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Quang Ninh's rental yields currently range from 3% to 3.5%, making it one of Vietnam's most attractive property investment destinations as of September 2025.
The province benefits from booming tourism, massive infrastructure development, and property prices that have surged 50-70% over the past five years. Short-term rentals in tourism hotspots like Bai Chay and Hon Gai can achieve yields exceeding 4%, while long-term apartments provide stable returns around 3%. Premium villas in coastal areas command monthly rents of $3,000+ but typically yield 2.5-3.5%.
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Quang Ninh's rental market offers 3-3.5% yields, with short-term rentals in tourism areas achieving higher returns but more volatility.
Property prices range from $1,200-$1,800/m² for standard apartments to $2,800/m² for premium coastal developments, with rental prices spanning $600-$3,300+ monthly.
| Property Type | Average Rental Yield | Monthly Rent Range |
|---|---|---|
| Standard Apartments | 3% | $600-$1,000 |
| Townhouses | 3-4% | $1,000-$1,600 |
| Luxury Villas | 2.5-3.5% | $3,300+ |
| Short-term Rentals | 3.5-4%+ | $264-$744 (seasonal) |
| Premium Condos | 3-3.5% | $800-$1,200 |
How much do properties typically cost in Quang Ninh today, including all fees and taxes?
Property prices in Quang Ninh range from 30-45 million VND per square meter ($1,200-$1,800/m²) for standard apartments as of September 2025.
Premium properties in Ha Long and Van Don command 50-70 million VND per square meter ($2,000-$2,800/m²). These high-end developments concentrate in new urban districts and resort beachfronts, particularly within the Van Don Economic Zone where infrastructure development has accelerated dramatically.
Land and villas in prime tourism and coastal areas typically match or exceed premium apartment price ranges. The Van Don Economic Zone has become especially attractive for luxury villa developments, with some properties reaching the upper end of the premium price spectrum.
Additional costs include transfer taxes, land use fees, rental fees, and compensation costs, which have escalated alongside rising land values. Mortgage rates currently sit at 8-10% annually for local borrowers, with slightly higher rates at private banking institutions.
Property prices have surged 50-70% over the past five years (2019-2024), significantly outpacing Vietnam's national average appreciation rate.
What is the average rental price for apartments, houses, and villas in the main areas of Quang Ninh?
Apartments in Ha Long center and tourism areas typically rent for 15-25 million VND monthly ($600-$1,000), representing the most accessible rental segment in Quang Ninh's market.
Luxury villas in coastal areas, resort zones, Bai Chay, and Hon Gai command median rents around $3,262 monthly. Prime villas with full amenities designed for foreign tenants can exceed 85 million VND monthly ($3,300+), particularly those offering resort-style amenities and beachfront access.
Houses and townhouses occupy the middle rental tier, with mid-range properties commanding 25-40 million VND monthly ($1,000-$1,600). The rental price varies significantly based on property size, location proximity to tourism centers, and included amenities.
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Rental prices have increased substantially alongside tourism recovery, accelerating from 2023-2024 as Quang Ninh welcomed 15.5 million visitors and tourism revenue jumped 38%.
How do rental yields differ by property type such as condos, townhouses, or luxury villas?
Rental yields in Quang Ninh vary significantly by property type, with overall gross yields ranging from 3-3.5% across the province as of September 2025.
Condos and apartments deliver slightly lower yields, averaging 3% in central Quang Ninh areas. These properties appeal to long-term tenants and provide more stable occupancy rates, though with modest yield premiums.
Townhouses generate moderate yields between 3-4%, positioning them as a middle ground between apartment stability and villa luxury. These properties often attract families and business professionals seeking more space than apartments provide.
Luxury villas in premium locations typically yield 2.5-3.5%, with the best returns concentrated in Bai Chay and Hon Gai districts. While yields may appear lower, the absolute rental income from luxury villas significantly exceeds other property types.
Short-term rentals can achieve higher yields, especially in peak tourism regions, though seasonal volatility affects annual returns. Tourism-focused areas may achieve yields above the provincial average during peak seasons.
Which neighborhoods or districts in Quang Ninh currently offer the best rental returns?
Bai Chay leads Quang Ninh's rental return rankings as the province's primary tourism hub, delivering the highest yields for vacation properties throughout 2025.
Hon Gai provides strong returns for both long-term and short-term rental strategies, attracting expatriate families and high-net-worth tenants seeking premium accommodations. The district's popularity with foreign residents creates steady demand for quality rental properties.
Van Don represents the fastest-growing investment opportunity, offering prime yields for resort properties and condotels. The economic zone's rapid infrastructure development and increasing tourist accessibility position it for continued rental growth.
Ha Long City Center attracts investors seeking stable returns from apartments and mixed-use properties. The area appeals to both families and business travelers, providing consistent occupancy throughout the year.
These districts benefit from booming infrastructure development, entertainment facilities, and strategic positioning within Quang Ninh's tourism ecosystem, creating sustained rental demand across property types.
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How do rental yields change depending on property size or surface area?
Rental yields in Quang Ninh tend to be higher for small to mid-sized apartments, particularly 1-2 bedroom units that represent the highest demand segment among tourists and local residents.
Compact apartments generate superior yields per square meter because they attract the broadest tenant pool, including young professionals, couples, and tourists seeking affordable accommodations in prime locations.
Medium-sized properties (2-3 bedrooms) maintain competitive yields while offering higher absolute rental income, appealing to families and longer-term tenants who prioritize space and comfort.
Larger villas may demonstrate lower yields per square meter but generate significantly higher total rental income, especially for luxury short-term rentals and corporate housing arrangements. These properties command premium rents from affluent tenants willing to pay for space and amenities.
Properties exceeding 200 square meters often target niche markets, including executive housing and luxury vacation rentals, where yield optimization focuses on maximizing absolute income rather than percentage returns.
What are the typical vacancy rates in Quang Ninh, broken down by property type and location?
| Property Type | Average Vacancy Rate | Peak Season Performance |
|---|---|---|
| Short-term Rentals (Airbnb) | 79% (21% occupancy) | 50%+ occupancy (top performers) |
| Long-term Apartments (Prime) | 10-15% | 5-10% |
| Long-term Apartments (Outlying) | 15-20% | 10-15% |
| Luxury Villas (Resort Areas) | 60-70% | 30-40% |
| Townhouses (Central) | 10-15% | 8-12% |
| Standard Houses | 15-20% | 10-15% |
| Condotels (Tourism Areas) | 65-75% | 25-40% |
What is the difference in rental yield between short-term rentals like Airbnb and long-term leases?
Short-term rentals in Quang Ninh achieve higher potential yields but experience significant seasonal volatility compared to long-term leases.
Airbnb properties generate median monthly revenues between $264-$744, with occupancy rates averaging 21% annually. Top-performing short-term rentals achieve 50%+ occupancy rates, particularly in Bai Chay, Ha Long, and established resort areas.
Long-term apartments provide more stable returns with 80-90%+ occupancy rates and monthly rents ranging $600-$1,000. These properties deliver consistent 3-3.5% yields with minimal seasonal fluctuation and lower management complexity.
Short-term rentals can exceed 3.5-4% yields during peak tourism periods, but seasonal dips significantly impact annual performance. Properties in resort areas often outperform long-term yields, though they require active management and face regulatory compliance requirements.
Long-term leases offer predictable cash flow and reduced vacancy risk, making them attractive for conservative investors seeking steady returns without tourism market exposure.
What kind of tenants usually rent in Quang Ninh, and how does that affect rental income stability?
Quang Ninh's rental market serves three distinct tenant categories, each contributing different levels of income stability and rental premiums.
Tourists and short-term visitors represent the highest-revenue but least stable tenant segment, primarily utilizing Airbnb, serviced apartments, and resort villas. This market offers peak profitability during tourism seasons but experiences pronounced seasonal volatility and higher vacancy periods.
Expatriate workers and foreign families provide the most stable rental income, preferring long-term leases for premium villas and quality apartments. These tenants offer lower vacancy risk, consistent payments, and often accept longer lease terms with annual rent increases.
Local professionals and middle-class families form the primary market for apartment and house rentals, providing predictable but less lucrative rental income. This segment offers steady occupancy with moderate rent growth potential.
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Rental income stability peaks for central apartments and townhouses serving local and expatriate professionals, while maximum profitability comes from short-term rentals in tourism zones serving visitors and vacation renters.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Vietnam versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you're planning to invest there.
How have average rents and yields in Quang Ninh evolved over the past 5 years and over the past year?
Property prices in Quang Ninh have surged 50-70% since 2019, creating one of Vietnam's most dramatic real estate appreciation stories over the five-year period.
Rental rates have increased substantially alongside tourism recovery, with acceleration occurring from 2023-2024 as Quang Ninh welcomed 15.5 million visitors and tourism revenue jumped 38%. This visitor surge directly translated into higher demand for both short-term and long-term rental properties.
Rental yields have remained stable at 3-3.5% throughout the five-year period, indicating that rental growth has kept pace with property price appreciation. Short-term rental returns have become increasingly attractive post-pandemic as infrastructure improvements and visitor numbers continued surging.
The past year (2024-2025) has seen continued double-digit growth in both property prices and rental rates, particularly in Van Don and Ha Long areas where new developments and infrastructure projects have created additional investment appeal.
Tourism infrastructure expansion, including transportation improvements and entertainment facility development, has sustained rental demand growth throughout 2024 and into 2025, supporting yield stability despite rapid price appreciation.
What are the forecasts for rental yields in Quang Ninh over the next 1 year, 5 years, and 10 years?
The 2025-2026 outlook projects continued double-digit price and rental growth in Van Don and Ha Long, driven by ongoing infrastructure development and tourism expansion initiatives.
Five-year forecasts (2025-2030) anticipate sustained but moderating rental and price appreciation as supply gradually increases to meet demand. Yields are expected to trend slightly upward as the market develops and tourism infrastructure expands throughout the province.
Ten-year projections position Quang Ninh among Vietnam's best-performing coastal property markets, with yields expected to stabilize as the market matures while tourism and infrastructure expansion continues. The province's strategic location and government investment priorities support long-term growth sustainability.
Short-term rental yields may experience the most significant growth potential, particularly as tourism infrastructure improves and international visitor access expands through improved transportation links and visa policies.
Long-term residential yields should benefit from Quang Ninh's growing reputation as an expatriate-friendly destination and its increasing integration into northern Vietnam's economic development corridor.
How does Quang Ninh's rental yield compare with other large Vietnamese cities such as Hanoi, Da Nang, or Ho Chi Minh City?
| City | Average Rental Yield | Yield Range |
|---|---|---|
| Quang Ninh | 3-3.5% | 2.5-4%+ (tourism areas) |
| Ho Chi Minh City | 3.52% | 1.9-5.0% |
| Da Nang | 3.06% | 2.5-4.2% |
| Hanoi | 2.9% | 1.1-4.7% |
| Vietnam National Average | 3.16% | 1.5-5.0% |
Given the current market conditions, what are the smartest property investment choices in Quang Ninh today?
Bai Chay tourism and vacation rental properties represent the smartest short-term investment strategy, offering top yields through strategic positioning in Quang Ninh's primary tourism hub.
Hon Gai premium villas and apartments provide the optimal balance of yield and stability, attracting both expatriate families and affluent domestic tenants while benefiting from the district's established infrastructure and amenities.
Van Don Economic Zone resort and condotel developments offer the highest growth potential, capitalizing on massive infrastructure upgrades and positioning for future tourism expansion as transportation access improves.
Ha Long City Center mixed-use and serviced apartments target stable returns from business and expatriate markets, providing consistent occupancy with growth potential as the area develops.
Resort villas, condotels, and serviced apartments in tourism zones deliver top short-term yields but require active management and seasonal planning. Apartments and townhouses in central districts provide stable long-term rental income with lower management complexity.
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Investment success depends on leveraging Quang Ninh's massive infrastructure upgrades, tourism boom, and strong foreign investment climate while carefully balancing yield potential against seasonal volatility and regulatory compliance requirements.
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.
Quang Ninh's rental yield market offers compelling opportunities for both income-focused and capital appreciation investors, with yields ranging from 3-3.5% across diverse property types.
The province's tourism boom, infrastructure development, and strategic location create sustainable demand for rental properties, particularly in districts like Bai Chay, Hon Gai, and Van Don where yields can exceed 4% for well-positioned short-term rentals.
Sources
- BambooRoutes - Quang Ninh Price Forecasts
- VietnamNet - Land Law Amendment Analysis
- Dot Property - Quang Ninh Rental Properties
- Asia Villas - Quang Ninh Villa Rentals
- BambooRoutes - Quang Ninh Real Estate Trends
- Knight Frank Vietnam - Investment Guide
- Global Property Guide - Vietnam Price History
- AirROI - Ha Long Rental Analysis