Phan Thiet: A Property Buyer's Guide
Phan Thiet and neighbouring Mui Ne form a resort strip 200 km from Ho Chi Minh City, known for kitesurfing, sand dunes and the driest climate on the Vietnamese coast. This is a weekend destination for the southern capital, and the market is built accordingly: plenty of resorts, little urban fabric.
Since 1 July 2025 Binh Thuan province has been part of Lam Dong — the largest province in Vietnam by area at 24,233 km², administered from Da Lat. Coast and highlands now sit in one region.
What matters on the Phan Thiet market
A road brought the demand. The Dau Giay–Phan Thiet expressway, opened in April 2023, roughly halved the drive from Ho Chi Minh City to two or two and a half hours, and large projects followed onto the coast only after that. Most development runs along the shore between Phan Thiet and Mui Ne; the town itself remains provincial with little modern housing.
The airport: what is known
Construction of Phan Thiet's civil airport began on 27 April 2026 — nearly 3.9 trillion dong, a design capacity of 2 million passengers a year, with opening announced for 2027. Until it runs, the only way in is by road, and that belongs in any occupancy calculation: for now Phan Thiet is a drive-in market from Ho Chi Minh City, not an international one.
What a foreign buyer should factor in
We currently list no Phan Thiet projects in our catalogue: the market consists largely of resort complexes and land plots, and land is not available to foreigners. If the destination interests you, it is more sensible to start with the more mature resort markets nearby, and not to buy off a render at excavation stage.
Where to start and what to verify is set out in our reference on buying property in Vietnam.