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Is Da Nang property market booming Vietnam?

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Authored by the expert who managed and guided the team behind the Vietnam Property Pack

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Da Nang's property market is experiencing remarkable growth in 2025, with prices rising across all segments and strong demand from both domestic and foreign investors. Infrastructure expansion, tourism recovery, and streamlined foreign ownership laws are driving this momentum, making Da Nang one of Vietnam's hottest real estate markets.

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.

How this content was created 🔎📝

At BambooRoutes, we explore the Vietnamese real estate market every day. Our team doesn't just analyze data from a distance—we're actively engaging with local realtors, investors, and property managers in cities like Ho Chi Minh City, Hanoi, and Da Nang. This hands-on approach allows us to gain a deep understanding of the market from the inside out.

These observations are originally based on what we've learned through these conversations and our observations. But it was not enough. To back them up, we also needed to rely on trusted resources

We prioritize accuracy and authority. Trends lacking solid data or expert validation were excluded.

Trustworthiness is central to our work. Every source and citation is clearly listed, ensuring transparency. A writing AI-powered tool was used solely to refine readability and engagement.

To make the information accessible, our team designed custom infographics that clarify key points. We hope you will like them! All illustrations and media were created in-house and added manually.

What is the current demand for real estate in Da Nang?

Real estate demand in Da Nang is surging across both residential and commercial segments as of September 2025.

Transaction volumes have increased sharply compared to previous years, with most buyers being financially capable domestic residents and Vietnamese investors from Hanoi and Ho Chi Minh City. Foreign buyers represent 2-3% of the market, primarily from Korea and China.

The strongest demand is concentrated in beachfront areas and central districts, where properties offer higher rental yields and appreciation potential. Both end-users looking for homes and investors seeking rental income are driving this robust demand.

Coastal properties and premium apartments in districts like Ngu Hanh Son are experiencing particularly high buyer interest, often selling within weeks of being listed.

It's something we develop in our Vietnam property pack.

How have property prices in Da Nang changed over the last year?

Da Nang property prices have risen significantly across all segments in 2025, with some areas seeing dramatic increases.

Beachfront apartments increased 3-7% year-on-year, now averaging $2,500-$3,550 per square meter. Premium apartments in Ngu Hanh Son district jumped 42.6% to $2,693 per square meter, representing the strongest growth in the city.

Land plots experienced the most dramatic price surge, rising 20% in 2025 alone, with central district prices reaching $1,600-$1,800 per square meter. Suburban apartments showed more moderate increases due to affordability-driven demand from middle-income buyers.

Commercial properties also appreciated strongly, though specific percentage increases vary by location and property type. Areas near new infrastructure projects typically see price premiums of 15-25% above comparable properties elsewhere.

These price increases reflect the market's strong fundamentals and growing investor confidence in Da Nang's long-term prospects.

What factors are driving the growth of Da Nang's property market?

Several key factors are propelling Da Nang's property market growth in 2025.

1. **Major Infrastructure Development**: Lien Chieu Port expansion, new expressways, airport improvements, and planned metro lines are transforming the city's connectivity and attractiveness to investors.2. **Tourism Recovery**: With 11.9 million expected visitors in 2025, the tourism boom is boosting demand for hospitality properties, vacation homes, and rental accommodations.3. **Legal Reforms**: 2023-2024 changes to Land and Housing Laws have simplified foreign ownership processes and improved market transparency.4. **Economic Growth**: Da Nang's expanding industrial zones and free trade areas are attracting businesses and creating jobs, increasing housing demand.5. **Government Support**: Strategic development incentives and smart city initiatives are encouraging both domestic and foreign investment in the real estate sector.

Is there a strong foreign investment presence in Da Nang real estate?

Foreign investment in Da Nang real estate is growing rapidly, though it still represents a smaller portion compared to domestic buyers.

Foreign investors currently make up 2-3% of the market, with Korean and Chinese buyers leading this segment. Recent legal reforms have streamlined the purchasing process, making it easier for foreigners to buy condominiums, villas, and serviced apartments.

The Vietnamese government is actively targeting buyers from China, South Korea, and Japan with specific incentives and simplified procedures. Popular investment segments include beachfront condominiums, premium apartments, and hospitality-oriented assets like condotels.

Foreign investors are particularly attracted by Da Nang's affordable pricing compared to other Southeast Asian coastal cities, attractive rental yields of 3-4%, and strong appreciation potential. The city's improving infrastructure and tourism growth add to its investment appeal.

As legal processes continue to improve and international awareness grows, foreign investment presence is expected to increase significantly over the next few years.

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How does Da Nang's property market compare to other cities in Vietnam?

Da Nang's property market is outperforming other Vietnamese cities in terms of growth and investment appeal.

While property prices in Da Nang remain more affordable than in Hanoi or Ho Chi Minh City, the gap is narrowing due to rapid appreciation. Da Nang's market grew 46.2% in Q3 2024, surpassing the performance of Vietnam's larger real estate markets.

Compared to the capital cities, Da Nang offers better value for money with higher rental yields and stronger growth potential. The city's coastal location, tourism appeal, and infrastructure development give it advantages that inland cities lack.

Transaction volumes and foreign investor interest in Da Nang are increasing faster than in most other Vietnamese cities, except for Ho Chi Minh City and Hanoi. However, Da Nang's smaller market size allows for more significant percentage gains when demand increases.

The city's strategic location as a central Vietnam hub, combined with government focus on developing it as a smart city, positions it favorably against regional competitors.

What types of properties are most in demand in Da Nang?

Several property types are experiencing particularly strong demand in Da Nang's current market.

Property Type Demand Level Key Buyers
Beachfront Apartments Very High Foreign investors, vacation home buyers
Premium Mid-end Apartments High Domestic investors, middle-class families
Central City Condos High Young professionals, investors
Land Plots (Urban/Satellite Districts) Very High Developers, long-term investors
Serviced Apartments/Condotels High Tourism-focused investors
Luxury Villas Moderate High-net-worth individuals
Commercial Properties High Business investors, REITs

Are there any upcoming infrastructure projects that will impact the property market in Da Nang?

Multiple major infrastructure projects are set to transform Da Nang's property landscape over the next few years.

The Lien Chieu Port expansion and connected industrial parks will create significant commercial and residential demand in the northern districts. Da Nang International Airport is undergoing major expansion to handle increased tourist and business traffic.

New expressways including the Hoa Lien-Tuy Loan and Da Nang-Kon Tum routes will improve connectivity to neighboring provinces and reduce travel times. Planned metro and public transit lines will enhance urban mobility and make previously less accessible areas more attractive for development.

Smart city initiatives include upgrading utilities, implementing green infrastructure, and developing technology parks that will attract tech companies and skilled workers. These projects typically increase property values by 15-25% in surrounding areas.

The government has committed significant funding to these infrastructure improvements, with most projects scheduled for completion between 2025-2028. Areas near these developments are already seeing increased investor interest and property speculation.

How has the tourism industry affected property sales in Da Nang?

Tourism recovery is playing a crucial role in driving Da Nang's property market growth in 2025.

With 11.9 million expected visitors in 2025, tourism demand is boosting sales of hospitality-oriented properties, vacation homes, and short-term rental accommodations. Coastal districts are experiencing the strongest impact, with beachfront properties commanding premium prices.

The tourism boom is increasing rental yields for apartments and condos suitable for short-term letting, making these properties more attractive to investors. Many buyers are purchasing with the specific intention of renting to tourists through platforms like Airbnb.

Hotels, resorts, and serviced apartment projects are seeing strong pre-sales, with developers confident about future occupancy rates. The recovery has also increased demand for commercial properties like restaurants, retail spaces, and entertainment venues.

It's something we develop in our Vietnam property pack.

infographics rental yields citiesVietnam

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.

Are there any government policies or incentives influencing the property market?

Recent government policies are significantly supporting Da Nang's property market growth.

The 2023-2024 Land and Housing Law reforms have improved transparency and simplified procedures for both domestic and foreign buyers. These changes include streamlined foreign ownership processes and clearer property rights documentation.

Government incentives specifically target strategic development zones and free-trade areas, offering tax breaks and simplified approval processes for qualifying projects. Smart city initiatives receive additional support through favorable policies and infrastructure investment.

Foreign investment incentives include reduced bureaucracy, faster approval times, and specific programs targeting investors from China, South Korea, and Japan. The government has also improved legal frameworks to protect foreign investor rights.

Local authorities in Da Nang are actively promoting the city as an investment destination, with policies designed to attract both residential and commercial real estate development. These supportive policies are expected to continue as the government prioritizes Da Nang's development as a central Vietnam hub.

What is the outlook for property prices in Da Nang over the next few years?

Property price forecasts for Da Nang remain positive through 2027, with continued appreciation expected across most segments.

Premium and coastal districts are forecast to lead price appreciation, driven by ongoing infrastructure development, tourism expansion, and limited supply of prime beachfront properties. Central city areas will likely see steady growth as urban development continues.

Market analysts predict that current growth rates may moderate slightly as the market matures, but overall trends remain strongly upward. Infrastructure project completions between 2025-2028 should provide additional price support in affected areas.

Some factors could influence this outlook, including potential changes to foreign investment policies or excessive speculation in certain segments. However, the fundamental drivers of growth - tourism, infrastructure, and economic development - appear sustainable.

Long-term prospects through 2027 look strong based on favorable demographics, continued government support, and Da Nang's strategic position in central Vietnam. Investors can expect continued appreciation, though rates may vary by property type and location.

Is the rental market in Da Nang growing alongside the property market?

Da Nang's rental market is expanding rapidly alongside property sales, driven by multiple demand sources.

Rising tourist arrivals are creating strong demand for short-term rentals, while job growth in industrial zones and service sectors is boosting long-term rental demand from professionals and expats. University students and young workers also contribute to steady rental demand.

Rental yields remain attractive at 3-4% annually, supporting continued investor interest in buy-to-let properties. Coastal areas command higher rental rates, especially during peak tourist seasons from November to April.

The rental market benefits from improved property management services and online platforms that make it easier for property owners to find tenants. Both furnished and unfurnished rentals are in demand, depending on the target tenant profile.

Growing expatriate communities and business travelers are creating demand for premium rental accommodations, particularly serviced apartments and high-end condos. This trend supports both rental income and property values in the premium segment.

What are the risks associated with investing in Da Nang real estate right now?

While Da Nang's property market shows strong growth, several risks should be considered before investing.

1. **Market Segmentation Risk**: Some suburban or speculative zones show slower absorption of new supply, potentially leading to oversupply in certain areas.2. **Policy Change Risk**: Future restrictions on foreign investors could slow market growth or affect return on investment for international buyers.3. **Liquidity Concerns**: Luxury villas and townhouses remain less liquid than apartments and land plots, making them harder to sell quickly if needed.4. **Speculation Risk**: Rapid price increases in some segments may not be sustainable if driven purely by speculation rather than fundamentals.5. **Currency Risk**: Foreign investors face potential losses from Vietnamese dong fluctuations against their home currencies.

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.

Sources

  1. Da Nang Real Estate Market Heats Up - Bao Da Nang
  2. Da Nang Real Estate Market Report H1 2025 - Central Vietnam Realty
  3. Da Nang Price Forecasts - BambooRoutes
  4. Da Nang Real Estate Market Outlook 2025 - Beach and Houses
  5. Real Estate Market 2025 Change for the Better - VN Economy
  6. Why Foreign Investors Are Flocking to Da Nang - CVR
  7. Latest News on Supply and Demand - Da Nang Villa Realty
  8. Da Nang Real Estate Market - BambooRoutes