Altara Residences Quy Nhon

A 40-floor tower with 479 apartments at 76 Tran Hung Dao Street, about 200 m from Xuan Dieu beach – handed over in 2021 with long-term pink books.

Xuan Dieu beach promenade near Altara Residences
Price per m²28 – 35 million VND/m²
Developer
Foodinco Quy Nhon JSC (Alphanam Group)
Status
Handed over
Address
76 Tran Hung Dao St., Quy Nhon Ward, Gia Lai
Total area
About 2,664 m²
Towers
1
Units
479
Handover
From November 2021
Ownership
Long-term pink book

Updated

Amenities

  • Swimming pool
  • Gym
  • Sky bar
  • Retail at the base
  • Bay views

Altara Residences is an apartment tower by Foodinco Quy Nhon JSC, a member of Alphanam Group, at 76 Tran Hung Dao Street in central Quy Nhon (formerly Hai Cang Ward). On a compact site of about 2,664 m², it rises 40 floors above two basements and holds 479 apartments of about 45 to 71 m², with one or two bedrooms. Xuan Dieu beach is about 200 metres away and many units look over the bay and the port. The first apartments were handed over in November 2021, and buyers receive long-term pink books.

Apartments for sale in Altara Residences Quy Nhon

Apartment sale market snapshot: Altara Residences Quy Nhon (November 2026)
Active listings6
Price range1.5–2.45 billion VND
Median price1.88 billion VND
Median price per m²31.2 million VND/m²
Area range45–70 m²

Apartments for rent in Altara Residences Quy Nhon

Apartment rental market snapshot: Altara Residences Quy Nhon (November 2026)
Active listings6
Price range6.5–12 million VND/month
Median price9.5 million VND/month
Area range45–70 m²

Quick facts

DeveloperFoodinco Quy Nhon JSC (Alphanam Group)
Location76 Tran Hung Dao St., Quy Nhon Ward, Gia Lai (formerly Hai Cang, Binh Dinh)
Site areaAbout 2,664 m²
Height40 floors, 2 basements
Apartments479 units, about 45–71 m² (1–2 bedrooms)
ContractorDelta
HandoverFrom November 2021
OwnershipLong-term pink book

Location

Tran Hung Dao is one of the main roads through central Quy Nhon. The Xuan Dieu beach and promenade are about 200 metres away, and the sea square, night market, markets, schools and hospitals are all within a few minutes. Phu Cat airport is around 30 minutes by car.

Sunset over Quy Nhon beach
Sunset on Quy Nhon’s city beach. Photo: Nguyen Thanh Long / Wikimedia Commons, CC BY-SA 2.0

What you get

Apartments were handed over with good-quality fitted furniture, including An Cuong cabinets and timber floors. The building has:

  • Swimming pool
  • Gym
  • Sky bar
  • Shophouses and retail at the base
  • Bay and port views from upper floors

Prices and buying

Altara is one of the cheaper ways to buy a finished, titled apartment near the beach in Quy Nhon. Listings in 2026 show two-bedroom units of about 61–70 m² at roughly 1.7–2.5 billion VND, and one-bedroom units from about 1.8 billion VND from the developer’s remaining stock – around 24–42 million VND per m². Check whether the unit already has its pink book and what fittings are included.

Living and renting in Quy Nhon

Being finished, central and close to the beach, Altara suits both long-term tenants and holiday lets. Demand has grown with more Korean visitors since Phu Cat began taking international flights.

Buying as a foreigner

This is commercial housing, so the foreign-buyer route is open — with a ceiling. Across any single building, foreign owners may hold at most 30% of the apartments, and a foreign individual’s ownership runs for up to 50 years, extendable once by up to another 50. What a foreigner gets is the home, not the land under it. The project must also lie outside the defence and security zones listed in Decree 95/2024, and provinces publish which projects may be sold to foreigners. Before paying anything at Altara Residences Quy Nhon, ask how much of the 30% is still unused and confirm the project appears on that list.

What the listings show right now

Across the 12 listings we hold for Altara Residences Quy Nhon today, sale listings ask roughly 28–35 million VND per m²; rents run about 6–12 million VND a month; the units on offer run from 45 to 70 m² in 1- to 2-bedroom layouts. Worth putting beside its neighbours in the same ward before you decide — TMS Luxury Hotel & Residence Quy Nhon, Simona Heights Quy Nhon and The Sailing Quy Nhon.

Pros and cons

  • Pros: completed with long-term pink books, 200 m from the beach, low entry price, reputable developer and contractor
  • Cons: compact units with no three-bedroom option, dense tower on a small site, some units face the port rather than the beach

Who it suits

Altara Residences suits buyers who want an affordable, ready-to-use apartment with secure title in central Quy Nhon, to live in or let.

Sources and further reading

Figures on this page come from the developer’s published information and local press, including first handover (Bao Phap Luat), pink book policy (Bao Dau Thau), listings on Guland. Prices, handover dates and rental terms change often – always confirm the current details with the developer or a licensed agent before you commit.

Frequently asked questions

Who developed Altara Residences Quy Nhon?

Foodinco Quy Nhon JSC, a member of Alphanam Group.

Where is Altara Residences?

At 76 Tran Hung Dao Street in central Quy Nhon, about 200 m from Xuan Dieu beach.

How many apartments are there?

479 apartments of about 45–71 m² in a 40-floor tower.

When was Altara handed over?

The first apartments were handed over in November 2021.

Do apartments have pink books?

Yes. Units come with long-term pink books.

Can a foreigner buy at Altara Residences Quy Nhon?

Yes, within limits. Foreign buyers may hold up to 30% of the apartments in one building, for up to 50 years, extendable once by up to another 50. Ask the management office how much quota is left.

What does a foreign buyer actually own?

The home, not the land under it. The project also has to be on the province’s published list of projects open to foreign buyers.

What does it cost to rent at Altara Residences Quy Nhon?

Listings on this site run about 6–12 million VND a month, depending on size, floor and furnishing.

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