Tuan Chau Marina Company Ltd and Gami Land on Saturday launched the sale of Viet Nam’s first seaside shophouse project in the northern Quang Ninh Province’s Ha Long City.
The project has the advantage of being located in Tuan Chau Port, the largest artificial seaport in Asia that can receive 2,000 vessels, even large ones. The seaport welcomes 8,000 to 10,000 tourists per day.
Spread over about 3.1ha, the 296 shophouses have either 3.5 or 4.5 floors, with a building area of 504sq.m to 650sq.m.
The construction of about 40 shophouses is nearly over and is expected to be completed by April. The investors would get the remaining 260 shophouses completed in 2016 and 2017.
The 8km-long and 20m-deep sea port is 5.5km away from Bai Chay Tourism Area, 3km from Thien Cung Cave and has good transport links with Hai Phong City and Mong Cai City.
The project has benefited from restaurants, cafe shops, clubs and tour agents, as well as hotels and shops. It also has high-end facilities such as a 27-hole golf course and a five-star hotel.
The National Commercial Bank (NCB) has made several preferential offers to buyers of the project, such as zero per cent interest rate in the first six months or six per cent interest rate in the first year. Customers can borrow up to 70 per cent of the total asset value for 20 years.