Alma Resort – first vacation ownership format in Vietnam

According to Hem Patel, general director of Alma, more than 1.1 million cubic metres of land was removed and the frame of the main building is now taking shape.

Invested by the Israeli billionaire Igal Ahouvi, Alma Resort will provide 200 high-end villas and 400 condominiums, providing 30,000 vacation units a year when it comes into operation in 2018. Alma Resort is expected to offer deluxe services for family vacation-goers.

Patel cited that by offering a stunning variety of advantages the trend of “Vacation Ownership” would see both investors and consumers scampering in the coming time.

“Any year that Alma members cannot go on their planned vacations, they can pass these weeks to other people that are interested. Accordingly, our customers can receive an interest rate of 20-25 per cent of their initial payment, and the payback period shall only be around four financial years,” said Patel.

Customers can save up to 25 per cent on one to three week vacations at Alma, compared to the average price of $4,200 per week at other beachside 5-star hotels.

Initiated in France in the 60s, “Vacation Ownership” is not only a trend in luxury resort ownership, but also a potential investment opportunity. After 50 years of development in more than 100 countries, this real estate model is hallmarked and pioneered in Vietnam by Alma Resort.

Furthermore, the resort grounds offer a beautiful theme park stretching alongside the scenic seashore is expected to bring families and visitors a myriad moments of wonder. Alma customers can pay in advance for their future vacation spots in a condominium or a villa, from at least one week at most every year.

Additionally, they can join the more than 17 million-strong “Vacation Ownership Community”, and have the chance to visit more than 6,000 hotels and resorts around the word.