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Official Gazette

Thursday, October 6, 2022
Tags: condotels
Mixed opinions over ministrys proposal for limited-term apartment ownership Mixed opinions over ministry’s proposal for limited-term apartment ownership
Tourism real estate - a need to address legal issues for removing obstacles for foreign investors Tourism real estate - a need to address legal issues for removing obstacles for foreign investors
Tourism real estate is regarded as a “magnet” luring foreign investors. However, legal issues regulating this type of immovable property remain problematic for investors during implementation of their projects in Vietnam. This article analyzes some limitations in legal provisions on tourism property and puts forward some recommendations for dealing with the shortcomings.
More regulations needed to promote condotel market development More regulations needed to promote condotel market development
Detailed regulations are needed to promote a healthy condotel market, which has been going off-track for years due to an unclear legal framework, experts have said.
How to shape a legal framework for the condotel market How to shape a legal framework for the condotel market
The case of Cocobay stirs concerns about the future of condotel complexes, a type of property projects which has been mushrooming all over the country in the past few years. It also gives rise to an urgent need to shape a legal framework for condotel development, ownership and management which would facilitate the operation of real estate developers and investors as well as state management work of authorities.
Condotel property market in urgent need of new regulations standards Condotel property market in urgent need of new regulations, standards
A legal framework covering condotel properties is urgently needed to protect the rights of both developers and buyers and to ensure sustainable development.
Property rules for condotels needed Property rules for condotels needed
The Ministry of Construction has proposed the Government to assign the Ministry of Natural Resources and Environment to study amendments to the land law, especially regulations on classification and mechanism for use of mixed land areas and grant of certificates of land use rights and ownership of houses and other land-attached assets for condotels.

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