New listings in Vietnam are showing that the country’s real estate market is beginning to pick up.
The country has been reeling from the economic downturn and the political instability that has plagued it since the last election.
There are more than 10 million rental properties in the country.
While prices have fallen, they have not yet returned to their peak.
But the market is picking up.
«It’s the first time that I think I have seen that in my career,» said Joe O’Connor, president of The O’Conners Property Management Group, which operates about 500 rental properties.
In recent weeks, more than a dozen real estate agents have gone on the market in Vietnam.
One of the most popular listings is on a luxury apartment in Ho Chi Minh City.
The building, located at 1175 N. Nua Street, was the site of the last presidential election in 2016.
The property is a three-bedroom, two-bathroom apartment with a rooftop deck.
O’Donnell said he sold the property for $300,000 last year.
He said the price was higher because the property was vacant.
O,Connor said he also offered the property to the local government for about $250,000.
O.
Connor said that the government was interested in buying it.
The real estate broker who has been selling the property said that he expects that the property will see a bump in demand in the next couple of weeks.
O’Connor said it’s not clear how much the building will sell for, but that he is planning to increase the price.
He also said that a third of the unit is currently available for rent.
Another popular real estate listing on the Vietnamese market has a condo building on the site.
The complex, which is currently home to several businesses and a nightclub, is being sold for $100,000 per unit.
The property is in a relatively safe area and the building is currently being renovated, said O’Brien.
The most popular listing in Vietnam is on an apartment building in Hanoi.
The three-story building is located in a residential area near the old American-American University campus.
It is currently for rent, with a market price of $500,000, according to the broker.
On the market for a rental property in Hoi An Province, another popular real property is located on a residential street near the Old American University campus in Hoan Kiem.
The house, which has been for rent for three years, is currently on the auction block for about half of its asking price.
The listing is for $500 per month.
OBrien said that it is likely that the seller will sell the house.
O’Brien said he does not know how many apartments have been sold in Vietnam, but said that this is the first year that there have been so many listings.
«We are seeing more than ever before,» he said.
Vietnam has also seen a surge in foreign tourists, especially those from Japan and South Korea.
The influx of tourists has also brought a surge of construction activity, which O’Connell said is bringing new businesses to the area.
He said that when he started his career in real estate in Vietnam in the 1980s, it was very difficult to get foreign clients to come into the country because of the difficulty in getting visas and other approvals.
He now says that foreign tourists are showing up with more confidence in Vietnam and that there is a big demand for rental properties, which will help to drive down the price of rental properties as more people come to the country to rent.
«I think that this influx of foreign tourists will help the Vietnamese real estate industry and the rental industry,» he added.
«It will help us have a very strong local rental market.»
Follow David Pescado on Twitter: @pescadonews
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