This is what a $300,000 house looks like in Da Nang... you'd be shocked.

This video is a detailed real estate tour in Da Nang, focusing on the local housing market. The host visits a local house in the Hai Chau district, which has 84 square meters of land and costs approximately $300,000 (7.5 billion VND). A real estate agent, Mi, explains the market dynamics, including that land prices have increased 10x in the last decade. For foreigners, buying land is prohibited; only condos and villas are available with a 50-year leasehold. The cheapest condo starts at around $150,000 for a two-bedroom unit. The agent recommends investing in Da Nang long-term, noting that the market has recovered since the pandemic and prices are rising again. The video also compares Da Nang to other cities like Saigon, Chiang Mai, and Hoi An for living and investment, and outlines the legal pathways for foreign ownership.

Key Facts

1. $300,000 for a local house on 84 sqm in Hai Chau district (2025).
2. Foreigners can only buy condos or villas (not land) with a 50-year leasehold, renewable.
3. Cheapest condo for foreigners starts at $150,000 for a two-bedroom unit.
4. Land prices in Hai Chau increased 10x from 2016 ($100k) to 2025 (~$700k including house).