Real Estate Prices in Da Nang

Specifically in Da Nang there were a lot of hotels for sale during the first and second COVID outbreaks.  News articles were talking about dozens being listed for sale daily and others asking prices being reduced 30% but still no takers.  I linked the article in a previous thread but I can't remember where.  I suspect this has firmed back up some but with no tourists it might still be a good time to buy if you are willing to and can afford to hold for a year with virtually no return for that year.

The next question is what Vietnamese person are you going to put on the red book?  You can't be on it for a homestay or hotel.  It will be 100% in their name.  I don't remember if you are married to a Vietnamese or not.

Thanks for the reply. I do remember that post ... somewhere ... but when I looked the prices were still just 10 or 20% shy of Pre CV 19.

The newspapers may have been talking about friends cash deals rather than https://batdongsan.com.vn prices.

I can hold out for a year as I have online work. I see that there is a lot for sale and they seem to be under the pre CV 19 price.

Yes, I am married to VN.

Have prices for buying moved down? I know rents are lower, but what about buying? CV 19 affected prices?

I am looking to buy a homestay or small hotel.

Here in Quy Nhon prices are high as pre CV 19. Of course, that may not mean anyone is actually buying.

- @GuestPoster221

Have prices for buying moved down? I know rents are lower, but what about buying? CV 19 affected prices?

I am looking to buy a homestay or small hotel.

Here in Quy Nhon prices are high as pre CV 19. Of course, that may not mean anyone is actually buying.

- @GuestPoster221

I'm a professional real estate agent from DKRA in Ho Chi Minh. If you have any question about real estate in VN, please kindly let me know.

- @Phoenix DKRA

He asked about Da Nang, not Saigon. - @colinoscapee