- Development potential
- hard title
- Road access
- Tourism location
This 1 hectare prestige land parcel with 50m riverfront, fully sealed road access to Kampot and views of Bokor Mountain is now available for sale.
This offer is a beacon of light to a serious investor wanting a good opportunity for around $1,500/sqm.
With the Kampot Port, PP-SHK Expressway and other infrastructure projects steaming ahead, the value of this property is likely to skyrocket.
Kampot River land:
- LMAP hard-titled with 3,340sqm
- Additional 30m easement (under special license)
- Uninterrupted 50m river frontage
- Total usable land: 4,840sqm
This deal is a golden opportunity with 0.5 hectares right on the river with sealed road access, 2km from city centre, hard title and with views of Bokor.
Post Covid, the region in and around Kampot is expected to attract investors again, which makes this offer one that may not for long.
Property ID: KAM.A22b
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Access to / from Phnom Penh and Sihanoukville
The National Road 3 upgrade is almost complete meaning travel time to and from Phnom Penh will be less than 3 hours, making this a perfect weekend destination. The Sihanoukville Airport is just over an hour making this location well-suited to purposeful property investment.
According to the TIIG project below, tourism (esp. Kampot, Kep and Koh Kong) will increase 500% by 2025. The government’s plan focuses on enhancing (i) travel connectivity; (ii) product development; (iii) tourist safety and impact management; (iv) marketing; (v) regulatory mechanisms to improve business; and (v) HR development.
Kampot City (150km SW of Phnom Penh) has grown a lot and now attracts range of restaurants, hotels and other services.
Its special vibe is its riverside and mountain setting and visitors spend their time enjoying nature and the cool climate. Main industries in the region are salt / pepper production, fishing, fruit (esp. Durian), light industry and tourism.
Peak season is Nov – April when tourist businesses re-open on the river and in the old quarter. A paved promenade runs from New Bridge, past the Governor’s House to the Aquatic Center and the old bridge with its various styles after a number of Khmer Rouge breaches.
It is now open to motorbikes and provides a reference point by day and night.
Kampot is hottest in April and coolest in December. Highest rainfall is in Sept – Oct and lowest Jan – March.
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.
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.
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- ID: 5615
- Published: August 14, 2022
- Last Update: May 20, 2023
- Views: 1699