A 12.54-hectare beachfront resort on the DT719 coast road, operated to Best Western Premier standards — 50-year leasehold ownership
Costamigo Phan Thiet is a 12.54-hectare resort complex on the DT719 coastal road in Tan Thanh commune, Lam Dong province (before the administrative reorganisation: Thuan Quy commune, Ham Thuan Nam district, Binh Thuan province) — the resort's own operating website lists both the new and the former address side by side. The project has roughly 600 m of private beachfront according to VnExpress, Vietnam News and WowWeekend (some other sources record over 500 m), and is planned around three product lines: 96 resort villas, 30 shoptels and an 18-storey condotel tower of approximately 600–700 units depending on the source. The architecture draws on Mediterranean styling, with low building density and most of the site given over to landscaping and resort amenities.
**Legal status: 50-year leasehold ownership.** This is the first thing to understand. Every product at Costamigo — villas, shoptels and condotel units alike — sits on commercial-services land and is issued a pink book (so hong) with a 50-year term counted from the date of land allocation (land allocation decision No. 2590/QD-UBND dated 27/09/2018), leaving roughly 42 years as of 2026. This is not commercial residential housing, and it is not a permanent long-term title. For foreign buyers, the routes commonly used at the project are a 50-year long-term lease agreement, a rental-operation cooperation, or investment through a Vietnamese legal entity; a foreign individual cannot be named on the certificate for this product type. Buyers should ask for a copy of the land allocation decision, check the remaining term stated on the certificate, and have a lawyer review the contract before paying.
**The project is genuinely in operation.** According to CafeLand (updated 12/2025), phase 1 has been completed and 25 villas plus 2 shoptel clusters put into operation; on 10/01/2026 the resort officially opened under the Costamigo BW Premier Collection by Best Western brand, managed by IOM to Best Western Premier standards. Bao Dau Tu (14/01/2026) reported that the 18-storey condotel component is expected to launch from Q2/2026, but as of 08/2026 there is no official confirmation that sales have opened. In the southern Vietnamese resort property market of 2026 — where buyers have shifted their attention to legal status, construction progress and operating capability rather than location alone — having part of the inventory already built and receiving real guests is a meaningful advantage, though it does not change the leasehold nature of the asset.
**About the developer.** Most sources (CafeLand, Thu Vien Nha Dat and the distribution agencies) name the project's legal investor as Bien Que Huong – Phan Thiet Co., Ltd, established in 2016; tctd.vn alone records the entity as Bien Que Huong Binh Thuan Co., Ltd. The development and sales arm is ERAS Land Real Estate Investment JSC (Cong ty Co phan Dau tu Bat dong san Eras Land), a member of Eras Group. Eras Group started out in agricultural produce in 2014 with charter capital of VND 10 billion, raised capital over several stages and then pivoted into real estate; its ecosystem today includes Eras Land, Eras Da Lat and Era Farm along with several projects in Lam Dong. The project holds investment approval decision No. 3579/QD-UBND (05/12/2016) under the legal name "Bien Que Huong Community Tourism Services Area", and land allocation decision No. 2590/QD-UBND (27/09/2018). Close to 20 real estate companies are currently distributing the project.
**Indicative pricing (cross-checked 08/2026).** Shoptels of 75–176 m² are quoted at roughly VND 5.9–8 billion per unit, with the top of that range already including furniture. Duplex villas start from VND 12 billion; through the Dat Xanh distribution channel, duplex villas are currently quoted at VND 15.6 billion for bare-shell handover and VND 18.9 billion fully furnished. Large detached villas of 365–595 m² fall in the VND 22–37 billion range on agency price lists. The spread between sources reflects differences in sales phase, plot position, sea orientation and handover specification, so these figures are indicative only.
**Who is it for?** The first group is Ho Chi Minh City families looking for a coastal second home within a 2–2.5 hour drive, who would rather buy a finished product with an international operator handling management and maintenance on their behalf. The second is investors chasing rental cash flow, leveraging the Best Western brand and the ready-made amenity ecosystem; this group needs to model seasonal occupancy carefully, read the operating cooperation terms closely, and accept that a remaining term of roughly 42 years will affect liquidity on resale. Conversely, anyone seeking a permanent freehold title as a long-term store of value should think carefully or choose a different product type.
Happy Land supplies the original developer price list, remaining inventory by subdivision, payment schedules, the legal file (land allocation decision, sample 50-year pink book) and the discount policies currently in force. Get in touch for the latest price list and for help choosing a unit that fits your budget and your investment goals.
📍 Tan Thanh commune (formerly Thuan Quy commune, Ham Thuan Nam district), Lam Dong province
Costamigo Phan Thiet sits on the DT719 coastal road in Tan Thanh commune, Lam Dong province — an area that was previously Thuan Quy commune, Ham Thuan Nam district, Binh Thuan province, and that the market still commonly refers to as the Phan Thiet coast. This address follows the resort's official operating site (costamigobwpremiercollection.com, which lists the new and former addresses side by side) as well as articles in VnExpress, Vietnam News and WowWeekend; some property news sites still mistakenly place the project in Tien Thanh, Phan Thiet. The project fronts the East Sea directly with roughly 600 m of private beach, on the Thuan Quy – Ke Ga stretch of coast, where the sand shelves gently, the population is sparse and building density is still low compared with Mui Ne. DT719 is the coastal route running straight back to the former Phan Thiet centre, about a 30-minute drive, and it also continues south to Ke Ga and La Gi; the new DT719B route shortens the run down from Phan Thiet further still. From Ho Chi Minh City the drive is around 2–2.5 hours now that the Dau Giay – Phan Thiet expressway has opened, against 4–5 hours on National Highway 1 before. Tourism infrastructure around the project keeps building out with the Vinh Hao – Phan Thiet expressway, Phan Thiet Airport at Thien Nghiep and the chain of resorts taking shape along Thuan Quy – Ke Ga. Familiar sights such as Ke Ga Lighthouse, Ta Cu Mountain, the sand dunes and the Mui Ne fishing village are all within day-trip range, letting resort products here draw both weekend visitors from Ho Chi Minh City and longer-staying guests.
A 12.54-hectare resort complex fronting the sea directly on the DT719 coast road, with roughly 600 m of private beachfront (some sources record over 500 m)
Operated to Best Western Premier standards under the Costamigo BW Premier Collection brand, officially opened on 10/01/2026
Phase 1 completed, with 25 villas and 2 shoptel clusters already in operation — buyers can inspect a finished product rather than buy off plan; note that every product is 50-year leasehold on commercial-services land (roughly 42 years remaining)
A varied inventory: shoptels of 75–176 m² at around VND 5.9–8 billion, duplex villas from VND 12 billion, detached villas of 365–595 m² at around VND 22–37 billion (indicative, 08/2026)
An 18-storey condotel tower of approximately 600–700 units depending on the source, expected to launch from Q2/2026 according to Bao Dau Tu (14/01/2026); no confirmation of a sales launch as of 08/2026
Products at Costamigo (resort villas, shoptels and condotel units) sit on commercial-services land and are issued a pink book (so hong) carrying 50-year leasehold ownership counted from the date of land allocation (land allocation decision No. 2590/QD-UBND dated 27/09/2018), leaving roughly 42 years as of 2026; this is not commercial residential housing. The 30% cap on the number of apartments in a single building that may be owned by foreigners under the 2023 Law on Housing therefore does not apply here, and a foreign individual cannot be named on the certificate for this product type. The practice at the project is for foreigners to sign a 50-year long-term lease, enter a rental-operation cooperation, or invest through a Vietnamese legal entity — none of which is permanent ownership. Have a lawyer review the contract and confirm the remaining term stated on the certificate before you pay. Eligibility must be checked for the property type, project, specific unit and buyer. Read the foreigner guide →
Costamigo Phan Thiet is a 12.54-hectare resort complex on DT719 in Tan Thanh commune, Lam Dong province (formerly Thuan Quy commune, Ham Thuan Nam district, Binh Thuan), with roughly 600 m of private beachfront (some sources record over 500 m). It comprises 96 resort villas, 30 shoptels and an 18-storey condotel tower of approximately 600–700 units depending on the source. Most sources name the investor as Bien Que Huong – Phan Thiet Co., Ltd, with ERAS Land Real Estate Investment JSC (Eras Group) as the development arm. The resort opened on 10/01/2026 under the Costamigo BW Premier Collection by Best Western brand. Every product is 50-year leasehold on commercial-services land.
On indicative figures cross-checked in 08/2026: shoptels of 75–176 m² at roughly VND 5.9–8 billion per unit (the top of the range already includes furniture); duplex villas from VND 12 billion, with the Dat Xanh distribution channel currently quoting VND 15.6 billion for bare-shell handover and VND 18.9 billion fully furnished; and detached villas of 365–595 m² at roughly VND 22–37 billion on agency price lists. Prices move with each sales phase, plot position and handover specification, and this is a 50-year leasehold product. Contact Happy Land for the original price list and the remaining inventory.
No. The project sits on commercial-services land and is issued a pink book carrying 50-year leasehold ownership counted from the date of land allocation (land allocation decision No. 2590/QD-UBND dated 27/09/2018), leaving roughly 42 years as of 2026. This applies to the villas, the shoptels and the condotel alike. Before signing, buyers should request a copy of the land allocation decision, check the remaining term stated on the certificate, and weigh how that term will affect liquidity on resale.
Not in their own name as owners. Products at Costamigo sit on commercial-services land with a 50-year leasehold pink book and are not commercial residential housing, so the rule allowing foreigners to own up to 30% of the apartments in a single building under the 2023 Law on Housing does not apply here. In practice, foreigners access the project through a 50-year long-term lease, a rental-operation cooperation, or investment via a Vietnamese legal entity — none of which is permanent ownership. Happy Land can advise on the right structure and introduce a lawyer to review the contract.
Costamigo Phan Thiết is priced Shoptels of 75–176 m² are quoted at roughly VND 5.9–8 billion per unit (the top of the range already includes furniture); duplex villas start from VND 12 billion, and detached villas of 365–595 m² run about VND 22–37 billion. Figures are indicative, cross-checked as of 08/2026, and apply to products held under 50-year leasehold on commercial-services land.. Contact Happy Land for the detailed price list and current available units.
Costamigo Phan Thiết is developed by Công ty TNHH Biển Quê Hương – Phan Thiết (một số nguồn, như tctd.vn, ghi là Công ty TNHH Biển Quê Hương Bình Thuận); đơn vị phát triển – kinh doanh: Công ty Cổ phần Đầu tư Bất động sản Eras Land (ERAS Land Real Estate Investment JSC), thành viên Eras Group, located in Tan Thanh commune (formerly Thuan Quy commune, Ham Thuan Nam district), Lam Dong province. Project scale: 12.54 ha with roughly 600 m of private beachfront (some sources record over 500 m). Comprising 96 resort villas, 30 shoptels and one 18-storey condotel tower of approximately 600–700 units (unit counts vary by source)..
Costamigo Phan Thiết is currently selling now. Expected handover: Phase 1 has been completed, with 25 villas and 2 shoptel clusters already in operation (CafeLand, updated 12/2025); the Costamigo BW Premier Collection by Best Western resort opened on 10/01/2026. The 18-storey condotel component is expected to launch from Q2/2026 (per Bao Dau Tu, 14/01/2026); there is no official confirmation of a sales launch as of 08/2026.. Contact Happy Land for the latest construction progress and available units.
Costamigo Phan Thiết (Beachfront resort villas & shoptels) offers: Villas: 78 duplex units of 3 storeys with 3 bedrooms, and 18 detached units of 3 storeys with 3 to 4 bedrooms, split across the Grand Pool Villa / Pool Villa / Ocean & Garden Villa lines (private pool depending on the line). Condotel: to be updated.. Contact Happy Land for floor plans and prices for each unit type.
Costamigo Phan Thiết is located in Tan Thanh commune (formerly Thuan Quy commune, Ham Thuan Nam district), Lam Dong province. Notable connections and amenities: Thuan Quy Beach – adjoining the project, a few minutes on foot; Phan Thiet city centre (former) – about 30 minutes by car via DT719; Ke Ga Lighthouse – about 8 km, 15 minutes (indicative); Ta Cu Mountain and Linh Son Truong Tho Pagoda – about 20 km, 25 minutes (indicative).
Products at Costamigo (resort villas, shoptels and condotel units) sit on commercial-services land and are issued a pink book (so hong) carrying 50-year leasehold ownership counted from the date of land allocation (land allocation decision No. 2590/QD-UBND dated 27/09/2018), leaving roughly 42 years as of 2026; this is not commercial residential housing. The 30% cap on the number of apartments in a single building that may be owned by foreigners under the 2023 Law on Housing therefore does not apply here, and a foreign individual cannot be named on the certificate for this product type. The practice at the project is for foreigners to sign a 50-year long-term lease, enter a rental-operation cooperation, or invest through a Vietnamese legal entity — none of which is permanent ownership. Have a lawyer review the contract and confirm the remaining term stated on the certificate before you pay. Happy Land helps check buyer eligibility, project documents and the specific unit before a transaction.
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