- Development potential
- hard title
- Road access
- Tourism location
These combined 1.5 hectare prestige riverfront land parcels with 150 metre river frontage, road access to Kampot City and views of Bokor Mountain are now for sale.
This is a beacon of light to a serious investor wanting to develop for < $1,500/sqm.
With the port, expressway and other infrastructure projects moving ahead, the value of these properties will go north!
Prestige riverfront land parcels are LMAP hard title and can be sold together or separately.
Land 1 3,340sqm + 30m easement has 50m river frontage. Total: 4,840sqm
Land 2 6,894 sqm with 100m river frontage can also be developed.
Combined, they almost 1.5 hectares with road access, 2km from city centre, hard title, riverfront with mountain views. For under $1,500/sqm, this is a rare opportunity. When the skies open post-Covid, the region will be awash with investors wanting this bit of heaven.
Original ID: KAM.A22b
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Kampot City (150km SW of Phnom Penh) has grown and now has a range of restaurants, hotels and other services. Its special vibe is its riverside and mountain setting and visitors spend their time enjoying nature.
Main industries are salt / pepper production, fishing, fruit (esp. Durian), light industry and tourism.
Kampot is hottest in April and coolest in December. Highest rainfall is in September and October and the driest time is Jan – March. Peak season is Nov – April when businesses open up along the promenade near Old Market and in the old quarter. The fully paved promenade runs from New Bridge, past the Governor’s Residence to the Aquatic Center.
The old bridge with various styles after numerous Khmer Rouge breaches is now open to motorbikes and provides a keen marker for lost travelers!
Background information: Greater Mekong Tourism Growth Project
Good guide to investing in Cambodia
Here is a good guide to investing in Cambodia that should steer you away from total financial disaster. The real estate market in Cambodia is extremely varied, more so than most countries, which can make investing either a smooth journey or a rocky one.
What separates a successful from unsuccessful investor is not pure luck, as many think, but the ability to recognise and avoid mistakes. Investing in Cambodia is no different, so here are some things to consider before you part with your hard earned cash.
Cambodia attractive for foreign investment
To know why Cambodia is attractive for foreign investment, one need look no further than the Prime Minister: “To ensure a sound macro economy and political and social stability, the government is open to all to do business and invest in the Kingdom.” (December 2019 PM Hun Sen).
Cambodia has about 100,000 expats enjoying low living costs, relaxed lifestyles and the Buddhist influence. It lures many into business and investment and it’s easy to see why.
Post Covid, 2022 and a brave new normal
There is some doubt as to what a post Covid world will look like even though many say things will be back to a brave new ‘normal’ by the end of 2022.
It is widely known that the pandemic changed consumer behavior and spending habits enormously. The suspension of regional and international travel, for instance, directly impacted retail, tourism and hospitality sectors across the globe. This led to a rise in online shopping and entertainment platforms and is likely to create long-term effects on retail markets and eventually real estate.
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- ID: 5642
- Published: July 3, 2022
- Last Update: May 20, 2023
- Views: 1705