A glimpse at houses in Vietnam

Vietnam, a country that seamlessly combines modernity and cultural lifestyle is a magnet for tourists and expats alike. While tourists come into the country to seek out its delicacies, and unique landscape and enjoy its pristine beaches, the expats come to take advantage of its budding economy and work. The common theme in these two groups is that they all want a place to stay in Vietnam.

Residences in Vietnam for foreigners come in different sizes and designs, made to fit either an individual staying alone or a large happy family so if you fit into any of the categories, you can check out houses in Vietnam for sale.

Houses in Vietnam even though the country retains its tradition are quite modern with facilities like pools, spas and restaurants within proximity. The houses have various numbers of rooms depending on the preference of the buyer and they can be extremely luxurious or modest and comfy leaving room for people to choose any one they want. These houses are also located in a wide range of areas be it vibrant and dynamic cities or slow-paced and serene towns. The houses may come completed and fully furnished or may be part of a new development with a set completion date.

Cost of houses in Vietnam

A source of worry for many people wanting to buy a house of their own is how much it'll cost which is understandable because buying a house is a big investment and many people spend most of their lives saving up for it. Although real estate in Vietnam is relatively affordable, just like anywhere, the cost of houses in Vietnam depends on quite a few factors such as:

Location: Villas situated in urban cities like Ho Chi Minh City and Hanoi cost more than houses in more serene and rural parts of Vietnam. This is because more economic activities take place in urban cities and there's a higher demand for houses there.
Number of rooms: It is only expected that the larger a house is, the more expensive it is going to be. Therefore if you are going for a house with more bedrooms, the cost will be a little high. Similarly, if you're buying a house with just one or two bedrooms then the cost will be less than the former.
Off-plan vs. ready property: A property that is still under development is known as an off-plan property while a completed one is a ready property. Investing in an off-plan property ahead of completion is cheaper than a ready property. However, if you want to move into your home immediately then a ready property would be more advisable.

However, for context; you can get a villa in The Manor Central Park at an average of $1.1 million, and the villas in The Solasta Mansion Complex under construction go for an average of $1.25 million. Some options come as cheap as $100,000 with the average cost being $6000 per square metre. Read more on the official website https://vietnam-real.estate/

How to buy a house in Vietnam

So you're ready to buy a villa and want to know how to go about it, here are some easy steps you can follow to become a proud owner of a home of your own in Vietnam:

Choose your location and the house you want to buy: When selecting a location, it is best to choose an area based on your needs. If you want to work in Vietnam and maybe need to commute a lot then cities like Ho Chi Minh may be for you. If however, you're looking for a vacation home, then the more remote parts of Vietnam would be perfect. To look for a house, you can simply use a real estate aggregator website where the listings are available for your viewing. Once you have your location and preferred house, move to the next step.
Connect with a real estate agent: If you use a good real estate aggregator website, you'll be able to connect with an agent immediately when you're ready to buy the house of your choosing. Ensure to ask your agent as many questions as you need if anything is unclear or even hire a lawyer before making any major moves.
Make a deposit and sign a purchase contract: Once you're satisfied with the property, you can go ahead to deposit the booking for the house. The amount to be deposited will be agreed on by both you and the seller. Once that is done, then it's time to sign a purchase contract that will dictate how the rest of the money will be paid as well as the obligation and rights of both the buyer and the seller.
Apply for certificate of real property ownership: Now that you are a homeowner in Vietnam, it's time to get the Pink Book which is the certificate of real property ownership for foreigners in Vietnam. Prepare your documents and proceed with the application.

Seize your chance to buy a house in Vietnam

While investing in real estate it is important to keep in mind that the value of properties keeps appreciating especially as demand for houses continues to rise. If you are an investor considering Vietnam as a place to invest, a tourist interested in having a vacation home in Vietnam or you're considering moving to Vietnam to work, buying a property in the country is inevitable. Therefore, it is advisable to make your decision and buy the house of your choice as soon as you can because the earlier you make your purchase, the higher your chance of buying at a lower rate than the house would cost in the near future. Gather all the information you need to soothe your fears about buying a house in a foreign country and seize the opportunity to buy a house in Vietnam.

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