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Da Nang's property market is experiencing unprecedented growth as of September 2025, with prices rising 59% over the past five years and new infrastructure projects reshaping the coastal city.
Prime beachfront apartments now command $2,500–$3,550 per square meter, while rental yields remain attractive at 6-8% for residential properties. The city's transformation from a quiet coastal town to Vietnam's third-largest economic hub has attracted both domestic and international investors, with major infrastructure developments like the Lien Chieu Port and Thuan Phuoc Urban Area driving future growth prospects.
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Da Nang's property market shows strong fundamentals with beachfront apartments averaging $2,500-$3,550 per sqm and healthy rental yields of 6-8% for residential properties.
Major infrastructure projects including the Lien Chieu Port and airport expansion are driving investor confidence, though luxury property oversupply remains a concern for high-end segments.
| Property Type | Average Price per sqm (2025) | Rental Yield | Market Status |
|---|---|---|---|
| Beachfront Apartments | $2,500 - $3,550 | 6-8% | High demand |
| Suburban Apartments | $1,200 - $3,100 | 6-8% | Steady growth |
| Luxury Condos (Hai Chau) | Up to $6,000 | 1.5-2% | Oversupply |
| Houses/Villas | $1,173 - $3,753 | 7-9% | Strong yields |
| Commercial Retail | Varies | 8-10% | Tourist-driven |
| Central Land Plots | $1,600 - $1,800 | N/A | 20% growth in 2025 |
| Office Spaces | Varies | 5-7% | Business expansion |
What's the current average price per square meter for apartments and houses in Da Nang?
As of September 2025, Da Nang property prices vary significantly by location and property type.
Prime beachfront apartments in popular areas command between $2,500 and $3,550 per square meter, while suburban apartment units range from $1,200 to $3,100 per square meter. The most expensive luxury apartments in Hai Chau district can reach up to $6,000 per square meter.
For houses, the median price sits around $167,500, with price per square meter ranging from $1,173 for townhouses to $3,753 for single-family homes. Condominiums have a median price of $2,598 per square meter across the city.
Central district land plots are particularly expensive, selling for $1,600 to $1,800 per square meter, with prices surging 20% in 2025 alone due to limited supply and high demand.
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How have property prices in Da Nang changed over the past 5 years?
Da Nang has experienced remarkable property price appreciation over the past five years.
Overall prices have risen 59% from 2019 to 2024, with the most dramatic increases occurring in the past two years. This growth rate has outpaced many global markets and positioned Da Nang as one of Vietnam's fastest-appreciating property markets.
Apartment prices specifically jumped from $1,960 per square meter in 2023 to the current range of $2,500–$3,550 per square meter in 2025, representing a 27-81% increase in just two years. This acceleration has been driven by legal reforms making foreign investment easier, infrastructure improvements, and growing recognition of Da Nang as a premier investment destination.
Transaction volumes have also increased substantially, with foreign participation growing alongside domestic investment interest.
What's the current rental yield for apartments, houses, and commercial properties in Da Nang?
| Property Type | Average Yield (%) | Market Characteristics |
|---|---|---|
| Apartments | 6-8% | Prime units popular with expats |
| Villas/Houses | 7-9% | Higher-end properties with steady demand |
| Office Spaces | 5-7% | Driven by business growth |
| Retail Spaces | 8-10% | Tourist and commercial hotspots |
| Luxury Properties | 1.5-2% | Market oversupply affecting yields |
| Mid-range Homes | 3-5.7% | Popular with local professionals |
How strong is demand from foreign buyers compared to local buyers right now?
Foreign buyers represent a small but growing segment of Da Nang's property market in 2025.
International buyers comprise only 2-3% of total transactions, with Korean and Chinese investors being the most active foreign nationalities. The majority of property purchases still come from domestic buyers, particularly from Hanoi (65% of buyers) and Da Nang locals (20%), with the remaining 15% from Ho Chi Minh City.
However, foreign interest is rising significantly due to recent legal reforms in 2023-2024 that have streamlined the foreign ownership process and improved infrastructure attracting international attention. The tourism recovery and new flight routes have also increased foreign awareness of Da Nang as an investment destination.
Local demand remains the dominant force, driven by Da Nang's growing status as Vietnam's third-largest economic hub and its appeal to professionals relocating from other major cities.
What new infrastructure or urban development projects are planned that could impact property values?
Da Nang is undergoing massive infrastructure transformation with several game-changing projects scheduled for completion through 2027.
The Lien Chieu Port represents the largest infrastructure investment, transforming northwest Da Nang into a major logistics hub. The airport expansion project is boosting tourism capacity and international connectivity, directly benefiting short-term rental markets.
The $445 million Thuan Phuoc Urban Area project spans 97 hectares and includes a mix of residential units, villas, apartments, and commercial spaces that will reshape the Son Tra Peninsula. Additionally, 33 infrastructure projects are planned for the future free trade zone, including roads, logistics facilities, resettlement areas, and high-tech zones.
The Da Nang Landmark Tower, a Japanese-standard luxury complex scheduled for completion by 2027, will add 446 premium units to the market and set new quality benchmarks for the city.
These projects are expected to significantly boost property values in their respective areas, particularly in northwest Da Nang near the port and the Son Tra Peninsula.
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How many new housing and condo units are expected to come onto the market in the next 2–3 years?
Da Nang's property supply pipeline is robust, with significant new developments planned through 2027.
For 2025 alone, 4,541 new apartment units are launching, with a healthy absorption rate of 65%. The most active areas for new launches are Ngu Hanh Son and Son Tra districts, which are seeing the strongest developer activity.
The Da Nang Landmark Tower will contribute 446 luxury units when completed in 2027, targeting the high-end market segment. Major urban and mixed-use projects, including the Thuan Phuoc Urban Area development, could add thousands of additional units, particularly in the Son Tra Peninsula and central districts.
Infrastructure-related developments and the free trade zone projects will likely trigger additional residential construction to house the growing workforce, though specific unit counts for these secondary developments haven't been finalized.
What are the current mortgage interest rates in Vietnam and how easy is it for locals and foreigners to access financing?
Mortgage financing in Da Nang has become more accessible for both locals and foreigners in 2025.
Current interest rates range from 5.2% to 5.6% fixed for up to three years, with loan terms extending up to 40 years. These rates apply to both Vietnamese nationals and qualifying foreign buyers.
Access to financing has improved significantly following the 2023-2024 legal reforms. Banks now offer more flexible payment plans to qualifying foreigners, though most require either Vietnamese residency status or long-term work contracts in Vietnam.
Vietnamese locals generally have easier access to financing with lower down payment requirements, while foreigners typically need to provide additional documentation and may face higher down payment thresholds depending on their residency status and income source.
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Which neighborhoods in Da Nang are seeing the fastest growth in property prices and why?
Three distinct areas are leading Da Nang's property price growth in 2025.
Hai Chau District shows the highest growth and absolute prices, reaching up to $6,000 per square meter for luxury units. This growth stems from the district's commercial importance, limited land availability, and its status as the city's business and administrative center.
Son Tra and Ngu Hanh Son districts are experiencing rapid appreciation due to their beachfront appeal, ongoing infrastructure upgrades, and strong tourism demand. These areas benefit from both residential and short-term rental investment interest.
Northwest Da Nang, particularly areas near the new Lien Chieu Port, represents the fastest emerging growth zone. Properties here are appreciating rapidly due to the logistics and industrial development potential, offering investors early-stage opportunities before full development completion.
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 are the main risks investors should consider in Da Nang's property market right now?
Several key risks require careful consideration for Da Nang property investors in 2025.
Luxury property oversupply represents the most immediate concern, with many high-end units remaining unsold and pushing yields down to 1.5-2% for premium properties. This oversupply particularly affects condotels and resort-style developments.
Liquidity issues are emerging for certain property types, with villas and townhouses experiencing slower sales cycles compared to apartments. Market saturation in specific segments, especially luxury condos, could lead to extended selling periods.
Regulatory changes remain a potential risk, as Vietnam continues to refine its foreign ownership policies and property laws. Economic volatility from global events could impact tourism flows and foreign direct investment, directly affecting rental demand and property appreciation.
Investors should also consider the concentration risk of investing in a single city that heavily depends on tourism and manufacturing sectors.
How is tourism recovery after COVID affecting short-term rental demand in Da Nang?
Tourism recovery has been exceptionally strong for Da Nang, creating robust short-term rental opportunities.
Da Nang expects 11.9 million visitors in 2025, representing a 10% increase from 2024 and surpassing pre-pandemic levels. Peak Airbnb occupancy reached 61% in 2025, significantly boosting short-term rental yields for apartments and villas.
New international flight routes and flagship tourism events have strengthened the city's position as a premier Southeast Asian destination. The recovery has been particularly strong for beachfront properties, which command premium rates during peak tourism seasons.
Higher international arrivals have created year-round demand for short-term rentals, moving beyond the traditional seasonal patterns and providing more stable income streams for property investors focused on the rental market.
What are the government's current policies or restrictions for foreign ownership in Da Nang real estate?
Foreign ownership policies in Da Nang have been significantly liberalized under recent legal reforms.
The new 2023 Housing Law and 2024 Land Law have streamlined foreign ownership processes, allowing eligible foreigners to own property in certain buildings and projects with proper title deeds. The approval process has been simplified compared to previous regulations.
However, important limitations remain: foreigners still face restrictions on direct land purchases and multiple unit ownership within the same building or project. All foreign property acquisitions require final appraisal and approval from local authorities.
The reforms have made Da Nang more accessible to international investors while maintaining regulatory oversight to ensure controlled foreign participation in the local property market.
It's something we develop in our Vietnam property pack.
What do analysts and local real estate agencies predict for Da Nang's property prices over the next 3–5 years?
Market analysts maintain optimistic forecasts for Da Nang's property market through 2030.
Strong and steady appreciation is predicted, particularly for mid-range properties and coastal district developments. Price growth for apartments is expected to moderate to 3-7% annually as the market matures, moving away from the explosive growth of recent years.
Land and premium properties in infrastructure-development zones may see sharper increases driven by the completion of major projects like the Lien Chieu Port and urban area developments. Analysts expect these infrastructure-adjacent properties to outperform the broader market.
Rental yields are projected to remain stable or rise slightly as tourism continues expanding and foreign investment increases. The combination of infrastructure development, tourism growth, and economic expansion should support sustained property appreciation, though at a more moderate pace than the 59% growth seen from 2019-2024.
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.
The combination of strong rental yields, major infrastructure development, and tourism recovery creates a favorable investment environment, though careful property selection and market timing remain crucial for success.
Sources
- BambooRoutes - Da Nang Price Forecasts
- BambooRoutes - Da Nang Real Estate Market
- Own Property Abroad - Vietnam House Price Trends
- VnEconomy - Real Estate Market 2025
- VietnamNet - Housing Market Pressures
- VietnamNet - Property Price Surge Analysis
- Beach and Houses - Da Nang Rental Yields
- BambooRoutes - Da Nang Property Analysis
- BambooRoutes - Da Nang Real Estate Forecasts
- LinkedIn - CVR Central Vietnam Realty Market Report
-Da Nang Property Buying Process Guide
-Da Nang Property Taxes and Fees
-How Much Does Property Cost in Da Nang
-How to Invest in Da Nang Property
-Should You Buy Property in Da Nang
-How to Buy a House in Da Nang
-Average Price Per Square Meter in Da Nang