My next video of building a house in Vietnam: Q&A of everything you need to know about my housing project in Southeast Asia.
Vietnam real estate has had a lot of attraction from foreign investors. A lot of high-end or luxury projects got buyers from Singapore, Hong Kong, Japan, Korea etc ... Nevertheless, it's mostly apartments in condominiums or villas that will be available.
Pretty much you guys have all seen the video that I introduced about my house in Mekong Delta, Vietnam. However, if you haven't, make sure to watch it first ( https://youtu.be/zXoPp_UQJE4 ). After finishing that one, you may find all your inquiries in my latest video that will answer most of the questions that I got asked my personal project.
In the previous video, I took my audience through a short vietnam house tour for those who have never seen a vietnamese house. I decided to build a little cozy house in the rural area of Vietnam for renting purpose. It's initially my vietnam real estate 2022 that was done only a few months ago. The process was very difficult indeed, but it was quite a joyful one. Buying investment property in vietnam, to me, was all about buying a land, and start everything from there. I didn't participate in any foreign-quota as I do have a company in Vietnam and trustworthy locals I can rely on, some foreign-quotas projects are totally out of reach. And real estate vietnam ho chi minh is also really expensive.
If you are studying the real estate market, meeting different local real estate agents, you will see that locals are also investing into lands. One option is just betting on some capital appreciation of a land plot, other investors will build a Vietnam house to rent. In this video, you will have the overview of a Vietnam real estate that I have been doing last year and some updates about the numbers, ROI, costs, challenges as well as some updates regarding the real estate in 2022. If you are considering doing real estate investment in Vietnam, you have to get some deep knowledge, meet up with lawyers, evaluate the risks-rewards of such an emerging market before jumping into it.
In this video, we are going through some of the questions about:
00:00 - Real estate in Vietnam : foreigner building a house 01:34 - The regulation of owning land 03:15 - Trust issues to invest or do business 04:56 - Payment process : installments 06:07 - Agreement and contract 06:57 - Rental housing in Vietnam 08:12 - Monthly rent received from my tenant 08:20 - ROI of this real investment project 08:41 - Cost of building a house in Vietnam 11:18 - How much does it cost to buy a land? 13:44 - How much taxes/fees when selling a land? 16:20 - Is it worth investing in Vietnam? 17:44 - Disclaimer before doing any investment in Vietnam 19:46 - Prices update in 2022 and 2023 21:52 - My investment plan in 2023 25:10 - Trends, regulations and golden-age ? 27:26 - Conclusion
Building a house in Vietnam can be possible but it comes with some risks and challenges. Nothing is straightforward especially if you are a freshly arrived foreigner in Vietnam. The housing market is dynamic but it has some pros and cons that you have to understand first. If you are considering building a house in Vietnam, buying a land Vietnam or leasing a land for a business project, this video may give you some good insights from my real estate project. If you want to know how to invest in real estate, construct house in Vietnam to be living in Vietnam yourself or flip houses for sale in Vietnam, or to rent just like myself, this video will provide you some great information about that.
I hope you find all the helpful information in this video. I always listen to all your inquiries and I do try my best to answer to everything question. Don't hesitate to drop even more questions if your concern isn't included yet in this video as there may be, potentially, a 2nd part for the Q&A session with my audience. But overall, that's pretty much it for this one.
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