Being a large city offering a diverse range of locations, land prices in Danang vary considerably. For beachfront land along Danang Beach which is in high demand, there are much less options available now compared to only a few years ago as practically all land plots have been allocated to investors, both local and foreign. Average sizes tend to range from 3 – 10 ha with asking prices ranging from US$80 – US$120 psm for land approved for commercial use on a long term lease basis and US$120 – US$150 psm for land approved for residential use. In Hoi An, beachfront land is slightly more expensive and ranges from US$170 – US$200 psm. Within Danang City the asking price of land can be as high as US$5,000 – US$10,000 psm for the smaller development sites in close proximity to the Han River. Land plots with asking prices in the range of US$500 – US$1,000 psm can be found outside the CBD with sizes over 400 sm.
Several development sites are available along Hoang Sa Street in Son Tra District, across the road from the beach, with asking prices in the range of US$800 – US$2,000 psm depending on size and approvals. These prices do not include additional approval and transactions costs and are highly variable depending on the size and specific location of the land.
Being a large city offering a diverse range of locations, land prices in Danang vary considerably. For beachfront land along Danang Beach which is in high demand, there are much less options available now compared to only a few years ago as practically all land plots have been allocated to investors, both local and foreign. Average sizes tend to range from 3 – 10 ha with asking prices ranging from US$80 – US$120 psm for land approved for commercial use on a long term lease basis and US$120 – US$150 psm for land approved for residential use. In Hoi An, beachfront land is slightly more expensive and ranges from US$170 – US$200 psm. Within Danang City the asking price of land can be as high as US$5,000 – US$10,000 psm for the smaller development sites in close proximity to the Han River. Land plots with asking prices in the range of US$500 – US$1,000 psm can be found outside the CBD with sizes over 400 sm.Several development sites are available along Hoang Sa Street in Son Tra District, across the road from the beach, with asking prices in the range of US$800 – US$2,000 psm depending on size and approvals. These prices do not include additional approval and transactions costs and are highly variable depending on the size and specific location of the land.
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