BIM Group’s condotel project in Phu Quoc nearing completion

Tuesday, Jun 20, 2017 15:22

The model of InterContinental Phu Quoc Long Beach Resort & Residences. — Photo BIM Group

InterContinental Phu Quoc Long Beach Resort & Residences is nearing completion with more than 70 per cent of the construction completed, offering valuable investment opportunities in the island.

Phu Quoc Island, off coast of Kien Giang Province, has arisen to be a land for property investments with a number of projects under construction.

However, most projects are at the early stage, and it is difficult for buyers to imagine what the project would be like when completed. In addition to these, it would imply risks regarding quality and progress.

Construction of InterContinental Phu Quoc Long Beach Resort & Residences nears completion. — Photo BIM Group

That makes InterContinental Phu Quoc Long Beach Resort & Residences a heat wave in Phu Quoc Island’s Property Market.

Now, the model apartment of InterContinental Phu Quoc Long Beach Resort & Residences is already completed, and three-fourth of the construction finished.

The model living room. — Photo BIM Group

Another advantage is the assured quality by one of the world’s leading hotel operator InterContinental Hotels Group (IHG) with 70 experiences. InterContinental Hotels & Resorts is a luxury brand of IHG with more than 180 hotels in 65 countries and territories world-wide.

The policy of revenue sharing of 40 per cent and a guaranteed profit of at least 9 per cent in nine years are also among the attractive factors in the project.

The model bedroom. — Photo BIM Group

Phu Quoc Island with 150-kilometre long coastline has been a magnet for investment, as travelling to this island is becoming easier than ever. It takes only several hours of flight from major cities in the region such as Singapore, Bangkok and HCM City.

The potential of Phu Quoc tourism remains largely untapped, especially with the Government’s policies of making the island a special economic zone. — VNS

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