Ocean Gate is a 40-storey high hybrid of hotel and condotel with 171 (4*) hotel rooms and 262 condotel units. This project is situated at the intersection of Hoang Hoa Tham and Yersin street in the central part of the city, 200 meters from the beach. They offer a rental program offers 8% of pre-tax value of the unit sales price within 1st 3 years. From the 4th to the 10th year buyers receive 75% of the rental income (VAT exclusive). Also a buyer of the Ocean Gate unit can use 15 free nights / year (In case there are no vacant apartments at the time of registration, customers can convert the number of the apartment’s bedrooms into rooms with the equal area and equivalent quality at the building operator’s hotel system.