Research by real estate services provider Savills Vietnam published recently showed that more than 80 percent of people who bought a second home in the central city of Da Nang are from Hanoi.
An overview of Da Nang city
Savills Vietnam said that Hanoians were attracted by a variety of factors, including completed infrastructure, bright tourism prospects, sales policies and a young, dynamic and green city.
Da Nang pioneered in luxury coastal homes and was second to Nha Trang in total stock with 1,199 villas and 3,367 apartments. A large future supply and apartments and coastal villas are expected in the central city, according to Salvills Vietnam.
The company said that second homes are becoming commonplace in Vietnam.
Source: VNA