Economy

New real estate supply appears right in the 'old town' area of ​​Cua Lo beach

PV DNUM_DBZAFZCACE 10:18

With signs of recovery in the market, investors are looking for opportunities to “buy the bottom” in real estate. Accordingly, new destinations with much room for development, “gold mines” such as Cua Lo are becoming the “center” of opportunities for sure-win profits that many investors are looking for.

Cua Lo, "potential golden land" welcomes strong growth momentum

As the first coastal city in Vietnam, Cua Lo is gradually growing to become the new center of Vinh city with high-class resort and entertainment complexes. According to experts, in the near future, Cua Lo will become a "coastal city" and a new growth pole of the region when it has a solid foundation and converges many impulses, creating a strong momentum in the future.

Cua Lo's aspiration to grow is materialized by prioritizing strong investment in technical infrastructure, transportation, public utilities, and projects implementing urban development strategies...

According to the leader of Cua Lo town: Never before has Cua Lo urban infrastructure been invested so strongly as in the past 2 years, when a series of trillion-dong infrastructure projects have been continuously built and completed. Typically, the Cua Hoi bridge project has been completed and opened, connecting Cua Lo with Nghi Xuan (Ha Tinh) and connecting to the coastal national highway.

Along with that, the important traffic project Vinh - Cua Lo Boulevard with a total investment of 1,411 billion VND has opened the entire route, not only helping to shorten the travel time from Vinh City to Cua Lo but also forming a vibrant growth axis with the planning of commercial centers, entertainment complexes and high-rise buildings on both sides; creating a new and modern urban space.

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Along with investment in infrastructure, Cua Lo is taking off, opening up opportunities for investors. Photo: Nghe An Provincial Institute of Planning and Architecture

In particular, the Hanoi - Vinh expressway project opened on April 30, helping to shorten the travel time from Hanoi to Cua Lo to 3 hours and 30 minutes, creating convenience and motivation to attract tourists to the coastal tourist city.

The Nghi Son - Cua Lo coastal road project is expected to be completed in the third quarter of 2024. The Binh Minh road expansion project to the East is also being focused on and is expected to be completed in the next 1 year.

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Cua Lo has become an attractive destination attracting millions of tourists each year, contributing to promoting local economic growth. Photo: Nguyen Sach

2024 is considered the year Cua Lo "breaks through" to enter the opportunity and has a steady transformation on the path of innovation and development with many synchronous large-scale projects and works being deployed and put into use such as: Vinpearl Cua Hoi and cable car to Ngu Island, Nguyen Hue night street... as a driving force for socio-economic development, especially the spearhead tourism industry in the area.

The "transformation" of Cua Lo land has promoted the exploitation of its inherent potential in this "fertile" land. This is the opportunity to take the lead in the new development of the Cua Lo real estate market, a "unique" opportunity for investors to hunt for the "last wave".

New target to welcome recovery for investors

With a land fund along 3,260 km of coastline accounting for less than 0.1% of the area, it is clear that coastal land is expected to be scarce and has a special appeal to investors. Products formed on coastal urban land funds will become invaluable when the journey to become a "coastal city" of Cua Lo will promote the development of urban infrastructure, attract tourists, creating a huge demand for the market. The large demand will establish the throne and the upper hand in attracting investment cash flow in Cua Lo real estate.

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Mr. Nguyen Van Dinh - Vice President of Vietnam Real Estate Brokers Association commented on the strong transformation of Cua Lo real estate market.

Among the limited supply in the Cua Lo market, Xo Viet Green City is a rare “pure gold” because of its long-term investment guarantee. The appeal of the product is not simply that it is formed on a limited urban land fund, with long-term ownership, but also comes from other profound implications.

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With many unique advantages in the market, Xo Viet Green City promises to be the focus of attracting customers and investors, causing the market to explode in the near future.

Xo Viet Green City is located in the center of Cua Lo "old town", a bustling business, entertainment and tourism street, enjoying all the planning values ​​and traffic infrastructure of the town. The project owns a rare "diamond" coordinate with 3 large roads up to 36m, 40m and 52m wide, embracing the project; only 500m from Cua Lo beach, enjoying the airy space to welcome the wind and poetic natural scenery, easy access to the main roads and key entertainment and administrative works of Cua Lo and Vinh city.

With its prime location, Xo Viet Green City will be an ideal pick-up point, an interesting stopover on your vacation in Cua Lo. Xo Viet Green City not only offers a classy beach resort space, but is also expected to create momentum to help the Cua Lo real estate market have a strong start to welcome the new development cycle of the real estate market./.

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New real estate supply appears right in the 'old town' area of ​​Cua Lo beach
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