Stunning world class 100-room deluxe hotel for sale central Phnom Penh

Details

In a convenient and easily accessible in central Phnom Penh location in the heart of the CBD is this much-loved hotel, now regretfully available for sale.

Being perfectly located in an exclusive district of Phnom Penh, this building is being sold at an incredible under market price.

As a city centre hotel, now that Covid has settled, it offers a keen investor a thriving business with decent year on year returns.

As a building, it offers developers the chance to convert into high end serviced apartments, education facility, large medical centre or offices.

This hotel offers the ultimate in location, convenience and comfort and is easily accessible from the Airport. It is near many banks, government buildings, and many other facilities are close by.

The area is unrivalled for safety and is only 3 km from almost all major city attractions.

Hotel features:

• 6413sqm hard title land
• Structurally sound building with grand drive through portal
• Large, comfortable reception area with cathedral scale ceilings
• 100+ fully furnished rooms with windows and en-suite bathrooms
• Flat screen TVs, minibars and Wi-Fi
• 2 large 200 pax restaurants and commercial kitchens
• Grand scale ball room and large conference rooms
• Separate delivery access to kitchen
• Swimming pool with sundeck amidst lush gardens
• On-site car parking
• Elevator access to all floors

Original ID: PPTZ1.A14

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We also have apartments, condos, office spaces for rent or for sale in Phnom Penh, Siem Reap, Kampot and Sihanoukville.

About Prampi Makara

Prampi Makara (7 January) named after the day when the Kampuchean People’s Revolutionary Armed Forces and Vietnamese troops liberated the capital from the Khmer Rouge in 1979.

It is literally in the centre of Phnom Penh; a web of narrow streets with every shop imaginable, all seemingly headed towards Orussey Market.

It is the real Phnom Penh, the beating heart, the raw flesh where shop owners and stall holder ply their trades.

A look up and you will see the pre-Pol Pot face of the city: the Khmer take of Modernism.

Prampi Makara is also the smallest district in Phnom Penh. It is subdivided into 8 Sangkats and 33 Kroms (villages).

It has an area of 2.2 km² and in 1998 had 96,192 inhabitants, making it one of the most densely populated parts of the city.

And yet, it is often overlooked.

Westerners tend to head towards Daun Penh or Chamkarmon as if nothing else matters.

The Chinese appear only to want to be in BKK 1, in close proximity to Naga World. Both ends of the investor/renter spectrum look elsewhere.

Here you can buy or rent living spaces for half the price of other areas. They will have character and the moment you step into the street; the city presents itself in its fullness.

Orussey Market watches over all – chaos by day, an eerie stillness by night. Barely 700m north are Vattanac and Canadia Towers and 400m southwest is Molyvann’s Olympic Stadium.

To the immediate south BKK 1 and east, Riverside.

It is all there… waiting.

Daun Penh: the real Phnom Penh?

Day and night Riverside, Daun Penh, is busy. It is probably the real downtown Phnom Penh where the oldest parts of the city are located.

I am referring to Wat Phnom, Phsar Chas, Phsar Kandal, Chey Chumneas and Chaktomuk and the Royal Palace and National Museum of course!

Preah Sisowath (honoring King Sisowath 1904 to 1927 reign) is the avenue / boulevard running along the riverfront.

It starts at the Buddhist Institute near Sothearos Boulevard. Then continues north to the Japanese Bridge where it becomes National Road 6 leading north to Battambang.

Generations of days gone by have left their footprints from Angkor kings to French colonists to UN troops.

Riverside witnesses the confluence of the Mekong, Tonle Sap and Bassac rivers and where the Water Festival is best viewed each November.

It is always stunning, especially at sunup and sundown.

In Riverside, there is a wide selection of restaurants, wellbeing services, hotels, shops and bars aimed at tourists.

Among the restaurants, you will find good selections – German, Italian, French, Chinese, Korean, Japanese, Vietnamese, Thai, Indonesian and Malaysian.

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