Explore VietnamReal Estate
Explore Vietnam
Gotec Land
Resale only
Only beachfront project in Da Nang with hot mineral spring therapy, dual 5-star operators, and direct exposure to the Lien Chieu Port economic zone
Beachfront twin-tower project on Nguyen Tat Thanh coastal road in Lien Chieu District, Da Nang. 487 apartments across 34-story Apollo and Athena towers with a hot mineral spring therapy concept, 55m from the beach. Apollo tower operated as a hotel-serviced residence by WorldHotels; Athena tower managed as a residential community by Secondhome. Developed by Gotec Land (Asiana Paramount), designed by Huni Architectes (France), built by Newtecons with BIM technology. 30% construction density with 8 units per floor.
Balanced for both end-users and investors.
The Lien Chieu growth story is now more real than speculative — port, FTZ, and Vinhomes 512 ha are all under construction. The risk lies with the developer: Nam Land bond defaults and 305B cumulative losses raise serious questions about finishing quality and handover timing.
| Project | Price | Distance |
|---|---|---|
| Shizen Nami | 77,5 triệu/m² | 0 km |
| Sun Cosmo Residence (The Panoma) | 65-90M VND/m2 — similar pricing but far better current location in Son Tra | Son Tra, Han River views, 5 km to center vs Shizen Nami 13 km |
| The Sang Residence | 50-56M VND/m2 — delivered and livable, proven value at lower price | Ngu Hanh Son, My Khe Beach, delivered Dec 2025 |
| Vinhomes Hai Van Bay | Launching April 2026, 512 ha mega-project — will redefine Lien Chieu district pricing | Adjacent Lien Chieu, first 345 low-rise units handover Q4 2026 |
End-user: Weak for owner-occupiers. Premium pricing in an undeveloped district with limited daily amenities, 13 km from Da Nang center, and a 3-year construction delay. The unique mineral spring concept and beachfront position are attractive but do not compensate for weak surrounding infrastructure, poor school access, and meaningful legal/delivery uncertainty.
Investor: Mixed investment case. Genuine long-term catalysts (Lien Chieu Port, FTZ) but pricing is stretched at 65-90M/m2 — matching Son Tra projects with far better current amenities. No secondary market, 3-year execution delay, and speculative dependence on infrastructure that is 2-5 years away. Only suitable for patient investors with high risk tolerance.
| Developer | Gotec Land |
| Construction | Finishing |
| Completion | 2026 |
| Total Units | 487 |
| Towers | 2 |
| Launch Date | 2021 |
| Handover | 2026-Q2 |
| Construction Permit | approved |
| Pink Book | not_issued |
| Legal Notes | Perpetual ownership for Vietnamese nationals, 50-year for foreigners. Pre-sale approved. Topped out June 2024, currently in finishing phase. Original 2023 handover delayed multiple times — Q2/2025 and Q4/2025 targets missed, now targeting Q2/2026. VPBank financing up to 70%, 0% interest first 18-24 months. |
Shizen Nami
| CBD (peak) | 25-35 min to Han River area |
| CBD (off-peak) | 15-20 min to Han River area |
| CBD (motorbike) | 20-25 min |
| Airport (peak) | 20-30 min to Da Nang Airport |
| Airport (off-peak) | 15 min to Da Nang Airport |
Mix of resort investors and wellness-focused buyers. Large Hanoi/HCMC investor base seeking Da Nang beachfront assets. Low permanent occupancy expected — most units designated for rental or vacation use. High Airbnb potential given beachfront position and hotel-grade operator management.
