Real Estate in Vietnam

"Look for established apartments with garden, close to work and shops, accessible but quiet, on the same side of town as airport, with trees and parks," remarked one member in Hanoi.

"Pure business matter; we could lease an industrial land plot on good conditions; housing was more difficult because of regulations at that moment," explained one expat living in Phan Thiet, Vietnam.

"One way to find a place to live in Vietnam is to enlist the help of a real estate professional. Most cities will have reputable agents that specialize in finding rental properties for expatriates and travelers. You can also search online for rental listings in Vietnam and reach out to the posted contacts. Additionally, the Vietnamese government operates a database of available rentals open to the public. It is likely that you will be able to find a range of options, from modest apartments and small homes to upscale condominiums and villas. Finally, networking with other expats who are familiar with the housing market in Vietnam is a good way to gain insights regarding potential rental opportunities," said one person in Vietnam.

"I live in a 1 bedroom house in the back of my office, for the sake of security. this is not typical for expats, for a 2 bedroom house in this area you pay around 500 US$," explained one expat living in Phan Thiet, Vietnam.

"Expat homes and apartments in Vietnam are typically designed for comfort and convenience. Amenities such as modern kitchens, air conditioning, washers and dryers, and digital amenities (cable TV and high-speed internet) are often included. Apartments tend to be quite large, sometimes featuring multiple bedrooms, bathrooms and living areas, perfect for families or groups of friends. Furniture may either be inspired by the traditional Vietnamese style or a mix of modern and traditional. Additionally, most expat homes and apartments will have many added creature comforts, such as a balcony, terrace, garden or pool," said one person in Vietnam.

"The cost of housing in Vietnam varies greatly depending on the location and size. Prices for apartments in major cities range from affordable to very expensive, while buy-and-build land in rural areas is typically much more affordable. In general, living costs in Vietnam are still relatively low compared to many other countries in the region," said one person in Vietnam.

"Housing cost is much lower than in Europe; my house rental (include my office) is 150 US$, electricity, water and gas and cable TV is around 150 US$; food cost me about 400 US$ / month. I don't eat meat a lot; price for pork for instance, doubled since 1 year ago. 1 night partying cost me around 100 US$ (Whiskey or cognac, soft drinks and tip for the waitress)," said one expat who made the move to Phan Thiet.

"In 2013 I retired and moved permanently to Viet Nam. I had met a Vietnamese woman and married her in 2014. I purchased a 4 story, 4 bedroom 3 bath home in HCMC for $140,000 and I have been living here happily ever since. I live in a Vietnamese district where there are very few foreigners, but I have met some at the pool I go to and at my gym. I also have a number of Vietnamese friends," explained one expat living in Ho Chi Minh, Vietnam.

"It depends on your personal preferences and financial situation. Buying a home in Vietnam can be a good option if you plan on staying in the country for a longer period of time, as it could be a sound investment opportunity. On the other hand, renting a home in Vietnam provides more flexibility and you are not tied to the maintenance and other financial responsibilities that come with buying a property. Ultimately, you should consider your particular circumstances when making your decision," said one person in Vietnam.

"1. It is wise to consult specialized lawyers when contemplating purchasing property in Vietnam, as laws and regulations can be complex and vary from municipality to municipality. 2. Land in Vietnam is typically state-owned and is leased to individuals more often than it is sold outright. 3. The foreign ownership of property in Vietnam has various restrictions and limitations. 4. Overseas buyers must Incorporate a Vietnam-registered company in order to hold title to property in Vietnam. 5. All forms of real estate transactions involving foreigners must be processed in accordance with applicable Vietnamese laws and regulations. 6. Due diligence concerning the title and liens on the property must be undertaken, as well as a survey conducted prior to finalizing the purchase. 7. It is important to stay informed of any changes to laws and regulations regarding foreign ownership of property in Vietnam," said one expat in Vietnam.

"Yes, foreigners are allowed to own property in Vietnam. The Law on Housing of 2014 allows foreign individuals and organizations to own property in Vietnam, provided they meet certain conditions. These conditions include having a valid passport or visa, having a valid work permit, and having a valid residence permit. Foreigners are also allowed to lease property in Vietnam for up to 50 years. However, they are not allowed to own land in Vietnam," said one in Vietnam.

"Typically, rental properties in Vietnam come with basic kitchen appliances such as a fridge, stove, and electric cooktop. There may also be washing machines, electric fans, and air-conditioners. Furnishings and fixtures such as cabinets, closets, and even basic furniture may also be provided. Some rental properties even come with appliances like dishwashers, water heaters, and microwaves," said one expat in Vietnam.

"Expats can search for homes in Vietnam by using online real estate websites, such as Batdongsan.com.vn, to browse listings of available properties. They can also contact local real estate agents to help them find a suitable home. Additionally, expats can search for homes in Vietnam by attending open houses and visiting neighborhoods to get a better feel for the area," explained one person living in Vietnam.