Nghe An resort real estate faces the opportunity to reach international level

Lack of beach resort real estate model

As the largest province in the country, famous for many beautiful beaches in the North Central region, experts assess that urban and real estate in Nghe An still have a lot of development potential.

Before 2020, most real estate projects in Nghe An were small-scale, sold quickly, and had little inventory. In terms of segment, land or pre-built houses were dominating, while local resort real estate lacked a large supply.

Some existing resort products are mainly concentrated in Cua Lo area such as: Golden Pearl or Vinpearl Cua Hoi, Muong Thanh Dien Lam... Besides Vinpearl Cua Hoi, other projects have not been implemented yet. The high-end resort segment is therefore completely absent, especially after FLC's 460-hectare project in Nghi Loc district was revoked.

From 2020 to now, Nghe An real estate market has witnessed positive changes with the appearance of prestigious investors such as Mipec, Vingroup, Tan A Dai Thanh, Ecopark... helping this market become more and more vibrant, attracting investment cash flows.

The strong attraction of Nghe An real estate market is also fueled by policies to restore, boost the economy, and develop transport infrastructure. In 2022, Nghe An strives to achieve a 100% disbursement rate of public investment capital, with a scale of hundreds of thousands of billions of VND. The locality also sets a target of 8.5 - 9.5% growth in the province's gross domestic product in 2022, continuing to be in the top 10 nationwide. This will be a big "springboard" for real estate prices to continue to grow rapidly.

Modern and synchronous infrastructure is the foundation for Nghe An real estate to flourish. Photo courtesy of Nghe An Newspaper.

With nearly 100 trillion VND poured into infrastructure, deep-water ports, and airports in 2022, real estate promises to have many more large-scale projects, leading the development trend.

Possessing majestic and diverse nature, suitable for developing unique forms of eco-tourism and resorts.

Con Cuong landscape - Nghe An. Photo: Nghe An Investment, Trade and Tourism Promotion Center.

Nghe An's aspiration to reach out on the international resort map

Faced with the growth of Nghe An tourism in recent years, the demand for accommodation has increased significantly. Thanks to that, the appearance of Nghe An real estate has improved, however, it also requires the market to diversify product types to meet the diverse and increasingly demanding needs of domestic and international tourists.

In the orientation of making Vinh become the economic center of North Central Vietnam by 2030, with a vision to 2050, Vinh City will be expanded to double its area, equivalent to 181 km²with the merger of the entire Cua Lo town and 6 communes of Nghi Loc district. This brings many positive socio-economic impacts, especially attracting high-quality labor and experts. The expanded city area includes beautiful beaches that have developed bustling tourism, some areas have high resort value because they still retain their wild nature and are separate from the rest of the bustling urban area.

Nghe An's charming landscape with diverse terrain of mountains, seas, and forests attracts tourism and investment. Photo: Internet

In addition, the strength of Nghe An tourism also comes from the hidden beauty of unique indigenous culture, which is a distinct competitive advantage compared to developed resort markets. This is especially necessary when Nghe An aims to make tourism a key economic sector before 2030, gradually becoming a new attractive destination on the Vietnam tourism map.

Health tourism trend is booming in the world

Photo Internet.

The post-Covid-19 world has witnessed the strong growth of wellness tourism. This market niche is considered to have great potential due to the sustainable humanistic values ​​that the healthcare model brings.

“Catching the wave” of the resort trend that is very popular in the world, investor Tan A Dai Thanh pioneered the establishment of an international standard resort complex in Nghe An. Thanks to the natural conditions that are very suitable for regeneration and health care, the Bai Lu beach area was chosen by this giant as a springboard to develop a completely new model of well-being+ - an upgraded form of wellness.

Wellness is simply known as the touches, the single actions to bring health to the body - mind - spirit. Well-being focuses on orienting people to blend with nature, combined with the quintessence of international 5-star quality services, creating a valuable experience journey for customers, helping them reach a state of balance, satisfaction with life and complete happiness from within.

A real estate expert said that Nghe An market is lacking in the high-end resort real estate segment, so this move by Tan A Dai Thanh really brings a new wind to the face of the province's real estate. This model is still quite unfamiliar to local people but has a great impact on attracting high-end international tourists who love to experience. That attraction will help prolong the length of stay of tourists, creating a driving force for Nghe An tourism to turn a new page, targeting the "willing to spend" middle-class and upper-class domestic and international tourists.