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Indochina Land has sold around half of the 15 Six Senses Private Residences serviced villas it has built so far in the southern island of Con Dao to foreigners.
The fund, a subsidiary of Indochina Capital, sold them at US$2 million-$3 million each, mostly to European buyers.
The $33 million Six Senses Hideaway Con Dao, a joint venture between Indochina and the Thailand-based Six Senses Resorts & Spa Co, will have 35 villas with private pools and 15 luxury residential villas with two pools each.
Indochina Capital has developed and financed over $1 billion in real estate projects in Vietnam covering a range of property types from residential, retail and commercial, resorts and hotels, to industrial properties.
Six Senses, established in 1995, is a resort and spa management and development company which manages resorts under the brands Soneva, Six Senses Hideaway, Six Senses Latitude, and Evason as well as Six Senses Spas and Six Senses Destination Spas.
It manages five properties in Vietnam and a total of 41 in six countries.
