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4 recommendations on construction and investment management of Projects with Officetel and Condotel Flats
The Ministry of Construction has issued the Official Dispatch No. 4308/BXD-HDXD regarding the construction and investment handling of projects with condotel (a hybrid of condominium and hotel), officetel (a crossbreed of place of work and resort) flats, vacation resort cottages or shophouses.

According to this document, in order to continue to improve the effectiveness and efficiency of the state authority over the management of construction investment, the Ministry of Construction requests the People’s Committees of provinces and centrally-run cities to order relevant agencies and units during the process of their management of construction investment, or construction authorities during the process of their implementation of administrative procedures, for construction investment projects with condotel, officetel apartments, resort villas or shophouses should keep the followings in their mind:
Very first, when looking for and authorizing zoning construction and plans plans, People’s Committees of centrally-affiliated towns and provinces need to guarantee that these strategies are conforming to technological regulations and standards in pressure, and supply crystal clear information about the actual size of the construction flooring place, the quantity of apartments and people for your arrangement ofcondotel and officetel, resort villa or shophouse capabilities to discover the criteria and requirements with regards to social and technical facilities.
2nd, when figuring out investment insurance policies for construction investment projects with all the above real-estate kinds, it is needed to ensure that the correspondence involving investment uses or land utilizes and functions of construction projects; keep in mind that the formation and development of this type of property must be appropriate on the community true situation over time periods.
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