Maximizing Space with Mezzanines

• Increased usable area: Old single-story houses typically have high ceilings. By designing a mezzanine (loft), you can transform a single floor into the equivalent of 1.5 to 2 stories.
• Room subdivision: A single-story house of approximately 40-60 m² can be divided into 3 self-contained studios with mezzanines. For expat tenants, average rental rates are 7 million VND/studio or ~30 million VND for the entire house.

Low Investment, Fast ROI

• Structural savings: Instead of costly new construction during these times of price instability, renovating on existing foundations and utilizing existing structures significantly reduces investment costs.
• Lightweight materials: Using wood flooring, lightweight cement panels, or metal roofing helps reduce foundation load and saves considerably on labor costs.

Boosting Commercial Value

• Transforming appearance: Renovation dramatically changes the look. Applying contemporary architectural styles such as Minimalism, Japanese Roof, or Scandinavian can increase rental rates by 30-50% compared to the original dilapidated house.
• Self-contained amenities: Removing old partitions to design open-plan spaces and installing integrated electrical and plumbing systems “modernizes” the house, easily attracting high-income tenants, including foreign expatriates.

The “Lease to Sublease” Strategy

• Profit margin: Investors lease old single-story houses at low rates through long-term contracts (5-10 years). After renovation, they sublease by room or the entire property at much higher rates (30-40 million VND/month)—the difference is pure net profit.
• Legal advantages: For minor renovations and small-scale individual rentals, you may not need complex business registration like larger projects require.

If you have an unused single-story house, contact ToAM for a consultation! We’ll help you unlock your property’s full potential!