The construction will cover an area of 7.5ha in the coastal district of Ngu Hanh Son in central Da Nang City with a total investment capital of 650 billion VND (nearly 30 million USD). The construction is expected to complete in late 2017 with 33 beach villas from three to five bedrooms on plot sizes from 929s.qm to 1,303sq.m.
The Ocean Estates is the last residential project that will be developed within the beachfront parcel of the Ocean Resort, the largest resort complex in the central region.
Director of Transaction VinaCapital Matthew Koziora said that VinaCapital Grouppioneered the second home market in Da Nang City back in 2009 and appreciate the higher standards now expected from our clients in today’s marketplace. He also noted that the group understand and appreciate the global trend of luxury and that the market is seeking a true luxury lifestyle by those looking for a true beach home experience.
