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Da Nang's property market is experiencing significant growth in 2025, with beachfront apartments averaging $2,500-$3,550 per square meter and central district land reaching up to $6,000 per square meter.
The city's coastal location, infrastructure development, and growing tourism sector make it an attractive destination for both property investors and those seeking coastal living in Vietnam.
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Da Nang property prices range from $1,200-$6,000 per square meter depending on location and type, with beachfront apartments commanding premium prices.
The market shows strong growth potential, especially in northwest districts and coastal areas, with mortgage financing available up to 80% loan-to-value ratios.
| Property Type | Price Range (per sqm) | Best Districts |
|---|---|---|
| Beachfront Apartments | $2,500-$3,550 | Hai Chau, Son Tra |
| Suburban Apartments | $1,200-$3,100 | Hoa Vang, Lien Chieu |
| Condotels | From $2,100 | Ngu Hanh Son, My Khe |
| Villas/Townhouses | $1,173 average | Son Tra, Northwest areas |
| Central Land | $1,600-$6,000 | Hai Chau CBD |
| Houses | $3,753 average | Various districts |
What are the current average property prices in Da Nang by different property types?
As of September 2025, Da Nang's property market shows distinct pricing tiers across different property types.
Beachfront apartments command the highest prices at $2,500-$3,550 per square meter, with prime luxury segments in Hai Chau district reaching the upper end of this range. These properties benefit from direct sea access and proximity to tourist attractions.
Suburban apartments offer more affordable options at $1,200-$3,100 per square meter, depending on location and amenities. The wide price range reflects the varying quality of developments and distance from the city center.
Condotels, which are aparthotel units popular with investors, start at $2,100 per square meter. These properties typically offer higher rental yields due to their hospitality licensing.
For standalone properties, houses have a median price of â‚«4.3 billion ($167,505) with an average price per square meter of â‚«96.24 million ($3,753). Townhouses are more accessible at â‚«3.91 billion ($152,568) median, averaging â‚«30.07 million ($1,173) per square meter.
How do property prices vary between Da Nang's main districts and neighborhoods?
Da Nang's property pricing follows a clear geographic pattern, with coastal and central areas commanding premium prices.
Hai Chau district, serving as the central business district, represents the most expensive area with prices reaching up to VND150 million per square meter (approximately $6,000 per square meter). This premium reflects its commercial importance, administrative functions, and limited available land for development.
Son Tra district, particularly around My Khe Beach, and Ngu Hanh Son district offer premium coastal living with prices ranging from $2,000-$3,200 per square meter for sea-facing or near-beach units. These areas benefit from established tourism infrastructure and scenic locations.
Suburban and outlying districts like Hoa Vang provide more affordable options at $1,200-$1,700 per square meter. These areas are experiencing growth due to new infrastructure projects and urban expansion.
Northwest Da Nang, including areas around Lien Chieu Port and industrial park zones, represents emerging growth hotspots with strong appreciation potential as infrastructure development continues.
What is the typical price per square meter for different property types and locations?
| Property Type | Price per sqm (USD) | Location Notes |
|---|---|---|
| Central District Land | $1,600-$6,000 | Higher end in Hai Chau CBD |
| Beachfront Apartments | $2,500-$3,550 | Premium coastal locations |
| Condos (Average) | $2,598-$3,753 | City-wide average range |
| Suburban Apartments | $1,200-$3,100 | Varies by amenities and location |
| Condotels | From $2,100 | Tourist-focused areas |
| Townhouses | $1,173 | Median city-wide price |
What are typical purchase prices for popular property sizes in Da Nang today?
Understanding actual purchase prices helps buyers plan their investment budgets effectively.
A typical 60-80 square meter condo in Da Nang costs between $156,000-$280,000, making it accessible for middle-class buyers and investors. These units are popular for both owner-occupation and rental investment.
Villas and townhouses, typically ranging from 180-300 square meters, command prices from $290,000-$600,000. The average villa price sits around $290,000, though luxury coastal properties can exceed this significantly.
Suburban apartments in the 45-65 square meter range offer entry-level opportunities at $54,000-$202,000, depending on location and building quality. These represent the most affordable path to Da Nang property ownership.
Land purchases in prime Hai Chau locations cost approximately $600,000 for a 100 square meter plot, reflecting the premium for development opportunities in the city center.
Beachfront apartments of 80 square meters typically cost $200,000-$284,000, positioning them as premium but achievable investments for serious buyers.
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What additional costs should property buyers expect beyond the purchase price?
Da Nang property purchases involve several additional costs that buyers must factor into their total investment.
Tax obligations include a 0.5% registration fee and 2% personal income tax typically paid by sellers but sometimes negotiated to buyers. These are standard across Vietnam's property market.
Legal and notary fees range from 0.5% to 1% of the property value, covering due diligence, contract preparation, and registration processes. These fees ensure proper legal transfer and documentation.
Agency fees vary from 1% to 2% of the purchase price, with payment responsibility depending on local practice and negotiation between buyer and seller. Premium properties may command higher commission rates.
Value-added tax (VAT) applies at 10% for new-build developments, significantly impacting the total cost for buyers of fresh projects. Resale properties typically don't incur VAT.
Additional expenses include land use fees for landed property purchases and specialized due diligence costs for foreign buyers navigating Vietnam's property ownership regulations.
How accessible are mortgages and what are typical lending conditions?
Da Nang's mortgage market offers reasonable financing options for qualified buyers in 2025.
Local banks typically provide loan-to-value ratios of 70-80%, meaning buyers need 20-30% down payment for property purchases. This financing coverage makes property ownership more accessible than full cash requirements.
Interest rates remain competitive at 5.2-5.6% fixed for the first three years, after which rates may adjust based on market conditions. These rates reflect Vietnam's relatively stable economic environment.
Loan terms extend up to 40 years, allowing buyers to spread payments over extended periods and reduce monthly obligations. Longer terms particularly benefit younger buyers building wealth over time.
Banks generally require local income proof, making mortgages more accessible for residents and citizens compared to foreign buyers. Some international banks offer specialized products for expatriate clients.
It's something we develop in our Vietnam property pack.
Which areas offer the best value and which are most expensive in Da Nang?
Da Nang's property market clearly segments into expensive, emerging, and budget-friendly zones.
The most expensive areas include Hai Chau's central business district, My Khe beachfront properties, and luxury towers in Son Tra and Ngu Hanh Son districts. These locations command premium prices due to established infrastructure, prime positioning, and limited supply.
Up-and-coming areas showing strong growth potential include northwest Da Nang around Lien Chieu and extended coastal zones in Son Tra and Ngu Hanh Son. These districts benefit from ongoing infrastructure development and urban expansion plans.
Budget-friendly options exist in suburban areas, particularly west and southwest locations like Hoa Vang district, and older apartment buildings in inland areas. These provide entry-level opportunities for first-time buyers and investors seeking affordable rental properties.
The northwest districts near new port facilities and industrial parks represent the best balance of affordability and growth potential, as major infrastructure projects enhance connectivity and development prospects.
How have Da Nang property prices changed over recent years?
Da Nang's property market has experienced substantial growth over both short and medium-term periods.
Compared to five years ago in 2020, apartment prices have increased from approximately $1,960 per square meter to current levels of $2,500-$3,550 per square meter. This represents growth of 25-80% depending on property type and specific location.
Year-over-year changes show continued momentum, with beachfront and central land prices rising 20% in 2025 alone. This rapid appreciation reflects strong demand and limited prime land availability.
Condos and townhouses have shown more moderate but steady growth of 7% in strong areas, with some segments of Ngu Hanh Son district recording exceptional 42.6% year-over-year increases in specific property categories.
The price trajectory demonstrates Da Nang's evolution from an emerging market to an established investment destination, with institutional and foreign buyer interest driving sustained appreciation across most property segments.
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What are the forecasts for Da Nang property prices over the next 1, 5, and 10 years?
Da Nang's property market outlook remains positive across all time horizons based on current trends and development plans.
The one-year outlook for 2025-2026 projects continued steady growth of 3-7% annually for apartments, with land in core areas potentially appreciating another 10-15% as major infrastructure projects reach completion.
The five-year outlook indicates a sustained upward trend, particularly in new urban areas, coastal developments, and northwest districts. The price gap between Da Nang and major cities like Ho Chi Minh City and Hanoi is expected to narrow while maintaining relative affordability.
Over the ten-year horizon, Da Nang is projected to remain a top coastal investment market in Vietnam. Major infrastructure developments including metro systems and expanded port facilities will further boost property values in emerging and well-connected districts.
Tourism recovery and continued economic development support long-term appreciation prospects, though buyers should expect some market cycles and varying growth rates across different property segments and locations.
What are the smartest property choices for different buyer goals in Da Nang?
Different investment objectives require distinct property strategies in Da Nang's diverse market.
For personal living, central districts like Hai Chau and coastal areas like Son Tra offer the best amenities, transportation access, and lifestyle benefits. These locations provide convenience and quality of life despite higher purchase prices.
Short-term rental investors should focus on beachfront apartments and condotels near main attractions, particularly in tourist-heavy areas. These properties typically generate rental yields of 3-4% while benefiting from Vietnam's growing tourism sector.
Long-term rental strategies work best with mid-priced condos and suburban townhouses that attract stable tenants while maintaining lower vacancy rates. These properties offer consistent income streams with moderate capital appreciation.
Capital growth focused buyers should target land in infrastructure growth zones, particularly northwest areas near new transit links, and early-stage coastal developments. These locations offer the highest appreciation potential over medium to long terms.
It's something we develop in our Vietnam property pack.
How does Da Nang's property market compare to other major Vietnamese and Southeast Asian cities?
Da Nang maintains competitive advantages compared to both domestic and regional property markets.
Within Vietnam, Da Nang remains more affordable than Hanoi and Ho Chi Minh City, though the price gap continues closing as the city develops. Rental yields in Da Nang average 3-4%, slightly higher than major Vietnamese cities, while transaction volumes are rising rapidly.
Compared to other Southeast Asian coastal cities, Da Nang offers more attractive entry prices than established markets like Bangkok beachfront areas or Kuala Lumpur's premium coastal zones.
Legal reforms supporting foreign investment and ongoing infrastructure development provide Da Nang with strong fundamental growth drivers compared to more mature regional markets.
The city's positioning as a secondary but rapidly growing market offers better value propositions for investors seeking exposure to Vietnam's economic growth while avoiding the premium pricing of primary cities.
What represent the best value opportunities for buyers in Da Nang today?
Several specific opportunities offer exceptional value for informed buyers in Da Nang's current market.
Early-stage projects in northwest districts provide ground-floor access to areas benefiting from major infrastructure development, offering both affordability and strong appreciation potential.
High-floor units in premium condotels and serviced apartments near the sea, especially those with flexible payment plans, combine investment income potential with capital growth prospects.
Older, well-located apartments in up-and-coming neighborhoods offer renovation opportunities for buyers willing to invest in improvements. These properties often sell below replacement cost in prime locations.
Land parcels in areas designated for future commercial or mixed-use development represent longer-term value plays for sophisticated investors with development capabilities or patience for rezoning appreciation.
Properties with existing rental tenants or management agreements provide immediate income streams while participating in the market's overall growth trajectory.
It's something we develop in our Vietnam property pack.
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 in 2025 demonstrates strong fundamentals with continued growth across most segments, particularly in coastal and infrastructure-connected areas.
While prices have appreciated significantly, the market still offers value compared to other major Southeast Asian coastal cities, with accessible financing and diverse investment opportunities for both lifestyle and investment buyers.
Sources
- BambooRoutes - Da Nang Price Forecasts
- BambooRoutes - Da Nang Real Estate Market
- Own Property Abroad - Vietnam House Prices Trends
- Central Vietnam Realty - Da Nang Market Report H1 2025
- BambooRoutes - Da Nang Real Estate Forecasts
- Global Property Guide - Vietnam Price History
- Vietnam Real Estate - Da Nang Properties
- Da Nang Villa Realty - Market Supply and Demand Q2 2025