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Bay-front and double waterfront property: irresistible investment attraction

Update: April, 29/2022 - 08:00

A bay often has only 1 or 2 capes heading the big sea to receive wind and sunlight in infinite space. Property products favorably located in this unique position are always strongly welcomed and hunted thanks to their extraordinary wellness space, helping owners fully enjoy the bay’s poetic beauty right at home.

Moreover, with a series of outstanding advantages such as scarcity, high liquidity, high growth potential, attractive profit margin etc., a bay-front property is regarded as a safe channel and  a top priority for investors.

We may refer to some well-known super-projects in the world, such as One World Trade Center (New York), Marina Bay Sands (Singapore) and Repulse Bay Tower (Hong Kong), which are costly but always wellness choices by the upper class. For example, Marina Bay Sands has 2,590 units with rent at around VND20 million per room per night, but the occupancy rate always reaches about 97 - 98 Per cent.

Costly Marina Bay Sands (Singapore)

Similarly, double waterfront property with two “views” of deep river and wide sea is also one of the segments with limited quantity, drawing much attention from investors.

According to Knight Frank report in 2019, the value of projects with sea-view, river-view or lake-view is 58.5 per cent, 36.8 per cent and 32.7 per cent higher than that of common products, respectively.

The value of double waterfront products will increase many-fold. For example, in Miami (USA), 3 Trump Towers Miami facing Oleta river and Sunny Isles, and the Epic Residences Tower with a view of both the bay and Miami river are worth around 1 - 5 million USD per unit.

Trump Towers Miami facing Oleta river and Sunny Isles

In Viet Nam, property products with bay-front or double waterfront views are enjoyed by the upper class and are expected to accelerate in the future, together with the stunning growth speed of the super-rich.

According to Knight Frank, by 2026, the community owning USD1 million will have increased by 59 per cent, over USD 30 million by 26 per cent, against 2021.

Remarkably, in 2022, over 25per cent of their assets will pour into the property field. Especially, luxurious coastal apartment segment with the above-mentioned precious features such as The Aston Luxury Residence, the most outstanding project in Nha Trang city with 3 blocks: Sol – Sea – Sand.

Block Sea (HH2) – Double waterfront property right at Nha Trang bay cape

Nha Trang Bay is like a bow heading towards the big sea, in which block Sea (HH2) of The Aston Luxury Residence is located at bay cape.

Situated at a unique position, block Sea (HH2) not only covers the remaining land fund of the billion-dollar road curve but also owns two most beautiful double waterfront views of bay with a 250-meter front Cai River and 100-meter front of the adjacent sea, opening a free living space and bringing absolute support to owners’ mental and physical health.

DKO – a famous Australian architecture firm – continues to show the inspiration of natural beauty completely in TWO design language (Tide - Harmony of the tidal rhythm; Wave - Soft and flexible lines of the waves; Ocean - the spaciousness of the ocean). This concept of TWO meant The Aston Luxury Residence was honourably granted the award "The best architectural design for the coastal apartment in 2021" by PropertyGuru Vietnam Property Awards.

In addition, as the center of The Aston Luxury Residence, block Sea (HH2) fully enjoys the project facility ecosystem such as 30 exclusive facilities along 6,000 m2, a service-trade center with an area of 12,000 m2, 1,800m-long walking street, 1,200-m2 infinite swimming pool, 2,000m2 of the internal park, a Zen Garden, a detox restaurant and more.

Panoramic view of Pearl Nha Trang bay from infinite swimming pool

Viet Nam has a long coastline of over 3,260 km but sees very few property products with views of the bay-front or double waterfront, like block Sea (HH2).

Remarkably, with clear long-term ownership as well as the strong support  of Danh Khoi Group – one of Viet Nam’s leading potential investors - block Sea (HH2) is not only an ideal space for wellness and a peaceful life but also  a good option for investment.

Block Sea (HH2) has 24 storeys, two intercommunicating basements, 386 1-bedroom and 2-bedroom apartments, and Sky Villa and Penthouse with an area from 45 - 260m2. When buying any product of block Sea (HH2) now, buyers only pay 25 per cent in advance till receipt of apartment with loan support up to 70 per cent (without interest, without a prepayment penalty, 24 months of grace period). Moreover, bulk buyers will enjoy discounts of up to 3 per cent, while loyal customers will be offered 2 per cent.

Block Sea (HH2) has 24 storeys, 2 intercommunicating basements, 386 1-bedroom and 2-bedroom apartments, and Sky Villa and Penthouse with an area from 45 - 260m2. When buying any product of block Sea (HH2) now, buyers only pay 25 per cent in advance till receipt of apartment with loan support up to 70 percent (without interest, without prepayment penalty, 24 months of grace period). Moreover, bulk buyers will enjoy discounts of up to 3 per cent while loyal customers will be offered 2 per cent.

Sign up for a consultation of block Sea’s apartments at:

Hotline: 0903 719 779

Website: https://theaston.vn/

Show Gallery: 11th floor of Gold Coast Building, 1 Tran Hung Dao street, Loc Tho ward, Nha Trang city

 

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