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
Quang Ninh is becoming a hotspot for property buyers thanks to Ha Long Bay tourism and strong infrastructure investment from Hanoi.
This guide breaks down what you can realistically buy at different budget levels in Quang Ninh in 2026, from $100k studios to $500k premium condos.
We constantly update this blog post to reflect the latest housing prices in Quang Ninh and the current market conditions for foreign buyers.
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 Quang Ninh.
What can I realistically buy with $100k in Quang Ninh right now?
Are there any decent properties for $100k in Quang Ninh, or is it all scams?
Yes, you can find decent properties for around $100,000 (about 2.6 billion VND) in Quang Ninh, but the cleanest option for foreigners is typically a condo in an eligible commercial housing project rather than land.
For a $100k budget in Quang Ninh, the neighborhoods offering the best value and most legitimate options include Ha Khanh, Ha Khau, and parts of Hong Gai on the more local side of Ha Long, while Hung Thang and inland blocks of Bai Chay can also work if you shop carefully.
It is possible to buy in popular areas like Bai Chay for $100k, but expect "small" to mean truly small, often around 30 to 45 square meters for a studio or one-bedroom unit, and you will be shopping for the best deal rather than the best view.
What property types can I afford for $100k in Quang Ninh (studio, land, old house)?
For $100,000 (2.6 billion VND) in Quang Ninh, the most realistic property types are studio apartments or compact one-bedroom condos, typically ranging from 30 to 45 square meters depending on the building and location.
At the $100k price point in Quang Ninh, buyers should expect units that may need cosmetic updates like paint, fixtures, or air conditioning, unless you find a newer building with a smaller unit size included in that budget.
For long-term value at this budget level in Quang Ninh, a condo in a well-managed building with clear legal status tends to offer the best balance of resale liquidity and rental potential, since land-linked properties create far more legal complexity for foreign buyers.
What's a realistic budget to get a comfortable property in Quang Ninh as of 2026?
As of early 2026, the realistic minimum budget to get a comfortable property in Quang Ninh is around 3.9 to 4 billion VND, which translates to approximately $150,000 or about 140,000 EUR.
Most buyers looking for a comfortable standard in Quang Ninh typically need a budget ranging from 3.9 to 6.5 billion VND ($150,000 to $250,000 or 140,000 to 235,000 EUR), depending on their preferences for size, view, and building quality.
In Quang Ninh, "comfortable" generally means a one-bedroom-plus or smaller two-bedroom condo in a well-maintained building, with good natural light, functional kitchen and bathroom, and ideally some amenities like security or parking included.
The required budget can vary significantly by neighborhood in Quang Ninh, with prime Bai Chay waterfront areas commanding higher prices per square meter than more local-focused neighborhoods like Hong Gai or Quang Yen.
What can I get with a $200k budget in Quang Ninh as of 2026?
What "normal" homes become available at $200k in Quang Ninh as of 2026?
As of early 2026, a $200,000 budget (about 5.2 billion VND) in Quang Ninh typically opens the door to a more standard one-bedroom-plus or two-bedroom condo in Ha Long, often in better-maintained buildings with improved layouts and natural light.
For that budget in Quang Ninh, you can typically expect a unit size ranging from 60 to 90 square meters (about 650 to 970 square feet), with more space available if you choose areas slightly outside the most touristic strips.
By the way, we have much more granular data about housing prices in our property pack about Quang Ninh.
What places are the smartest $200k buys in Quang Ninh as of 2026?
As of early 2026, the smartest neighborhoods for a $200k (5.2 billion VND) purchase in Quang Ninh include Hong Gai for its local CBD feel, Ha Khanh and Ha Khau for better value per square meter, and inland pockets of Bai Chay or Hung Thang where you still get the lifestyle without paying the maximum tourist premium.
These areas are smarter buys than other $200k options in Quang Ninh because they offer a stronger balance between purchase price and resale audience, meaning both local Vietnamese buyers and Hanoi-based second-home seekers are potential future purchasers.
The main growth factor driving value in these smart-buy areas of Quang Ninh is the combination of continued infrastructure investment, growing domestic tourism to Ha Long Bay, and increasing interest from buyers in provinces like Quang Ninh that are connected to Hanoi's expanding economic corridor.
What can I buy with $300k in Quang Ninh in 2026?
What quality upgrade do I get at $300k in Quang Ninh in 2026?
As of early 2026, moving from $200k to $300k (about 7.8 billion VND) in Quang Ninh typically buys you a newer building, a better view or positioning closer to the bay, and a true two-bedroom layout with more livable common spaces rather than just two small bedrooms squeezed together.
Yes, $300k can often buy a property in a newer building in Quang Ninh right now, especially if you are flexible about being slightly off the most premium waterfront strip in Bai Chay or Hung Thang.
At this budget level in Quang Ninh, specific features that typically become available include modern finishes, better building management and amenities, improved floor plans with actual storage space, and often some bay views or proximity to main roads and services.
Can $300k buy a 2-bedroom in Quang Ninh in 2026 in good areas?
As of early 2026, yes, $300k (7.8 billion VND) can buy a good-area two-bedroom condo in Ha Long, though it may get tight if you insist on top-tier bayfront, high floor, modern amenities, and perfect legal clarity all at once.
Specific good areas in Quang Ninh where you can find two-bedroom options at this budget include Bai Chay, Hung Thang, parts of Tuan Chau, and Hong Gai for a more local-center feel.
A $300k two-bedroom in Quang Ninh typically offers around 65 to 90 square meters (about 700 to 970 square feet), depending on the exact building and micro-location within Ha Long.
Which places become "accessible" at $300k in Quang Ninh as of 2026?
At the $300k (7.8 billion VND) price point in Quang Ninh, neighborhoods that become accessible include Tuan Chau-adjacent lifestyle options and premium projects in Bai Chay and Hung Thang where you are no longer forced into the smallest unit type.
These newly accessible areas are more desirable than lower-budget options in Quang Ninh because they offer proximity to Ha Long Bay's main tourism attractions, better building quality, and stronger potential for rental income from both tourists and domestic visitors.
For $300k in these newly accessible areas of Quang Ninh, buyers can typically expect a well-finished two-bedroom condo with views, modern amenities, and access to the lifestyle infrastructure that makes Ha Long attractive to both residents and visitors.
By the way, we've written a blog article detailing what are the current best areas to invest in property in Quang Ninh.
What does a $500k budget unlock in Quang Ninh in 2026?
What's the typical size and location for $500k in Quang Ninh in 2026?
As of early 2026, a $500,000 budget (about 13 billion VND) in Quang Ninh typically unlocks a large premium condo of 90 to 120 square meters (about 970 to 1,290 square feet) in prime Ha Long locations like Bai Chay, Hung Thang, or Tuan Chau.
Yes, $500k can buy a family home with outdoor space in Quang Ninh from a price perspective, but foreigners should treat landed property as legally higher-friction than condos and plan for proper legal structuring and verification before committing.
At $500k in Quang Ninh, the typical number of bedrooms available is two to three, with two or more bathrooms, often including larger terraces or balconies in some of the better buildings.
Finally, please note that we cover all the housing price data in Quang Ninh here.
Which "premium" neighborhoods open up at $500k in Quang Ninh in 2026?
At the $500k (13 billion VND) price point in Quang Ninh, premium neighborhoods that open up include Tuan Chau for its island and leisure positioning, prime pockets of Bai Chay waterfront facing the bay, and the most view-locked, amenity-heavy projects in Hung Thang.
These neighborhoods are considered premium in Quang Ninh because they offer direct Ha Long Bay views, proximity to tourism infrastructure like Sun World and the marina, and the scarcity factor of limited waterfront or island-adjacent land.
For $500k in these premium Quang Ninh neighborhoods, buyers can realistically expect a spacious two-to-three-bedroom condo with high-end finishes, bay views, and access to resort-style amenities within the building or immediate vicinity.
What counts as "luxury" in Quang Ninh in 2026?
At what amount does "luxury" start in Quang Ninh right now?
In Quang Ninh, luxury real estate typically starts at around 18 billion VND, which is approximately $700,000 or about 660,000 EUR, when you are paying for location, view, and brand or amenities rather than just square meters.
The entry point to luxury in Quang Ninh is defined by features like direct Ha Long Bay views, branded or resort-managed buildings, high-end finishes, and access to exclusive amenities such as private beaches, yacht clubs, or premium spas.
Compared to major Vietnamese cities like Hanoi or Ho Chi Minh City, the luxury threshold in Quang Ninh is generally lower in absolute terms, but the product is more tourism and lifestyle-driven rather than CBD-finance-driven.
The typical price range for mid-tier luxury in Quang Ninh runs from 18 to 26 billion VND ($700,000 to $1,000,000 or 660,000 to 940,000 EUR), while top-tier luxury villas and penthouses can exceed 26 billion VND ($1 million plus).
Which areas are truly high-end in Quang Ninh right now?
The truly high-end areas in Quang Ninh right now are Tuan Chau island, the prime Bai Chay waterfront facing directly onto Ha Long Bay, and the most exclusive pockets of Hung Thang with newer tower developments and direct bay access.
These areas are considered truly high-end in Quang Ninh because they combine scarcity of supply (limited waterfront land), direct views of the UNESCO-listed Ha Long Bay, proximity to major tourism attractions, and often branded or internationally-managed property options.
The typical buyer profile for these high-end areas in Quang Ninh includes wealthy Vietnamese families from Hanoi seeking second homes, domestic investors looking for tourism-driven rental returns, and some international buyers attracted by the Ha Long Bay lifestyle and Vietnam's relatively accessible foreign ownership rules for condos.
How much does it really cost to buy, beyond the price, in Quang Ninh in 2026?
What are the total closing costs in Quang Ninh in 2026 as a percentage?
As of early 2026, the total closing costs for buying property in Quang Ninh typically range from about 1% to 3% of the purchase price for a resale condo, though new developer sales can push higher due to VAT and building fund obligations.
The realistic low-to-high percentage range that covers most standard transactions in Quang Ninh is 1.0% to 3.5%, with the lower end applying to straightforward resale condos and the higher end to new developer purchases with additional fees.
The specific fee categories that most commonly make up that total percentage in Quang Ninh include registration fees (typically 0.5%), notary fees, legal and translation services, and for new builds, potential VAT and apartment building maintenance fund contributions.
To avoid hidden costs and bad surprises, you can check our our pack covering the property buying process in Quang Ninh.
How much are notary, registration, and legal fees in Quang Ninh in 2026?
As of early 2026, the combined cost for notary, registration, and legal fees in Quang Ninh typically ranges from 30 to 80 million VND (about $1,150 to $3,100 or 1,100 to 2,900 EUR) depending on the property value and complexity of the transaction.
These fees typically represent around 0.8% to 2.0% of the property price in Quang Ninh, with registration fees being the most predictable at 0.5% and legal or translation services adding variable costs on top.
Of these three fee types, the registration fee is usually the most expensive single line item in Quang Ninh at 0.5% of the registered value, while notary fees are governed by a Ministry of Finance framework and tend to be a smaller fraction of the total.
What annual property taxes should I expect in Quang Ninh in 2026?
As of early 2026, the annual property tax for a typical property in Quang Ninh is quite low, often just a few hundred thousand VND per year (under $50 or about 45 EUR) for the non-agricultural land use tax on condos.
Annual property taxes in Quang Ninh typically represent around 0.03% of property value for standard residential use, which is much lower than property tax burdens in many Western countries.
Property taxes in Quang Ninh can vary based on property type and location, with landed property potentially facing higher assessments, but for most condo buyers, the monthly building service fees (often 15,000 to 25,000 VND per square meter) will feel more significant than the annual tax itself.
Certain exemptions or reductions may be available for Vietnamese citizens or specific property types, but foreigners buying condos in Quang Ninh should not expect major tax breaks and should budget for both the low annual tax and recurring building maintenance obligations.
You can find the list of all property taxes, costs and fees when buying in Quang Ninh here.
Is mortgage a viable option for foreigners in Quang Ninh right now?
For most foreigners, obtaining a mortgage in Quang Ninh is not a realistic primary financing strategy, as Vietnamese banks typically require strong local documentation such as residency or work permits and verifiable Vietnam-based income.
When mortgages are available to qualifying foreigners in Vietnam, typical loan-to-value ratios are conservative at around 50% to 70%, and interest rates run higher than many Western markets, often between 8% and 12% annually depending on the bank and borrower profile.
Foreign buyers who do qualify for a mortgage in Quang Ninh typically need to provide proof of legal residency or work status in Vietnam, income verification from a Vietnamese employer, a valid passport and visa documentation, and sometimes a local co-signer or guarantor.
If you want to learn more about the whole process, please check our property pack about Quang Ninh.
What should I predict for resale and growth in Quang Ninh in 2026?
What property types resell fastest in Quang Ninh in 2026?
As of early 2026, the property types that resell fastest in Quang Ninh are standard one-to-two-bedroom condos in well-managed buildings with clean legal status, as these appeal to the largest buyer pool including both local residents and Hanoi-based second-home seekers.
The typical time on market to sell a property in Quang Ninh is around 2 to 5 months for a well-priced mainstream condo, while premium or luxury properties with higher price tags may take 6 to 12 months to find the right buyer.
In Quang Ninh specifically, properties sell faster when they are priced to attract both domestic tourism investors looking for rental income and local Vietnamese families, rather than relying solely on foreign buyer interest which represents a smaller pool.
The slowest-selling property types in Quang Ninh tend to be condotel or hometel units where the legal status blurs between residential and commercial use, as well as very high-priced luxury villas that depend on a narrow pool of wealthy buyers with specific lifestyle requirements.
If you're interested, we cover all the best exit strategies in our real estate pack about Quang Ninh.
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 Quang Ninh, 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 | Why It's Authoritative | How We Used It |
|---|---|---|
| Batdongsan.com.vn (Quang Ninh Condos) | Vietnam's largest property portal with real-time listing data. | We used it to anchor early 2026 asking prices for Quang Ninh condos. We also pulled price-per-square-meter examples to translate USD budgets into realistic unit sizes. |
| Batdongsan.com.vn (Ha Long Land) | High-volume marketplace with constantly updated land price ranges. | We used it to estimate land and townhouse pricing in Ha Long. We also used active listing areas as a check for neighborhood-level liquidity. |
| Vietcombank Exchange Rates | Major state-linked bank publishing daily reference exchange rates. | We used it to convert USD budgets into VND using January 2026 bank quotes. We also used it to keep affordability math grounded in real currency conditions. |
| Decree 10/2022/ND-CP (Registration Fees) | Official government legal text for property registration fees. | We used it to set the 0.5% registration fee assumption for closing costs. We also used it to align cost modeling with actual legal requirements. |
| Circular 257/2016/TT-BTC (Notary Fees) | Government circular defining notarial service fee frameworks. | We used it to ground the notary line item in closing-cost calculations. We also used it to explain why notary fees are modest relative to purchase prices. |
| Vietnam Briefing (Foreign Ownership) | Established business and regulatory explainer citing underlying laws. | We used it to cross-check practical foreign ownership constraints for Quang Ninh. We also used it to keep the foreigner checklist aligned with current implementation. |
| Baker McKenzie (Housing Law 2023) | Top-tier international law firm with reliable legal analysis. | We used it to triangulate foreign ownership rules against another credible source. We also used it to avoid oversimplifying the foreigner buying story. |
| Savills Vietnam Market Reports | One of the most recognized real estate research firms globally. | We used it to benchmark what Vietnam considers mid-range and high-end pricing. We also used it to ensure Quang Ninh estimates fit national market tiering. |
| CBRE Vietnam Market Outlook | Global research house with structured Vietnam outlook reports. | We used it to triangulate the liquidity and sell-through story for Quang Ninh. We also used it to connect local market dynamics to national cycles. |
| Law 48/2010 (Land Use Tax) | Primary legal text for the recurring land-use tax in Vietnam. | We used it to estimate annual holding costs for property in Quang Ninh. We also used it to explain why annual tax burdens are low compared to many countries. |
| Savills Vietnam (Apartment Fees Explainer) | Clear explainer from a top firm tying fees to Vietnamese practice. | We used it to separate recurring service fees from one-time maintenance obligations. We also used it to explain hidden costs in a simple way for buyers. |
| KPMG Vietnam Tax Handbook | Big-4 accounting firm handbook on Vietnam taxes and legal obligations. | We used it as a triangulation layer so the tax story is not based on one source. We also used it to sanity-check buyer versus seller tax responsibilities. |
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