Elite Island at Charmora City: Villas, Townhouses and the Freehold Question
Charmora City island city, Nha Trang
Elite Island is the residential island at Charmora City, and it is freehold — unusual for island land at the centre of Nha Trang. Unlike Festival Island next door, which is built around the night economy, Elite Island holds townhouses, villas and low-rise apartment buildings arranged around a natural hot spring and a riverside park. This article covers each product line, the amenities that define the island, and the contract signing schedule building by building.
Contents
Where Elite Island sits within Charmora City
Sun Group has master-planned Charmora City as a set of islands, each with a distinct character. Elite Island is the residential island — townhouses, villas and low-rise apartment buildings. It is deliberately the opposite of Festival Island, which is positioned as Nha Trang’s first “downtown that never sleeps”, built around festivals, retail and the night economy.
The split matters when choosing. If you want somewhere to live or a quiet second home, Elite Island is the side to look at. If you want a product to run as short-stay income off tourism and nightlife, Festival Island is the fit. The two sit beside each other, so Elite Island still gets the fireworks and the atmosphere — at enough distance to stay private.
Product lines on Elite Island
| Product | Detail |
|---|---|
| Townhouses | Show unit complete; the model street opened in June 2026 |
| Semi-detached villas | Representative example: land area around 200 m², built area around 345 m², three storeys |
| Detached and quadruplex villas | Part of the island's low-rise stock, limited in number |
| The Charm apartment building | Ceiling heights of 3.6 m — roughly 20% above the norm; outlook over the Quan Truong river |
| Onsen 1, 2 and 3 | Named after the natural hot spring facility built to a Japanese onsen standard |
What separates Elite Island from most resort stock in Nha Trang is the tenure: this is freehold property, not a 50-year leasehold product. For island land at the centre of Nha Trang, that is unusual.
Townhouses and low-rise villas on Elite Island, Charmora City
The hot spring and the riverside park
- A natural hot spring facility built to a Japanese onsen standard. This is why the apartment cluster carries the Onsen name. Unlike a heated pool, a natural spring is tied to the land — it cannot be replicated at another project.
- A riverside park along the Quan Truong river. The park strip is both the island’s shared outdoor space and the reason river-facing units hold their outlook permanently.
- Fireworks views across to Festival Island. Well-positioned units look directly onto the firework display and the square on the festival island.
Progress and contract signing dates
Elite Island is a phase ahead of Festival Island in delivery. Sale contract signing dates announced by the developer:
| Building / phase | Sale contract signing (expected) |
|---|---|
| The Charm | From August 2026 |
| Onsen 1 | From 30 August 2026 |
| Onsen 2 and Onsen 3 | From 30 September 2026 |
On the ground, the model street on Elite Island opened in June 2026 and the townhouse show unit is complete. That is a meaningful difference from most competing projects in the area: a buyer can walk through a real product rather than a rendering.
Construction progress at Charmora City, Nha Trang
Frequently asked questions
Related reading
- Charmora City Nha Trang: project guide — location, scale, districts and legal status.
- Libera Nha Trang — the comparable large-scale scheme in the same market.
