Con Dao ‘fever’: People buy land to dump there is no place to sleep.

According to the Government’s plan, it is expected that by 2030, Con Dao will receive about 300,000 tourists. However, according to statistics in the first 6 months of 2018, the number of visitors to Con Dao has exceeded 153,000 and is expected to reach 300,000 this year.

According to the authorities of Con Dao district, Ba Ria – Vung Tau province, the land fever in Con Dao officially started when SuperDong carrier put into operation Soc Trang – Con Dao expressway. Due to rising demand for accommodation, many people began renting huts for laborers to build hotels for tourists. Things start to mess up.

Land prices in Con Dao begin to increase by the end of 2017 and so “soaring” as far as the number of tourists per day increased by the connection of water from Soc Trang to Con Dao. At the center of the district, land prices have been pushed up to 100 million m2, pulling the land prices in neighboring areas are also high.

http://vietnamnet.vn/vn/kinh-doanh/dau-tu/con-dao-phat-sot-dan-mua-dat-do-ve-khong-co-cho-ma-ngu-469599.html