Da Nang announces over 1,000 apartments available for foreign buyers
Saturday, February 22, 2025, 11:18 GMT+7
The Da Nang Department of Construction announced on Saturday that over 1,000 apartments in two commercial housing projects will be available for foreign organizations and individuals to purchase in the central Vietnamese city.
The two projects, Capital Square 2 Urban Area, invested by Mega Assets Co., Ltd, and Capital Square 3 Urban Area, invested by SIH Real Estate Co., Ltd, are located in An Hai Bac Ward, Son Tra District.
Capital Square 2 has 1,681 apartments, with a maximum of 502 available for foreign ownership.
Capital Square 3, with 1,710 apartments, allows up to 512 apartments for foreign ownership.
The Da Nang Department of Construction emphasized that sales and purchases must comply with the Law on Real Estate Business and Housing Law.
Foreign individuals and organizations must provide the necessary documents and meet conditions set by Vietnamese regulations.
If the projects are in national defense and security zones, investors must halt foreign sales, cancel contracts, and address legal issues.
They must also provide full legal details to buyers and comply with regulations.
Like us on Facebook or follow us on X to get the latest news about Vietnam!
