Tropical oasis luxury 2 bedroom condo for sale | Chbar Ampov

Details

This renovated 2 bedroom luxury condo located in a safe, tropical oasis in Chbar Ampov is now available for sale.

It is one apartment within the Vimean Keo Choronai Condo located along National Road Number 1 in Niroth commune, Meanchey district, covering 2,364 sqm.

Construction of the 15 floor project commenced in February 2012 and was completed mid-2014 at a cost of $10 million.

Initial buyers were attracted to the building design, garden setting, proposed ground floor shopping mall and other novel features.

Constructed to high standards, it has a rooftop pool, gym and function room. The building is set back from the main road in lush gardens, breathing luxury, comfort and homeliness.

Being on the 4th floor in the treetops feels like the countryside. It is a city sanctuary near all amenities, ISPP (4km), Independence Monument (4.5km) and Aeon Mall (3.5km).

Tropical condo features:

• Air conditioning and hot water
• Quality finishes and equipment throughout the apartment
• Western kitchen
• South easterly aspect to catch the morning sun and avoid the afternoon heat
• Elevator access to all floors
• Large balcony off main living area
• Three floors of parking / 24 hour security
• Rooftop pool / gym / function room with city views
• Cable TV / Internet
• Washing machine / refrigerator
• Strata title – foreign owners welcome

Original ID: CAM.A11

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Chbar Ampov: forgotten, outlaying and expanding

According to the World Bank, strong economies are highly urban. Cambodia has 21% of its population living in urban areas whereas countries with similar GDP (Bangladesh, Kyrgyzstan) are 35%.

By 2050, Cambodia’s rate is likely to catch up.

Phnom Penh is the largest city in the country with 2 million+ residents serving as a global gateway.

It has plenty of opportunity and robust planning is starting to address congestion in this fast changing city.

Locations like this are now getting more attention as they have suitable options near the city centre.

The PPSEZ about 5km past the airport is an example of phased activity to move activity out of the city centre.

This will allow westward growth and development in Chbar Ampov will stretch the city east and south.

With projected growth and ongoing investment, this location is ripe. Now is a good time to look before everyone else does.

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The sector has ridden a massive wave of direct foreign investment, mostly from China, with no foreseeable limit, despite COVID-19.

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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.

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Innovative Cambodia my 2nd home program

Cambodia my 2^nd 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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