Real Estate in Hanoi, Vietnam

Last updated on Apr 11, 2023

Summary: The most desirable neighborhoods in Hanoi, Vietnam are Ba Dinh, Hoan Kiem, Hai Ba Trung, Dong Da, and Cau Giay. The average cost to buy a nice 2 bedroom home in Hanoi is around $200,000 USD, while a nice 3 bedroom home can cost around $300,000 USD. These properties typically include modern amenities such as air conditioning, high-speed internet, and modern appliances. Foreigners are allowed to own property in Hanoi, but there are certain restrictions. For example, foreigners are not allowed to own land, and they must have a valid visa and work permit in order to purchase a property. The best way for an expat to search for a home to buy in Hanoi is to use a real estate agent or a property search website. These websites can provide detailed information about properties in the area, including photos, prices, and amenities. It is also important to research the neighborhood and the local market before making a purchase.

How do I find a place to live in Hanoi?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"One of the best ways to find a place to live in Hanoi is to search online for rental listings. There are many websites that offer listings for apartments, houses, and other types of accommodation in the city. Additionally, you can also look for listings in local newspapers and magazines. Additionally, you can also ask around in the local community for recommendations. Finally, you can also contact a real estate agent who can help you find a suitable place to live in Hanoi," explained one expat living in Hanoi, Vietnam.

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About the Author

Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.