This 49 square meter apartment is offered for sale at 107 million VND in the Hillside Residence development, located within Sunset Town on Phu Quoc Island in Kien Giang Province. It is a one-bedroom, one-bathroom unit on the 16th floor of building S4, with a west-south orientation. The property is fully furnished and is being sold by an owner who is accepting a significant financial loss of more than 1.8 billion VND, making the asking price competitive for this specific location and view.
The apartment, which has been handed over and is currently operating as a rental, provides a living space that maximizes its elevated position. The 16th-floor balcony in building S4 offers a panoramic view that includes Phu Quoc's sea, the nightly fireworks, the Kiss of the Sea show, and the lights of Sunset Town. The interior is complete with furnishings, allowing for immediate use or continued operation without the need for additional investment in furniture or fittings.
Sunset Town is a prominent tourist destination in South Phu Quoc, an area experiencing growth driven by infrastructure and tourism developments related to APEC 2027. The property is situated within this active environment, where the surrounding entertainment offerings and coastal setting contribute to a dynamic atmosphere. This location places the apartment within a zone that is central to Phu Quoc's current tourism and development narrative.
This property is well-suited for an investor seeking an operational rental asset with existing cash flow, as the unit is currently functioning in the accommodation market. It also appeals to a buyer looking for a fully furnished holiday residence in a coastal tourist hub, where the long-term legal ownership provides a clear title. The combination of a working rental operation and a scenic, elevated position makes it a practical option for those prioritizing immediate income generation.
The primary advantage of this apartment is its combination of a high-floor sea view, full furnishings, and an active rental status, all supported by long-term legal ownership. The seller's willingness to absorb a loss of over 1.8 billion VND positions the price competitively against similar units with comparable views in the same area. As Phu Quoc's market evolves, this property offers a direct entry point into a sought-after segment of the local real estate market