3 star hotel for lease 50 rooms Phu Dong Thien Vuong Da Lat City

Hotel for Rent in Da Lat - Phù Đổng Thiên Vương 3-star, 50 rooms, Ward 8, 220 million VND/month

Are you seeking a hotel business investment opportunity in Da Lat with outstanding profit potential? Do not miss this 3-star hotel with 50 rooms located in a prime spot on Phù Đổng Thiên Vương Street, Ward 8. This is not just a property, but a solid foundation for you to realize your tourism business dreams. Act fast to seize this golden opportunity!

Below is detailed information about the hotel:

1. Land area: 275m2 (11 x 25m)

2. Rental price: 220,000,000 VND/month (approximately 9,167 USD/month, based on an exchange rate of 1 USD = 24,000 VND)

3. Access road: Wide road, spacious parking

4. Property status: Currently operating well, ready for immediate handover and management

Other highlights of the property:

1. Address: Phù Đổng Thiên Vương, Ward 8, Da Lat (Near Ngã 5 Đại Học intersection)

2. Land area: 275m2 (11x25m)

3. Structure: 1 basement, 1 ground floor, 7 upper floors

4. Functionality: 50 rooms

5. Interior: 4-5 star standard, can be decorated to the tenant's preference

6. Transportation: Convenient, close to the city center

7. Ready for business: Immediate operation possible

8. Rental price: 220,000,000 VND/month (approximately 9,167 USD/month)

9. Lease terms: 5-month deposit, payment every 3 months

10. Contract: 5 years

Need more information or expert advice?

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Golden opportunity to own a potential hotel in the heart of Da Lat

Da Lat, the city of a thousand flowers with cool year-round climate and poetic scenery, has always been a top destination for tourists, both domestic and international. The demand for accommodation in Da Lat continues to rise, especially during peak seasons and weekends. In this context, owning or leasing a hotel in a prime location, with standard scale and amenities, becomes an extremely attractive and sustainable investment. This 3-star hotel with 50 rooms on Phù Đổng Thiên Vương Street, Ward 8, is just such an opportunity. With a rental price of 220 million VND (approximately 9,167 USD) per month, along with clear contract terms and ready business potential, it is an ideal choice for investors or businesses looking to quickly enter Da Lat's vibrant tourism market.

Prime location: The heart of Ward 8's development

Phù Đổng Thiên Vương Street is not just a vital road but also a symbol of development and vibrancy in Ward 8, Da Lat. The hotel is located near Ngã 5 Đại Học, one of the key intersections, allowing tourists to easily travel to famous attractions such as Xuan Huong Lake, Da Lat Market, Da Lat Flower Garden, Valley of Love, and Bao Dai's Summer Palace. This location ensures high accessibility for tourists and convenience for service provision.

Ward 8, with its rapid urbanization, is increasingly attracting tourism and service projects. The presence of universities, dense residential areas, and public amenities such as hospitals, schools, supermarkets, restaurants, and high-end cafes, has transformed this area into a bustling center, offering both Da Lat's characteristic peaceful atmosphere and the dynamism of a developing urban area. The hotel's location on a main road with spacious parking is an extremely important advantage, especially in the context of Da Lat's increasingly overloaded traffic infrastructure during peak season. Ample parking helps solve one of the biggest problems for tourists visiting Da Lat, providing maximum convenience and comfort. A hotel here can not only serve tourists but also cater to business and conference guests due to its easily accessible location and surrounding amenities.

Outstanding business potential with 50 rooms

With a total of 50 rooms, this hotel has a large enough scale to serve a diverse range of customer segments, from individual travelers, couples, families, to tour groups or corporate event organizers. The large number of rooms optimizes revenue, especially during Da Lat's peak tourism periods. Having 50 rooms also provides flexibility in pricing and promotional programs, enhancing competitiveness in the market.

The hotel is built with a structure of 1 basement, 1 ground floor, and 7 upper floors, demonstrating thorough investment and optimal space utilization. The basement can be used for private parking, storage, or technical areas, effectively addressing the parking shortage in Da Lat. The ground floor typically houses the reception area, lobby, front desk, and can integrate a restaurant or small cafe to enhance guest amenities. The remaining 7 floors will accommodate guest rooms, with each floor potentially offering various room types to suit diverse guest needs.

Notably, the hotel's interior is designed to 4-5 star standards, providing a luxurious, comfortable, and elegant space. This elevates the guest experience while creating a professional and attractive image for the hotel. The ability to "decorate according to the tenant's preference" is a significant advantage, allowing the tenant to customize the interior style to match their brand or target customer segment without needing extensive structural changes. The ability to begin business immediately without a long construction or renovation period is an undeniable advantage, helping the tenant quickly generate cash flow and recover their investment.

Modern structure and optimized functionality

The hotel's structure of 1 basement, 1 ground floor, 7 upper floors is a smart design, suitable for Da Lat's unique terrain and maximizing usable area.

1. Basement: Can be used as spacious parking, technical area, storage, or even a laundry room, ensuring smooth and efficient hotel operations. Having private parking is a significant competitive advantage, attracting guests traveling by personal car.

2. Ground floor: Typically planned for reception, front desk, waiting area, and can integrate utility services such as a restaurant, cafe, or convenience store. This is where the first impression for guests is created.

3. 7 upper floors: Dedicated to 50 guest rooms, each floor is scientifically designed to ensure privacy and comfort for guests. This design also allows for maximizing Da Lat's beautiful views, an important factor in attracting tourists.

The land area of 275m2 (11x25m) is an ideal footprint for a 50-room hotel, allowing for the construction of a building with a wide frontage and sufficient depth to accommodate necessary amenities. The wide road and spacious parking further affirm the value of this property, alleviating concerns about traffic and parking for both guests and staff.

Financial analysis and investment returns

With a rental price of 220 million VND (approximately 9,167 USD) per month, this hotel offers an attractive profit opportunity, especially when compared to the cost of building and operating a new hotel from scratch. The terms of a 5-month deposit and payment every 3 months, along with a 5-year lease contract, provide stability and security for the investor, allowing for long-term business planning without worrying about sudden changes in rental costs.

Let's consider some real comparisons in the Da Lat market:

1. Comparison with new construction: To build a similar 3-star hotel with 50 rooms in Da Lat, the estimated cost for land (if a comparable location can be purchased), rough construction, finishing, interior, and permits could amount to tens of billions of VND, or even hundreds of billions, depending on location and standards. For example, a 275m2 plot in Ward 8 could cost from 30-50 billion VND (approximately 1.25-2.08 million USD, depending on specific location), plus construction costs (average 10-15 million VND/m2 (approximately 417-625 USD/m2) of floor area for a 3-star hotel; with 8 floors and an estimated floor area of 200m2/floor, the total floor area is about 1600m2, so construction costs would be around 16-24 billion VND (approximately 667,000-1 million USD)), not to mention 4-5 star interiors which could add tens of billions more. The total initial cost is substantial, requiring significant capital and a long implementation period of 2-3 years. By leasing this hotel, you only need an initial investment of about 1.76 billion VND (approximately 73,333 USD) (5 months deposit + 3 months initial rent) to start business immediately, saving significant time and capital.

2. Comparison with other hotels for rent: In the Da Lat market, hotels with similar locations or smaller scales often have widely varying rental prices.

Some 20-30 room hotels in more central locations might cost 120-180 million VND/month. However, their rent-to-room cost ratio might be higher, or their total potential revenue limited by smaller scale.

Hotels with 50 rooms but in areas further from the center or less well-equipped might have lower rental prices, for example, 150-180 million VND/month. However, this would come with higher marketing costs to attract guests, lower occupancy rates, and potentially shorter stays due to lack of surrounding amenities. The location on Phù Đổng Thiên Vương Street, near Ngã 5 Đại Học, is considered a prime location, ensuring a stable flow of guests.

3. Occupancy rate and revenue: Da Lat has a relatively high average hotel occupancy rate, often over 60-70% for 3-star hotels and above, and can reach 90-100% during peak seasons and weekends. Assuming an average room rate for a 3-star hotel in Da Lat is 700,000 - 1,000,000 VND/night (approximately 29-42 USD/night). With 50 rooms and an average occupancy rate of 70%, estimated monthly revenue could reach:

50 rooms x 70% x 30 days x 850,000 VND/room/night (approximately 35 USD/room/night) = Approximately 892,500,000 VND/month (approximately 37,187 USD/month).

After deducting the rental cost of 220 million VND (approximately 9,167 USD), and operating costs (staff salaries, utilities, laundry, maintenance, marketing, interior depreciation) of about 30-40% of revenue (260-350 million VND or approximately 10,833-14,583 USD), monthly gross profit could still amount to hundreds of millions of VND, indicating very high profit potential. These figures are examples based on general market research and need to be calculated in more detail according to the specific business model.

Competitive advantages and long-term value

This hotel is not just a short-term investment but also provides long-term value.

1. Stability of Da Lat's tourism market: Da Lat consistently ranks among Vietnam's top destinations, ensuring a stable and growing tourist base over time.

2. Brand building capability: With a good location and quality facilities, the tenant can easily build a strong hotel brand, establishing trust and attracting loyal customers.

3. Flexibility: 4-5 star standard interiors and the ability to decorate to the tenant's preference allow customization to suit new market trends or different target customer segments.

4. Long-term contract: A 5-year contract provides peace of mind and stability, allowing investors to focus on business development without worrying about finding a new location in the short term.

5. Opportunity for service expansion: Besides accommodation, the hotel can develop additional services such as a restaurant, spa, local tours, or small event organization to enhance revenue streams.

In summary, leasing the 50-room hotel on Phù Đổng Thiên Vương is a strategic decision for anyone looking to invest in Da Lat's tourism industry. This is a rare opportunity to acquire a ready-to-operate business asset, with a prime location, modern facilities, and outstanding profit potential, helping you quickly achieve success in this promising market.

Frequently Asked Questions about Hotel Rentals in Da Lat 

When considering leasing a hotel in Da Lat, many investors and businesses often have common questions. Below is a summary of frequently asked questions and general answers to provide a comprehensive overview.

1. What is the average hotel occupancy rate in Da Lat?

The average hotel occupancy rate in Da Lat typically ranges from 60-75% annually for 3-star and above segments, depending on the tourism season and the hotel's specific location. During peak seasons like holidays, Tết (Lunar New Year), summer, or weekends, this rate can reach 90-100%. Hotels with central locations, good amenities, and quality service usually achieve higher occupancy rates than the average.

2. What factors influence hotel rental prices in Da Lat?

Hotel rental prices in Da Lat are influenced by several key factors. Firstly, location: central areas or those near popular tourist attractions generally command higher prices. Next are the scale and number of rooms; larger hotels have higher total rental costs, but the price per room might be more reasonable. The quality of facilities, amenities (interior, accompanying services such as restaurants, spas, meeting rooms), legal status, lease duration, and the owner's reputation also play crucial roles in pricing.

3. Is Phù Đổng Thiên Vương Street a good location for a hotel business?

Yes, Phù Đổng Thiên Vương Street is considered one of the ideal locations for a hotel business in Da Lat. This area is near Ngã 5 Đại Học, an important traffic hub, providing easy connection to the city center and main attractions. Surrounded by complete amenities such as restaurants, cafes, convenience stores, and being a densely populated area with schools, it creates a vibrant business environment with the potential to attract various customer segments.

4. What are typical operating costs for a 50-room hotel?

Operating costs for a 50-room hotel include many categories. Staff costs (salaries, insurance) often constitute a significant portion. Next are electricity, water, internet, and cable TV costs. Other expenses include laundry (towels, bed sheets), consumable supplies (soap, shampoo), periodic maintenance and repairs, marketing and advertising costs, taxes and fees related to the tourism business, and administrative management costs. Total operating costs typically account for about 30-45% of the hotel's total revenue.

5. What are the important legal aspects when leasing a hotel in Vietnam?

When leasing a hotel in Vietnam, important legal aspects to consider include the legality of land ownership documents and assets on the land, existing hotel business licenses or the possibility of obtaining new ones, the lease term, and renewal clauses. Terms regarding the security deposit, payment methods, maintenance and repair responsibilities, and early termination clauses also need to be clarified. Legal consultation from a lawyer specializing in real estate is highly necessary to ensure the rights of both parties.

6. How can 456 Vietnam Da Lat assist in the process of leasing this hotel?

456 Vietnam Da Lat provides comprehensive services to assist clients throughout the hotel leasing process. We will update accurate and transparent information about the property, advise on rental prices and contract terms. We also facilitate direct connections with the owner, schedule property viewings, and support legal procedures related to the lease transaction. Our goal is to ensure that the transaction process is fast, smooth, and secure for our clients.

Do not miss this golden investment opportunity – Contact us now!

Da Lat's tourism real estate market is always dynamic and promising. Owning a ready-to-operate hotel in a prime location like Phù Đổng Thiên Vương Street is a smart strategic decision. With 50 rooms equipped with high-standard interiors, significant revenue potential, and a stable lease contract, this is a solid foundation for you to build a successful tourism business.

Do not let this opportunity pass you by! Contact 456 Vietnam Da Lat now for detailed consultation and to schedule a hotel viewing. Our team of experts is ready to assist you 24/7, ensuring you have all the information and support needed to make the most informed investment decision.

Need more information or expert advice?

456 Vietnam - Da Lat City – Your Trusted Real Estate Partner for Luxury Villas Apartments in HCMC | Rent & Buy with Confidence

📞 +84 09.3883.9977 (Zalo, Whatapps, Viber, Line, Telegram...)

💬 Wechat/Kakaotalk: xitruong456

📧 Email: info@456.com.vn

🌐 Website: 456.com.vn/en

🎵 TikTok/Youtube: 456vietnam

456 Vietnam - Da Lat City – Professional service for buying and renting luxury Villas apartments in Ho Chi Minh City, for both locals and expats.

Real Photos - Real Prices - Real Service.