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“Profit from condotel may be 9pct higher”

Marc Townsend, Managing Director of CBRE Vietnam, said the investment profit ratio in potential resort property model like condotels in Vietnam might rise higher than the threshold of 9pct. Foreign investors when study Vietnam condotel market will pay attention on investor brands and partners in design, management and operation. They are experienced enough to see superior advantages in term of prices of products with strategic locations. Additionally, reasonable pricing, good banking exchange rate, stable inflation, high profit commitment and sustainable profitability in the growing tourism market are also plus points for Vietnam condotel market.