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Da Nang's property market offers diverse pricing across apartments, houses, and land, with central areas commanding $2,500-$3,550 per m² while suburban locations start from $1,200 per m².
The city's real estate landscape ranges from budget-friendly townhouses at $1,173 per m² to premium street-front land reaching $6,600 per m², making it essential to understand location-specific pricing for informed investment decisions.
If you want to go deeper, you can check our pack of documents related to the real estate market in Vietnam, based on reliable facts and data, not opinions or rumors.
Da Nang property prices vary significantly by type and location, with apartments averaging $2,500-$3,550/m² in central areas and land reaching up to $6,600/m² in prime locations.
The market has experienced 25-80% growth in recent years, with suburban areas offering better value for investment while central districts command premium pricing.
| Property Type | Average Price per m² | Location Notes |
|---|---|---|
| Central Apartments | $2,500 - $3,550 | Beachfront and city center |
| Suburban Apartments | $1,200 - $3,100 | Ngu Hanh Son, My An areas |
| Houses (Median) | $3,753 | City-wide average |
| Townhouses | $1,173 | Peripheral areas |
| Prime Land | $4,957 - $6,600 | Street-front, core areas |
| Central District Land | $1,760 - $1,877 | Standard central locations |
How much does the price per square meter vary between apartments, houses, and land in Da Nang?
Da Nang's property market shows significant price variations across different property types, with land commanding the highest premiums in prime locations.
Apartments in Da Nang range from $1,200 per m² in suburban areas to $3,550 per m² for beachfront and central locations. The average for condos sits at approximately $2,598 per m² (₫66.6M), making apartments the most accessible entry point for many buyers.
Houses command a median price of $3,753 per m² (₫96.24M), representing a significant premium over apartments. This higher pricing reflects the land component and the typically larger living spaces that houses provide compared to apartment units.
Townhouses offer a middle ground at $1,173 per m² (₫30.07M), making them an attractive option for buyers seeking more space than apartments but at lower costs than standalone houses.
Land represents the highest price category, with central district land averaging $1,760-$1,877 per m² (₫45-48M), while prime street-front land in core areas can reach $4,957-$6,600 per m² (₫130-173M).
Which neighborhoods or districts in Da Nang have the highest average price per m², and which are the most budget-friendly?
Hai Chau district commands the highest property prices in Da Nang, with prices reaching up to $6,000 per m² (₫150M) due to its position as the city's commercial and administrative center.
Son Tra and Ngu Hanh Son districts follow as premium areas, with prices ranging from $2,000-$3,200 per m² (₫50-80M). These waterfront and tourist-focused areas benefit from their coastal location and established infrastructure that attracts both locals and foreign buyers.
My An and An Thuong neighborhoods offer more moderate pricing at $1,200-$3,100 per m² for apartments, making them popular among expats and digital nomads seeking quieter residential environments while maintaining access to amenities.
The most budget-friendly options are found in suburban areas like Hoa Son and Hoa Ninh, where prices start at $1,200 per m². These emerging neighborhoods are experiencing moderate price rises as the city expands and infrastructure improves.
It's something we develop in our Vietnam property pack.
What is the current average price per m² in central areas versus suburban or upcoming areas of Da Nang?
Central Da Nang areas, particularly Hai Chau and the city core, maintain premium pricing with apartments ranging from $2,500-$3,550 per m² and land values up to $6,000 per m².
Suburban and coastal areas like Ngu Hanh Son offer more accessible pricing at $1,200-$3,100 per m², representing approximately 50-60% of central area prices while still providing good amenities and growth potential.
Upcoming areas in the north and west of Da Nang often price below $1,500 per m², though these areas are experiencing rising values as new infrastructure projects develop and the city expands outward.
The price differential between central and suburban areas reflects accessibility to employment centers, established amenities, and transportation infrastructure, with suburban areas increasingly popular for both residential living and investment purposes.
As of September 2025, the trend shows suburban areas closing the gap with central pricing as demand spreads beyond the traditional city center.
How do total purchase costs—including fees, taxes, and other charges—affect the effective price per m²?
The headline price per m² represents only the base cost, with additional fees and taxes significantly impacting your total investment.
| Cost Component | Percentage | Description |
|---|---|---|
| VAT | 5-10% | 5% for social housing, 10% for commercial housing |
| Registration Fee | 0.5% | Based on property value |
| Transfer Tax | 2% | Generally applicable |
| Maintenance/Service | 2% | One-off fee for condos |
| Legal/Notary Fees | 0.05-1% | Professional service costs |
| Total Additional Costs | 4-12% | Combined impact on effective price |
These additional costs can add 4-12% to your purchase price, meaning a property advertised at $2,500 per m² could effectively cost $2,600-$2,800 per m² once all fees are included.
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What financing costs (mortgage interest, loan terms) should be factored into the per m² cost when buying property today?
As of September 2025, Vietnamese mortgage interest rates significantly impact the true cost of property ownership beyond the purchase price per m².
Current interest rates for 3-year fixed mortgages range from 5.75% to 6.7% annually, while longer-term loans of 20-25 years can reach up to 7.9% annually. These rates directly affect your monthly payment per m² of property owned.
Loan terms extend up to 25 years with loan-to-value ratios potentially reaching 100% for Vietnamese citizens, though foreigners face significant challenges obtaining local mortgages without legal residency and strong local banking relationships.
For a property at $2,500 per m², a 6.5% annual mortgage rate over 20 years would add approximately $195 per m² annually in interest costs during the early years of the loan.
Foreign buyers typically rely on cash purchases or overseas financing, which may involve different interest rates and currency risks that should be factored into the effective cost per m².
What are typical purchase prices per m² right now for properties targeted at living in versus renting out?
Owner-occupiers typically focus on mid-to-upper tier areas with higher price per m² but better lifestyle amenities, often targeting central or sea view properties despite premium pricing.
Investment-focused buyers often seek properties in the $1,200-$2,000 per m² range in areas like Ngu Hanh Son and suburban locations, prioritizing rental yield potential over lifestyle factors.
Properties targeted for rental investment typically achieve gross yields of 3-5.7% in prime areas, with some lower-priced locations and short-term rental markets reaching up to 7% gross yields.
The sweet spot for rental investment appears to be properties under $2,600 per m², where purchase prices allow for competitive rental rates while maintaining positive cash flow for investors.
As of September 2025, the divergence between owner-occupier and investor pricing preferences creates distinct market segments with different price sensitivities per m².
If you plan to rent out a property short-term, what price-per-m² ranges make sense, compared to long-term rentals?
Short-term rental properties in Da Nang perform optimally when purchased at $1,200-$3,100 per m², allowing for competitive daily rates while maintaining profitability.
The average short-term rental achieves 61% occupancy with an average daily rate of $42, generating approximately $9,000 annually for a typical 2-bedroom unit, making properties under $2,500 per m² most viable for this strategy.
Long-term rentals show steady gross yields of 3-5.7% and work best with properties in the $2,000-$2,600 per m² range, providing consistent returns without the occupancy fluctuations of short-term rentals.
Short-term rental properties in central or tourist zones command higher rents per m² but face seasonal occupancy variations that can impact annual returns compared to long-term rental stability.
It's something we develop in our Vietnam property pack.
For buy-to-resell later, what current per-m² price bands show the best potential for future resale gains?
Suburban and emerging districts, particularly Ngu Hanh Son at $1,200-$3,100 per m², offer the strongest potential for capital appreciation as these areas "catch up" to central pricing levels.
Northwest development zones present opportunities for buyers willing to purchase below $2,000 per m², as new infrastructure projects and urban expansion drive future value increases.
Properties in the $1,500-$2,500 per m² range in well-connected emerging suburbs provide the optimal balance between current affordability and future appreciation potential.
Central area properties, while commanding premium prices, may see slower future gains due to already elevated pricing, though they maintain strong liquidity and prestige for select luxury and beachfront segments.
The key for resale appreciation lies in identifying areas where current pricing per m² has not yet reflected planned infrastructure improvements or zoning changes that will drive future demand.
Can you provide examples of actual recent purchase prices per m² to illustrate the low, mid, and high ends?
| Property Example | Area/District | Price per m² |
|---|---|---|
| Suburban Townhouse | Periphery/Suburb | $1,173 (₫30.07M) |
| Suburban Condo | Ngu Hanh Son | $1,345-$2,000 |
| 2BR Beachfront Apartment | Central/Coast | $2,500 |
| Luxury High-rise Apartment | Hai Chau/Son Tra | $3,550+ |
| Median House | Da Nang City-wide | $3,753 (₫96.24M) |
| Prime Street-front Land | Core City | $4,957-$6,600 (₫130-173M) |
These examples demonstrate the wide pricing spectrum available in Da Nang's property market, from affordable suburban options to premium central locations.
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How have average per-m² prices changed compared to five years ago and one year ago?
Da Nang has experienced dramatic price appreciation, with apartments rising from $1,960 per m² in 2023 to $2,500-$3,550 per m² in 2025, representing growth of 25-80% depending on the specific segment and location.
Land prices have shown particularly strong performance, with some areas experiencing 20% growth in 2025 alone, reflecting increased demand and limited supply in prime locations.
The period from 2023 to 2025 marked rapid appreciation across all property types, driven by increased foreign investment, tourism recovery, and infrastructure development throughout the city.
Five-year growth patterns show even more dramatic increases, with many central areas doubling in value as Da Nang established itself as a major Vietnamese investment destination.
The trend indicates a maturing market where future growth rates are expected to moderate from the exceptional levels seen in recent years.
What do forecasts show for average price per m² over the next 1 year, 5 years, and 10 years?
The next 1 year through mid-2026 is forecast to show moderated growth of 3-5% increase, particularly in central and premium areas as the market stabilizes after recent rapid appreciation.
Five-year forecasts suggest continued gains with outlying and infrastructure-linked areas likely to outperform if Da Nang maintains its investment in city development and attracts continued foreign interest.
Ten-year projections remain positive if Da Nang sustains its position as a top tourism, technology, and cultural hub, though market dynamics may create "tiering" where the most expensive neighborhoods plateau while emerging areas catch up.
Infrastructure projects, including transportation improvements and new development zones, are expected to drive price appreciation in currently undervalued areas over the medium to long term.
It's something we develop in our Vietnam property pack.
How does Da Nang's average price per m² compare with similar Vietnamese cities or regional peers right now?
Da Nang's pricing remains below Vietnam's top-tier cities, with Hanoi apartments averaging $2,865 per m² in Q1 2025 (up 29.6% year-over-year) and Ho Chi Minh City maintaining even higher overall pricing.
Compared to similar coastal cities, Da Nang shows competitive pricing with Nha Trang and nearby areas like Hoi An typically ranging from $1,200-$2,200 per m² for new developments, though these markets are rapidly catching up to Da Nang levels.
Regionally, Da Nang offers more affordable pricing than top-tier Asian markets while providing similar lifestyle benefits and investment potential, making it increasingly attractive to foreign buyers seeking value.
The city's price per m² positioning reflects its growing status as a secondary market with primary market amenities, offering a sweet spot for both lifestyle and investment purposes.
As of September 2025, Da Nang is closing the gap with Hanoi and Ho Chi Minh City, especially in prime coastal and central locations, while maintaining its competitive advantage for foreign investors.
Conclusion
This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.
Da Nang's property market offers compelling opportunities across various price segments, from affordable suburban townhouses to premium central apartments.
Understanding the full cost structure, including taxes and fees that add 4-12% to purchase prices, is essential for accurate investment planning and realistic price per m² expectations.
Sources
- BambooRoutes - Da Nang Price Forecasts
- BambooRoutes - Da Nang Real Estate Market
- Own Property Abroad - Vietnam House Prices Trends
- BambooRoutes - Da Nang Real Estate Forecasts
- BambooRoutes - Da Nang Property
- The Investor - Da Nang Land Prices Hit New Highs
- Global Property Guide - Vietnam Buying Guide
- Airbtics - Annual Airbnb Revenue in Da Nang