Property ID : LUX-34336
Buy $140,000 - Land
The Land size is 10,000m² at a price of 14$/sqm, total cost is 140,000$ negotiable.
Ownership of this land is hard title and it is situated in Preaktameak which is around 60km from Phnom Penh city. .
This is a good opportunity for you to buy the land to keep and earn capital gains as the area is up and coming with lots of locals investing in boreys in this area. Alternatively, its current use could be continued (rice farm) for immediate returns on your investment or it could be developed.
This land isclose to the main road and the owner will be increasing the price according to the development in the area. New plans have been released and after 5 years the land prices in this area are likely to have increased by around 200% + due to the vast developpment of boreys and the extension of Phnom Penh city.