Selling urgently at a loss on the sale contract, price 5.2 billion, apartment 102m2 (2 bedrooms) InterContinental Phu Quoc***

The InterContinental Residences Phu Quoc operates as a 20-storey, five-star hotel building positioned roughly 1.2 km from the beachfront and about seven minutes from Phu Quoc International Airport. This 102 m² apartment, offered for sale at 5.2 billion VND, includes two bedrooms and three bathrooms, with the owner selling at a loss against the original 6.5 billion VND contract price. The unit is part of an actively managed hotel complex under the IHG Group, and the sale price reflects an urgent transfer of the existing purchase agreement.

The interior comes fully furnished with imported furniture from the InterContinental hotel brand, matching the standard of the operating rooms visible on IHG’s booking page. With a west-south orientation, the apartment takes in direct sea views from its elevated position in the building, with the layout providing a clear 102 m² of usable space. The property is delivered as a turnkey residence, meaning the new owner can move in or begin leasing without any additional fit-out work.

The building stands as the tallest hotel property on Phu Quoc island, which gives the apartment a distinct vantage point over the surrounding landscape. The location places daily conveniences within a short drive, including the airport for frequent regional connections and the beach area approximately 1.2 km away. The island’s status as a developing tourism hub supports year-round demand for short-stay accommodation, and the hotel’s existing operation means the infrastructure, staffing, and booking systems are already in place.

This sale suits investors seeking an income-producing asset with minimal management involvement, as the hotel operator handles all leasing and guest services. The property also appeals to buyers who want personal access to a five-star resort without the overhead of full ownership costs, given the included family travel benefits. Those comfortable with a standard hotel revenue-share model, where the owner receives 40% of generated income, will find the structure straightforward and professionally administered.

The key advantage here is the combination of an active operational asset and a below-market entry price, with the seller absorbing a 20% loss from the original contract value. The rental guarantee of at least 9% annually for nine years provides a measurable floor on returns, while actual receipts have reached 500 million VND per year, including during the COVID period. Additionally, the owner receives 15 free nights annually, each valued between 5 and 7 million VND, which offsets personal travel costs. For a buyer seeking immediate cash flow from a branded resort property in a growing island market, this apartment offers a documented performance record and a price below replacement cost