Phu Quoc is being positioned as the most exciting tourist market in Vietnam, as well as the potential tourism and resort real estate market in 2019. This opens many opportunities for investors to have thinking of doing business, doing big business with tourism service in Ngoc island.

"Bet" in Phu Quoc market

2018 is considered to be the successful year of Vietnam smokeless industry when reaching a record number of nearly 15.5 million international visitors, and is also the year when the real estate market of tourism and resort develops vibrantly. especially in spectacular growth tourist areas like Ha Long and Phu Quoc. Mr. Mauro Gasparotti, Director of Savills Hotels Asia Pacific commented: “We still keep a positive outlook on Vietnam resort real estate market in 2019 and look forward to good results next year”. According to Mr. Nguyen Van Dinh - Vice Chairman of Vietnam Real Estate Brokerage Association, the successful transaction volume in 2019 on resort real estate will surpass 2018.

According to Mr. Nguyen Van Dinh, Da Nang and Nha Trang will reduce the heat of new development of resort real estate projects due to the approval of many sources ... The areas with the highest proportion of new products are Phu Quoc and Quang Ninh.

In which, Phu Quoc is expected to continue to be a whirlpool to attract investment capital due to the booming tourism growth with connecting international routes from European countries, Asia and domestic routes, connecting from The land via high-speed train, high-speed ferry ... to Phu Quoc was very convenient. Especially the appearance of high-class tourism products such as 5-star resorts, entertainment complex Sun World Hon Thom Nature Park with the world's longest cable car ... are considered important factors to promote tourism. growth. In 2018, Phu Quoc welcomed over 4 million visitors, an increase of 36% compared to 2017.

However, the supply of tourism and resort real estate in Phu Quoc market is far from the development demand. Currently the island district has more than 12,000 accommodation rooms, of which only nearly 60 hotels are ranked 1-2 stars, about 10 3-4 star hotels, 5 5-star hotels. Not only is the accommodation supply limited, but the number of projects providing real estate products has the potential to trade in 3-4 star accommodation services as well as other shopping and entertainment services.

Due to that fact, investors have "bet" strongly in the tourism and resort real estate segment in 2019 with the focus on the South Island area due to the great attraction from the tourism, resort and entertainment chain. The capital is invested in a large scale and is being implemented at a rapid speed.

Shophouse and thinking "big business"

Besides forecasting the positive trend of tourism and resort real estate in 2019, the market has also witnessed new thinking of real estate investors recently. That is instead of "hunting" villas, condotels, ... for rent, investors prefer to own a shophouse product line to trade tourism services, towards shopping streets and bustling culinary areas such as in tourist paradises such as Bali, Phuket ... This is the source of the "thirst" of shophouse products with potential business on Ngoc island. Typical examples are the "fever" shophouse in Bai Kem, Nam Phu Quoc recently.

Launched at the end of 11.2018, Melodia Boutique Shophouse belonging to the project Sun Premier Village Ice Beach Resort officially launched to the market 168 shophouse with the most favorable business location on Ngoc island. Located at the gateway of tourist, resort and entertainment complexes, Kem Kem with famous hotels and resorts invested by Sun Group, Boutique Shophouse Melodia promises to become a high-class commercial business district with a 360-degree translation chain. The service, serving thousands of tourists staying here as well as a continuous flow of visitors.

"The outstanding advantage of Melodia shophouse is that it is located next to the 8,500 m2 wide square with reasonable design with at least 2 airy surfaces, easy business of all services such as fashion, food, bar, spa. .... The shophouse like this investors have been hunting for a long time but not until the end of 2018, ”Mr. Minh Thanh - a professional real estate investor in District 1, HCMC explained about the" fever "shophouse in South Vietnam. Phu Quoc.

The shift to shophouse for service business, filling the "gap" of Phu Quoc tourism shows the agility as well as the basic thinking of tourism investors. Because if there is a shortage of services to meet the needs of spending, shopping and entertainment of tourists, efforts to increase the length of stay for visitors are difficult to succeed.