Investors compete for last million-dollar
Regent Residences Phu Quoc villas

As soon as BIM Group announced the second-phase sale of six-star luxury residences in Regent Residences Phu Quoc, investors rushed to book.

They did not want to risk taking chances after all the residences went out of stock as soon as the first sale was launched.

Regent Residences Phu Quoc is the third component of the project, Phu Quoc Marina tourist complex. Phu Quoc Marina has a total area of 155ha, stretching over 1km of Bãi Trường (Long Beach), which is famous for its spectacular sunset view on the Emerald Island. The other two components are InterContinenal Phu Quoc Long Beach Residences with condominiums and villas and Phu Quoc Waterfront with streethouses suitable for commercial and business purposes. These products are also “out of stock”.

Regent Residences Phu Quoc offers excellent sea views, a beachside project consisting of 76 luxurious sea villas and sky villas, luxury hotel rooms and a number of high-class amenities, including rooftop bar, sky bar, gym, Michelin star restaurant, beach club and spa.

Ninety per cent of Regent Residences Phu Quoc phase 1 has been sold out.

Set in a prime location, along with the prestige of BIM Group and Regent, a five-star management brand famous for luxury resorts, Regent Residences Phu Quoc attracted investors even before the project was open for sale. Within a month of its launch, 90 per cent of the villas were sold out, with contracts signed.

Recently, the global hotel management group, InterContinental Hotels Group (IHG), has completed the acquisition of a 51 per cent stake of Regent Hotels and Resorts. This deal has become a lever for projects under the Regent brand name, and Regent Hotels and Resorts is expected to become the highest brand in the IHG chain.

IHG is a multinational hotel group based in Denham, United Kingdom. It is the largest hotel group in the world by the number of rooms under management. IHG owns 12 hotel brands with 5,000 hotels in more than 100 countries across the world. In Việt Nam too, the group manages a range of luxury hotels and resorts. And despite the economic crisis in the world, IHG’s revenues and profits have continued to grow.

Regent Hotels and Resorts is expected to become the highest brand in the IHG chain.

According to representatives of BIM Group, the second and final sale, offering 36 villas, will begin in April.

Nguyễn Thành Dũng, an investor in Hà Nội, says resort property is an attractive investment channel, and Phú Quốc is the most promising destination in Việt Nam. And not many projects in Phú Quốc have the advantages of Regent Residences Phu Quoc, such as location, brand management and unique design.

As an avid traveller and customer of Regent Hotels, Dũng believes the investor will make a wise choice investing in Regent Hotels and Resorts. Hotels bearing the “Regent” trademark always offer visitors a sophisticated and high-class experience, in addition to a complete range of services.

A sample house of Regent Residences Phu Quoc.

Đỗ Thị Phượng (Kim Ngưu, Hà Nội) is convinced after seeing a model house of the project. Along with other investors, Phượng has experienced a six-star villa with minimalist design. With lotus ponds surrounding the villa, guests will be able to enjoy the luxury resort offering a peaceful atmosphere.

Last but not the least, the sales policy, along with flexible rental programmes, is an important factor for investors to have an accurate assessment of the investment efficiency of Regent Residences Phu Quoc.

Many investors are vying for the last few villas in Regent Residences Phu Quoc.

Customers will be shared 40 per cent of the rental income for villas at not less than nine per cent per year in the first nine years. Customers who do not receive a profit from the investor for the first three years will receive a discount of 20 per cent of the villa value and then continue to earn an income equal to nine per cent of the villa value.

Throughout the duration of the rental programme, the owner can be rest assured that the property will be maintained in accordance with IHG’s six-star luxury standard. Villa owners will receive 15 free nights per year at the project.

In addition to this, the investor offers other incentives, such as large investment discounts for owners to purchase from three villas or more, early payment discount for investors to pay a minimum of 95 per cent of villa value at the time of signing the contract and preferential discount to loyal customers. These discount rates will be applied simultaneously if the owner enjoys a variety of incentives.

The attractive sales programme is the icing on the cake for Regent Residences Phu Quoc, coupled with the advantages of prime location, owner, brand management and design. With investors considering this to be a full-circle investment deal, many have booked houses even during the waiting period.

The project is exclusively distributed by MGV Real Estate, together with real estate chains PQR, EagleLand, Home2Home, HTland and Shouse.