Luxury property for sale in Phúc Lợi
30 homes for sale in Phúc Lợi, Long Bien. Median €614,545, with transparent euro prices for international buyers.
- Median price
- €614,545
- Price range
- €320,000 – €2.05M
- Price / m²
- €10,205/m²
- Area
- 59 m²
What is the real estate market like for foreign buyers in Phúc Lợi, Long Bien?
The real estate market in Phúc Lợi, Long Bien, features a median asking price of €615k, with prices spanning from €320k to €2.05M. The current inventory consists of 30 resale properties commanding a median rate of €10,205/m², appealing to buyers seeking established, premium suburban residences.
Phúc Lợi in brief
Located in the eastern sector of Long Bien district, Phúc Lợi offers a highly organized suburban lifestyle characterized by modern infrastructure, green spaces, and a quieter residential atmosphere. Historically a local residential zone, the neighborhood has evolved into an attractive enclave for international buyers seeking larger property footprints and cleaner air away from Hanoi’s dense historic core. The local real estate landscape is defined by low-density housing and private residences rather than high-rise developments.
For buyers analyzing the regional market via our Long Bien district guide, Phúc Lợi represents a premium residential segment. With a median price of €615k, it positions itself as an upscale enclave within the district. It attracts affluent local families and foreign executives who appreciate the orderly neighborhood layout, high levels of security, and proximity to major industrial and commercial hubs in neighboring provinces.
What your budget buys in Phúc Lợi
The property market in Phúc Lợi is highly mature and currently dominated by resale transactions, with 0 new builds and 30 resale properties available. Buyers looking at this market can consult our comprehensive Long Bien price guide to understand historical pricing trends. The typical offering in this ward is highly spacious, featuring a standard layout of 4 bedrooms and a median property size of 59 m² of land area.
The entry point for properties in the area starts at €320k, while premium estates and larger villas reach up to €2.05M. At a median rate of €10,205/m², the inventory consists of 24 houses, 3 villas, 2 townhouses, and 1 exclusive penthouse. This specific mix caters to buyers prioritizing private land ownership and substantial living space over standard high-rise apartments.
Lifestyle & everyday life
Living in Phúc Lợi offers a balanced, family-oriented lifestyle. The neighborhood is highly favored by expatriates due to its proximity to prestigious educational institutions, including the British Vietnamese International School (BVIS) and Wellspring International School, both located within an easy driving radius. Everyday convenience is supported by modern retail developments like Vincom Plaza Long Bien and AEON Mall Long Bien, which provide international dining, high-end supermarkets, and essential services.
Green spaces, local lakes, and organized neighborhood parks offer ample opportunities for outdoor recreation, making it an ideal environment for families. When planning your transition, reviewing the structured property buying process in Vietnam is highly recommended to secure these premium suburban assets efficiently.
Getting around
Phúc Lợi boasts excellent connectivity to key destinations. Major arterial roads, including National Route 5 and the Chuong Duong and Vinh Tuy bridges, facilitate direct access to Hanoi’s Old Quarter and the Hoan Kiem district within 20 to 25 minutes. For international business travelers, Noi Bai International Airport is accessible in approximately 30 minutes via the Dong Tru Bridge and the major highway network, avoiding central city traffic congestion entirely.
Frequently asked questions
Can foreigners buy property in Phúc Lợi?
Yes, foreigners can purchase property in Phúc Lợi, subject to national regulations. However, since the current inventory consists entirely of resale landed properties (houses and villas), foreign buyers must navigate specific legal structures. Direct ownership of land is restricted; foreigners typically acquire property through 50-year leasehold agreements or corporate structures. Consult our guide to where to buy in Hanoi for detailed purchasing strategies.
What is the average price in Phúc Lợi?
While the average can fluctuate, the median property price in Phúc Lợi is €615k. The market entry point begins at €320k for smaller configurations, while luxury villas and premium townhouses can reach up to €2.05M. The median price per square meter is currently established at €10,205/m².
Is Phúc Lợi a good area for expat families?
Yes, Phúc Lợi is highly regarded for expat families. It offers a secure, clean, and quiet environment with low traffic compared to central Hanoi. Its close proximity to international schools, modern shopping malls, and recreational parks ensures that families have access to premium amenities without sacrificing space.
How far is Phúc Lợi from the city centre?
Phúc Lợi is located approximately 12 to 14 kilometers east of Hanoi's central business district and Hoan Kiem Lake. Depending on traffic conditions, commuting to the city center takes about 20 to 25 minutes via the well-developed bridge networks spanning the Red River.
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