Lux Realty is delighted to list this spacious renovation project for sale in Sihanoukville.
The old guesthouse is falling apart, but the real value of this property lies in its land. The building itself will most likely need to be demolished and replaced with something new. However, there are 2 floors, 14 bedrooms, 16 bathrooms, and 1 balcony. The land is 25 meters long and 9.4 meters wide at the rear and 5 meters wide at the front of the property.
The property is located on a popular street in Sangkat 3. Mlop Chrey Beach can be found just 500 meters away while Hawaii Beach is less than 1km away making it easy to access. The location has been visited by backpackers for at least 20 years, but many buildings are currently falling into disrepair and will likely create an opportunity to build up high-value real estate values over time.
The land can support a 9-story construction. This is perfect for developers looking to build a residential or commercial property. It’s ideal for someone who wants to build a new business, guesthouse, or apartment building.
At Lux, we know what can be done here in Sihanoukville with a suitable investment.
We are here for more than just a viewing. Our free consultations include everything you need to know about living here, finding business opportunities, and more; we are here to answer all your questions and provide a post-sale service for your peace of mind.
If you have been considering this kind of opportunity and haven’t found the right advice, give us a call, you have nothing to lose and everything to gain.
We are contactable via Facebook messenger, at sales@luxrealty.asia, or on 015537577.
