Vietnam Property on China Beach, one of the world’s ten most beautiful beaches
The Hyatt Regency Danang Residences, a contemporary luxury real estate development in Vietnam, is being developed by an award-winning developer that holds an impressive track record in Vietnam real estate with approximately US$1.2 billion of projects under development/management. The beachfront development, also known as Marble Mountain Residences, will be managed by Hyatt Hotels & Resorts and it will be their second property in Vietnam. Construction has started and the entire project is scheduled to be completed in the first half of 2011.
The exclusive beach front properties in Vietnam consists of 174 luxury penthouses and apartments and 27 contemporary villas complemented by a 200 room five-star resort. Located on a prime 20 hectare beachfront site along world renowned China Beach, voted by Forbes magazine as one of the world’s ten most beautiful beaches, and bordered by the iconic Marble Mountains, the setting can hardly be better.
The Hyatt Regency Danang Residences features direct access to 30km of flawless beach and is in close proximity to Danang’s international airport and three UNESCO world heritage sites including Hoi An Ancient Town, My Son Sanctuary, and Hue’s Citadel and Imperial City.
Vietnam, a country of extraordinary variety and natural beauty, is fast emerging as Asia’s next great beach destination. This is an extraordinary opportunity to invest in a branded beach front property in China Beach Vietnam.
Why Hyatt Regency Danang properties
Hyatt Regency Danang is among the first luxury real estate developments leading the transformation of China Beach as a top tier resort destination rivaling Bali and Phuket. There are many reasons for investing in this project however the primary points are:
- Situated on 20 hectares of prime beachfront property that stretches 650 metres along renowned China Beach in Danang.
- Ideally situated on an unspoiled stretch of China Beach, voted by Forbes Magazine as one of the world’s ten most beautiful beaches
- Selected as the next great beach destination in Asia by Horwath Hospitality Consulting.
- Huge potential for capital appreciation as Danang is a great tourism destination with improving infrastructure, and the Danang Airport will be undergoing a 160M dollar expansion in the next three (3) years increasing the number of international flights.
- Sweeping views of the South China Sea and bordered by the iconic Marble Mountains
- On-site facilities including an extensive array of food and beverage outlets, a world class spa, children’s centres, swimming pools and preferred access to nearby Colin Montgomerie Signature Links Golf Course.
- Developed by an award winning developer
- The first branded residences in Vietnam
- Managed by Hyatt Hotels & Resorts
- Rental programme (optional), managed by Hyatt Hotels & Resorts
- Close proximity to three UNESCO world heritage sites including Hoi An Ancient Town, My Son Sanctuary, and Hue’s Citadel and Imperial City.
Stunning location
Danang’s China Beach area, a 30 km stretch of unspoiled beaches, has emerged as a prominent regional beach destination and in 2008 the city reported an increase in international visitors of 40% year-over-year. It was recently voted by Forbes magazine as one of the world’s ten most beautiful beaches and selected as the next great beach destination in Asia by Horwath Hospitality Consulting.
Hyatt Regency Danang is situated on a 20-hectare site (approx 50 acres) with more than 650 meters of beachfront in front of the iconic Marble Mountains and a 15 minute drive from the Danang International Airport; direct flights to Danang International Airport from several Asian cities are available. Airport renovations are currently underway and additional international flights from China and Japan are expected in 2009. Alternatively, you can fly from Ho Chi Minh City or Hanoi directly to Danang.
The area has also developed into one of Vietnam’s most dynamic economic regions, posting a GDP growth rate of 11% in 2008. With its natural beauty and close proximity to three UNESCO World Heritage sites, Danang is also one of Vietnam’s most significant cultural tourism destinations.
Contemporary Residences
The interiors of the contemporary residences tastefully capture local cultural influences by combining furniture, soft furnishings and art pieces with subtle Asian design elements.
Condominiums: Virtually all units offer ocean views, with a few ground floor units enjoying private garden settings. The condominium buildings range in height from 6 to 12 floors.
Penthouses: Stunning penthouses come with amazing sea views.
Villas: All 27 beachfront villas front directly onto the ocean in a private and tranquil setting. Each villa boasts three bedrooms, a private pool and large garden with an outside covered lounge area.
| Unit Type | Size (gross area) | Prices FROM: | |
| Condominiums | |||
| 1 bedroom | >75m² | US$203,740 | |
| 2 bedrooms | >110m² | US$286,325 | |
| 3 bedrooms | >196m² | US$652,406 | |
| Penthouses | |||
| 2 bedrooms | 193m² | US$768,691 | |
| 3 bedrooms | >195m² | US$670,000 | |
| Villas | |||
| 3 bedrooms | 300m² + 450-680m² plot | US$1,446,900 |
Prices are subject to VAT, currently at 10%
There is an optional furniture package available for investors which are to be an estimated eight percent (8%) of the purchase price. The furniture is world class in design and meets Hyatt brand standards. Each piece of furniture has a unique design inspired by the beach atmosphere and the surrounding cultural environment.
Facilities and Services
Residence owners will have preferred access to nearby Colin Montgomerie Signature Links Golf Course. The 18-hole, links-style layout is the only Montgomerie-branded course in Asia.
Also, residence owners will have access to numerous on-site facilities including:
- 200 room Hyatt Regency hotel
- World-class luxury Spa
- The Regency Club – An exclusive area which offers VIP treatment
- 5-Star beachfront restaurants and cafe style eateries
- 4 Swimming pools
- Retail outlets, snack bars, cafes and an entertainment zone
- Fitness centre
- Hyatt Camp – a children recreational area with day facilities and planned event
- Tennis, squash and racquetball courts
- Convention centre
- Concierge Service
The development will be managed by Hyatt Regency, one of the world's premier hotel companies with over 750 hotels and resorts in more than 44 countries.
As an added incentive, residences owners will also be able to take part in the Hyatt managed rental program offering a 50-50 room rate split. Danang is expected to have occupancies upward of 60% in the next 3 years which means investors have the opportunity to achieve approximately a 6% annual yield through the rental program.
Own Now
Unlike many properties of this type, Vietnamese buyers will also benefit from freehold tenure. Foreigner buyers will be able to purchase offshore ownership rights, giving them real access to the exciting Vietnamese property market.
To reserve a unit there are 2 different deposits required for specific unit types. Condominium Towers A & B require a USD$5,000 deposit whereas Condominium Tower C and the villas require a USD$10,000 deposit. This is followed by seven 10% stage payments throughout the construction period. The balance, 30%, is due on completion. This payment structure offers financial flexibility to purchasers.
Enquire about Hyatt Regency Danang, China Beach, Danang
Modern Homes Worldwide is an authorised sales representative of Hyatt Regency Danang
