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
If you are a foreigner thinking about buying property in Hai Phong, you are probably wondering what you can actually afford at different budget levels.
This article breaks down what you can realistically buy in Hai Phong in 2026, from entry-level apartments to luxury homes, with actual prices, real neighborhoods, and concrete numbers.
We constantly update this blog post to reflect the latest housing prices in Hai Phong and the current exchange rates.
And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Hai Phong.
What can I realistically buy with $100k in Hai Phong right now?
Are there any decent properties for $100k in Hai Phong, or is it all scams?
With $100,000 (about 2.6 billion VND using January 2026 exchange rates), you can buy a resale apartment of around 45 to 60 square meters in a mid-market area of Hai Phong, which is a decent property for someone looking to enter the market without overspending.
The neighborhoods in Hai Phong that give you the best value at this budget include Kien An, Duong Kinh, and An Duong, where prices per square meter are lower than in the central districts and you can find legitimate, properly documented units.
Buying in the more popular central districts like Le Chan, Ngo Quyen, or Hong Bang is possible for $100k, but you will be limited to smaller or older units, and you should verify that the project is licensed for foreign ownership before making any commitment.
What property types can I afford for $100k in Hai Phong (studio, land, old house)?
For $100,000 (about 2.6 billion VND) in Hai Phong in 2026, you can realistically afford a resale studio or one-bedroom apartment in non-prime districts, or potentially a very small land plot or old house in outer areas like Thuy Nguyen, though foreigners typically find apartments easier to buy legally.
At this price point in Hai Phong, expect properties that may need some updating, so budget an additional 2 to 8 percent of the purchase price for light renovation on newer resale units, or 8 to 20 percent if the property is older and requires plumbing or electrical work.
Resale apartments tend to offer the best long-term value at the $100k level in Hai Phong because they have clearer ownership documentation, easier resale potential, and they align with the legal framework that allows foreigners to own units in commercial housing projects.
What's a realistic budget to get a comfortable property in Hai Phong as of 2026?
As of early 2026, the realistic minimum budget to get a comfortable property in Hai Phong is around 4 to 5.7 billion VND, which translates to about $150,000 to $220,000 USD or roughly 140,000 to 205,000 EUR.
Most buyers looking for a comfortable standard in Hai Phong need to budget between 4 billion and 6 billion VND ($150,000 to $230,000 USD or 140,000 to 215,000 EUR) to secure a property with good size and reasonable condition.
In Hai Phong, "comfortable" generally means a two-bedroom apartment of around 65 to 85 square meters, in decent condition, with modern amenities like elevator access, parking, and basic building services.
The required budget can vary significantly depending on the neighborhood in Hai Phong, with central districts like Le Chan and Ngo Quyen costing more per square meter than emerging areas like Hai An or the suburban parts of Thuy Nguyen.
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What can I get with a $200k budget in Hai Phong as of 2026?
What "normal" homes become available at $200k in Hai Phong as of 2026?
As of early 2026, a $200,000 budget (about 5.2 billion VND) in Hai Phong opens the door to what most people would consider a "normal" home: a comfortable two-bedroom apartment in a reasonably good building, or sometimes a small three-bedroom unit if you accept an older building or less central location.
At this budget in Hai Phong, you can typically expect an apartment size of around 80 to 115 square meters, depending on the specific district and whether the building prices above or below the citywide average of 45 million VND per square meter.
By the way, we have much more granular data about housing prices in our property pack about Hai Phong.
What places are the smartest $200k buys in Hai Phong as of 2026?
As of early 2026, the smartest neighborhoods for a $200,000 purchase in Hai Phong include Hai An (especially areas near the airport and industrial corridors), expanding parts of Le Chan, and selected zones in Thuy Nguyen that balance accessibility with value.
These areas represent smarter buys in Hai Phong because they combine strong rental demand from industrial and logistics workers with improving infrastructure and easier resale liquidity compared to truly fringe locations.
The main growth driver in these smart-buy areas of Hai Phong is the ongoing industrial and logistics expansion, with nearly $5 billion in foreign direct investment flowing into the city in 2024 alone, which keeps housing demand steady and supports property appreciation over time.
We have made this infographic to give you a quick and clear snapshot of the property market in Vietnam. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.
What can I buy with $300k in Hai Phong in 2026?
What quality upgrade do I get at $300k in Hai Phong in 2026?
As of early 2026, moving from $200,000 to $300,000 (about 7.8 billion VND) in Hai Phong gives you a meaningful quality upgrade: better building management, newer construction, improved amenities, and access to more desirable locations with less "condition risk."
Yes, $300,000 can definitely buy a property in a newer building in Hai Phong right now, especially in districts like Hai An, Le Chan, or selected parts of Ngo Quyen and Hong Bang where newer developments have come online in recent years.
At this budget in Hai Phong, you start seeing features like better finishes, larger balconies, swimming pools, gyms, underground parking, and more professional building management that reduces your day-to-day hassles as an owner.
Can $300k buy a 2-bedroom in Hai Phong in 2026 in good areas?
As of early 2026, $300,000 (about 7.8 billion VND) can comfortably buy a two-bedroom property in good areas of Hai Phong, and you will often have multiple options to choose from in terms of layout, view, and building quality.
Good areas in Hai Phong where you can find two-bedroom options at this budget include Le Chan, Hai An, and parts of Ngo Quyen, depending on the specific project and the exact unit configuration you are looking for.
A $300,000 two-bedroom apartment in Hai Phong typically offers around 80 to 110 square meters of living space, which is considered generous by local standards and provides comfortable living for a couple or small family.
Which places become "accessible" at $300k in Hai Phong as of 2026?
At the $300,000 price point in Hai Phong, neighborhoods that become newly accessible include higher-quality zones in Thuy Nguyen (especially master-planned communities), premium pockets in Le Chan, and better-positioned buildings in the Hong Bang and Ngo Quyen corridor.
These newly accessible areas are desirable compared to lower-budget options in Hai Phong because they offer better urban planning, more comprehensive amenities, stronger security, and closer proximity to the city center and major employment hubs.
For $300,000 in these newly accessible areas of Hai Phong, buyers can typically expect a well-finished two- to three-bedroom apartment in a managed development with amenities like pools, landscaped gardens, and convenient access to schools and shopping.
By the way, we've written a blog article detailing what are the current best areas to invest in property in Hai Phong.
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What does a $500k budget unlock in Hai Phong in 2026?
What's the typical size and location for $500k in Hai Phong in 2026?
As of early 2026, a $500,000 budget (about 13 billion VND) in Hai Phong typically unlocks either a large premium apartment of 120 to 160 square meters in a prime location, or a townhouse or villa-style home in a master-planned community like Vinhomes Marina.
Yes, $500,000 can buy a family home with outdoor space in Hai Phong, though as a foreigner you should verify that the project allows foreign ownership for landed properties, which involves more complex legal checks than buying an apartment.
At this budget in Hai Phong, you can typically find three- to four-bedroom homes with two to three bathrooms, and if you choose a townhouse or villa, you may also get a private garden or terrace space.
Finally, please note that we cover all the housing price data in Hai Phong here.
Which "premium" neighborhoods open up at $500k in Hai Phong in 2026?
At the $500,000 price point in Hai Phong, premium neighborhoods that open up include master-planned communities in Le Chan, prestige-driven new urban zones in Thuy Nguyen, and select central-corridor locations in Ngo Quyen and Hong Bang where land is scarce.
These neighborhoods are considered premium in Hai Phong because they feature branded developments (like Vinhomes), comprehensive on-site amenities, professional management, landscaped environments, and strong community infrastructure that appeals to affluent buyers.
For $500,000 in these premium Hai Phong neighborhoods, buyers can realistically expect a well-appointed townhouse of around 100 to 150 square meters of built area, or a spacious three-bedroom apartment in the best towers with premium finishes and views.
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 counts as "luxury" in Hai Phong in 2026?
At what amount does "luxury" start in Hai Phong right now?
In Hai Phong in 2026, "luxury" property starts at around 15 to 20 billion VND, which translates to approximately $575,000 to $770,000 USD or roughly 535,000 to 715,000 EUR.
The entry point to luxury real estate in Hai Phong is defined by branded master-planned developments, premium landed properties with pricing above 100 million VND per square meter, resort-style amenities, and locations in the most sought-after areas of the city.
Compared to major Vietnamese cities like Hanoi or Ho Chi Minh City, Hai Phong's luxury threshold is lower, making it more accessible for buyers who want premium living without paying capital-city prices.
Mid-tier luxury properties in Hai Phong range from 15 to 30 billion VND ($575,000 to $1.15 million USD or 535,000 to 1.07 million EUR), while top-tier luxury villas in branded communities can exceed 40 billion VND ($1.5 million USD or about 1.4 million EUR).
Which areas are truly high-end in Hai Phong right now?
The truly high-end neighborhoods in Hai Phong right now include branded master-planned communities in Le Chan (like Vinhomes developments), prestige-driven new urban zones in Thuy Nguyen, and select central locations in Ngo Quyen and Hong Bang where land scarcity keeps prices elevated.
These areas are considered truly high-end in Hai Phong because they combine premium construction quality, resort-style amenities (pools, clubhouses, landscaped parks), strong security, and address prestige that appeals to successful business owners and executives.
The typical buyer in these high-end Hai Phong areas includes successful Vietnamese business owners, executives of multinational companies operating in the industrial zones, overseas Vietnamese returning to invest, and some foreign buyers seeking premium living in a growing city.
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How much does it really cost to buy, beyond the price, in Hai Phong in 2026?
What are the total closing costs in Hai Phong in 2026 as a percentage?
As of early 2026, the total closing costs when buying property in Hai Phong typically range from 3% to 7% of the purchase price, depending on property type, whether it is new or resale, and whether you hire independent legal support.
For most standard transactions in Hai Phong, foreign buyers should realistically budget 4% to 6% of the purchase price to cover all mandatory and advisory fees without surprises.
The main fee categories that make up closing costs in Hai Phong include the 0.5% registration fee, notary and authentication fees, the 2% apartment maintenance fund (for new apartments), agent commissions, and optional legal review fees for foreign buyers.
To avoid hidden costs and bad surprises, you can check our our pack covering the property buying process in Hai Phong.
How much are notary, registration, and legal fees in Hai Phong in 2026?
As of early 2026, notary, registration, and legal fees in Hai Phong typically total between 1.5% and 3% of the property price, which on a 5 billion VND property (about $190,000 USD or 177,000 EUR) would be roughly 75 to 150 million VND ($2,900 to $5,800 USD or 2,700 to 5,400 EUR).
These fees in Hai Phong generally represent 1% to 2.5% of the property price, with some variation based on transaction complexity and whether you engage premium legal counsel for additional protection.
Of these three fee types in Hai Phong, legal fees tend to be the most variable and can become the most expensive if you hire a specialized international law firm, while registration (fixed at 0.5% of registered value) and notary fees (set by official schedules) are more predictable.
What annual property taxes should I expect in Hai Phong in 2026?
As of early 2026, annual property taxes in Hai Phong are generally low compared to Western countries, typically ranging from a few hundred thousand to a few million VND per year (roughly $20 to $200 USD or 18 to 185 EUR for most apartments), because Vietnam uses a land-use tax system rather than a Western-style property tax.
In Hai Phong, annual land-use taxes typically represent well under 0.1% of property value per year, making holding costs much lower than in markets like the United States or Europe.
Property taxes in Hai Phong can vary based on location and property type, with landed properties (houses, villas) potentially having higher land-use obligations than apartments, and properties in prime urban districts assessed differently than suburban areas.
There are some exemptions and reductions available in Vietnam for certain categories, including primary residences and properties within certain size thresholds, though the specifics depend on local implementation of national tax law.
You can find the list of all property taxes, costs and fees when buying in Hai Phong here.
Is mortgage a viable option for foreigners in Hai Phong right now?
Getting a mortgage as a foreigner in Hai Phong in 2026 is possible but challenging, because most Vietnamese banks require valid residency status (work permit or temporary residence card), local income documentation, and often prefer applicants who are married to Vietnamese citizens.
Foreign buyers in Hai Phong can typically access loan-to-value ratios of 50% to 70% (lower than for Vietnamese citizens), with interest rates currently around 5% to 8% for fixed periods and higher floating rates afterward, requiring larger down payments than local buyers need.
To qualify for a mortgage in Hai Phong, foreign buyers typically need a valid residence permit throughout the loan term, proof of stable Vietnam-based income, employment contracts or business registration, bank statements for 6 to 12 months, and the property must have clear title documentation.
For many foreign buyers, the practical path is to purchase without local financing or to work with international banks that have Vietnamese operations, as the documentation requirements and restrictions make standard bank mortgages difficult for those without strong local ties.
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.
What should I predict for resale and growth in Hai Phong in 2026?
What property types resell fastest in Hai Phong in 2026?
As of early 2026, mid-market apartments in districts with strong employment demand (like Hai An near the industrial zones) and well-located townhouses in master-planned communities tend to resell fastest in Hai Phong because they appeal to the broadest range of local and expat buyers.
For a properly priced mid-market apartment with clean documentation in Hai Phong, typical time on market is around 2 to 4 months, while larger landed properties like villas can take 6 to 12 months or longer due to higher price points and narrower buyer pools.
Properties in Hai Phong sell faster when they are near industrial parks or logistics hubs because the steady influx of workers and managers from manufacturing and shipping companies creates consistent rental and purchase demand that keeps the market liquid.
The slowest properties to resell in Hai Phong tend to be overpriced landed properties in less established developments, units in older buildings without proper documentation, and properties in locations that lack convenient access to employment centers or public transport.
If you're interested, we cover all the best exit strategies in our real estate pack about Hai Phong.
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What sources have we used to write this blog article?
Whether it's in our blog articles or the market analyses included in our property pack about Hai Phong, we always rely on the strongest methodology we can and we don't throw out numbers at random.
We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source Name | Why It's Authoritative | How We Used It |
|---|---|---|
| Savills Vietnam | Global real estate consultancy with published research methodology | We used it as our anchor for Hai Phong apartment and landed property price averages. We cross-checked these figures against live listings on property portals. |
| JLL Vietnam | Major global real estate firm with structured market analysis | We used it to understand industrial and logistics-driven demand in Hai Phong. We referenced it to explain why certain districts price differently. |
| Vietcombank | Vietnam's leading state-linked bank publishing daily exchange rates | We used January 2026 exchange rates to convert USD budgets into VND. We ensured all currency conversions reflect real market conditions. |
| Vietnam Housing Law 27/2023 | Official legal text database providing structured access to legislation | We used it to define what foreigners can legally buy in Vietnam. We referenced it for ownership caps and eligibility requirements. |
| Decree 95/2024 | Implementing decree that operationalizes the Housing Law | We used it to explain foreign ownership mechanics and caps. We avoided agent hearsay by sticking to official legal rules. |
| Batdongsan.com.vn | Vietnam's largest property portal with live asking prices | We used it to verify what buyers actually see on listings. We created realistic neighborhood examples at each budget level. |
| Decree 10/2022 | Government decree spelling out registration fee framework | We used it to estimate the 0.5% registration fee on title transfers. We included it as a fixed component of closing costs. |
| Circular 257/2016 | Ministry of Finance circular setting official fee schedules | We used it to estimate notary-related closing costs. We kept the fee section grounded in actual official fee rules. |
| Non-Agricultural Land Use Tax Law | Consolidated legal text for ongoing land-related tax obligations | We used it to explain what "annual property tax" means in Vietnam. We clarified why annual taxes are low compared to Western countries. |
| KPMG Vietnam | Top global audit and tax firm with structured tax summaries | We used it to sanity-check typical taxes and fees buyers encounter. We triangulated so we're not relying on only one legal source. |
| State Bank of Vietnam | Central bank and authoritative reference for monetary policy | We used it to frame mortgage feasibility and rate sensitivity. We referenced it as the official lens behind financing conditions. |
| Mordor Intelligence | Market research firm tracking Vietnam residential real estate trends | We used it to confirm Hai Phong's position as the fastest-growing city for residential real estate. We referenced growth projections through 2031. |
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Vietnam. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.
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