Ariyana SmartCondotel Nha Trang Project: Impressions from Outstanding Advantages

19-May-2018 Intellasia | VCCI News | 6:00 AM Print This Post

The vacation property market in Nha Trang City is receiving a big wave that carries most famous investors in Vietnam, with the condotel sector particularly being a strong magnet for capital flow. Many blockbuster condotel projects have been launched in Nha Trang City. Ariyana SmartCondotel Nha Trang is highly appreciated by investors for its three outstanding features: Smart investment, modern, youthful and dynamic design, and a variety of amenities for tourists.

Ariyana SmartCondotel Nha Trang is invested by Nhat Minh Tourism Joint Stock Company, whose majority shareholders are also co-developers of many prestigious projects in the market such as billion-dollar Dragon City in HCM City, luxury Furama Resort in Da Nang City, L’Alyana Ninh Van Bay, and Evason Ana Mandara Resort & Spa in Nha Trang City. Nhat Minh Tourism Joint Stock Company also provides a wide range of travel and tourism products and has full potential to develop vacation property and tourism products, unlike many investors. And, Nha Trang City is a potential land for condotel projects.

Based on these advantages, Nhat Minh Tourism Joint Stock Company planned to develop a smart condotel project. When it carries out the project, the company has received enthusiastic support from Khanh Hoa province and local authorities. Ariyana SmartCondotel Nha Trang occupies a prime location at the heart of Nha Trang City, situated at No. 18 Tran Hung Dao Street, just 180 metres from the seashore and just a few minute drive from famous tourist attractions such as Ponagar Tower, Dam Market, Christ the King Cathedral, and Hon Chong. Ariyana SmartCondotel Nha Trang is designed with 28 floors, including four serviced floors, five high-class utility floors (including swimming pools, fitness rooms and children’s playgrounds), and 258-room 4-star sea-view hotel apartments from the sixth floor upwards.

“As planned, Ariyana SmartCondotel Nha Trang will be officially operational in June 2018. This is also the peak time of the tourism season when domestic and international tourists flock to Nha Trang City, Khanh Hoa province. Therefore, this will be a good advantage and good condition for the project to play a great part in tourism development of Khanh Hoa province at present and in the future,” said Le Van Nghia, Chair of the Board of directors of Nhat Minh Tourism Joint Stock Company.

According to experts, Ariyana SmartCondotel Nha Trang deserves to be the first choice and a worthy investment channel because of outstanding advantages and a series of unprecedented incentives for customers’ interests. Specifically, the investor pledges a base profit of 8.5 per cent for customers in the first five years. “Revenue sharing is a bold step by the investor of Ariyana SmartCondotel Nha Trang because it is rarely seen in the vacation property market today. We do this because what we want most in this long-term activity is prestige of ensuring profits for customers. Only harmonised interests of both sides keep customers forever,” he said.

It is clear that the domestic property market continues to look up and the Nha Trang market is on the sharp rise. With this market rule, the opportunity of owning a condotel is easier for customers as banks are ready to support. The popular lending limit for a vacation property is about 50-60 per cent of the asset value but, for a highly prospective condotel project like Ariyana SmartCondotel Nha Trang, HD Bank is ready to lend up to 75 per cent of the apartment value. Therefore, customers can place an order to buy apartments with a smaller initial investment value. Ariyana SmartCondotel Nha Trang also plans to hire private flights from other countries to Cam Ranh Airport and take customers to the hotel.

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Category: Business, Vietnam

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