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CBRE: condotel investment is attractive but risky

According to Marc Townsend, Managing Director of CBRE Vietnam, condotel will be a rising investment trend in 2017 thanks to its outstanding advantages in term of prices, locations, profitability and opportunities. However, even though it is certainly attractive, this segment also has hidden risks. The expert says that there is nothing to ensure that property investors will invest frequently in condotel market. Also, customers who do not know much about related legality will be easy to get involved in prolonged complaints and lawsuits regarding of their condotel purchase.