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VietNamNews

Vacation properties seen as effective investment

Update: April, 11/2012 - 10:22

HA NOI — Tourism real estate would likely become an effective investment channel for investors considering the country's tourism sector had developed significantly in recent years, said Nguyen Thanh Trung, director of Archi Land Viet Nam.

During a press conference held late last week, Trung predicted that medium and low-cost segments of the sector would attract the attention of many investors in the coming time.

Archi Land Viet Nam is the sole distributor of Dien Vien Thon, a component of the 53ha Zen Resort project in Ba Vi District, west of Ha Noi. Invested by Thang Long Xanh Investment Co, the 3.2-ha Dien Vien Thon comprises 66 villas, covering an average area of 80sq.m each.

It is slated for completion in the first quarter of next year.-VNS

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