Da Nang allows foreigners to buy houses in 17 projects

The Construction Department of central Da Nang city has listed 17 commercial housing projects in which foreign organisations and individuals can buy units.

Monarchy is among the projects that are available for foreign buyers. (Photo: thanhnien.vn)

Da Nang (VNA) – The Construction Department of central Da Nang cityhas listed 17 commercial housing projects in which foreign organisations andindividuals can buy units.

The projects include Blooming Tower, Golden Square complex, Quang NguyenApartment complex, Thuy Tu urban area, Harmony Tower, and Da Nang FPTTechnological Urban Area.

The city also disallows foreigners from owning property in three projects,namely F-Home Apartment complex, Da Nang Diamond Tower, and IndoChina RiversideTower.

The department suggested the Department of Natural Resources and Environmentand relevant agencies review the grant of licences to foreign organisations andindividuals in projects that are off-limits to foreign buyers./.
VNA

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