Da Nang transforms thousands of condotels into residential apartments
Ownership certificates will be granted to the buyers
Disillusioned investors wake up to grim reality of condotel fundraising schemes in Vietnam
The term ‘condotel’ has no definition in Vietnamese law, exposing both developers and investors to serious risk
Concerns raised over ‘condotel’ development on Vietnam’s central coast
Given the current rate of development, supply may soon exceed demand for condo-hotels in Vietnam