Point out investors 'catching the wave' of potential land

After the Prime Minister chaired the Conference on removing obstacles and promoting the safe, healthy and sustainable development of the real estate market on February 17, the real estate market has had clear changes. In fact, the number of investors starting to pay attention to the real estate market is gradually increasing. Most clearly, in many areas, many investors are collecting good, cheap goods in projects that have completed legal procedures, at the same time, there is also a new wave of investors starting to look for new sources of goods to get ahead of the recovery.

Vinh City will soon expand further towards Cua Lo Town to match the development orientation of Nghe An Province. Photo: Document

Observing the market, we can see a wave of investors focusing on the North Central region, in which Nghe An is the most "promising" name in the market. According to investors, the Nghe An market, especially Cua Lo town, will be similar to Bai Chay in Quang Ninh 5 years ago when similar factors of forest and sea terrain are favorable for tourism development, sustainable economic development associated with industrial and export processing zones.

In fact, after the project to deploy the coastal road and upgrade infrastructure, traffic is a strong acceleration phase of real estate in Quang Ninh province. For Cua Lo town, the development speed of the real estate market is predicted to be faster, in just about 3 years because the infrastructure planning has been gradually completed such as: Vinh - Cua Lo Boulevard, 72m wide, connecting Vinh city center with Cua Lo town, has completed phase 1 and is expected to complete phase 2 in 2026; the planning of Cua Lo merging with Vinh city is expected to be focused on in 2030; the expansion of Binh Minh coastal road and urban renovation - construction of service works along Cua Lo beach are being implemented, expected to be completed in 2026. This is the opportunity to take the lead in the new price increase of the Cua Lo real estate market.

Tourists flock to Cua Lo to participate in the 2022 Hot Air Balloon Festival.

Along with the transport infrastructure, Cua Lo - Vinh is also becoming the most attractive destination when the Hot Air Balloon Festival in Cua Lo has created a "full room" situation in 2022 here. Besides, Cua Lo also attracts millions of domestic and foreign tourists with many festivals and rich cultural and sports activities taking place all year round: Music festival, seafood culinary experience, cycling race, Cau Ngu Festival, ... This is an opportunity for investors to take advantage of the potential of tourism business and rental exploitation in the coming time.

The changes in Cua Lo land have been pushing this “fertile” land to exploit its inherent potential. Commenting on this market, in the report of the Vietnam Real Estate Brokers Association, Mr. Nguyen Van Dinh - Chairman of this Association said:“Nghe An is a developing province that offers many real estate investment opportunities with great potential, unlike saturated markets such as Phu Quoc, Ha Long, Nha Trang, Da Nang… where the real estate price increase has slowed down.”

“Nghe An currently has a large land fund, easy to clear the site. In addition, Nghe An has implemented plans for economic zones, industrial parks and urban spaces, contributing to boosting housing demand. In the context of the mid- and high-end real estate market in Nghe An is still in its early stages, supply is still limited, while people's income is gradually increasing.”, Mr. Dinh emphasized.

Aqua Pearl City - a model coastal urban area in Cua Lo Town. Project perspective image

Practical observations show that, among the limited supply in the Vinh - Cua Lo market, Aqua Pearl City is almost the only project with long-term ownership, with red books for each lot, and completed and existing infrastructure. In particular, the project is located in the most beautiful location of the new central planning area of ​​Cua Lo coastal urban area with 2 fronts on major roads: Vinh - Cua Lo Boulevard 72m wide and Binh Minh coastal road.

In addition, Aqua Pearl City is also the center of the area where high-class tourism, entertainment and recreation facilities are being formed such as: New Binh Minh Sea Square, Cua Lo Golf Course, Vinpearl Cua Hoi, Hon Ngu cable car, etc.

Aqua Pearl Cityis one of the key projects that the local government is interested in, creating conditions for development to become a model coastal city of Cua Lo.