Nghe An investors 'unexpectedly met' in the 'promised land' of Quang Binh

From the similarity with the "golden city" Da Nang

More than 10 years ago, from a poor coastal fishing village, Da Nang surprised everyone with its spectacular changes and "dragon transformation", becoming one of the largest and most vibrant real estate markets in the country next to Hanoi, Ho Chi Minh City...

Da Nang is a city with "desirable" real estate development speed in the whole country.

Sharing the same coordinates on the Central coastal strip, Quang Binh is a name that is being interested in because of the similarity with Da Nang real estate 10 years ago. Experts assess that Quang Binh possesses similar advantages to the "golden city" such as a 116.04 km long coastline with many beautiful beaches, endless tourism potential to the gateway position connecting domestic and foreign trade.

If Da Nang has Nui Chua (Ba Na Hills), Ngu Hanh Son, Hai Van Pass, Hoi An Ancient Town, Son Tra Peninsula... as special highlights attracting domestic and foreign tourists, Quang Binh is also known as a locality with the leading advantages and potential for tourism development in Vietnam, voted by the New York Times as the world's top attractive destination. Typical examples are the world natural heritage Phong Nha - Ke Bang, Son Doong - the world's largest cave, Khe Ry cave with the world's longest underground river, Thien Duong cave - the longest dry cave in Asia, a series of beaches on the Bao Ninh peninsula with intact potential...

Quang Binh has just been voted by the US AFAR Travel Magazine as one of 39 destinations worth experiencing in 2022.

In particular, the rapid change of traffic infrastructure with a series of trillion-dollar projects also helps Quang Binh attract many real estate "giants" with large-scale projects, bringing the real estate market to sublimation, similar to the scenario that happened in Da Nang.

About 500 km south of Hanoi, Quang Binh owns a central location on transnational routes, National Highway 1A, Ho Chi Minh Road, and the North-South railway. In 2020 alone, many traffic projects were built and upgraded by the province, such as the National Highway 12A renovation project; the National Highway 9B construction and upgrade project, the North-South expressway section from Ninh Binh to Quang Binh, expected to be completed by the end of 2022...

Thanks to significant changes in transport and urban infrastructure, Quang Binh has become one of the Central provinces attracting a large amount of investment capital. In 2020, the province had 23 foreign direct investment (FDI) projects granted Investment Certificates with a total registered investment capital of 783.512 million USD (18,034 billion VND). In particular, the results of the Quang Binh Investment Promotion Conference in 2021 showed successful steps in the investment attraction journey with: 15 projects of 12 investors were granted Investment Registration Certificates with a total capital of up to 71,151 billion VND; 22 projects of 17 investors were also awarded Memorandum of Cooperation Agreements.

To the "meeting place" of Nghe An investors

The dense density of traffic works, the rapid disbursement of public investment capital, the economic recovery and development combined with investment attraction policies, creating a favorable business environment... have made investors and real estate developers have high expectations for future investment performance in the Quang Binh real estate market.

In particular, the special similarities in location and convenient inter-regional connectivity with Nghe An have helped Quang Binh attract a large number of investors from Nghe An. Located on the same strip of land in the Central region, from Vinh City (Nghe An) to Dong Hoi (Quang Binh) is about 201km and can be quickly traveled by road via National Highway 1A or by air.

It is estimated that about 40% of real estate transactions in the "promised land" of Quang Binh in 2021 were carried out by Nghe An investors.

Returning from the launching event of the international utility complex at the Regal Legend Quang Binh project (Dong Hoi City, Quang Binh), Mr. Huu Trung (Vinh City, Nghe An) shared: “Having been interested in the Quang Binh market for a long time, when there was information about the first 5-star resort project here, my investment group immediately joined to learn and felt very impressed. Especially after the event, I realized that Nghe An investors are very interested in Quang Binh and many of the customers I know who have ordered Regal Legend Quang Binh products are from Nghe An”.

It is known that the Regal Legend Quang Binh international tourism urban project is the first 5-star resort project in Quang Binh, creating a wave of investment pouring into the new "tourist paradise" of the Central region. The project owns a diamond position on Bao Ninh peninsula, the frontage of Vo Nguyen Giap street leading straight to the sea with a scale of 21 hectares with a total investment of more than 10,000 billion VND, gathering 15,000 residents and hundreds of thousands of domestic and foreign tourists coming here to rest, shop and entertain.

The opening event of the utility complex at the "new international destination" Regal Legend Quang Binh attracted many customers from Nghe An and Ha Tinh.

The project owns a variety of real estate types suitable for many customers such as 5 towers of 30-39 floors fully designed with shopping malls, 5-star Novotel hotel, apartments; Low-rise area has a row of boutique hotels, boutique villas, lakeside villas...

In particular, the newly opened international utility complex at Regal Legend Quang Binh has truly brought a "new breeze" to the "kingdom of caves". Visitors to Quang Binh will now have new experiences at the commercial center (Regal Mall), gym, cuisine (Regal Food) and the vibrant Beer Hub entertainment complex, Regal Beach right on Bao Ninh beach with cultural festivals, art performances with a strong tropical imprint, bringing a series of happy and complete experiences of 5-star resort standards.

With many favorable factors, experts predict that Quang Binh real estate will explode and develop sustainably in the coming time, and Regal Legend Quang Binh will certainly be an "unmissable meeting place" for astute Nghe An investors.