Cam Ranh "low-lying area"
Cam Lam is one of Khanh Hoa's real estate "hot spots" in 2022, with local land fever occurring many times, according to Batdongsan.com.vn. However, while the price of land in Cam Lam has increased dramatically regardless of whether it is agricultural land, garden or land without legal documents, in the neighboring Cam Ranh city - which benefits from macro policies, planning, and infrastructure, close to the sea, close to the airport, the real estate market also has more attractive growth potential.
According to a survey by An Binh Invest - the business development unit of The Arena project, Cam Ranh's real estate currently ranges from 45-50 million VND/m2 for seafront apartments and 90-100 million VND/m2 for apartments. with several villas. Meanwhile, in Nha Trang, the price of seafront apartments is from 80-90 million/m2 and sea-front villas cost 500-600 million/m2. With the advantage of being located along the coast, the land fund along Bai Dai has been exhausted because all major investors are holding. At this time, seizing the "soft" price opportunity in Cam Ranh to take advantage of the existing opportunities and large growth potential of the locality promises to increase assets for investors who "go ahead and take the lead". ".
The internal force waiting for a breakthrough of Cam Ranh real estate
The price increase of the Cam Ranh real estate market is also "winged" by a series of positive information. With the policy of promoting tourism and completing infrastructure to ensure the progress to grade I urban areas by 2030, Khanh Hoa is focusing on investing in developing transport infrastructure systems in key areas. The goal is that by 2025, visitors to Khanh Hoa can travel easily and conveniently by road, rail, sea, and air.
Cam Ranh International Airport is upgraded with direct flights to 7 countries and territories. A series of international routes have been re-operated and expanded. The flight route from Cam Ranh to South Korea, Singapore, and India was deployed quickly to welcome a large number of international tourists to the locality to relax and experience.
The province also plans to implement key transport projects connecting the Central Highlands and South Central regions, making Cam Ranh an important link in the North-South and East-West economic corridors. Two-component projects of the North-South expressway, Cam Lam - Vinh Hao and Nha Trang - Cam Lam, are accelerated construction, expected to operate in 2023.
In addition, the locality also renovated and upgraded the Nha Trang - Ho Chi Minh City railway, moving 6 sections of the route through Nha Trang City and Cam Ranh City. Especially, at Nga Ba station (Cam Ranh City), the railway industry will open the third road to ensure safety and more modernity.
Information Cam Ranh city is oriented to become a tourism-logistics city and also "powers" strongly for local real estate. Generally, in the first 5 months of 2022, the province welcomed nearly 700,000 visitors, an increase of 58% over the same period; including nearly 32 thousand international visitors, an increase of 75%.
The push from synchronous infrastructure, the return of tourists, and the sharp increase in resort demand after the pandemic ... have contributed to bringing Cam Ranh real estate prices to take off. In particular, resort projects have been handed over and are about to go into operation such as The Arena, which is likened to a "bright pearl".
The new star of Cam Ranh real estate
Located right in front of Nguyen Tat Thanh Boulevard, about 3km from Cam Ranh International Airport, and owning nearly 500m of private beach, The Arena is the starting point to welcome a large flow of tourists to the coastal city. In terms of leasing capacity, the project fully converges the parameters for a product that receives a steady cash flow every month.
The attraction of The Arena also comes from the advantage of "6 vacations, 1 destination" to help all needs of tourists be satisfied. The appearance of the largest square in Vietnam with a capacity of up to 15,000 people or the longest pedestrian street in Khanh Hoa brings together many famous brands, creating a bustling entertainment and entertainment space for the Bai Dai area. erase the previous slow beat.
The project not only attracts attention from its location advantage, and new holiday model but also flexible financial leverage. Investors only need to spend 400 million VND to own a beachfront apartment ready to go into operation, and can soon exploit the business to make a profit.
Possessing many unique advantages and complete legal status, The Arena ensures the safety of investors' cash flow. In particular, with a series of exciting summer activities on Bai Dai, this is considered the right time to invest in The Arena.