Authored by the expert who managed and guided the team behind the Vietnam Property Pack
Everything you need to know before buying real estate is included in our Vietnam Property Pack
Property ownership in Da Nang involves several taxes and fees that buyers and investors need to understand before making a purchase decision.
(Understanding these costs is essential for accurate investment calculations and avoiding unexpected expenses that could impact your property returns in Vietnam's central coastal city.)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.
Residential property tax in Da Nang is set at 0.03% of the land value annually, while commercial properties face higher rates between 0.07% and 0.15%.
Beyond basic taxes, property buyers face registration fees of 0.5%, apartment maintenance fees of 2%, and ongoing annual costs ranging from $50-150 monthly for apartment buildings.
| Tax/Fee Type | Rate/Amount | When Applied |
|---|---|---|
| Residential Land Tax | 0.03% of land value | Annual payment |
| Commercial Land Tax | 0.07-0.15% of land value | Annual payment |
| Registration Fee | 0.5% of property value | At purchase |
| Apartment Maintenance Fee | 2% of sale price | One-time at purchase |
| Transfer Tax (Selling) | 2% of transfer price | When selling |
| Notary Fee | 5.2M VND + 0.03% for large transactions | During transaction |
| Rental Income Tax | 5% VAT + 5% PIT | On rental income >100M VND/year |
What is the property tax rate for residential properties in Da Nang?
The property tax rate for residential properties in Da Nang is 0.03% of the assessed land value annually.
This rate applies specifically to residential land and is calculated based on the official land values published by the Da Nang People's Committee each year. The provincial authorities update these land values annually to reflect current market conditions.
For a residential property with land valued at 100 million VND, the annual property tax would be 30,000 VND (100,000,000 Ă— 0.03%). This relatively low rate makes Da Nang residential property ownership affordable from a tax perspective compared to many international markets.
As of September 2025, this rate remains consistent with Vietnam's national property tax framework, though local authorities can adjust rates within prescribed limits. Property owners receive annual tax notices and can pay through various channels including banks and local tax offices.
Are there different property tax rates for commercial and residential properties in Da Nang?
Yes, commercial properties in Da Nang face significantly higher property tax rates ranging from 0.07% to 0.15% of the land value, compared to the 0.03% rate for residential properties.
The exact commercial rate depends on the specific use of the property. Office buildings, retail spaces, and industrial facilities each fall into different categories with varying tax rates within the 0.07-0.15% range. Mixed-use developments are taxed proportionally based on the area allocated to each use.
For example, a commercial office property valued at 500 million VND might face annual taxes of 350,000 to 750,000 VND depending on its classification. This represents a tax burden 2.3 to 5 times higher than equivalent residential properties.
It's something we develop in our Vietnam property pack.
How is property tax calculated in Da Nang?
Property tax calculation in Da Nang follows a straightforward formula based on official government valuations.
| Property Component | Calculation Method | Tax Rate Applied |
|---|---|---|
| Land Value | Area (sqm) Ă— Official price per sqm | 0.03% (residential) / 0.07-0.15% (commercial) |
| Building Value | Construction value minus depreciation | Same as land rate |
| Tax-Free Threshold | Deducted from total taxable value | Varies by property type |
| Final Tax | (Total Value - Threshold) Ă— Tax Rate | Annual payment required |
| Payment Schedule | Annual or quarterly installments | Due dates set by authorities |
What is the value assessment process for property taxes in Da Nang?
The property value assessment process in Da Nang involves licensed valuers conducting comprehensive property evaluations using standardized methodologies.
Licensed property valuers perform physical inspections of the land and buildings, analyzing factors like location, size, condition, and improvements. They conduct comparative market analysis using recent sales data from similar properties in the neighborhood to establish fair market values.
The Da Nang People's Committee publishes official price lists annually that serve as baseline values for tax calculations. These lists categorize different areas and property types with corresponding price ranges. Valuers must reference these official lists while considering individual property characteristics.
The assessment process typically takes 5-10 business days and results in a formal valuation report that becomes the basis for tax calculations. Property owners can appeal assessments through administrative procedures if they believe valuations are incorrect or unfair.
Don't lose money on your property in Da Nang
100% of people who have lost money there have spent less than 1 hour researching the market. We have reviewed everything there is to know. Grab our guide now.
What other fees are associated with property ownership in Da Nang besides taxes?
Property ownership in Da Nang involves several additional fees beyond basic property taxes that buyers need to budget for.
Registration fees of 0.5% of the property value are mandatory for title transfers and establishing legal ownership. For apartment purchases, a maintenance fee of 2% of the sale price is required before receiving the ownership certificate, funding shared area maintenance and building management.
Administrative fees for paperwork and certificate processing typically range from 500,000 to 2 million VND depending on the transaction complexity. These cover document preparation, verification, and official processing by government offices.
Ongoing monthly maintenance fees for apartment buildings range from $50-150 monthly, covering security, cleaning, elevator maintenance, and shared facility upkeep. These fees vary significantly based on building amenities, location, and management quality.
Are there any fees for property registration in Da Nang?
Yes, property registration in Da Nang requires a mandatory fee of 0.5% of the contract or purchase price.
This registration fee is payable at the time of official title transfer and is required to obtain legal ownership documents. The fee applies to both Vietnamese citizens and foreign buyers, calculated on the full transaction value stated in the purchase contract.
For a property purchase of 2 billion VND, the registration fee would be 10 million VND. This fee is typically paid by the buyer unless otherwise negotiated in the purchase agreement. Payment is made directly to the relevant government office handling the registration process.
The registration fee is separate from notary fees and other transaction costs, and cannot be avoided as it's required for legal ownership transfer under Vietnamese law.
How much is the registration fee for a property purchase in Da Nang?
The registration fee for property purchases in Da Nang is exactly 0.5% of the property's transaction value.
This percentage is applied to the full purchase price stated in the official sale contract, not the assessed value for tax purposes. For example, purchasing a 3 billion VND property would result in a 15 million VND registration fee.
The fee is non-negotiable and standardized across Vietnam, though some provinces may have slight variations in implementation. Payment is typically required upfront before the registration process can be completed.
This fee covers the administrative costs of transferring ownership, updating land records, and issuing new ownership certificates. It's a one-time cost that buyers should factor into their total acquisition budget alongside other transaction expenses.
Are there annual fees or charges for owning property in Da Nang?
Property owners in Da Nang face several annual fees and charges beyond the basic property tax.
1. **Annual Land Tax**: The 0.03% residential or 0.07-0.15% commercial tax on assessed land value2. **Apartment Maintenance Fees**: $50-150 monthly for building upkeep, security, and shared facilities3. **Business License Tax**: 1 million VND annually for properties generating rental income above 100 million VND per year4. **Municipal Services Fee**: Included in maintenance charges for waste management and local services5. **Insurance Premiums**: Optional but recommended fire and property insurance, typically 0.1-0.3% of property value annuallyFor apartment owners, monthly maintenance fees represent the largest ongoing cost, potentially totaling $600-1,800 annually depending on building quality and amenities. These fees are mandatory and cover essential services like security, cleaning, and facility maintenance.
It's something we develop in our Vietnam property pack.
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.
What is the transfer tax when selling a property in Da Nang?
Property sellers in Da Nang face a 2% flat transfer tax on the transaction value when selling their property.
This Personal Income Tax applies to individual sellers and is calculated on the full sale price stated in the transfer contract. For a property sold for 4 billion VND, the seller would pay 80 million VND in transfer tax regardless of the original purchase price or capital gains.
Corporate sellers face different rules with a 20% tax on net capital gains rather than the flat 2% rate. This means companies pay tax only on the profit portion of the sale, but at a much higher rate than individuals.
The transfer tax is the seller's responsibility unless otherwise negotiated in the sale agreement. Payment is typically required before the ownership transfer can be completed, making it an essential factor in pricing decisions for sellers.
What is the typical notary fee for property transactions in Da Nang?
Notary fees in Da Nang follow a standardized structure of 5.2 million VND plus 0.03% of the contract value for transactions exceeding 10 billion VND.
For most residential property transactions under 10 billion VND, the total notary fee is simply 5.2 million VND. This covers document authentication, contract verification, and official notarization required for legal property transfers.
High-value transactions above 10 billion VND incur additional charges at 0.03% of the excess amount. For example, a 15 billion VND transaction would cost 5.2 million VND plus 150,000 VND (5 billion Ă— 0.03%), totaling 5.35 million VND in notary fees.
These regulated fees can vary slightly between notary offices based on document complexity and additional services required. Some notaries may charge extra for translation services or expedited processing.
Are there any environmental or waste management fees that property owners need to pay?
Da Nang property owners do not face separate environmental or waste management taxes at the point of purchase, but contribute to these services through ongoing municipal fees.
Environmental and waste management costs are typically included in monthly maintenance fees for apartment buildings or incorporated into annual municipal service charges for standalone properties. These fees cover garbage collection, recycling services, and local environmental maintenance.
For apartment owners, waste management is usually bundled into the $50-150 monthly maintenance fee structure. Independent property owners may receive separate municipal service bills that include waste collection and environmental services.
As of September 2025, Da Nang has not implemented specific environmental impact taxes on property ownership, though this could change as Vietnam develops more comprehensive environmental policies. Current costs remain relatively modest compared to property values.
Is there a tax on rental income for properties in Da Nang, and what is the rate?
Rental income from Da Nang properties exceeding 100 million VND annually is subject to both 5% VAT and 5% Personal Income Tax, creating a total tax burden of 10% on gross rental income.
| Annual Rental Income Level | VAT Rate | Personal Income Tax Rate |
|---|---|---|
| Under 100 million VND | 0% | 0% |
| 100+ million VND | 5% | 5% |
| Business License Required | 1 million VND annually | For income >100 million VND |
| Corporate Rental Income | 10% VAT | 20% Corporate Tax |
| Tax Payment Schedule | Monthly or quarterly | Based on registration choice |
Property owners generating rental income above the 100 million VND threshold must also obtain a business license costing 1 million VND annually. This registration is required before collecting taxes and legitimizes the rental operation.
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.
Understanding Da Nang's property tax structure is crucial for making informed real estate investment decisions in Vietnam's third-largest city.
With residential property taxes at just 0.03% annually and reasonable transaction fees, Da Nang offers attractive cost structures for both investors and residents compared to many international markets.
Sources
- Vietnam Briefing - Property Tax Regime
- BambooRoutes - Da Nang Property Guide
- Da Nang Villa Realty - FAQ for Foreign Buyers
- Real Estate Vietnam - Property Tax Calculation
- Homebase - Professional Property Valuation
- DB Legal - Land Use Rights in Vietnam
- ANT Lawyers - Real Estate Taxation Tips
- Vietnam Net - High Taxes on Real Estate
- DMS Law Firm - Notarization in Da Nang
- Achieve Real - Real Estate Taxes and Fees