VinaCapital launches rental service for Azura
The developer said any customers who have purchased Azura apartments can sign long-term leases in case they do not intend to stay at their new homes immediately.
If apartment owners agree to rent with a term of not less than one year and not to stay at the apartment during the lease, they will enjoy an annual return of 8 per cent. This is the gross margin that customers can earn after excluding expenses for management, brokerage and advertising.
The move is aimed at creating incomes for apartment owners who do not use their properties immediately, said David Brenac, project manager of Azura.
The ask price of the one bed room apartment stays at VND1.6 billion and VND3.5 billion for a three bed room one, according to Savills Vietnam, the sale agent of the project.
The Azura luxury apartment high-rise is being completed as part of the World Trade Center Danang.
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Latest News
More News
- Trump's trade policies could shape Vietnam's economic outlook: Dragon Capital (November 15, 2024 | 16:56)
- The One Destination partners with Singapore investor and institutional fund to build ESG real estate complex (November 11, 2024 | 10:32)
- Stabilising measures must sit alongside land price hikes (November 07, 2024 | 09:56)
- CapitaLand Development records strong bookings for Orchard Hill (November 07, 2024 | 08:19)
- Public transport and real estate: The rise of Transit Oriented Development (November 05, 2024 | 15:06)
- Funding flows to second-tier localities (November 03, 2024 | 15:24)
- Hanoi has long road to travel in becoming a smart city (November 03, 2024 | 15:00)
- Nam Long Group hands over keys to Akari City Phase 2 (October 30, 2024 | 18:29)
- KTG Industrial expands industrial footprint at Taitronics 2024 (October 29, 2024 | 14:46)
- Deal signed for sustainable development at Prodezi Eco-Industrial Park (October 26, 2024 | 10:02)
Mobile Version