Property ID : K00001
Buy $5,545,320 - Land
Lux Realty are proud to present this Huge Hard Title Land for Sale near National Road 5, in Kampong Speu.
The land is situated directly on a new bypass road with 250 meters now facing the road.
The land will have direct access to the famous and popular Oudong Market.
With 46211 m2 of hard title land, it gives the new owner(s) plentiful options for developing, with residential and commercial options a distinct possibility.
Oudong was one of the most famous parts of Cambodia during the post-Angkorian times from 1618-1863. Located in present-day Kandal Province and less than 50 kilometres from Phnom Penh, the area is now still home to famous temples. This particular plot being near Wat Prok Kedar.
Since the global economic downturn here at Lux, we see considerably more international investors wanting land investments in Cambodia.
People connected to real estate and familiar with the South East Asian basin have earmarked Cambodia to rebound substantially when travel restrictions are eased. Most smart investors know they may be unlikely to see land prices in Cambodia at these prices ever again.
We see the market moving upwards at a rapid pace when international travel is routine. As a result, some investors aren’t looking at developing land but using it as a buy to hold for their real estate portfolios.
We think all options with a plot of land of this size are a good investment, as land prices will rise exponentially.
We are expecting enquiries on this listing. If land outside of the capital is what you are looking at, and this is within your budget, be sure to get in touch with us as soon as possible. The owner will negotiate, which is a good sign.
Don’t hesitate to contact us via Facebook messenger for enquiries or viewings, [email protected] – 077668890 or 0969609355.