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Da Nang's property market is experiencing robust growth with rising prices, strong rental demand, and promising long-term prospects driven by infrastructure development and tourism expansion.
Current property prices range from $1,200 per square meter for suburban apartments to $6,000 per square meter for premium central land, with beachfront properties commanding $2,500-$3,550 per square meter. The market has shown consistent annual growth of 3-7% for apartments over the past five years, while some districts like Ngu Hanh Son saw dramatic 42% price increases in 2025 alone.
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Da Nang offers attractive property investment opportunities with prices significantly lower than Hanoi or Ho Chi Minh City, yet showing strong appreciation potential of 10-15% over the next 3-5 years.
Coastal apartments in prime districts like Hai Chau and Ngu Hanh Son provide the best combination of rental yields (3.17-4.25%) and capital appreciation, while land plots offer the highest long-term growth potential.
| Investment Type | Entry Price (USD/sqm) | Rental Yield | Best For |
|---|---|---|---|
| Beachfront Apartments | $2,500-$3,550 | 3.17-4.25% | Living + Rental Income |
| Central Land | $1,600-$1,800 | N/A | Long-term Appreciation |
| Suburban Apartments | $1,200-$3,100 | 3-4% | Entry-level Investment |
| Condotels | $2,100+ | 7-9% | Tourism-focused Income |
| Villas | $2,700-$5,000+ | Lower | Lifestyle + Capital Gains |
| Northwest Districts | $1,400-$2,000 | 3-4% | Emerging Growth Areas |
| Han River Area | $3,000-$4,000 | 4-5% | Luxury + Expat Market |
What are the current property prices per square meter in Da Nang by area and type?
Da Nang property prices vary significantly based on location and property type, with beachfront areas commanding premium prices.
Beachfront apartments in prime locations like My Khe and central districts cost between $2,500 and $3,550 per square meter as of September 2025. Central district land reaches $1,600-$1,800 per square meter, with the highest prices in Hai Chau district reaching up to $6,000 per square meter.
Condotels are priced at $2,100 per square meter and above, benefiting from tourism growth and recent legal reforms that have made these investments more attractive. Suburban apartments offer more affordable entry points at $1,200-$3,100 per square meter, providing moderate growth potential with better affordability for first-time investors.
Villas and townhouses average around $290,000 per unit, though they typically show slower appreciation and lower liquidity compared to apartments. The luxury villa segment can reach $2,700-$5,000+ per square meter in premium locations.
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How have Da Nang property prices changed over the past 3-5 years and what's the short-term outlook?
Da Nang's property market has shown impressive growth over the past five years, with apartment prices increasing steadily by 3-7% annually.
The most dramatic growth occurred in land values, which appreciated by 20% in 2025 alone in hot districts. Ngu Hanh Son district experienced a remarkable 42% year-on-year price jump in 2025, making it one of the fastest-growing areas in the city.
Over the recent 12 months, quarterly apartment growth has maintained a steady pace of 1-3%, with particularly strong performance in land plots. The market stabilized somewhat in late 2024 as large new housing projects were launched, providing more supply options for buyers.
The short-term outlook for the next 12 months remains positive, with continued price growth expected especially for city-center and coastal areas. This growth is supported by ongoing infrastructure projects and rising buyer demand from both domestic and international investors.
What are the medium-term projections for Da Nang property values over 3-5 years?
Da Nang property values are forecast to rise 10-15% over the next three to five years, with the strongest growth expected in brand-name residences and high-end coastal projects.
Infrastructure upgrades and major new developments, such as the Lien Chieu Port expansion, are expected to significantly boost both property prices and investment returns. These projects will particularly benefit sectors tied to tourism and the growing expat population.
The coastal areas and prime central districts are likely to see the most substantial appreciation, as Da Nang continues to establish itself as a major tourist destination and lifestyle city. The medium-term growth trajectory appears sustainable, driven by genuine demand rather than speculation.
Brand-name developments and luxury coastal projects are positioned to outperform the market average, potentially achieving annual appreciation rates of 4-6% during this period.
What are the long-term prospects for Da Nang compared to other Vietnamese cities?
Da Nang's long-term prospects over the next 10 years and beyond appear exceptionally strong, with the city expected to gradually close the pricing gap with Hanoi and Ho Chi Minh City while likely remaining more affordable.
The key demand drivers supporting long-term growth include sustained migration to the city, expanding tourism infrastructure, and ongoing urban development projects. These factors are more sustainable than the speculative bubbles seen in other Vietnamese cities, providing a solid foundation for continued appreciation.
Da Nang's quality of life advantages and coastal positioning create persistent demand from both domestic relocators and international buyers. The city's role as a central hub for Vietnam's tourism industry ensures steady economic growth and employment opportunities.
Compared to Ho Chi Minh City and Hanoi, Da Nang offers better value proposition with similar long-term appreciation potential but at significantly lower entry prices. The city's infrastructure development pace and tourism growth trajectory suggest it will continue outperforming many secondary Vietnamese cities.
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Which Da Nang neighborhoods offer the best prospects for living, rental income, and resale?
Hai Chau district stands out as the top choice for investors seeking the highest property values and strongest resale potential.
Hai Chau commands the highest prices in Da Nang and serves as the commercial center, offering excellent resale value and market liquidity. Properties in this district typically sell within 2-4 months due to strong demand from both local and international buyers.
Ngu Hanh Son and Son Tra districts are particularly popular for coastal living and show active rental demand, especially from expats and tourists. These areas have experienced strong price growth and offer excellent short-term rental potential due to their proximity to beaches and tourist attractions.
The northwest area of Da Nang represents an emerging opportunity with significant infrastructure growth and value appreciation potential. This area offers lower entry prices while benefiting from planned development projects that should drive future demand.
The Han River area features luxury projects and rising demand, particularly among expat residents who value the riverside lifestyle and proximity to international amenities.
How do apartments, villas, and land investments compare in Da Nang?
| Property Type | Entry Price Range | Rental Yield | Resale Characteristics |
|---|---|---|---|
| Apartments | $1,200-$3,550 per sqm | 3.17-4.25% | High liquidity in prime districts |
| Villas/Townhouses | $2,700-$5,000+ per sqm | Lower yields (2-3%) | Slower resale, liquidity issues |
| Land Plots | $1,600-$1,800 per sqm | N/A (development focus) | High appreciation, liquid market |
| Condotels | $2,100+ per sqm | 7-9% in resort areas | Tourism-dependent liquidity |
| Luxury Apartments | $3,000-$4,000 per sqm | 4-5% | Premium market, selective buyers |
What are the typical rental yields in Da Nang and how do they compare nationally?
Da Nang apartment rental yields average between 3.17% and 4.25%, which is slightly below Vietnam's national average but trending higher in coastal and prime locations.
Branded residences and condotels in resort areas can achieve yields of 7-9%, significantly outperforming standard residential properties. These higher yields come with greater management complexity and seasonal variation in occupancy rates.
Villas typically generate lower rental yields, often below 3%, as their value proposition focuses more on capital appreciation than income generation. The villa rental market is smaller and more selective, limiting yield potential.
Compared to Hanoi and Ho Chi Minh City, which typically average 4-5% rental yields, Da Nang offers competitive returns while providing better capital appreciation prospects due to lower entry prices and stronger growth momentum.
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What are the occupancy rates and rental demand patterns in Da Nang?
Da Nang shows strong occupancy rates across both short-term and long-term rental segments, driven by robust tourism and growing expat communities.
Short-term rentals through platforms like Airbnb experience high demand in Son Tra, Ngu Hanh Son, and beachfront areas, with seasonal peaks during tourist seasons. Occupancy rates in prime tourist locations can exceed 70-80% during peak months.
Long-term rental demand remains stable in city center and high-end areas, buoyed by the growing expat community and domestic professionals relocating to Da Nang. The expat rental market particularly favors properties with international-standard amenities and proximity to beaches or business districts.
Tourism growth continues to drive demand for vacation rentals, with both domestic Vietnamese tourists and international visitors contributing to steady occupancy rates. The city's position as a UNESCO World Heritage gateway enhances its tourism appeal.
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 budget ranges work best for different investment goals in Da Nang?
Lifestyle buyers should budget $2,000-$3,500 per square meter for properties in coastal or central zones to ensure quality of life and capital appreciation potential.
Investors focused on rental income should target entry prices around $2,500 per square meter for vacation rentals in tourist districts. Avoid slow-moving villa and land segments unless specifically planning for long-term capital gains rather than immediate income.
Long-term appreciation seekers should consider land in central or northwest districts at $1,600-$1,800 per square meter, or well-positioned apartments on the city fringe that offer good value with growth potential.
Entry-level investors can find opportunities in suburban areas starting from $1,200 per square meter, though these may require longer holding periods to realize substantial gains.
What are the transaction costs and legal restrictions for foreign buyers in Da Nang?
Foreign buyers can purchase most types of property in Da Nang except direct land ownership, with 50-year renewable leaseholds available for structures and condominiums.
Transaction fees include 0.5% registration fee, 2% maintenance fee, and 10% VAT on new units, plus legal and agency fees that typically add another 1-2% to the total cost.
Capital gains tax of 2% applies to the transfer value when selling property. Foreign buyers should budget approximately 3-5% of the purchase price for total transaction costs when acquiring property.
Legal restrictions prevent foreigners from owning land directly, but they can own structures and condominiums built on leased land. This system provides secure property rights while complying with Vietnamese ownership laws.
How liquid is Da Nang's resale market and what are typical selling timeframes?
Da Nang's resale market liquidity varies significantly by property type and location, with apartments in prime areas showing the strongest market activity.
Apartments in prime and coastal areas generally demonstrate high liquidity with active secondary markets, typically requiring 2-6 months to sell at market prices. Properties in Hai Chau and beachfront locations often sell within 2-4 months due to consistent buyer demand.
Villas face lower turnover rates and may take over 6 months to sell due to higher price points and a narrower buyer base. The villa market is more selective, requiring patient sellers and competitive pricing.
Land plots in central and strategic areas maintain high liquidity, often selling within 3-5 months when priced appropriately. The land market benefits from both development interest and investment demand.
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If buying in Da Nang today, what offers the best positioning for your main goals?
For buyers prioritizing lifestyle and living quality, central Hai Chau or upmarket coastal areas in Ngu Hanh Son and Son Tra offer the best combination at $2,500-$3,500 per square meter.
Rental income seekers should focus on coastal apartments for short-term rentals at $2,500+ per square meter, or branded residences that can command premium rental rates from tourists and business travelers.
Resale-focused investors should consider land plots in central or growth districts, or well-located mid-to-upper range apartments in Ngu Hanh Son or emerging northwest segments that offer the best appreciation potential.
The data shows Da Nang offers exceptional value and rapid appreciation potential for buyers with clear strategies, especially in select districts and branded properties. Apartments in prime areas provide the optimal blend of liquidity and returns, while land represents the best speculative choice for long-term investors. Villas and townhouses suit patient capital or lifestyle investments but carry the slowest resale pace.
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 presents compelling opportunities for investors seeking exposure to Vietnam's coastal real estate sector.
With prices significantly below Hanoi and Ho Chi Minh City levels yet showing strong growth momentum, Da Nang offers an attractive entry point into Vietnamese real estate with promising medium and long-term prospects.
Sources
- Da Nang Price Forecasts - BambooRoutes
- Average House Price Vietnam - BambooRoutes
- Da Nang Real Estate Market Report - LinkedIn
- Vietnam Price Forecasts - BambooRoutes
- Da Nang Real Estate Forecasts - BambooRoutes
- Should We Invest in Real Estate in Da Nang - Achieve Real
- Vietnam Price History - Global Property Guide
- Buying Property in Vietnam - Wise