This 28 square meter apartment in the HillSide Phu Quoc project offers a fully furnished living space priced at 2.2 billion VND, all-inclusive. Located directly beside the Hon Thom cable car station in Phu Quoc City, Kien Giang province, this one-bedroom, one-bathroom unit is positioned on the 7th floor of Building S4. The property is currently tenanted and is available for sale, presenting a turnkey opportunity for an investor seeking immediate rental income.
The apartment is designed for efficiency and comfort, with a balcony that faces east to capture the morning sun while remaining cool through the afternoon. The interior is fully furnished and ready for immediate occupation or continued rental, with the layout overlooking a quiet green area. The current tenant pays 10 million VND per month, and the unit also has the potential for daily rentals at a rate of 800,000 to 1,000,000 VND, indicating flexibility in how the space can be utilized.
Phu Quoc City is a major tourism hub, and this property’s location right at the cable car station places it at the center of high foot traffic. The area draws a steady stream of visitors heading to Hon Thom, which supports strong demand for short-term accommodation. The project itself provides the infrastructure of a managed development, and the apartment’s proximity to this transit point makes it a practical base for both vacationers and those working in the tourism sector.
This property is best suited for an investor focused on rental yield, as the current tenancy provides an estimated annual return of 5.45% based on the asking price. It also appeals to buyers seeking a legal, long-term ownership asset in Phu Quoc, as it comes with a pink book, a rarity in the area. The all-in price covers taxes, fees, and transfer documents, simplifying the transaction for an overseas or domestic buyer looking for a straightforward purchase.
The most compelling reason to consider this apartment is its combination of immediate income and legal security. The owner, who purchased the unit for 2.45 billion VND and completed the interior, is accepting a loss of over 300 million VND to achieve liquidity, meaning the current price is below the previous investment level. With a tenant already in place and a verified rental stream, this property offers a rare chance to acquire a fully operational rental unit in a prime Phu Quoc location without hidden costs or additional finishing expenses
