Incredible under market price 97-hectare land and resort for sale Kampong Speu

Details

This property (a quality 97-hectare land and resort) is now available for sale at an incredible under-market price of $4/metre in a beautiful part of Kampong Speu.

Land and resort features:

• Currently soft title (but fully convertible to hard)
• On-site buildings include – 4 large, renovated 3-bedroom villas with several other functional assets, including staff, accommodation, swimming pool, rotunda, car parking and landscaping
• Nearby land is selling at $5/sqm (undeveloped, unlike this beautiful property)
• High-quality assets (land, gardens, access roads, building infrastructure) located near Tasal Dam)
• Huge potential to create a sustainable & profitable business
• Only 125km from Phnom Penh
• Surrounding natural resources such as forests and natural hot springs
• On-site generator/3-phase power
• Date and cashew plantations
• Onsite water wells

Original ID: KS.A6

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Kampong Speu

Kampong Speu (literally ‘Port of Starfruit’) is a large province located about 40km west of Phnom Penh covering around 7000sqm.

It borders Pursat and Kampong Chhnang to the north, Kandal to the east, Takao to the southeast, Kampot to the south and Koh Kong to the west.

Its capital is Chbar Mon town. Kampong Speu is classified as a rural province.

The province is known for ecotourism and known for the palm trees decorating rice fields along the roads. In fact one third of Cambodia’s palmyra trees grow in Kampong Speu province.

Note: The tallest mountain in Cambodia (Mount Aural) is in Kampong Speu and can be climbed by road or through the forest. The road takes about 2 hours, is a pleasant walk and not particularly challenging.

The bamboo forest is steep and requires reasonable physical fitness to climb, especially in humid conditions. It takes climbers 5 hours to reach the summit.

Palm trees are important to the Cambodian people, especially those in the provinces.

Palm leaves are used for roofing, hats, mats, baskets and the wood is used in boat building, furniture, souvenirs, and houses.

The fruit is used in cakes and the flowers used to make sweet juice and alcoholic drinks. The juice is used to produce palm sugar.

In 2019, these palms were registered with the EU Geo Indication system which protects the consumer, distinguishes quality and helps producers market their products.

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.

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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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