Bui Thi Xuan st, Pham Ngu Lao Ward, Dist 1 , HCMC
Welcome, investors and businesses seeking a golden business opportunity in the vibrant heart of Saigon. An impressive large-scale luxury hotel premise on Bui Thi Xuan Street, District 1, Ho Chi Minh City awaits you. This is not just a property; it is an invitation to outstanding profitability, a prime location, and unlimited brand development potential.
Do not miss this rare opportunity to acquire a strategic business location.
1. Area: 9.9x28m
2. Rental Price: 100,000 USD/Month
3. Structure: 1 basement, 1 ground floor, 11 upper floors, elevator, rooftop, comprising 95 rooms
4. Contract Period: 10 years
Need more information or expert advice?
456 VietnamYour Trusted Real Estate Partner for Luxury Villas Apartments in HCMC | Rent & Buy with Confidence
π +84 09.3883.9977 (Zalo,Whatapps,Viber,Line,Telegam...)
π¬ Wechat/Kakaotalk: xitruong456
π§ Email: info@456.com.vn
π Website: 456.com.vn/en
π΅ TikTok/Youtube: 456vietnam
456 Vietnam Professional service for buying and renting luxury Villas apartments in Ho Chi Minh City, for both locals and expats.
Real Photos β’ Real Prices β’ Real Service.
Right now, let us delve into a detailed analysis of this unique investment opportunity.
Overview of Bui Thi Xuan Area, District 1
Bui Thi Xuan Street, located in the vibrant center of District 1, Ho Chi Minh City, has long been known as one of the busiest streets with high commercial value. Situated in the city's "golden triangle" area, Bui Thi Xuan benefits from a strategic location, easily connecting to main arteries such as Cach Mang Thang Tam, Nguyen Thi Minh Khai, and Le Lai, facilitating convenient traffic and movement.
This area is not only an administrative and economic hub but also a leading cultural and entertainment destination in the city. Surrounding Bui Thi Xuan are numerous famous landmarks, attracting a large number of domestic and international tourists:
1. Ben Thanh Market, a cultural and culinary icon of Saigon, just a few minutes away.
2. Nguyen Hue Walking Street, where major events take place and a popular meeting spot for young people.
3. Notre Dame Cathedral, Central Post Office, Independence Palace, historical architectural works bearing the imprint of time.
4. Bui Vien Walking Street (Western Street), a vibrant nightlife entertainment hub.
5. Major shopping centers such as Takashimaya, Vincom Center, offering premium shopping experiences.
The potential for tourism and business development on Bui Thi Xuan is immense. With a high density of hotels, restaurants, cafes, and tourism services, this area always maintains a strong appeal. The number of international and domestic tourists flocking to District 1 annually has shown stable growth, creating a rich demand for the accommodation and service industry. This is a key factor ensuring the success of any hotel project here.
Market analysis of hotels in District 1 shows that despite competition, large-scale hotels with prime locations and high-quality services consistently maintain impressive occupancy rates. Particularly, the mid-range and upscale hotel segments in District 1 often face a shortage of quality supply, opening up significant opportunities for farsighted investors. Owning a hotel premise with 95 rooms on Bui Thi Xuan is not just an investment in real estate, but an investment in a proven effective business model.
Detailed Information on the Hotel Premise for Rent on Bui Thi Xuan Street
We are discussing an asset of exceptional value, designed and built to optimize hotel business efficiency. These are the technical specifications and structural details that will satisfy even the most discerning investors:
1. Land Area: With dimensions of 9.9m x 28m, this premise offers a relatively large land area in the context of increasingly scarce central land in District 1. This area is spacious enough to construct an impressive-scale building with a wide, easily recognizable facade.
2. Detailed Structure: The hotel is built with a solid and modern structure, including:
1. 1 basement: A spacious parking area, storage rooms, or potential use as auxiliary service spaces like a spa or gym.
2. 1 ground floor: A luxurious reception lobby, front desk area, restaurant, or coffee shop, creating a strong first impression for guests.
3. 11 upper floors: Comprising hotel guest room floors, each floor is scientifically arranged to maximize space and convenience.
4. Elevator system: Modern elevator system, ensuring quick and convenient movement between floors, serving both guests and staff well.
5. Rooftop: An ideal space for developing additional services such as a rooftop bar, infinity pool, or relaxation area with panoramic city views, enhancing the guest experience.
3. Total Number of Rooms: With 95 rooms, this is a large-scale hotel, capable of meeting the needs of both group and individual travelers. The large number of rooms helps optimize revenue and the ability to serve diverse customer segments.
The outstanding advantages of this property are not limited to its scale and structure. They also include optimized functionality and modern design, ready for immediate operation or customization according to your brand style.
1. Optimized Functionality: Every space within the hotel is meticulously calculated to maximize its business purpose. From the waiting lounge, reception area to guest rooms and auxiliary facilities, all are logically arranged, ensuring convenient flow and the most comfortable experience for guests.
2. Modern Design: The building features a modern, luxurious architectural style, aligning with current hotel market trends. The airy facade is easy to decorate and brand. Inside, all spaces are designed to be open, leveraging natural light and views, creating a spacious and relaxing feel.
3. Superior Profit Potential: With a prime location, large scale, and complete infrastructure, this hotel has very high profit potential. Investors can tap into various revenue streams, not only from room rentals but also from auxiliary services such as restaurants, bars, spas, conferences, etc.
Financial Analysis and Attractive Lease Terms
Renting a large hotel premise in District 1 requires a thorough financial analysis. The rental price of 100,000 USD/Month for a 95-room hotel on Bui Thi Xuan Street, District 1, is a significant figure to consider. To assess the competitiveness of this price, we need to compare it with the market and accompanying factors.
In the hotel premise rental market in District 1, rental prices can vary widely depending on the specific location, scale, construction status, and number of rooms. According to recent market reports (illustrative data from Savills or CBRE), the rental price for 3-4 star hotels of similar scale on main streets like Ly Tu Trong, Le Thanh Ton, or Hai Ba Trung can range from 80,000 USD to 150,000 USD/Month, depending on quality and existing brand. Some smaller hotels, around 50-70 rooms, on larger alleys also have rental prices from 40,000-70,000 USD/Month.
Compared to competitors, the price of 100,000 USD/Month for a 95-room hotel on Bui Thi Xuan is considered quite reasonable and competitive, especially when considering its structure of 1 basement, 1 ground floor, 11 upper floors, and a rooftop. This price accurately reflects the value of the golden location and the exploitation potential of the property. With 95 rooms, an average revenue of merely about 35-40 USD/room/night with an occupancy rate of approximately 70% can cover rental costs and generate significant profits. 3-4 star hotels in District 1 typically have average room rates ranging from 60-100 USD/night, indicating very promising profit potential from this rental price.
The lease contract terms are also an important factor that investors need to consider. For this property, the terms are very transparent and structured to ensure stability and fairness for both parties in the long term:
1. Tenant Bears Taxes: This means that all taxes related to the hotel business operations and leasing will be the responsibility of the tenant. This is a common clause in large commercial property leases, helping the landlord simplify financial management and allowing the tenant to proactively account for costs.
2. 12-Month Deposit: A deposit equivalent to 12 months of rent is a substantial amount but reflects the value and scale of the asset. This is a strong guarantee for the landlord, while also demonstrating the seriousness and financial capability of the tenant.
3. Payment Every 24 Months: The two-year lump-sum payment term is a unique feature, offering significant benefits to the tenant in terms of cash flow management and minimizing recurring payment procedures. Paying for 24 months at once helps stabilize costs in the long term and reduces administrative burden.
4. Price Escalation Not Exceeding 10% Every 2 Years: A clear and limited price escalation clause is a significant advantage. The rental price increase not exceeding 10% after every 2 years provides stability and predictability for the tenant's business plan. In the context of inflation and market fluctuations, such a clause gives investors more confidence regarding long-term operating costs.
5. 10-Year Contract Term: A lease contract term of up to 10 years is a long-term commitment, providing absolute peace of mind for investors. With a large investment in hotel operation and brand development, a long-term contract is a crucial factor to ensure capital recovery and sustainable profitability. A 10-year period is sufficient to build a strong brand and cultivate a loyal customer base.
Why Bui Thi Xuan is an Ideal Choice for a Hotel in District 1?
Choosing the location is the primary factor determining the success of a hotel project. Bui Thi Xuan Street is not just a street but a perfect business ecosystem for the accommodation and service industry.
1. Diverse Service Ecosystem: Surrounding the hotel premise on Bui Thi Xuan is a dense network of amenities and services:
1. Restaurants, eateries: From street food to luxurious restaurants, catering to diverse tastes of tourists.
2. Cafes, bars: Creating relaxing and entertainment spaces for guests.
3. Convenience stores, mini-supermarkets: Meeting daily essential shopping needs.
4. Banks, ATMs: Convenient for financial transactions.
5. Spas, beauty salons: Health and relaxation services.
6. Representative offices, companies: Attracting business travelers and entrepreneurs.
The presence of such a diverse ecosystem helps the hotel easily provide added value to customers, while creating a dynamic business environment.
2. Tourists and Target Customer Segments: Bui Thi Xuan is located in the core tourist area of HCMC, where the majority of international and domestic tourists gather. Target customer segments include:
1. Leisure tourists: Seeking cultural, culinary, and shopping experiences in the city center.
2. Business travelers/entrepreneurs: Needing comfortable accommodation close to business centers and office areas.
3. Families: Desiring a safe and convenient location to explore the city.
With 95 rooms, the hotel can easily segment the market, targeting both groups and individual travelers, maximizing occupancy rates and revenue.
3. Brand Development Opportunity: A prime location like Bui Thi Xuan is a solid foundation for building and developing a strong hotel brand.
1. High Visibility: The wide facade on a major street makes the hotel easily recognizable.
2. Increased Brand Value: Presence in District 1 implies enhancing the brand's reputation and prestige.
3. Easy Customer Access: The central location helps marketing and promotional campaigns achieve higher effectiveness, attracting potential customers.
Investing in a hotel on Bui Thi Xuan is not just an investment in real estate, but an investment in your brand's position and future on HCMC's tourism map.
Leasing Process with 456 Vietnam
To ensure a smooth, transparent, and effective hotel premise leasing process, collaborating with a reputable partner like 456 Vietnam is essential. Although initial information might mention 456 Vietnam Da Lat, we pride ourselves on being a professional entity with an extensive network and deep expertise in commercial real estate, including the vibrant market in HCMC.
1. Ensuring Accurate Information and Clear Legality:
1. We are committed to providing detailed, honest information about the premise, from its area and structure to amenities.
2. All legal issues related to the property, ownership documents, and planning are thoroughly checked and clearly presented, helping clients feel completely secure about the legality of the transaction.
3. We are a trusted bridge between you and the owner, ensuring transparent transactions without complex intermediaries.
2. Comprehensive Support from A to Z:
1. In-depth Consultation: Our team of experts will listen to your needs, analyze the market, and provide the most useful advice to help you make informed decisions.
2. Arranging Property Viewings: We flexibly arrange viewing schedules 24/24, ensuring you can conduct on-site surveys at your most convenient time.
3. Negotiation Support: With extensive experience, we will assist you in negotiating lease terms, prices, and other commitments, aiming to achieve the best agreement for both parties.
4. Contract Finalization: We will assist in reviewing and finalizing all paperwork and lease contracts, ensuring all terms are clear, strict, and protect your interests.
3. Benefits of Partnering with 456 Vietnam:
1. Superior Expertise: We are not just brokers, but specialists in the real estate sector, especially in the hotel and commercial premises segment.
2. Time and Effort Savings: You will not have to search for, filter information, or worry about complex legal issues yourself.
3. Connecting with the Right People at the Right Time: We have a vast network, helping to connect you with reputable owners and investors quickly.
4. Continuously Updated Information: We regularly update new, attractive, and highly profitable real estate products on the market.
5. Dedicated Service: Our motto is to work transparently, maintain information confidentiality, and always prioritize the client's interests.
We understand that leasing a large hotel premise is a significant investment decision. Therefore, 456 Vietnam is committed to accompanying you every step of the way, from the initial search phase until the transaction is completed and operations are ready to commence.
About Hotel Premise Rental in District 1
Below are some common questions that investors inquire about when considering renting a hotel premise in District 1, along with detailed answers:
Q1: What is the level of competition in the hotel market on Bui Thi Xuan?
Answer: The hotel market on Bui Thi Xuan, and District 1 in general, has high competition as it is a central tourist and economic area. However, the competition primarily occurs in the segment of small, budget, or older hotels. For large-scale hotels with prime locations and modern facilities like this premise (95 rooms, 1 basement, 1 ground floor, 11 upper floors), quality supply is quite scarce. This creates a significant advantage, allowing the hotel to attract a more upscale clientele and achieve better occupancy rates, especially with an effective business and marketing strategy. According to reports from market research firms, the average occupancy rate of 3-4 star hotels in District 1 typically exceeds 70% in recent years (excluding the pandemic period), indicating large exploitation potential.
Q2: What documents do I need to prepare to rent this premise?
Answer: To rent this hotel premise, clients (individuals or corporate representatives) need to prepare the following basic documents:
1. For individuals: Valid Identity Card/Citizen ID or passport.
2. For businesses:
1. Business Registration Certificate (certified copy).
2. Power of attorney or decision appointing the signatory (if the signatory is not the legal representative).
3. Identity Card/Citizen ID or passport of the signatory.
Additionally, the landlord may request proof of financial capability (e.g., bank statements, financial reports) to ensure the ability to pay the deposit and rent according to the contract. 456 Vietnam will provide detailed guidance and assist you in preparing all necessary documents.
Q3: Is there any possibility of further negotiation on the rental price and terms?
Answer: The rental price of 100,000 USD/Month and terms such as a 12-month deposit, payment every 24 months, price escalation not exceeding 10% after 2 years, and a 10-year contract have been established based on market value and the owner's wishes. However, in all real estate transactions, negotiation is always possible. Successful negotiation depends on many factors such as the goodwill of both parties, the financial capacity of the tenant, the timing of the transaction, and other commitments the tenant may offer (e.g., commitment to significant investment in upgrades, or early rent payment). 456 Vietnam, with its experience, will act as a bridge, assisting you in negotiating to achieve the best possible conditions, based on principles of fairness and reasonableness for both parties.
Q4: Does 456 Vietnam support hotel operation management after leasing?
Answer: 456 Vietnam focuses on connecting and completing real estate sales and leasing transactions. We specialize in searching, consulting, and providing legal support for the leasing process. However, while we do not directly provide hotel operation management services after leasing, we can introduce you to professional and reputable partners in the hotel and tourism management sector with whom we have cooperated or are familiar. We are always willing to assist you in finding additional solutions to ensure the success of your business operations.
Q5: Is the security situation in the Bui Thi Xuan area suitable for hotel business operations?
Answer: The Bui Thi Xuan area is located in the center of District 1, where the city government pays special attention to maintaining security and order. This is an area with a high density of residents and tourists, and it is also home to many important agencies and organizations. Therefore, the security situation in Bui Thi Xuan specifically and District 1 in general is always maintained at a high level. Patrols and checks occur regularly, and surveillance camera systems are widely installed. Therefore, you can be completely confident in the security environment for hotel business. Additionally, the hotel itself will have internal security systems to ensure absolute safety for customers and assets.
Do Not Miss This Golden Investment Opportunity in the Heart of HCMC
With detailed analysis of its prime location, outstanding business potential, modern structure, and attractive lease terms, the large hotel premise on Bui Thi Xuan Street, District 1, HCMC, is truly an investment opportunity not to be missed. This is not just an asset, but a gateway to success and sustainable growth for your business in the promising accommodation service industry.
It is time to turn vision into reality. Do not let this golden opportunity pass you by.
Contact 456 Vietnam immediately to receive professional consultation, arrange property viewings, and begin your journey to conquer the HCMC hotel market. Our team of experts is always ready to listen, support, and accompany you anytime, anywhere.
Need more information or expert advice?
456 Vietnam Your Trusted Real Estate Partner for Luxury Villas Apartments in HCMC | Rent & Buy with Confidence
π +84 09.3883.9977 (Zalo,Whatapps,Viber,Line,Telegam...)
π¬ Wechat/Kakaotalk: xitruong456
π§ Email: info@456.com.vn
π Website: 456.com.vn/en
π΅ TikTok/Youtube: 456vietnam
456 Vietnam Professional service for buying and renting luxury Villas apartments in Ho Chi Minh City, for both locals and expats.
Real Photos β’ Real Prices β’ Real Service.
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