A walkthrough of a two-bedroom apartment at the Altera Suites (Four Points Sheraton building) on Da Nang's beach boulevard, highlighting that rental prices have surged 40-50% over five months. The 75-square-meter unit on the 27th floor rents for 32 million VND ($1,250 USD/month) with ocean views, a full kitchen, and access to a rooftop pool and gym. Real estate agent Tony Lam notes limited inventory and fast-moving listings, advising prospective renters to contact him only after arriving in Da Nang because current market data becomes stale within weeks. The video targets expats, digital nomads, and retirees planning a move, warning that cheap long-term rentals are becoming scarce. It contrasts past rents of 21-22 million VND for similar units 18 months ago to demonstrate the upward trend. The pool and gym are separate from the Sheraton Four Points hotel facilities.
Key Facts
- 32 million VND (~$1,250 USD/month) for a 2-bedroom ocean-view apartment at Altera Suites (27th floor, 75m²).
- Rental prices increased 40-50% over the past 5 months in Da Nang.
- A similar unit in the same building rented for 21-22 million VND about 18 months ago, and 25 million VND on a lower floor 4 months ago.
- The Altera Suites building is directly across from a beach-side open lot on Da Nang beach boulevard, connected to the Sheraton Four Points hotel.
- Contact real estate agent Tony Lam only after arriving in Da Nang because available rentals get snapped up quickly and listings become stale within weeks.
