The Ascent Thao Dien aparments for sale

Project The Ascent, District 2, Ho Chi Minh, District 2, Hồ Chí Minh

Listed:

2.59 Billion VND

Asking Price

36.96 Million/m 2

Key details

Property Type: Apartment

Description

The Ascent is located at 58 Quoc Huong St, Thao Dien, HCMC. In the heart of a fresh peninsula, The Ascent not only satisfies the need of being close to nature but also brings unique advantages to residents. It takes only minutes of walking from high-end services.

Address: 58 Quoc Huong street, Thao Dien ward, District 2

Diverse area: 67.47m2 ~ 99m2 with 2 or 3 bedrooms

High standard amenities: 3 warm swimming pools, barbecue area, bar, sauna, gym, library,..

Price: 1,700 USD/sqm (including VAT, maintenance fee)

Feel free to contact me for visiting this beautiful project. I am willing to help you create best investment opportunities in Ho Chi Minh City.

Foreigners with 3-month visa can own house in Vietnam.
Vietnam will allow the foreign citizens to buy house for the first time with a simple requirement, they must enter Vietnam legally. The new law is extended the rules that currently apply to apartments, according to the amended Housing Law which takes effect on July 1 2015. This allows the Foreigners to own any property for a maximum of 50 years and enjoy the same rights to lease transfer or sell the property as Vietnamese citizens.

The law passed with 77.46 percent approval in the National Assembly with some special notes:

– Foreign entities who have invested in housing projects in Vietnam, foreign-invested enterprises; branch and representative offices of foreign companies in Vietnam, foreign investment funds; and foreign bank branches will all be entitled to purchase real estate under the law.

– Foreign individuals and entities will only be allowed to buy, receive, or inherit apartments and houses in commercial projects and not in areas that limit or ban foreigners.

– Foreign individuals and entities are able to buy a maximum of 30 percent of apartments in a block and 250 houses in a given ward.

– Individual foreigners may extend their home ownership after 50 years, according to their need. The government provide further details about the extension process in the future.

– Foreign property can be put out to lease for any “purposes that is not banned by law” but must also inform the provincial house management agency before leasing the property.

– Foreign property owners will also be subject to the nation’s property taxes.

– Foreign entities can already buy property to house their employees, but they are not able to lease or use it toward any other purpose.

According to Phan Trung Ly, chairman of the National Assembly’s Law Committee, the legislature passed over proposals to tighten home ownership restrictions for foreigners. A majority of voting lawmakers said the open policy will attract more foreign investment without jeopardizing national security.

To get Vietnamese Housing Law details please don’t hesitate to contact me:

Quy Nguyen

Viber & Mobile: +84 121 470 3609

Email: quynguyen105@gmail.com

Skype: quy.nguyen.broker

Contact Name: Nguyen Van Quy
Contact Number: 01214703609

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