A townhouse next to the marina: The attraction of rare property assets

August 03, 2021 | 22:52
Marina-integrated real estate in Vietnam is expected to attract property investors in the near future due to rising demand and limited supply amid the expansion of the middle class.

In particular, townhouses next to a marina are becoming the focus of investment thanks to their great advantages.

Launched in July, Sun Harbor 1 subdivision inside eco-smart city - Aqua City has heated up the real estate market due to its unique Aqua Marina square and marina complex in the east of Ho Chi Minh City.

A townhouse next to the marina: The attraction of rare property assets
Aqua Marina is a highlight of Sun Harbor 1, Aqua City

Located at the heart of Aqua City, Sun Harbor 1 subdivision boasts a prime location with easy connectivity, only 20 minutes to Ho Chi Minh City or Long Thanh airport. The project is also located at the intersection between Huong Lo 2 – the 60m-wide key road and the 45m-wide radial road connecting all subdivisions of the project. Thanks to this connectivity, Sun Harbor 1 has become a bustling trade hub and a focal point of the entire project.

It is this location that gives the townhouses at Sun Harbor 1 a rare advantage, drawing in investors by the droves. Situated next to the magnificent European-style Aqua Marina, Sun Harbor 1 townhouses have a panorama view of the Dong Nai River, the busy commercial street, trendy French-style conservatory coffee shop Phindeli, theatre, as well as the four-star Aqua City Resort by Fusion.

The location next to the marina has brought great value to Sun Harbor 1 townhouses with the anticipated rise in luxury yacht ownership and related services.

According to data from German market research firm Statista, it is expected that by 2023, the ranks of Vietnam’s dollar millionaires will exceed more than 15,000 people, signalling a potential demand for rare real estate products by the marina.

Nguyen Thanh Nam, an expert in the yacht industry, said that, “Except for super luxury yachts, owning a yacht is not as expensive as people think. However, it is more difficult to find a berth. Therefore, the opportunity will only be available for those who make an early decision.”

Assets with strong upside potential

Professional investors usually take into account the future vitality of a location when calculating the value of a real estate – and have highlighted Sun Harbor 1 townhouses for potential in this area since inception.

In addition to prime location, the aesthetic value of timeless luxurious European architecture is another factor contributing to the sustainable vitality of townhouses here.

A townhouse next to the marina: The attraction of rare property assets
The potential for sustainable profitability of Sun Harbor 1 townhouses comes from aesthetic value and smart design

The townhouses are developed with beautiful architecture and smart design with mixed-use functionality and separate basement and elevator, helping investors to flexibly convert space and usage purpose for both living and doing business.

Nguyen Khanh, an investor from District 7, Ho Chi Minh City shared that, “With the semi-basement floor at Sun Harbor 1 townhouses, I can both comfortably park my car and enjoy family activities on the upper floors. At the same time, I can lease the downstairs for businesses without affecting other spaces. Along with the bustling of the square and marina complex, the rental yield will certainly be good, solving the problem of luxury living while ensuring a steady cash flow."

With the price increase potential of Sun Harbor 1 townhouses, especially as other investment channels have shown many disadvantages due to the negative impacts of the COVID-19 pandemic, it is not surprising that many investors are looking for these products. Owning a townhouse has also become easier with a series of attractive incentives such as paying only 5 per cent of the initial capital, enjoying up to 24 per cent interest in two years, receiving a discount of up to 4 per cent of the product value (according to the bank loan schedule) and others.

For more information about Aqua City, please take a virtual tour or call the hotline (0943797979) for advice on attractive promotions only available during the pandemic.

By Thanh Van

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