Lux Realty are delighted to list this Lucrative Plot of Land for Sale in Kep.
The plot of land has a perfect access road which is vital with Kep as the province is undergoing significant development during this decade.
This is a lovely plot of land for sale in one of the most happening areas of Cambodia.
Kep is on the move again. Throughout colonial times and up until the 1960s was the premier real estate location in Cambodia for the elite, including government officials and the royal family.
The government have just sanctioned a $160 million re-development of Koh Tonsay (Rabbit Island) Kep province. This will include up to another six boat docking points, villas, a clean beach policy, hotels and casinos, so Kep will once again be under the microscope for international travellers and investors.
However, this plan is very much smaller than the governments redeveloping of the most extensive coastal area.
There will be a new beach and access roads from the White Horse roundabout part of the coast to the crab market. Although this doesn’t affect this particular plot of land, it will undoubtedly impact land prices throughout the province.
Kep was always going to be an area that post-COVID would see a steady land price increase, but this development will push land prices further forward than we initially thought.
Kep is an excellent investment for the long term. One of the most revered jewels in the crown, the area comes steeped in history.
There will be a considerable increase in population over the coming decade, and commercial ventures will be required to feed the demand.
The exciting part for a new owner(s) is that history is being re-written as we speak. The Cambodian government are on a massive push in Kep, both on infrastructure and marketing.
If land in Kep is of interest, as an investor, this is not the time to be sitting on the fence; it’s moving fast.
Investors know 2022 will see the resumption of land price rises as we saw at the end of the 2010s.
Our agents here are to help. We arrange to view but, more importantly, are here to talk about investing in property in the area, so please contact us today.
We are contactable via Facebook messenger, at firstname.lastname@example.org or on 015537577.