Explore VietnamReal Estate
Explore VietnamNam Phat Hotel & Villas Co., Ltd. (Lodgis Hospitality Holdings — Warburg Pincus & VinaCapital JV)
Delivered 2024 · Developer selling · Pink books 100%
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 only Da Nang beachfront villa projects with proper long-term pink books and the lowest density in segment (16.7%) — both moats are real. Tradeoff is 16.5+ tỷ entry ticket and 3-4% rental yield, so treat this as a use-it-yourself second home with capital upside, not a cash-flow investment.
| Project | Price | Distance |
|---|---|---|
| InterContinental Danang Sun Peninsula Resort Villas | 60-150 tỷ, 50-year tourism land | Son Tra peninsula, 40 min to airport, no pink book |
| Premier Village Danang Resort | 25-60 tỷ, freehold available | Same Non Nuoc strip, older (2014-2015) Sun Group product |
| Banyan Tree Lang Co Residences | 30-80 tỷ, 50-year tourism land | Lang Co bay 60km north, golf on site, longer transfer |
End-user: Delivered ultra-luxury beachfront villa compound with rare long-term pink book title, strong Fusion-branded operations, very low density and private beachfront. Pulled below 8 by resort-style location (20 min from city, no walkable urban life) and the high-ticket, narrow use case for regular owner-occupiers.
Investor: Solid legal moat (pink book long-term land — rare in Da Nang resort segment) and proven developer-led appreciation since 2019, but gross rental yield only ~3–4%, resale liquidity is thin with a 16.5+ tỷ entry, and Da Nang resort segment has been soft since 2022. A credible second-home play, a modest pure-investor play.
| Unit price | 9,5 tỷ – 97 tỷ |
| Rent | 50 triệu – 300 triệu/mo |
| Launch price | 130 triệu/m² |
| 1 BR | 50 triệu – 60 triệu/mo |
| 2 BR | 80 triệu – 100 triệu/mo |
| 3 BR | 90 triệu – 130 triệu/mo |
| 4 Beds | 130 triệu – 170 triệu/mo |
| 5 Beds | 250 triệu – 300 triệu/mo |
Prices roughly doubled from 2019 launch to 2025 delivery on the strength of Fusion brand and pink book titles, then flattened through 2026 as Phase 2 inventory cleared slowly. The January 2026 Da Nang IFC launch and Free Trade Zone progress are genuine demand catalysts that should firm up the next leg.
| Developer | Nam Phat Hotel & Villas Co., Ltd. (Lodgis Hospitality Holdings — Warburg Pincus & VinaCapital JV) |
| Construction | 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 the project — rare for Da Nang resort villa segment where most competitors offer only 50-year tourism land titles. Major value differentiator. Foreign buyers can purchase under standard 50-year ownership, renewable. |
