Vietnam
South & Southeast Asia10 independent articlesFast-growing coast — Da Nang, Nha Trang, Phu Quoc — via 50-year condo ownership.
Vietnam is one of Asia's fastest-growing economies, with a long, beautiful coast (Da Nang, Nha Trang, Phu Quoc) and dynamic cities (Ho Chi Minh City, Hanoi). Under the 2023–24 Housing/Land laws, foreigners may own apartments and houses in approved commercial developments for 50 years, renewable, capped at 30% of a building. No freehold land; the market is largely cash.
Can foreigners buy?
Condos/units for 50 years (renewable): ≤30% of a building may be foreign-owned; no foreign land freehold. Cash market (no foreign mortgages).
Taxes & buying costs
Registration/VAT ~10% embedded in new-build; low holding costs; rental income taxed (~5–10%); resale subject to tax.
What makes it unique
High-growth coastal-and-urban market — via renewable 50-year condo ownership, not freehold.
1
Most prestigious places to own
District 1 & Thu Thiem, Ho Chi Minh City
The prime riverfront and CBD towers.
$300k–$2m
Luxury riverfront condo
Da Nang beachfront (My Khe)
Central-coast beach towers and branded residences.
$250k–$1.5m
Beachfront condo
2
Best income potential from vacation renting
Da Nang & Nha Trang
Beach-tourism condo STR with strong domestic + foreign demand.
$120k–$600k
5–7% gross
Beach condo
Ho Chi Minh City
Deep long-let expat and professional demand.
$150k–$700k
4–6% gross
City condo
Phu Quoc
Fast-rising resort island (condotels/branded).
$130k–$700k
5–7% gross
Resort condo
3
Picturesque farms & rural tourism properties
Da Lat highlands
Cool-climate coffee, flower and strawberry farms (leasehold/company); agritourism.
$150k–$800k
Coffee/flowers / agritourism
Highland farm / homestay
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Indicative 2025–26 planning bands for screening only, not quotes and not advice. Holiday-let licensing, tax and foreign-buyer rules change frequently — confirm locally with a lawyer and tax adviser before buying.