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Are Da Nang property prices going up now? (June 2025)

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Authored by the expert who managed and guided the team behind the Vietnam Property Pack

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Property prices in Da Nang are experiencing significant growth in 2025, with beachfront apartments averaging $2,500 per square meter and luxury segments reaching $3,550 per square meter. Da Nang's real estate market is buoyed by robust infrastructure investments, tourism recovery with 11.9 million expected visitors, and favorable government policies that have streamlined legal frameworks for property development and foreign investment.

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.

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.

How this content was created 🔎📝

At BambooRoutes, we explore the Vietnamese real estate market every day. Our team doesn't just analyze data from a distance—we're actively engaging with local realtors, investors, and property managers in cities like Ho Chi Minh City, Hanoi, and Da Nang. This hands-on approach allows us to gain a deep understanding of the market from the inside out.

These observations are originally based on what we've learned through these conversations and our observations. But it was not enough. To back them up, we also needed to rely on trusted resources

We prioritize accuracy and authority. Trends lacking solid data or expert validation were excluded.

Trustworthiness is central to our work. Every source and citation is clearly listed, ensuring transparency. A writing AI-powered tool was used solely to refine readability and engagement.

To make the information accessible, our team designed custom infographics that clarify key points. We hope you will like them! All illustrations and media were created in-house and added manually.

How much have Da Nang property prices increased in 2025?

Da Nang property prices have risen substantially in 2025, with apartments experiencing 1-3% growth in Q1 alone compared to the previous quarter.

Beachfront apartments now average $2,500 per square meter, while luxury segments in central districts like Hai Chau command up to $3,550 per square meter. This represents a significant increase from 2024 levels when prices ranged between $3,000-$3,500 per square meter.

Land prices have surged even more dramatically, with central Da Nang experiencing a 20% increase in 2025. Some prime plots have jumped by VND200-400 million in just one month, reflecting the intense demand and limited supply in core areas.

The most expensive properties are concentrated in Hai Chau District, where prices reach VND150 million per square meter (approximately $6,000 per square meter). Meanwhile, popular districts like Son Tra and Ngu Hanh Son see prices ranging from VND50-80 million per square meter ($2,000-$3,200 per square meter).

It's something we develop in our Vietnam property pack.

Which areas of Da Nang are seeing the fastest property price growth?

Central Da Nang districts are experiencing the most rapid price appreciation, driven by infrastructure development and land scarcity.

Hai Chau District leads price growth with properties commanding the highest premiums, reaching VND150 million per square meter due to its commercial importance and limited available land. Son Tra and Ngu Hanh Son districts follow closely, benefiting from beachfront locations and tourism infrastructure.

Northwest Da Nang emerges as another high-growth area, buoyed by major infrastructure projects including Lien Chieu Port and new industrial parks. These developments are creating significant appreciation potential for surrounding residential areas.

Beachfront properties across all districts maintain premium pricing due to their scarcity and appeal to both domestic and international buyers. Areas with sea views consistently command 20-30% premiums over similar inland properties.

Suburban areas, while experiencing more moderate growth, benefit from improved infrastructure and population shifts as city center prices push buyers to seek more affordable options with better value propositions.

What are the current mortgage rates for property buyers in Da Nang?

As of June 2025, home loan interest rates in Vietnam are expected to increase slightly but remain below pre-pandemic levels.

Current preferential mortgage rates range from 7.3% to 8.7% depending on the bank and loan package. BIDV offers 7.3% for the first 6 months, then floating rates calculated as 12-month savings rate plus 4% margin. Vietcombank provides 7.7% for the first 12 months and 8.7% for the first 24 months, with loan-to-value ratios up to 70%.

The State Bank of Vietnam maintains its benchmark refinancing rate at 4.50% and discount rate at 3.00% to support lending growth. Despite slight increases expected in 2025, rates remain significantly lower than historical averages due to stable inflation and government efforts to stimulate the real estate market.

Home loan growth is forecast to increase by 15% in 2025, according to Vietcombank Securities analysts. Foreign buyers face more restrictive lending conditions, with loan-to-value ratios typically capped at 50% and requiring substantial collateral.

Banks are actively increasing credit flow to the real estate sector to boost supply and demand, making mortgages more accessible to qualified buyers in Da Nang's growing market.

How do Da Nang property prices compare to Hanoi and Ho Chi Minh City?

City Average Apartment Price (2025) Market Characteristics
Da Nang $2,500-$3,550/sqm (prime locations) Beachfront premium, tourism-driven, more affordable entry point
Ho Chi Minh City $4,691/sqm (47% YoY increase) Luxury segments $5,400-$15,000/sqm, strongest price growth
Hanoi $2,547/sqm (22.3% YoY increase) Capital city premium, rapid appreciation, limited supply
Da Nang (Land) $1,600-$1,800/sqm 20% annual growth, infrastructure-driven
HCMC (Land) $6,683/sqm average Extreme scarcity in central areas
Hanoi (Land) $4,013/sqm average High demand, government seat premium
Da Nang (Rental Yield) 3.17%-4.25% (avg 3.81%) Tourism-supported rental market

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What types of properties are appreciating most in Da Nang?

Beachfront apartments and central district land are experiencing the strongest price appreciation in Da Nang's 2025 market.

Beachfront apartments lead appreciation with prices reaching $2,500-$3,550 per square meter, driven by tourism recovery and foreign investor demand. These properties benefit from scarcity value and strong rental potential from short-term vacation rentals.

Land in central districts shows the most dramatic growth, surging 20% in 2025 alone. Prime plots in Hai Chau, Son Tra, and Ngu Hanh Son districts command premium prices due to limited supply and infrastructure development. Some central land parcels have increased VND200-400 million in single months.

Condotels maintain steady upward trends at $2,100+ per square meter, benefiting from legal reforms and tourism industry recovery. The segment attracts investors seeking rental income from Da Nang's expected 11.9 million annual visitors.

Suburban apartments show moderate but consistent growth in the $1,200-$3,100 per square meter range, appealing to families and investors seeking better value while maintaining access to city amenities.

Villas and townhouses experience slower appreciation due to legal constraints and liquidity issues, with average prices around $290,000 per unit but limited transaction volumes.

What are the property price forecasts for Da Nang in 2026?

Da Nang property prices are forecast to continue rising in 2026, supported by infrastructure completion and tourism growth targets.

Expert forecasts predict apartment prices will remain elevated through 2026, with most new supply concentrated in premium and luxury segments. The Vietnam Association of Realtors expects sustained price growth as infrastructure projects including Lien Chieu Port and new expressways reach completion.

Tourism projections of 11.9 million visitors in 2025, including 4.8 million international arrivals, will drive continued demand for rental properties and vacation homes. This tourism growth directly supports property values, particularly in beachfront and city center locations.

Government infrastructure investments exceeding VND150 trillion in new projects will continue boosting property demand through 2026. Major developments include the Hoa Lien-Tuy Loan expressway and Da Nang-Kon Tum expressway, improving regional connectivity and property accessibility.

Supply constraints will support price growth, with most new developments targeting mid-to-high-end segments. The city plans to roll out 25 new housing projects adding over 11,000 apartments, but demand continues to outpace supply in prime locations.

Long-term price appreciation remains strong as Da Nang evolves into a smart eco-city and regional financial hub, with property values expected to benefit from sustained urbanization and international investment flows.

How has foreign investment affected Da Nang property prices?

Foreign investment has significantly contributed to Da Nang property price appreciation, with 104 new foreign-invested projects in 2023 alone.

International investors increasingly favor Da Nang due to favorable policies and infrastructure development. The city attracts investment from South Korea, Singapore, China, and other Asian countries seeking beachfront and tourism-related properties.

New foreign investment laws effective January 1, 2025, allow foreigners to own up to 30% of apartments in any building and up to 250 houses in equivalent ward-sized areas. The 50-year ownership period with renewal options provides sufficient investment security for long-term appreciation strategies.

The proposed 10-year Golden Visa program would allow passive investment and long-term residency, expected to attract more foreign buyers and further support property values. This policy change could significantly boost international investor interest in Da Nang's residential market.

Tourism recovery with over 7.4 million visitors in 2024 (2 million international) drives demand for rental and resort properties, making Da Nang attractive to foreign investors seeking rental income opportunities.

Foreign buyer interest particularly concentrates on beachfront condominiums and luxury apartments, contributing to the premium pricing in these segments and creating spillover demand that lifts prices across the broader market.

It's something we develop in our Vietnam property pack.

What are the current rental yields in Da Nang for investors?

Da Nang rental yields range from 3.17% to 4.25% with an average of 3.81%, making it competitive with other major Vietnamese cities.

Central Da Nang maintains strong rental yields between 4.2% and 4.5% in the first half of 2024, demonstrating market resilience despite new development supply. Tourist areas command premium rents due to short-term rental demand from Airbnb and vacation rental platforms.

Short-term rental market shows particular strength with median occupancy rates of 59%, expected to increase with tourism growth to 11.9 million visitors in 2025. This creates attractive opportunities for investors in beachfront and city center properties.

Suburban areas offer higher rental yields as families relocate from expensive city centers seeking better value. Infrastructure improvements and new transportation links make suburban properties increasingly attractive to tenants, supporting rental growth.

The rental market benefits from Da Nang's growing expatriate community and tourism industry recovery. With over 50 housing projects underway adding 11,000+ apartments, supply increases may create competitive rental pricing but also provide more investment options.

Gross rental yields remain stable compared to Vietnam's national average of 3.83% in Q1 2024, though this dropped from 4.02% in Q3 2023. Da Nang's tourism-dependent rental market provides resilience against this national trend.

infographics comparison property prices Da Nang

We made this infographic to show you how property prices in Vietnam compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It's an easy way to spot where you might get the best value for your money. We hope you like it.

How do government policies in 2025 impact Da Nang property prices?

New government policies implemented in 2025 are actively supporting Da Nang property price growth through legal reforms and infrastructure investment.

Resolution 170/2024/QH15, effective April 2025, removes legal and land-use obstacles for key projects, improving market liquidity and investor confidence. This special mechanism has already accelerated project approvals and reduced development delays that previously constrained supply.

The new Land Law, Housing Law, and Real Estate Business Law taking effect from August 2024 streamlined legalities and provided clearer guidelines for resort and residential real estate. These reforms boost investor sentiment and market activity by reducing regulatory uncertainty.

Tax incentives starting January 1, 2025, offer exemptions and reductions in corporate income tax and land rent, especially in the Da Nang Free Trade Zone. These policies attract more investors and ease financial burdens on infrastructure projects, creating positive spillover effects on property values.

Proposed property taxes targeting higher rates on undeveloped and vacant land aim to reduce speculation and encourage development. While potentially moderating short-term speculation, these measures support long-term market stability and sustainable development.

Major infrastructure investments exceeding VND150 trillion in 2025 projects, including Lien Chieu Port and new expressways, directly support property demand and price appreciation through improved accessibility and economic development.

What is the current supply and demand situation in Da Nang's property market?

Da Nang's property market shows robust demand growth with transaction volumes surging 71% in Q2 2024 over Q1 and 128% year-on-year in Q3 2024.

Apartment supply increased dramatically with 16 new projects adding 2,484 apartments in 2024, representing a 2.5-fold increase over the previous year. The city plans 25 new housing projects adding over 11,000 apartments by 2025, indicating strong developer confidence and market demand.

Despite increased supply, absorption rates remain healthy with apartment absorption at approximately 50% according to Avison Young. Strong population growth of 2.5-2.7% annually and increasing expatriate community drive sustained housing demand.

Primary supply in Da Nang and nearby areas jumped 32% compared to 2023, adding nearly 2,300 apartments. However, this supply increase has not dampened price growth, indicating demand continues to outpace new development in prime locations.

The number of property searches increased 44% in Q2 2024 compared to the previous quarter, exceeding 2023 peaks. Interest in Da Nang apartments from Hanoi investors particularly surged 90% in Q2 2024, demonstrating strong inter-city investment demand.

While suburban areas may experience oversupply pressures from new developments, central districts and beachfront areas maintain tight supply-demand balance that supports continued price appreciation.

It's something we develop in our Vietnam property pack.

How do Da Nang property prices compare to five years ago?

Da Nang property prices have increased significantly over the past five years, with substantial acceleration in recent years.

Apartment prices have risen from approximately $1,960 per square meter in 2023 to $2,500-$3,550 per square meter in 2025 for prime locations, representing increases of 25-80% depending on location and property type.

Land prices show even more dramatic appreciation, with central areas experiencing over 20% growth in 2025 alone. The five-year trajectory shows consistent upward pressure driven by infrastructure development, tourism growth, and increasing domestic and foreign investor interest.

Transaction volumes have increased sharply, reflecting a more dynamic and competitive market compared to five years ago. The market has evolved from relatively limited foreign participation to significant international investor presence following legal reforms.

Rental yields have remained relatively stable in the 3-4% range, indicating that price appreciation has been accompanied by corresponding rental growth. This suggests fundamental demand support rather than speculative pricing.

The market five years ago was more constrained by legal uncertainties and limited infrastructure. Current conditions show a mature, internationally recognized market with clear legal frameworks and substantial government investment in connectivity and development.

What infrastructure developments are driving Da Nang property price growth?

Major infrastructure projects worth over VND150 trillion are driving significant property price appreciation across Da Nang in 2025.

Lien Chieu Port development represents the largest single infrastructure investment, transforming northwest Da Nang into a major logistics and commercial hub. This project alone is expected to double tourism capacity and significantly boost regional GRDP, creating substantial property value uplift in surrounding areas.

The Hoa Lien-Tuy Loan and Da Nang-Kon Tum expressways improve regional connectivity, reducing commute times and making previously remote areas more accessible. Properties along these corridors experience 15-25% premiums due to improved accessibility and development potential.

Metro Line development and public transportation improvements enhance property values near transit stations. Neighborhoods close to new transit lines see notable buyer interest increases, following the pattern observed in Ho Chi Minh City where metro proximity adds 50-70% value premiums.

Airport expansion and international terminal improvements support tourism growth targets of 11.9 million visitors, directly benefiting hospitality-related real estate and vacation rental properties.

Smart city initiatives and green infrastructure investments, including rooftop solar systems and sustainable development projects, attract eco-conscious investors and support premium pricing for certified green properties.

Industrial zone development creates employment growth that drives residential demand, particularly in affordable and mid-range segments as worker populations expand.

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.

Sources

  1. Bamboo Routes - Da Nang Real Estate Market Statistics 2025
  2. Bamboo Routes - Da Nang Real Estate Trends 2025
  3. VnExpress - Da Nang Apartment Prices Rise to $3,200 per Square Meter
  4. Global Property Guide - Vietnam's Residential Property Market Analysis 2025
  5. Vietnam News - Home Loan Interest Rates to Inch Up in 2025
  6. Bamboo Routes - Da Nang Real Estate Forecasts 2025
  7. Vietnam Briefing - Vietnam's Rules on Foreign Property Ownership
  8. Bamboo Routes - Vietnam Real Estate Trends 2025