Property ID : SKV00001
Buy $900,000 - Land
Lux Realty are proud to present this Versatile Land for Sale in Sihanoukville.
A prime location only 2-kilometres from the beachside in Sihanoukville gives the new prospective owner plenty of options to consider.
Sihanoukville has been the epitome of real estate success in Cambodia and has kept pace with the construction boom seen in both Siem Reap and Phnom Penh over the past decade and more.
Sihanoukville opens itself for the prospective buyer to use the 600m2 to build a beautiful home that will appreciate over the coming years.
On the commercial side, many ideas have succeeded over the years. The market is diverse with Chinese, middle-income locals and a mixture of foreigners from all corners of the world.
Like all other countries, Cambodia has seen a correction in the marketplace due to the global downturn; however, it rivalled China with GDP and economic growth for most of the 2010s. We see a return to prosperity happening quickly once travel restrictions turn back to normal.
This plot leans towards commercial development with direct road access as it is vital for commercial success. Still, at Lux, we quickly point out that new owner(s) do not need to feel unnecessary pressure to convert the land into a residential or commercial property.
We predict solid growth in land prices in this area, and a buy to hold to start or add to an Asian real estate portfolio is also a very astute investment.
Even during challenging times in 2020 and 2021, we see these plots in Sihanoukville move quickly. We expect this to do the same, so it is better to contact us sooner rather than later for viewing this particular piece of land.
For enquiries, please get in touch with us via Facebook messenger, at [email protected] or on 015537577.