Rewarding foreign property buyers

Rewarding foreign property buyers

With the increasing demand on the second home and condotel market, the Vietnam Real Estate Association has suggested the government to permit foreigners to buy holiday property and second homes in Vietnam. Kai Marcus Schroter, CEO of Hospitality Tourism Management, shares his views on this proposal with VIR’s Bich Ngoc.
Second home market takes a hit

Second home market takes a hit

With the property market under siege because of high inflation and tightening lines of credit, both developers and customers are looking at alternatives to investing in luxury second homes.