In this wave, the choice of split apartments - an extremely rare product line, accounting for only 7% of the entire 935ha area, is a flexible investment strategy, bringing a large area with a much better unit price than the plan to buy a detached apartment, and at the same time opening up opportunities to exploit breakthrough cash flow in the wonder bay super-urban area.
Increase area, expand facade, total price is better than buying a single-unit apartment
Ms. Hoang T., an investor in the accommodation industry in Quang Ninh, has just decided to own 4 semi-detached apartments in Paradise Bay to unify the space. Instead of operating on a small scale, she wants to create a mini hotel with a scale equivalent to a mansion to welcome future customers in the super-urban area by the heritage bay.
In the accommodation business, floor area is a vital factor. Partnering helps me own a floor area 4 times larger, a frontage of up to 36m wide, enough to design a large number of luxury suites - a segment that is always fully booked in the tourist capital of Ha Long," Ms. T. shared.
With many years of hotel operation experience in Ha Long, Ms. T. estimates that with 30 luxury rooms, the expected occupancy rate is about 60%, the average price is 2.5-3 million VND/night, then revenue can reach the threshold of 1.5-2 billion VND. After deducting expenses, net profit reaches 8-10%/year, 4-5 times higher than the rental efficiency at other tourist areas that are already saturated.
Not only stopping at accommodation - travel, apartment combination is the perfect solution for upper-class service models. Mr. Le Thanh Nam, owner of an F&B business in Hanoi, said that with 2 162m2 duplex apartments, after "duplexing", the area will be expanded to 324m2, he will deploy a high-class Lounge service. This large-scale space also creates conditions to optimize the operating apparatus, helping Mr. Nam save significant personnel and management costs compared to maintaining many small businesses.
In Ha Long, upper-class customers are willing to spend heavily on unique spaces. It is expected that with an average customer base of 100 customers/day, spending from 1-1.5 million VND/customer, revenue will reach about 3 billion VND/month, bringing a net profit of 15-18%, helping to shorten the return time to only nearly half," Mr. Nam calculated.
From the perspective of the distributor, Ms. Pham Thu Huong, Deputy General Director of T-Land Trading Floor in Quang Ninh, said that the idea of Mr. Thanh Nam as well as many other investors is the real estate acquisition strategy of sophisticated "sharks".
This approach helps owners have floor space equivalent to luxury detached villas at a much more optimal price. And importantly, they hold the most prime locations, especially when the duplex line only accounts for 7% of the apartment fund in the total scale of 935ha of the entire Paradise Bay area. This will be a heritage that is difficult to own in the later stage," Ms. Huong analyzed.
Unlimited profit from "billion-dollar" frontage assets
If plotting is a practical problem, then the position of Paradise Bay is the solution to help the profit figures of 15-18% as Mr. Nam calculated become feasible.
Located next to the depot station of the high-speed railway line, Paradise Bay is the first touch point to welcome a huge flow of visitors to Ha Long - the tourist capital of the North. For investors, owning assets here is not only to occupy the "billion-dollar" frontage but also to hold the "ticket" to exploit sustainable profits from the heritage land.
In particular, investors place complete trust in the world-record utility ecosystem surrounding Paradise Bay. From a 24-hectare aquarium park, an outdoor sea view stage with a capacity of 60,000 people, to a mangrove fishing park with a scale of up to 800 hectares... all create a giant "magnet" that attracts and retains tourists to stay longer and spend more.
In addition, with the presence of 33 apartment buildings, this place will form a vibrant self-operating economy with regular customers and sustainable demand for all commercial activities. As the first sub-zone to reach the finish line, Paradise Bay also grants the privilege of "pioneer" to investors who want to affirm their position in the new tourist center.
In particular, the "ceiling" interest rate policy of 0-6%/year for 5 years from Vinhomes has removed all financial barriers, helping investors firmly grasp the opportunity to create assets right from the initial market stage, the new price base at the "starting line".
In investment, the biggest advantage is timing. Early presence both helps me hold a good position and helps me exploit customer flow from the beginning. When the brand is clearly positioned, no need to compete, customers still come to me," Ms. Hoang T. concluded.
Ms. Hoang T.'s vision is also the common thinking of the sophisticated investor community, creating an unprecedented heat at Paradise Bay. This attraction is evidenced by a record number when in just the first 9 days of release, the project brought in huge revenue, more than 11,000 billion VND.
From May 16 to June 28, to help customers directly see the Vinhomes Global Gate Ha Long super project, VinBus will deploy a series of sitetour events to welcome visitors to visit the "new city" by the heritage bay.
According to the schedule, on Saturdays and Sundays, the car will depart at 12:00 from two pick-up points in Hanoi, including Vinhomes Times City and Vinhomes Ocean Park 1. When arriving, customers will experience the project on the ground, participate in events at the sales office and a lucky draw program with many attractive prizes.
