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2 of 2 delivered
Nam Phat Hotel & Villas Co., Ltd. (Lodgis Hospitality Holdings — Warburg Pincus & VinaCapital JV)
2 of 2 sub-zones delivered
Lowest density beachfront villa project in Da Nang (16.7%) with rare long-term residential land titles — most competitors only offer 50-year tourism land. Operated by Fusion under wellness-inclusive hotel model.
15.75-hectare ultra-luxury beachfront resort on Non Nuoc Beach by Lodgis Hospitality (Warburg Pincus + VinaCapital JV). 85 standalone villas (1-6 bedrooms) plus an 18-storey, 157-room Fusion hotel. Density just 16.7% — among the lowest in Da Nang. 300+ meters of private shoreline. Operates as a wellness-inclusive branded residence with five-star hotel services for owners.
Better for long-term living than for investing.
One of the few Da Nang beachfront villa projects with long-term pink books already issued and very low density (16.7%), well suited to wealthy second-home buyers who want hotel-managed ownership. The tradeoff is a steep entry price (from about 16.5 tỷ), roughly 3-4% gross rental yield, moderate beach-strip noise and an 8km drive to everyday urban amenities, so it is a lifestyle and title-quality purchase rather than an income play.
Homeowner: A solid choice for homeowners who want a fully managed beachfront second home. The on-site Maia Spa, private Beach Club, kids' club and sport facilities carry daily life at very low density (16.7%), and long-term pink books are already issued. The compromises are moderate ambient noise from the beach strip, a mini-mart as the nearest supermarket, and an 8km drive to the district center, so it suits seasonal stays better than full-time living.
Investor: A title-and-brand hold rather than a yield play. Pink books across all 85 villas and Warburg Pincus/VinaCapital backing protect the downside, but gross rental yield of roughly 3-4% is modest and resale comps vary widely by unit mix, with the Phase 1 sub-zone resale asks near 90M/m². The 16.5+ tỷ entry narrows the buyer pool, and new competing supply such as Nobu Residences adds exit pressure, so plan on a 5+ year hold.
| Market range | 67 triệu – 141 triệu/m² |
| Unit price | 18,55 tỷ – 100,48 tỷ |
| Rent | 48 triệu – 263 triệu/mo |
| Launch price | 60 triệu/m² |
| Project | Price | Distance |
|---|---|---|
| Fusion Resort & Villas Da Nang | 105 triệu/m² | — |
| InterContinental Danang Sun Peninsula Resort Villas | Considerably more expensive (60-150 tỷ VND) | Son Tra peninsula, more remote at about 40 minutes to the airport, with 50-year tourism-land title only |
| Premier Village Danang Resort | Similarly priced to cheaper (25-60 tỷ VND, freehold available) | Same Non Nuoc beachfront strip, an older project (2014-2015) operated by Sun Group |
| Banyan Tree Lang Co Residences | Similarly priced to more expensive (30-80 tỷ VND) | Lang Co bay, 60km north: more secluded with golf on site, a longer transfer and 50-year tourism-land title |
The canonical typical price is about 105M/m², with resale snapshots varying widely by bedroom count and unit mix, so verify recent comparable villa sales before pricing.
| Developer | Nam Phat Hotel & Villas Co., Ltd. (Lodgis Hospitality Holdings — Warburg Pincus & VinaCapital JV) |
| Status | 2 of 2 delivered |
| Completion | 2024 |
| Total Units | 85 |
| Towers | 1 |
| Launch Date | 2019 |
| Handover | 2024-03 |
| Construction Permit | Approved |
| Pink Book | Issued |
| Pink Book % | 100% |
| Legal Notes | Pink books (long-term residential land use) issued across all 85 villas — rare for the Da Nang resort villa segment where most competitors offer only 50-year tourism land titles. June 2026 review surfaced no legal disputes and no pink book status changes. In March 2026, Fusion Hotel Group (the resort operator) was acquired by Suchad Chiaranussati of SC Capital Partners (Singapore); the Fusion brand and resort operations continue unchanged. The project developer — Lodgis Hospitality (Warburg Pincus + VinaCapital JV) — is a separate entity from Fusion Hotel Group and was not part of the acquisition; Lodgis broke ground on the USD 1B+ Grand Ho Tram mega-expansion in 2026, confirming ongoing financial health. Da Nang–Quang Nam provincial merger (July 1, 2025) unified land administration under a single centrally-governed Da Nang city; no adverse impact on existing villa pink books identified. Foreign buyers covered under standard 50-year ownership renewable. |
Fusion Resort & Villas Da Nang
| CBD (peak) | 29 min |
| CBD (off-peak) | 28 min |
| Airport (peak) | 34 min |
| Airport (off-peak) | 30 min |
A mix of wealthy Vietnamese second-home owners from Hanoi and HCMC, Korean and Japanese expat retirees, and international buyers using villas for personal stays plus rental income. Permanent occupancy is low: most owners visit seasonally and lease through Fusion's rental program in between.
