Resort's 121 villas provide owners a guaranteed return of 10%.
Mövenpick Cam Ranh Resort on Bai Dai Beach in Cam Ranh city, Khanh Hoa province and invested by Eurowindow, will be launched in the near future, with owners able to sublease.
“The novelty is that owners can commit to subleasing their property with a guaranteed profit of 10 per cent per year over ten years, which is higher than the 5-6 per cent per annum interest rate from banks,” said Mr. Nguyen Minh Tan, a private investor from Hanoi in the five-star deluxe coastal resort.
He decided to choose the project because it is invested by a reputable owner, Eurowindow, and managed by Mövenpick Hotels & Resorts Group from Switzerland. “The value of these villas will rise because they are always maintained at five-star standard and there are limited opportunities to own a coastal villa,” he added.
Unlike other resort properties, owners who purchase Mövenpick Villas or Condotel Mövenpick can actively manage their property for profit purposes. It can be also used as a second home because owners are able to stay there for up to 180 days each year.
Most resort properties in Vietnam are operated by international management companies that don’t cover the residential section. Other resort properties can be purchased and owned by domestic developers who build and manage in accordance with their own standards. Buying a villa under the Mövenpick brand name, owners have the right to possess and sell a villa designed, built and managed according to five-star standards.
Besides the reputation of its management, Mövenpick Villas also has a prime location in the center of Bai Dai Beach, one of the most beautiful beaches in Vietnam, and is likely to reach 90 per cent occupancy during the peak season.
Owners commit to an 85 per cent profit share for subleasing and no less than 10 per cent per annum over ten years, which is the highest profit commitment in Vietnam’s resort property market.
Last but not least, customers can take a bank guarantee for VP Bank to ensure a minimum profit of 9 per cent per annum over ten years.
Mövenpick Villas is the only resort property in Vietnam offering such a bank guarantee policy. Furthermore, investors can borrow up to 70 per cent the value of a villa.
Mövenpick Resort Cam Ranh is five-star luxury resort designed by renowned architects blending both modern and traditional styles. The resort consists of 121 luxury villas, a 250-room five-star international hotel, and 96 apartments in the Condotel resort, which has entertainment services such as a Swiss village, a golf course, tennis courts, a beach club, restaurants and a children’s playground.
Beach resort properties are becoming a highly profitable investment channel. For investment consultancy please contact us on 0932 888 008 or visit www.villa.movenpickcamranh.com.