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InterContinental Phu Quoc Long Beach Residences was the most talked-about name in the Phu Quoc real estate market in the latter half of 2017 and early 2018. Immediately after its launch, all 100 resort apartments were sold. Furthermore, according to the project's distributor, the number of interested buyers was more than three times the number of units offered in each sales launch.
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The project's immense popularity undoubtedly stems from the reputation of InterContinental Hotels Group (IHG), the leading resort management company behind InterContinental Phu Quoc Long Beach Resort & Residences. With a limited number of units—only 115—owners of InterContinental Phu Quoc Long Beach Residences not only acquire a profitable resort property but also a part of a globally renowned brand.
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Simply mentioning a prestigious and reputable brand isn't enough; the project also offers unique value and superior benefits for investors. Most apartment projects launched today are only at the foundation stage, and their scale and quality can only be imagined through design images and model homes. Few projects prioritize completing construction before launching onto the market like InterContinental Phu Quoc Long Beach Residences. BIM Group's "build first, sell later" approach demonstrates the developer's meticulousness and dedication, while also reducing the financial burden on customers.
A representative from MGV, the distribution unit, stated: “It is very rare for a project to be launched when it is nearly completed. Projects of this type usually have good liquidity because they alleviate customer hesitation. The fact that BIM Group did not launch a massive sales campaign but waited until the project was almost complete before offering it for sale makes the project even more attractive, even though the project itself already possesses many outstanding features.”
The anticipation and excitement of customers are growing day by day as the project progresses. Ms. Trinh Ngoc Dung (Dong Da, Hanoi) shared: “When choosing to invest in a resort apartment at InterContinental Phu Quoc Long Beach Residences, I had high expectations for the project's investment return. Now that the project is about to open, seeing the concrete form of my investment, I am truly thrilled and believe that my decision was absolutely correct.”
During this phase, the developer will release the final and most "premium" resort apartments of the project. These are all high-end units worthy of Grand Ocean View, offering expansive views, with every room overlooking the idyllic beach. There is no better place to enjoy the sunset and sunrise over Phu Quoc than at InterContinental Phu Quoc Long Beach Residences. Awarded in the architectural design category of IPA2017, InterContinental Phu Quoc Long Beach Residences exudes refined aesthetics and taste, with all interior and lighting systems strictly adhering to the extremely rigorous standards of InterContinental Hotels Group.
Majestic nature and stunning skies are the reasons why most beautiful beaches around the world, and in Vietnam in particular, have been or are being developed with numerous large and small resort projects. Real estate projects right on the beachfront will become increasingly expensive and rare. Located on one of the most beautiful beaches in Phu Quoc, a resort destination frequently mentioned on the tourism map today, this could be considered one of the last opportunities for investors to own a truly world-class resort apartment.
Moreover, the policy of sharing up to 40% of room rental revenue, along with a guaranteed return of up to 9% per year for 9 consecutive years, is incredibly attractive and not found in every project, making it very beneficial for investors. In addition, the developer commits to managing the property for a minimum of 20 years with the possibility of renewal, and property owners also receive 20 complimentary nights per year.
From any perspective, InterContinental Phu Quoc Long Beach Residences is considered a safe and effective investment, especially in recent years when the real estate market in Phu Quoc has been extremely vibrant.
Amidst the booming development of projects, ranging from high-end to low-end, springing up all over Phu Quoc Island, customers are becoming increasingly discerning in their investment choices. Possessing the essential values of a top-tier resort project, InterContinental Phu Quoc Long Beach Residences is considered a rare gem by investors. The launch of the final 15 resort apartments, coupled with the project's imminent official opening, will undoubtedly create another real estate frenzy in Phu Quoc.
Lan Anh - Dung
