Thanks for the comment! We will try to squeeze one in. Most of these units have already been reserved and at the moment only selling for Vietnamese buyers Happy to send more info via email if curious
@@alexlerealtor3176 thanks for the question Alex! Feel free to send an email to the following addresses and we can organize a call 👍 Austin.weyers@cvr.com.vn Info@cvr.com.vn
Thanks for the comment! You are able to own the property on both an individual or corporate name. Corporate title holding will incur corporate income taxes, while individual taxes related to property ownership are notable lower
I am a Canadian hollering a three year temporary resident visa (my spouse is Vietnamese. Do all units require the owner to lease back to project for ten years?
The floors units on floors 38-41 do not require you to sign a management contract with Nobu Hospitality and allow full time residence from the day of handover.
You are able to transfer directly from abroad to the developer's VN account. You can also open a local VN account yourself and transfer from your account abroad to your local account in Vietnam, then onto the developer. Domestic transfer within Vietnam generally do not incur any fees. There are several payment plans to choose from, including a payment plan that allows 10% upfront, then 5% payment every 2 months for the next 24 and last 30% upon handover of the property. You can pay 70% or 95% upfront for greater discounts.
@@BtFromLa Yes very easily. All you need if your passport and visa (tourist visa or visa exemption is acceptable). Most banks will require a Vietnamese phone number to open mobile banking. Generally opening an account takes 20 minutes at the bank!
Thanks for the question! That's correct - they take 60% of the total revenue. They will cover all expenses in relation with operation (generally around 45-50% of revenue). The remainder is their incentive for operational management of the property. Happy to answer any further questions you may have!
@@RC94332 The project is set for completion and operation Q1/2027. The room rate varies between unit type for the first couple years of operation, for example : Studio - $150-175 One bedroom - $225 - $275 Two bedroom - $380 - 450 Three bedroom - $500 - $620 The first two years owners will receive a guaranteed 6% return. I hope this helps and feel free to send us an email if you have more questions info@cvr.com.vn austin.weyers@cvr.com.vn
Correct - prices are expected at USD ~$5,500 per square meters. Studio units around 38 square meters One bedrooms : 60-65 square meters two bedroom : 100-120 square meters Happy to provide more information regarding pricing and potential discounts for your consideration via email!
@@EricLegendary Expected at USD $5,500 per square meter - discounts possible as well. We will know more at the end of the summer! Though making earlier bookings will guarantee best pricing
Timeshares have multiple owners of a single property. This model is single ownership of the property with the owner signing a management contract with Nobu Hospitality to manage the property on your behalf. There is no share of ownership, or passing of the management rights to an international hospitality operator.
Foreign ownership in Vietnam is on a termed ownership system, which is renewable upon expiry. This is the same ownership that international companies like Samsung, LG, Foxconn are investing in Vietnam. Strength with the big guys!
Is there more food poisoning in Vietnam than where you live? Any data or researches to detailed your statements? I live there for 3 years and never got sick eating in the streets.
Pretty impressive way to display the property. Condotel is such an interesting concept. That location is spectacular.
Thanks for the comment! Happy to organize an in person or virtual video call viewing anytime
I would like to see more videos on all the Sun Group projects in Da Nang. Especially the projects along the Han river.
Thanks for the comment! We will try to squeeze one in. Most of these units have already been reserved and at the moment only selling for Vietnamese buyers
Happy to send more info via email if curious
How do I schedule a zoom meeting to get more info?
@@alexlerealtor3176 thanks for the question Alex!
Feel free to send an email to the following addresses and we can organize a call 👍
Austin.weyers@cvr.com.vn
Info@cvr.com.vn
Following on my first question I would like to know if I can own a unit in my name, or a corporate name?
Thanks for the comment! You are able to own the property on both an individual or corporate name. Corporate title holding will incur corporate income taxes, while individual taxes related to property ownership are notable lower
I am a Canadian hollering a three year temporary resident visa (my spouse is Vietnamese.
Do all units require the owner to lease back to project for ten years?
The floors units on floors 38-41 do not require you to sign a management contract with Nobu Hospitality and allow full time residence from the day of handover.
How do you pay for the property? wire transfer from a bank outside of Vietnam to a Vietnam bank? and also wire transfer a payment on a schedule?
You are able to transfer directly from abroad to the developer's VN account.
You can also open a local VN account yourself and transfer from your account abroad to your local account in Vietnam, then onto the developer. Domestic transfer within Vietnam generally do not incur any fees.
There are several payment plans to choose from, including a payment plan that allows 10% upfront, then 5% payment every 2 months for the next 24 and last 30% upon handover of the property.
You can pay 70% or 95% upfront for greater discounts.
@@CentralVietnamRealty a foreigner can open a local account even I don’t work and live locally?
@@BtFromLa Yes very easily. All you need if your passport and visa (tourist visa or visa exemption is acceptable). Most banks will require a Vietnamese phone number to open mobile banking.
Generally opening an account takes 20 minutes at the bank!
They take 60% of the income?
Thanks for the question!
That's correct - they take 60% of the total revenue. They will cover all expenses in relation with operation (generally around 45-50% of revenue). The remainder is their incentive for operational management of the property.
Happy to answer any further questions you may have!
@@CentralVietnamRealtywhat’s the approximate short term rate one could expect? When will the project be finished?
@@RC94332 The project is set for completion and operation Q1/2027.
The room rate varies between unit type for the first couple years of operation, for example :
Studio - $150-175
One bedroom - $225 - $275
Two bedroom - $380 - 450
Three bedroom - $500 - $620
The first two years owners will receive a guaranteed 6% return.
I hope this helps and feel free to send us an email if you have more questions
info@cvr.com.vn
austin.weyers@cvr.com.vn
How much it cost ?
No prices are avaiable yet. Late summer according to the video.
Correct - prices are expected at USD ~$5,500 per square meters.
Studio units around 38 square meters
One bedrooms : 60-65 square meters
two bedroom : 100-120 square meters
Happy to provide more information regarding pricing and potential discounts for your consideration via email!
@@EricLegendary Expected at USD $5,500 per square meter - discounts possible as well.
We will know more at the end of the summer! Though making earlier bookings will guarantee best pricing
@@CentralVietnamRealty wow $5500/m2 for Vietnam?! That seems very expensive
So this looks like a "Timeshare" program.
Timeshares have multiple owners of a single property. This model is single ownership of the property with the owner signing a management contract with Nobu Hospitality to manage the property on your behalf.
There is no share of ownership, or passing of the management rights to an international hospitality operator.
Doesn't make sense if you're a foreigner to actually buy a unit since you don't have complete ownership 🤦
Foreign ownership in Vietnam is on a termed ownership system, which is renewable upon expiry.
This is the same ownership that international companies like Samsung, LG, Foxconn are investing in Vietnam. Strength with the big guys!
I'm not gonna buy a map, or a model, or a painting.
Vietnam could be more enjoyable if the people didn’t throw garbage everywhere and the food vendors practiced food safety and hygiene.
Is there more food poisoning in Vietnam than where you live? Any data or researches to detailed your statements?
I live there for 3 years and never got sick eating in the streets.
@@andreandree4384: You are closed minded. No wonder Vietnam never changed.
@@magnetoforce704 hahahaha...
@@magnetoforce704
Please Don’t come to Vietnam ! Vietnam is not your thing
Please don’t invest or vistite Vietnam.
Vietnam is not your Country