
What is an officetel apartment?
With the strong growth of new businesses, officetel apartments are increasingly showing great appeal because they meet the needs of those who want to live and work in the same space.

With the strong growth of new businesses, officetel apartments are increasingly showing great appeal because they meet the needs of those who want to live and work in the same space.

The Ministry of Construction has proposed adding regulations on transactions and business activities for types of real estate such as tourist apartment buildings (Condotel), office buildings combined with accommodation (Officetel), tourist villas, etc.

The Ministry of Public Security believes there are many loopholes in the management of condotel and officetel businesses, posing a potential risk to security and public order.

Recently, office-apartment complexes (officetels) have been developing rapidly, but there is still no legal framework for this type of real estate.

"Regarding the issue of apartment size, we must have a 50-year or 70-year vision, not a short-sighted approach focusing only on immediate solutions," said lawyer Truong Anh Tu.

Mr. Le Trung Chinh, Vice Chairman of the Da Nang City People's Committee, hopes that the press will provide information to warn citizens and customers about advertisements for condotel apartments.

The term "Officetel" is still quite unfamiliar to Vietnamese people, but this concept is very popular in Western countries and some developed countries in Asia.

If start-up businesses are struggling to find office space, officetel apartments are the optimal choice; designed uniformly within professional office buildings, with modern services and amenities, officetels offer many advantages that help business owners save costs compared to renting office space.

During the launch event of the EcoLife Capitol officetel project, representatives from the distribution unit highlighted the significant investment opportunities and high returns for customers from the operational officetel units located at 58 To Huu Street.

Compared to regular apartments, officetels offer many superior advantages. If you're not buying an apartment solely for living, owning an officetel provides owners with cost-saving and profitable options, whether they choose to use it as an office or invest in rental properties.