2.2 Billion All-In Beach Apartment at Phu Quoc Cable Car Station – For Rent Long Term, Fully Furnished
kien giang, Phu Quoc City
1Beds1Baths28.00m²
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About this property
This fully furnished beach apartment offers a rare opportunity near the Hon Thom cable car station. The owner needs liquidity and has reduced the price, making it ideal for investors seeking strong rental cash flow (approx. 5% per year).
Apartment Details:
- Apartment code: S40703 (Building S4, 7th floor) in the HillSide Phu Quoc project, right next to the cable car station.
- Area: 28 m² with a balcony, fully furnished and ready for move-in or immediate rental.
- Balcony faces east, catching the morning sun and staying cool all day, overlooking the quiet green interior.
- Currently rented for 10 million per month; daily rental rate is 800,000–1,000,000 VND.
- Legal: Pink book with long-term ownership (rare in Phu Quoc).
- Estimated rental yield: 10 million × 12 months ÷ 2.2 billion = 5.45% per year (excluding finishing costs and utilities).
Price & Commitment:
- Closing price: 2.2 billion VND, negotiable (all-in price includes taxes, fees, transfer documents; no hidden costs).
- Previous owner bought at 2.45 billion and completed the interior but needs urgent liquidity, accepting a loss of over 300 million VND.
Advantages:
1. Current market price for similar sea-view apartments is over 3.5 billion VND.
2. New building units from the investor start at 2.6 billion but have only 70-year legal status and are not built or furnished.
3. This apartment is ready with stable rental cash flow of 10 million per month, thanks to the constant tourist flow to the cable car station
Apartment Details:
- Apartment code: S40703 (Building S4, 7th floor) in the HillSide Phu Quoc project, right next to the cable car station.
- Area: 28 m² with a balcony, fully furnished and ready for move-in or immediate rental.
- Balcony faces east, catching the morning sun and staying cool all day, overlooking the quiet green interior.
- Currently rented for 10 million per month; daily rental rate is 800,000–1,000,000 VND.
- Legal: Pink book with long-term ownership (rare in Phu Quoc).
- Estimated rental yield: 10 million × 12 months ÷ 2.2 billion = 5.45% per year (excluding finishing costs and utilities).
Price & Commitment:
- Closing price: 2.2 billion VND, negotiable (all-in price includes taxes, fees, transfer documents; no hidden costs).
- Previous owner bought at 2.45 billion and completed the interior but needs urgent liquidity, accepting a loss of over 300 million VND.
Advantages:
1. Current market price for similar sea-view apartments is over 3.5 billion VND.
2. New building units from the investor start at 2.6 billion but have only 70-year legal status and are not built or furnished.
3. This apartment is ready with stable rental cash flow of 10 million per month, thanks to the constant tourist flow to the cable car station
Details
2.2B VND ≈ $86,460 USD| Property type | Apartment |
| Status | For Sale |
| Location | kien giang, Phu Quoc City |
| Size | 28.00 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Interior | Fully furnished |
| Legal Type | Red / pink book (title deed) |