Land investment boom in Da Nang has begun for a long time, not just in 2017 – year of events. Many people worry that after APEC was held in November 2017, should we continue investing in land in Da Nang?
Learn about Da Nang land investment
It can be said that Da Nang real estate situation has recently been quite exciting. By 2017, Da Nang is proud to be the host city of many great cultural-entertainment events. The most important one is the APEC. This event has a great impact on the Da Nang land investment situation.
Many large-scale projects, with many different segments in succession have been done in this beautiful city. It attracts large investment from both domestic and foreign sources, thus pushing up Da Nang land prices.
However, what concerns people is that Da Nang real estate projects have been done by the attraction from APEC. And when the event ended, the real estate situation here will begin declining.
According to economists, the investment in Da Nang is not due to the attraction of big events but Da Nang itself is a tourist city, attracting large visitors both inside and outside the country.
In addition, the recent land boom is the result of the investment in infrastructure as well as traffic to help Da Nang connect with neighboring provinces.
So not only the current period, but also after APEC, Da Nang real estate situation will continue to develop stably and sustainably.
Should we invest in Da Nang land in the current period?
As mentioned hereafter, Da Nang real estate situation will be stable and sustainable in the future. And Da Nang land price up to now is increasing but still depending on the projects as well as the location. The investment in Da Nang is still very promising. However, it is no need to massively invest, it needs to thoroughly explore the planning of each region.
Hopefully through this article, it has partly helped you understand the situation in Da Nang. This will help you decide whether to invest in Da Nang land during this time or not?
The opinions expressed in this article are those of the author, only for reference purposes. May you make the right decision about your investment choices.