A new beach condotel Arena situated at D14D Bai Dai at Cam Ranh near to international airport (just 2 km to get there) is becoming one of the biggest project in Khanh Hoa province with 29 hectares of area and over 5000 units. Its developer Nha Trang Bay Investment Joint Stock Company consists of well-known member companies: Ha Quang Real Estate Joint Stock Company, Vietnam Sturgeon Joint Stock Company, Yacht Club Ltd and Vietnam Resort and Golf Company with the charter capital of each company from 500 billion to 800 billion VND. These real estate projects have been implemented by those developers such as Panorama and Le Hong Phong II. As an operation management unit for this project has been chosen AHS (Absolute Hotels Services) which was established in Thailand in 2008, and in 2010 the brand has offices in Hong Kong, India and Indochina and Vietnam, followed by brand development in Sri Lanka., Nepal, Bangladesh and the Middle East. This brand is continuing to grow in the European market. Currently the Group owns a total of 38 hotels with a total of over 3800 rooms. Coming to The Arena Cam Ranh, AHS brings a team of leading experts in hotel management and operation, with professionalism, top 5 star service extremely suitable for travel in East Asia.
The developer offers a rental program to receive share profits from rental business 95/5 (buyer 95% and 5% developer) for first minimum 5 years. A buyer of the unit of this project can take up to 15-night vacation for free per year.
Project overview:
- Name of the project: The Arena Cam Ranh
- Location: Lot D14D Bai Dai, Cam Ranh City, Khanh Hoa
- Developer: Nha Trang Bay JSC (Panorama Nha Trang)
- General Contractor: An Phong (Dai Quang Minh M1, M2; Sai Gon Pearl – Phase 3A, Orchard Garden Shopping Center, Sunrise City Project – Lot X…)
- Management: Absolute Hotels Services (AHS)
- Financial partner: Vietinbank
- Designer: Finko
- Supervision Consultant: Artelia
- Total area: 291,880 m²
- Project scale: 4 towers, 21-25 floors, 5248 units
- Unit area: 1-bedroom 32-40 m² and 2-bedroom 72 m²
- Estimated completion: Q2/2021
- Walking distance from beach: 50 m
- Ownership: permanent for vietnamese citizen, 50-year lease contract for a foreigner (read more FAQ)
Downloads:
- Developer preview (.pdf)
- Design history of the Arena (.pfd)
Photos:
Price:
- Price upon request
Building facilities and amenities:
- shopping center, restaurants, gym, spa, children’s playground, amusement pool, sport center, lighting show, onsen bath, water dance show, olympic pool, mini golf, leisure sport area, galaxy room, helipad, zip-line, outdoor cinema…
Floor plans:
download (.zip) all floor plans of A1 (WIND) and A2 (SEA) tower
Unit layouts:
Payment schedule:
1. stage: deposit 50,000,000 VND to book the contract.
2. stage: deposit 15% of sales price (incl. 50,000,000 VND from 1st stage) excl. VAT, within 10 days from booking a contract
3. stage: payment 10% of sales price (1,2 stages included) excluding VAT, within 30 days from previous stage
4. stage: payment 5% of sales price + VAT + VAT from previous stages, not later than 30/06/2018, signing of purchase agreement
5. stage: payment 5% of sales price + VAT, finished raw construction of the 15th floor (not later than 08/2018)
6. stage: payment 5% of sales price + VAT, finished raw construction of the 20th floor (not later than 10/2018)7. stage: payment 5% of sales price + VAT, finished raw construction of the roof (not later than 12/2018)8. stage: payment 5% of sales price + VAT, starting interior of the buildings (not later than 02/2019)9. stage: payment 5% of sales price + VAT, complete mechanical parts (not later than 04/2019)10. stage: payment 5% of sales price + VAT, complete the construction of units (not later than 06/2019)11. stage: payment 5% of sales price + VAT, handover of the operation unit (not later than 08/2019)
12. stage: payment 5% of sales price + VAT, complete test, test run (not later than 10/2019)
13. stage: payment 25% of sales price + VAT + maintenance fee 2%, handover (not later than 03/2020)
- 14. stage: payment 5% of sales price + VAT, issuing pink book
Construction progress:
For more info contact us on services@nhatrangrenting.com