Phu Quoc’s Real Estate Market in 2025: Vietnam’s Tropical Investment Hub

In 2025, Phu Quoc Island solidifies its status as Vietnam’s premier real estate market, propelled by tourism growth, $2.3 billion in infrastructure, and 10–15% price appreciation. With 5.8 million projected visitors and a $3 billion residential sector, Phu Quoc attracts investors to Duong Dong and An Thoi. High-end condos and luxury villas, backed by projects like Sun Premier Village, command premium prices, but an 8% unsold inventory and foreign ownership caps demand strategic moves.

The Market’s Momentum

Phu Quoc’s tourism surge, with 1.4 million visitors in Q1 2025 (320,888 international), drives property demand in Duong Dong and An Thoi. Standard condos ($80,000–$200,000, 50–60 sqm) and luxury condos ($300,000–$750,000) dominate sales, per dotproperty.com.vn listings. Houses average $400,000, while luxury villas range from $700,000 to $2 million. Q1 2025 saw 2,000 condo units sold, valued at $400 million (24,000 VND = 1 USD). An 8% unsold inventory signals robust demand but risks oversupply in Cua Can.

“Phu Quoc’s market is unmatched for luxury investments,” says Le Thi Ngoc, a Duong Dong-based real estate agent with 15 years of experience. “Beachfront properties are skyrocketing in value.”

Q1 2025 Market Snapshot

Metric	Value
Median Condo Sale Price	VND 3.6 billion (~$150,000 USD)
Median Luxury Condo Sale Price	VND 8.4 billion (~$350,000 USD)
Median House Sale Price	VND 9.6 billion (~$400,000 USD)
Median Luxury Villa Sale Price	VND 21.6 billion (~$900,000 USD)
Tourist Visitors (2025 Projection)	5.8 million
Unsold Condo Inventory	8%
Annual Price Growth	10–15%

Infrastructure Fueling Growth

Vietnam’s $2.3 billion investment in Phu Quoc’s 2025 infrastructure amplifies its real estate allure. The Phu Quoc International Airport expansion ($1 billion) targets 10 million passengers by 2030, boosting Duong Dong property values. Duong Dong Port ($0.8 billion) enhances trade, lifting An Thoi prices by 5–10%. Road and utility upgrades ($0.5 billion) improve access, though environmental concerns persist.

Investment Dynamics

From 2020 to 2025, $1.5 billion flowed into Phu Quoc’s real estate: 50% ($0.75 billion) for condos, 40% ($0.6 billion) for houses and villas, and 10% ($0.15 billion) for commercial. Foreign buyers, mainly Singaporeans and Chinese, drove 35% of 2023 condo sales and 20% of villa purchases, targeting projects like Sun Premier Village ($150,000–$400,000) and Park Hyatt Residences ($500,000–$1M). The charts below track sale prices, foreign buyer share, and price/sqm for condos, luxury condos, houses, and luxury villas.

Why Phu Quoc Stands Out

Phu Quoc’s 10–15% price growth outpaces Vietnam’s 10–15% average, with tourism and infrastructure insulating investors from global slowdowns. Foreign buyers, capped at 30% of condo units and 10% of villas, target projects like Sun Premier Village, drawn by Phu Quoc’s beaches and global accolades.

Navigating Challenges and How to Ride the Wave

Phu Quoc’s market shines, but an 8% unsold condo inventory risks price softening if tourism dips. Supply constraints (1,800 new condo units, 400 houses) may push prices, favoring projects like Park Hyatt Residences. Investors should focus on Duong Dong and An Thoi, where infrastructure drives growth, and engage local agents to navigate ownership laws.

Phu Quoc’s $3 billion real estate market, backed by $2.3 billion in infrastructure, is a cornerstone of Vietnam’s $53.75 billion sector in 2025. “Premium beachfront properties are the safest bet,” advises Ngoc.

_{Disclaimer: Some of the property price data is sourced from various international real estate business 2025 property reports. Although we have undertaken detailed analysis, prices are estimates and may vary by project. Always consult a legal advisor before investing and partner with a reputable real estate agent or agency.}