6 bedroom villa on large land for sale | BKK 3
- Property type: Villa / House
- Offer type: For Sale
- City: Phnom Penh
- Neighborhood: BKK 3
- Original Property ID: BKK3.I2
- Bedrooms: 6
- Bathrooms: 6
- Property size: 501 m²
- Close to CBD
- Close to embassies
- Close to Independence Monument
- Close to schools
- Development potential
- EDC and Water State rates
- Good ROI
- hard title
- Large open plan spaces
- Northern orientation
- Off-street parking
This large villa and associated land parcel is now available for sale in a convenient location in BKK 3 near Monivong Boulevard at a reasonable $4,300/sqm.
They have parking (for 10+ cars) and will easily accommodate a large family, business HQ, NGO or restaurants / cafes in absolute comfort.
Given its proximity to BKK 1, National Road 1 and Toul Sleng, it will situated. A complete rebuild offers tremendous potential for and office block or residential complex.
- 2 adjacent blocks: 21 x 25m and 23 x 60m = 501sqm
- Can be sold together or separately – large footprint for high rise build
- Multiple discrete office spaces on all floors
- Grand main hall / living room / good sized kitchen with plenty of storage
- High ceilings / plenty of natural light
- A/C connections
- Water and EDC (State rates)
- Covered roof terrace
- Hard title
Original ID: BKK3.I2
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About BKK 3:
Boeung Keng Kang 3, or more commonly known as BKK 3 is becoming increasingly popular. It is located in Khan Chamkarmon, a rising star in the centre of Phnom Penh.
It is one of the most sought after areas due to it being close to BKK 1, but without the price tag. Due to lower rent prices, many expats choose this area.
However, lower purchase prices are also attracting investors to purchase real estate here. BKK 3 has both modern and older, more traditional Khmer style properties. However, it is changing as more luxury residences and real estate projects spring up.
BKK 3 is close to a dozen embassies, many NGOS, schools, countless businesses and shops.
It is considered desirable by wealthy Cambodians and expatriates alike as it has the best of traditional Khmer and modern living, yet is a quiet city locale.
BKK 3 is in close proximity to popular shopping areas, such as TTP (Toul Tom Pong or Russian Market), Olympic Market, all of which have a wide selection of restaurants and cafes.
There are many local stores selling clothes, fashion accessories, household goods, shoes and more. With the number of educational facilities in the area, there are also many shops selling stationery, books, computers and so on.
Good guide to investing
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.
Innovative Cambodia my 2nd home program
Cambodia my 2nd home (CM2H) is an innovative initiative recently launched by KHCA (Khmer Home Charity Association) in association with the Ministry of Interior (MOI).
Its aim is to help foreign nationals enjoy a series of measures to facilitate living and business in Cambodia.
Benefits for participants in the Cambodia my 2nd home program include – a 10 year unlimited entry / exit visa and, after 5 years, they are eligible to apply for a Cambodian passport and enjoy the advantages of the ASEAN network.
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- ID: 4281
- Published: July 27, 2022
- Last Update: August 18, 2022
- Views: 799