After a long period of silence, the market for vacation property, especially sea villas, is showing signs of recovery. The cause may be from the trend of resort real estate increased in coastal provinces accompanied by the economic recovery.
The development of transport infrastructure also affects the decision of the investors. According to statistics from the Binh Thuan Tourism Department, in the first nine months of 2018, over 4 million visitors came here, an increase of 11.4% over the same period in 2017. In particular, upgraded transport infrastructure is a major factor. Convenient transportation attracts more tourists and investors to this place.
A series of large projects are being prepared and expected to soon turn Binh Thuan into a center of international sea tourism. In February, the Phan Thiet – Dau Giay route with 98 km long and the 113km Vinh Hao – Phan Thiet highway officially started with a total investment of more than 20,000 billion VND. These two projects will be finished in 2020, helping to shorten the travel time from Ho Chi Minh City to Phan Thiet to 2 hours drive. In addition, it is expected that Phan Thiet Airport (Binh Thuan Province) will be put into use to create a breakthrough for Phan Thiet tourism in the fourth quarter of next year.
Benefited from this positive change, a lot of big investors are investing in many big projects in Binh Thuan, contributing to create a strong attraction for the project. Some potential projects are Pérolas Villas Resort of Thủ Thiêm Real, Nova Hill Mũi Né of Novaland Group and Sentosa Villa of Hưng Thịnh corporation. These projects are aimed at paying special attention to real value in the direction of sustainable development. In that, It can bring relaxation to the customer, be friendly with nature, and bring many economic benefits to the investor at the same time.
Hopefully, in the coming time, Binh Thuan will again be one of the major tourist attractions in Vietnam.