Cristiano Ronaldo snaps up property

Superstar flocks to Vietnam to purchase property in Danang in Central Vietnam. 

World famous footballer Cristiano Ronaldo is making news off the pitch. The Portuguese star who is known for his successes at football club Real Madrid has recently made headlines for snapping up property in Vietnam. It has been reported that the striker has recently purchased a home in the country.

According to sources the property is at Cocobay Towers in Danang thrusting this city into the limelight once again. Apparently choosing Vietnam as he admires the local culture, the scenery and welcoming population. The football star already has an extensive property portfolio across the world including both residential and commercial properties. This latest purchase shows the global confidence there is in Vietnam’s real estate and may pave the way for other stars to invest in this growing market.

Dubbed a ‘tropical paradise’ by developers Empire Group, Cocobay Danang was launched in May 2016. Totaling an area of over fifty hectares, the scheme has already reportedly received attention locally and from overseas. Danang has recently become on the radar for investors due to a combination of factors. The city’s economy is buoyant and growing, the hospitality trade is on the up and the climate is mild. Couple this with its clean environment has marked Danang as a popular choice of those wanting to holiday in Vietnam.

Empire Group are a conglomerate aiming to develop world class tourist and recreational complexes across Southeast Asia. They anticipate to deliver this through offering a certain standard of lifestyle. Cocobay promises to provide residents with the ideal living space but within an authentic resort. Reasons that Ronaldo was enticed to invest here.