Can foreigners buy house in Danang ?
Yes, foreigners can buy houses and apartments in Da Nang, but there are significant restrictions and conditions that must be followed.
Key Points for Foreign Buyers:
- Ownership Structure: Foreigners cannot own land in Vietnam, including Da Nang. Instead, you can own the property (such as an apartment or a house within a commercial housing project) on a leasehold basis, typically for 50 years, with the possibility to renew for another 50 years.
- Eligible Properties: Foreigners are only allowed to purchase properties in government-approved commercial housing projects. These projects are specifically designated for foreign ownership, and you cannot buy traditional Vietnamese houses or land outside of these developments.
- Ownership Quotas: There are strict quotas:
- Up to 30% of the units in any condominium building can be owned by foreigners.
- For houses and villas within a commercial project, foreigners can own up to 10% of the total units or a maximum of 250 houses per ward.
- Recent Updates: As of 2025, the legal framework remains stable. The Law on Housing 2023 continues to allow foreign individuals with a valid passport and visa to purchase residential properties in approved projects.
- Examples of Available Projects: Da Nang has several housing projects open to foreign buyers, such as Olalani Riverside Towers, apartment buildings in the Han River tourism area, and developments in Ngu Hanh Son district. Over 1,700 units in these projects are available to foreigners.
- No Direct Land Ownership: Foreigners receive a land use right certificate rather than title to the land itself. This certificate grants the right to use the land for the lease period.
- Special Case – Marriage to Vietnamese Citizen: If married to a Vietnamese citizen, a foreigner may be eligible for freehold ownership, granting permanent property rights similar to Vietnamese citizens.
Process and Requirements:
- You must have a valid passport with a Vietnamese visa and an entry stamp.
- Purchases must be made within the foreign ownership quota of the project.
- All transactions must comply with Vietnamese laws and regulations, including notarized contracts and proof of funds.
- Buying remotely is possible with a power of attorney and a trusted agent, but mortgages are difficult to obtain without residency or a work permit.
What You Cannot Buy:
- Land directly (including agricultural land).
- Properties in areas designated for national defense or security.
- Traditional houses in local neighborhoods or projects not approved for foreign ownership.
Summary Table: Foreign Property Ownership in Da Nang
| Aspect | Details |
|---|---|
| Can foreigners buy? | Yes, with restrictions (leasehold only, no land ownership) |
| Property types allowed | Condos (up to 30% per building), houses/villas (up to 10% per project) |
| Ownership duration | 50 years, renewable once for another 50 years |
| Where to buy | Only in government-approved commercial housing projects |
| Land ownership | Not allowed (land use right certificate only) |
| Special case | Freehold possible if married to a Vietnamese citizen |
Conclusion
Foreigners can legally buy property in Da Nang under clear conditions: only in approved commercial housing projects, within strict ownership quotas, and always on a leasehold basis—not freehold land ownership. The process is well-established, and Da Nang offers a range of projects suitable for foreign buyers, making it an attractive destination for property investment.
