About farmstay
Farmstay is known as a type of resort tourism, which is a hybrid combination of farm and accommodation – a tourist destination for visitors to join and experience practical activities on the farm such as harvesting fruits, livestock, processing and enjoying dishes made from the farm's own ingredients... Because of this different tourism model, farmstay is very interesting and chosen by many tourists and guests feeling like to experience it, especially young people and international guests.
It is known that farmstay emerged in Italy in the 1980s, then quickly spread and developed in North America, Australia and Asia. The rapid and widespread development of farmstay is said to start from the unique experiences as well as the closeness to nature that these tourism models bring to tourists. More specifically, today's tourists are "overwhelmed" with luxury, modern and full of vehicles cities; therefore, they flock to farmstay to relax, experience new activities and contemplate natural landscapes that cannot be found in big cities, so farmstay has appeared in many places around the world to meet the needs of those tourists.
Farmstay in Vietnam and new investment trend
In Vietnam, farmstay has just been popular in recent years. In the past, the owners of farmstay were often native people who took advantage of their agricultural land fund, opening day sightseeing services for tourists. This model has developed very well, especially creating an environment for the young generation to have the opportunity to experience life in the countryside and rivers. But nowadays, many institutional investors have participated in this potential market recently. Typically, the rapid establishment of farmstay projects in famous localities such as Binh Chau - Vung Tau, Lagi - Binh Thuan, Ham Tan, Ham Thuan Bac, Ninh Thuan, Lam Dong, Long Khanh, Gia Lai, Long An, Vung Tau and Cu Chi (HCMC) in which, some projects can be mentioned such as Sunny Farm in Da Lat, Chay Lap farmstay in Quang Binh, Green Field farmstay in Ba Ria Vung Tau.
Farmstay is considered as the current investment trend in Vietnam because of the benefits that these tourism models bring.
- The first benefit mentioned is economic value. With the growing demand for resorts and the desire to experience new activities, tourists will look to farmstay that can meet the needs of visiting and experiencing the resort farm model; helping generate income for farmstay. However, income from tourism is not the only source of income for farmstay, but also comes from the finished products of the farming process. As society develops, people want to "eat clean - drink green". Grasping that mentality, farmstay takes advantage of the abundant and available land fund to develop farm values and takes the finished products of the farm to provide for their guests and neighboring residents. Hence, farmstay can bring investors good sources of income.
- Then, the model of tourism combined with farmstay also brings social benefits. As you know, most of the farmstays are built in the countryside and far from the city, which helps to create more jobs for local workers: it helps to limit the tendency to leave their native land, avoiding the fact that local workers flock to the city to find work.
- In addition, resort real estate is also one of the benefits of investing in farmstay. Catching the trend of "leaving the city to go countryside" of some well-to-do groups in society, the owners of the farmstay projects also opened many models of real estate exploitation to create favorable conditions for tourists to stay short-term, long-term or even for tourists to exploit by renting and transferring real estate within the farmstay project site. Accordingly, the investor receives more than the value of farm exploitation, which is the exploitation of real estate and landscape values; customers are satisfied with the need to stay close to nature.
In conclusion,
Currently, farmstay projects are a new investment trend that investors are paying attention to. However, besides the benefits that farmstay bring, investors also need to think cautiously and find out carefully about legal aspects as well as other issues before investing in the farmstay model.
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