A limited number of products, well-known international management units and reputable investors are the main factors why InterContinental Phu Quoc Long Beach Residences will create a “storm” in April.
Next month, the BIM Group will officially open a five-star hotel and launch the last 15 most luxurious condominiums of InterContinental Phu Quoc Long Beach Residences.
InterContinental Phu Quoc Long Beach Residences attracted significant attention in the Phu Quoc real estate market in the second half of 2017 and early 2018. Right after the sale started, 100 apartments were already booked. According to the distribution unit, the number of customers interested in this project is more than three times the number of products launched at each sale.
To understand why this is a “hot” project, it is necessary to mention the reputation of the InterContinental Hotels Group (IHG), which runs InterContinental Phu Quoc Long Beach Resort and Residences. With over 70 years of experience in the hospitality industry, nine hotel brands in the world and approximately 750,000 guest rooms in more than 5,000 hotels in nearly 100 countries, IHG has always maintained its top position in the global resort market. Its revenue and profit have increased sharply throughout the years. Customers who own a unit at InterContinental Resort Phu Quoc Long Beach Residences does not just own a profitable holiday apartment but also a part of the global reputation brand.
Besides the project’s high level and prestige, it also brings different values and benefits to investors. Most of the apartment projects introduced in the market today just have the foundation, but the scale and quality of the project can only be visualised through design and model homes. Few projects have the policy to complete construction before launching in the market, as InterContinental Phu Quoc Long Beach Residences. The method of “completing before sale” by BIM Group shows its enthusiasm as an investor. Moreover, it reduces the financial burden on customers.
According to representatives of MGV, a distributor, some projects in the market open for sale when nearing completion. These projects usually have good liquidity by relieving the anxiety of customers. The BIM Group, however, does not open for sale until the project is completed. This makes the project more attractive, even if the project itself has many outstanding features.
The wait and expectation of customers also grow every day in accordance with the progress of the project. Trịnh Ngọc Dung, a resident of Hà Nội’s Đống Đa District, said: “When choosing to invest in a condominium resort at InterContinental Phu Quoc Long Beach Residences, I set a lot of expectations on the investment efficiency of the project. Now that the project is about to open, seeing firsthand the specifics of the investment, I am really excited and think that my decision was absolutely right.”
During this period, the investor will launch the final and most spectacular “resort” apartments. These are all suites of the Grand Ocean View with panoramic views, with each room offering a view of the beach. There is no better resort to watch the sunset and sunrise on Phu Quoc Island as InterContinental Phu Quoc Long Beach Residences. Winning an award in the architectural design category of IPA2017, InterContinental Phu Quoc Long Beach Residences exude aesthetic taste and sophistication with an entire interior system.
Majestic nature is the main reason why most beautiful beaches in the world in general and Việt Nam in particular have been or are being exploited with a series of large-scale resort projects. Real estate projects close to the coast will become increasingly expensive and scarce. Situated in one of the most beautiful and popular beaches in Phu Quoc, InterContinental Phu Quoc Long Beach Residences will be one of the best places for investors to own an international-class vacation apartment.
Moreover, the policy of sharing up to 40 per cent of room revenue coupled with the opportunity to make profit of up to nine per cent per year and maintaining it for nine consecutive years is extremely attractive and beneficial to investors. The owner is also committed to leasing the apartments for a minimum of 20 years with extension, and the property owner is granted 20 nights of holiday per year.
With a boom in property projects, customers are increasingly becoming rigorous in their choices. Conquering the necessary values of a leading resort project, InterContinental Phu Quoc Long Beach Residences is listed as a “rare commodity”.