Regional Overview
Phước Đồng and Hòn Rớ are redevelopment areas in southern Nha Trang, located along Nguyễn Tất Thành Avenue and serving as a major transportation route to Cam Ranh International Airport. Once a fishing village, the area has undergone government-led resettlement (tái định cư) projects and transformed into a planned residential complex. While distant from the city's beachfront tourist attractions, Hòn Rớ fishing village offers the charm of colorful fishing boats, local interactions, and fresh seafood.
Real Estate Market Status
The region's real estate consists primarily of resettlement land (tái định cư) and newly constructed townhouse-style apartments. Official development projects in Hòn Rớ 1 district have land prices ranging from 394,000–900,000 VND/m², with plot sizes of 66–112 m².
Recent Market Price Range
| Property Type | Area (m²) | Price Range (VND) | Notes |
|---|---|---|---|
| Land (resettlement) | 70–100 | 300–550M | Varies by road accessibility |
| Land (resettlement) | 100–120 | 450–600M | Differences by area, orientation, distance to main road |
| New townhouse (2–3 story) | 70–90 | 550–680M | Based on completion |
| Small condotel building | 75 (building) | 1B | Example: 7 units renting at 31M VND/month |
Prices listed reflect market quotations as of October 2026 and beyond. Actual transactions may vary significantly based on negotiation, seasonality, and specific location.
Location & Transportation
Phước Đồng is approximately 5–8 km south of Nha Trang city center. Travel time is 15–20 minutes by motorbike and 20–30 minutes by car. Cam Ranh Airport is approximately 30–40 minutes away, offering better airport accessibility than the city center. Nguyễn Tất Thành Avenue, which runs through the area, is a wide, well-maintained arterial road; however, police checkpoints and heavy motorbike traffic are common.
Living Infrastructure
Convenience Facilities
- Local Markets & Supermarkets: Small local markets and retail shops in the vicinity. Large supermarkets require travel to the city center
- Medical & Pharmacies: Small clinics and pharmacies available. Comprehensive medical services require city hospitals
- Restaurants & Cafés: Local food stalls and seafood restaurants dominate. Korean restaurants are very limited
- Telecommunications & Utilities: Coverage within major mobile carrier service areas. Home internet (ADSL, fiber-optic) available
Fishing Harbor Characteristics
The area is near fishing harbors, boat repair facilities, and seafood wholesale markets. Early morning fishing activities are active. Fresh seafood shopping is convenient, though fish market odors and morning noise may be bothersome for sensitive residents.
Resident Types & Suitability
Recommended For
- Vehicle/motorbike owners: transportation is essential
- Workers near Cam Ranh Airport
- Long-term residents prioritizing affordable housing purchase/rental
- Residents with high adaptability to local living
Not Recommended For
- Those prioritizing city center convenience, dining, and shopping accessibility
- Short-term visitors seeking proximity to tourist areas
- Residents sensitive to morning noise
Rental & Contract Considerations
- Deposit: Typically 1–2 months' rent
- Lease Term: Commonly 3 months–1 year. Long-term rental discounts are negotiable
- Utilities: Electricity, water, and internet billed separately. Clarify before signing
- Real Estate Agencies: Fewer real estate brokers than the city center; local contacts and Korean community networks are important
- Foreign Ownership: Real estate transactions (especially for foreigners) have legal restrictions; consult local lawyers and real estate experts
Preparation for Relocation
- Motorbike rental/purchase: Essential if frequent city center travel is needed
- Local cultural adaptation: Stronger local atmosphere than the city center; basic Vietnamese communication recommended
- Bank/utility accounts: Open at city center bank branches; pay online transfers
- Emergency contacts: Identify nearby medical facilities, police, and consulate locations
Conclusion
Phước Đồng and Hòn Rớ areas appeal with affordable housing prices and unique harbor character; however, city center living convenience is limited. Before renting or purchasing, visit in person, speak with current residents, and consult with local real estate agents and specialists to carefully assess your lifestyle and budget. Monitor current prices and regulation changes through local real estate platforms (Batdongsan.com.vn, Nhatot.com, Meeyland.com, etc.) and local representatives.
Latest Information
Rental rates, management fees, vacancy, and complex operating conditions vary by property and timing; make decisions only after site visits and broker confirmation.