Bavico Playa Hotel Dalat - a holiday spot and investment not to miss

Dalat’s new symbol

Xuan Huong Lake is considered the heart and a symbol of the romantic city of Dalat. Thanks to this charming lake, surrounding buildings are also brought to life to showcase the spirit of Dalat. Bavico Plaza Hotel Dalat has become not only a worthy addition, but one that elevates the scenery to even higher standards.

Lying on a prime location with a total surface area of 7,500 square metres and a total floor area of 30,000sq.m, the 210-room Bavico Plaza Hotel Dalat overlooks Xuan Huong Lake on three sides. The building’s impressive French-spirited architectural design resembles 19th century mansions.

The antiquated shell and luxurious design gives home to modern facilities for patrons’ comfort, coming fully equipped with state-of-the-art amenities and facilities, such as a bar, karaoke room, wedding and convention centre, restaurant, and a spa and fitness center. The hotel consists of eight suites: Superior City View, Superior Lake View, Deluxe City View, Deluxe Lake View, Premium Deluxe C.V, Junior Suite, and Senior Suite, meeting the diverse needs of assorted guests. All rooms are well-furnished with high-standard furniture manufactured by Bach Viet Company, a leading textile producer and the investor of Bavico Plaza Hotel Dalat.

This world-standard hotel is a perfect accommodation for those who fancy the natural beauty of pine forests and Xuan Huong Lake. From the balconies, tourists can contemplate the dreamy landscape overlooking the city a sight that is especially romantic in the crimson of dawn. In addition, other picturesque attractions, such as Than Tho (Lament) Lake, the Valley of Love, and Dalat Flower Garden, are just a short drive from Bavico Plaza Hotel Dalat.

Great investment opportunity

Bavico now offers profit-sharing to all clients as an investment opportunity. This business model is called condotel, which calls for clients to buy the apartment exploitation rights.

It is applied to all apartments in Bavico Plaza Hotel Dalat or in any other hotel that are part of Bach Viet, including Bavico International Hotel Nha Trang and Bavico Boutique Resort Mui Ne.

Specifically, investors wishing to buy apartments in Bavico Plaza Hotel Dalat can directly sign with Bach Viet Company at 242 Cong Hoa Street, Ward 12, Tan Binh District, Ho Chi Minh City.

Accordingly, investors’ benefits are guaranteed with the total profit-sharing rate of up to 15 per cent per annum. In addition, clients can enjoy 15 free nights a year in their own apartment or in other luxury hotels of the Bach Viet brand.

Clients can also sell the accommodation back to the developer at the initial price. The price will include VAT and an additional five per cent if the apartment has been used for a year or a minimum of 10 per cent for 2-5 years, and at least 15 per cent for 6-50 years.

“Unlike the ordinary form of buying and owning an apartment, condotel is about the rights to exploit the apartment in Bavico’s hotels. This is clearly issued in the laws on tourism and property investment. Specifically, according to Article 62 of the Law on Tourism, it is a tourist apartment and a tourist accommodation product,” explained Hoang Dat, lawyer and head of the legal department of Bach Viet Company.

In addition to compelling interest, investment in Bavico Plaza Hotel Dalat is quite flexible, fitting the demands and economic conditions of plenty of residents.

Regarding the flexibility of this business model, Dinh Tien Su, General Director of Bach Viet Company, explained that investors can choose between investment packages of VND100 or 500 million, or VND1 or 5 billion. Besides, it is also flexible in the duration of the investment. Accordingly, investors can withdraw their capital by selling the accommodation back to Bach Viet within one year.