So what makes InterContinental Phu Quoc Long Beach Resort & Residences attractive to investors?
It can be said that the decisive factor that makes InterContinental Phu Quoc Long Beach Resort & Residences attractive is that customers get to experience the project in reality.
Currently, most of the apartment projects introduced to the market have just started to develop the foundation. Therefore, buyers can only imagine the scale and quality of the project through design images and model houses. The rest put all their trust in the investor.
This form helps reduce the financial burden for home buyers because payments are made according to construction progress, and investors do not have to invest much capital to develop the project. However, this option also has many potential risks regarding project quality and progress.
On the contrary, projects that are about to be completed or have been put into operation are only offered for sale on the fingers of one hand. Therefore, these types of projects often have quite good liquidity because they relieve customers' concerns.
Therefore, InterContinental Phu Quoc Long Beach Resort & Residences is one of the projects that is receiving special attention from investors.
Currently, the project's construction progress is more than 70% complete, customers can see the outstanding advantages of the project when directly experiencing the actual product.
The model house at the project has been opened so that customers can see with their own eyes and "touch" the future apartment as well as their dedicated investment. In particular, the project is designed and completed with the most rigorous high-end standards of the InterContinental Hotels Group, so when customers come to the model house, they will directly feel and evaluate the quality of materials and interior design of the apartments when they come into operation. Visiting the project at this time, customers can stand at the project and admire the beautiful sea view.
In addition, the brand factor is also a very prominent plus point of the project, 115 luxury resort apartments of InterContinental Phu Quoc Long Beach Residences are also one of the first resort apartments in Asia managed by InterContinental Hotels Group (IHG) under the most premium brand of this giant, InterContinental Hotels & Resorts. Affirming its leading position throughout 70 years of experience, InterContinental® Hotels & Resorts is the first luxury international hotel brand in the world with more than 180 hotels in over 65 countries. Mentioning this brand is mentioning one of the most rigorous managers in the resort industry, a brand where professionalism and standards are taken as the standard. Choosing a new face to "entrust gold", it is not easy for a project to carry the leading brand InterContinental Hotels & Resorts. Therefore, the InterContinental Hotels & Resorts project brand not only raises the standard of hotel services for Phu Quoc but also contributes to promoting the brand of “resort paradise” Phu Quoc to the world market. Customers not only own a luxury resort apartment but also own a part of a globally famous brand. This is something that very few projects can meet.
The third highlight and also one of the factors that makes InterContinental Phu Quoc Long Beach Resort & Residences attractive to investors is that the investor BIM Group applies a 40% revenue sharing policy instead of using profit as the unit of calculation as is common in the market.
With this revenue sharing model, customers will not have to worry about hotel operating costs, which include many items that even professionals have headaches with, helping customers easily manage profitability more effectively. In addition, in the first 9 years, the investor BIM Group commits to a profit of no less than 9%/year.
Not only providing perfect vacations according to international standards, InterContinental Phu Quoc Long Beach Residences also brings regular and sustainable income as well as increases real estate value for investors who buy apartments here.
The location factor is also a strong point of the project, located in Bai Truong, Phu Quoc - a promising land with great potential for the real estate market. In terms of tourism potential, nature has generously bestowed Phu Quoc with 150km of coastline with long, white sand beaches, emerald green water, vast primeval forests, warm sunshine all year round and no storms. Along with its strategic location, only 1-2 hours flight from Southeast Asian tourist centers such as Singapore, Bangkok, and Ho Chi Minh City, Phu Quoc is considered a "gold mine" of Vietnam's tourism industry.
In 2012, the number of tourists to Phu Quoc was only 313,000, but just one year after the new airport opened, the number of visitors increased by 53%. No major investor wants to miss out on the "golden land" of Phu Quoc. A few years ago, it was hard to imagine that Phu Quoc tourism would explode like it is today. Among them, the Safari Zoo has put into operation phase I, the world's longest sea-crossing cable car line and a marine entertainment area are being built in the south of the island. In addition, a chain of golf courses and resorts with casinos, a super-luxury international cruise ship port... have also been deployed and will be put into operation in mid-2017.
The development of casinos has really made Phu Quoc real estate hotter day by day. The licensing of casino investment in Phu Quoc is an opportunity for this island district to have a breakthrough development in the future. Especially at the beginning of 2017, the Government has just passed Decree 03/2017 to pilot casino gambling for Vietnamese people. Specifically, Vietnamese people are allowed to gamble in casinos at locations that meet the regulations of this Decree and are permitted by competent authorities. And fortunately, Phu Quoc Casino and Van Don Casino are the only two locations in Vietnam chosen to pilot casino gambling for Vietnamese people. Allowing Vietnamese tourists to gamble in casinos is appropriate and a positive signal for Phu Quoc's tourism activities.
With the potential and profits that cannot be missed in Phu Quoc, it is not difficult to affirm that the appearance of InterContinental Phu Quoc Long Beach Resort & Residences will become an effective resort hotel business location, this can be considered a "golden opportunity" for investors to exploit. The distribution unit of this project is MGV - one of the quite reputable distribution units.
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