This once sleepy town has been completely transformed. The quality of new Sihanoukville condos and beachfront resorts and hotels rival anything in neighbouring Vietnam or Thailand.
Sihanoukville or otherwise known as Kampong Som, is a famous city in Cambodia.
Home to various expat nationalities, the area is known for its historical role in the Vietnam war, copious amounts of tourism, and a wide range of property to buy and rent and a thriving shipping and commercial sector.
Although Cambodia sees other towns appearing along its coastline Sihanoukville is still Cambodia’s number one coastal tourist and business destination.
Even though the last two decades have seen unprecedented government and foreign investment into colossal infrastructure, there remain kilometres of undeveloped coastline of sandy beaches. With still around 20 islands that are underdeveloped, this is a paradise for tourists and for anyone wanting to live, retire or invest here.
Although many more coastal destinations are becoming increasingly popular for tourists, Sihanoukville has every kind of amenity necessary for families to live and children to grow up here with quality international level education available.
It is a destination that truly caters for all budgets. Aside from tourism covering everything from cheap 1-star guesthouses and shacks to 5-star hotels and resorts, it has the infrastructure for people and businesses to relocate.
Here you have Condos for sale or rent at the lower end of the scale and substantial scale developments of premium beach view condos at the high end of the market. The same principle applies to homes for sale and offices to rent or buy in Sihanoukville.
The beach town itself has everything a tourist would need and the amenities to live long-term. As with most Asian coastal towns, the necessity to speak languages is a must. English is spoken at a higher level than other inland towns and cities, and other languages are also common.
There are plenty of commercial opportunities with the ability to rent or buy hotels in Sihanoukville and malls, restaurants, gyms, and much more.
Investment property and land investment are also abundant. So, using the right agent who uses local knowledge, you’ll find what you need to live, work or make a healthy profit if you are looking to invest.
Also, Sihanoukville is home to the country’s largest deepwater port, responsible for increasingly diverse trade and many of the modern conveniences you find on the shelves.
Life for expats here is diverse, and there are many things to do to suit everyone. All age groups can enjoy cuisine from around the globe available throughout the city and the inhabited coastlines.
You can spend mornings chatting with friends in the many cafés before heading off to the beach. Naturally, one of the culinary highlights of the area is the abundant seafood caught and served up in a variety of ways daily.
All across populated coastlines, you will find Cambodian barbeque grills. Here crab and squid are the prize pieces on the menus.
Alternatively, if you are looking for cuisine more from home, you will find British, Australian, Irish, American, Russian, Turkish and more outlets and restaurants in town or on the beaches.
For people looking to rent, buy or invest, the expat community is easily accessible, and for families, you will make friends quickly.
For those of you wanting to live or work here, your recreational options are plentiful. You will find many boat charters to take you to islands such as Koh Kong and Koh Rong that offer snorkelling to scuba diving, and kayaking.
You will find plenty of options for avid anglers, some charter boat trips, and other options from various areas of beaches.
Suppose you are looking for activities that don’t include sandy beaches or active tourism. In that case, a trip to Ream National Park with the Chay Waterfall is a must for adults and children alike.
For those who want a more scenic experience, a full day trip out the stunning Bokor Hill Station that sits atop Bokor Mountain, here you can see the old French Colonial ruins near a brand new casino and resort, where old meets new.
For those looking for a piece of ancient cultural Cambodia, Sihanoukville does not boast that kind of history.
Sihanoukville or Kampong Som was then constructed as a port town as recently as the 1950s. The city represents a more urban, cosmopolitan area than the provincial cities.
In 1955, what was then known as ‘Hawaii Beach’ was used to construct the Port of Kampong Som.
Today, heavy investment and the ‘Belt Initiative’ means Sihanoukville Port is now considered South East Asia’s most vibrant and essential shipping route.
With this in mind, many business opportunities await potential business owners and investors through our networks and local contacts.
This once sleepy town has been completely transformed. The quality of new Sihanoukville condos and beachfront resorts and hotels rival anything in neighbouring Vietnam or Thailand.
Close to the port lies the SEZ – Special Economic Zone. For foreign investors looking at commercial opportunities in Cambodia, the area offers a turn-key solution to help establish a business here.
The SEZ provides a secure environment and infrastructure to house factories to produce goods quickly shipped outside the country or distributed by road to all major cities. The special area offers businesses tax incentives and has numerous facilities that cater to the area workers.
If you are looking at commercial ventures here, you will want to speak to us to peruse nearby Sihanoukville property for sale or apartments or houses to rent in Sihanoukville.
Famed for its sandy beaches and known as the gateway to serene islands, Sihanoukville Real Estate now has a wide choice of beach facing condos and apartment developments.
The market is such you will have no issue finding an apartment for rent in Sihanoukville. There are also many houses and private villas available to both buy and rent.
At present, a string of developments is underway, including hotels and commercial businesses that are opening almost every month.
The town centre is already wall-to-wall with bars, restaurants, hotels, guesthouses, casinos and shops. However, there lies a huge opportunity to invest in the coastal towns that surround Sihanoukville.
Vast tracts of land are available that are ready to be converted into commercial or residential complexes. There is land for sale or rent, and with tourism expected to return in earnest, this area will provide the right ideas to the right investor(s) to make a steady profit for the foreseeable future.
Of course, markets change on an ongoing basis, but an apartment for sale in Sihanoukville would start around the US$50,000 mark and go up as high as US$200,000 with a median price of US$90,000.
These areas are popular with foreign visitors and investors.
In the areas, the bedroom count is between 1-4, with one bedroom being more common. Bathrooms are also commonly between 1-4 and apartments commonly come with one parking space per property.
The floor sizes range between 41-105m2 with a median size of 55m2.
Our in-house data tells us the majority of apartments in these areas face North East.
Here is a list of beaches in Sihanoukville:
Otres beach is divided into three main areas
With this many options on the seafront in one place, it’s safe to say for foreign investors looking at medium to long-term residential and commercial investment in the area; you are spoilt for choice.
Foreigners can buy and invest in property and land in Cambodia.
There are four classifications of ownership in the Kingdom.
Hard Title – Soft Title – LMAP (Land Management and Administration Project) Title and Strata Title.
Lux have an innovative Land Investment Service that is unique to Cambodia. If you are a foreign investor, you need to fully understand the legalities and benefits of the different ownership options. So be sure to speak to your Lux expert to get fully informed.
Sihanoukville has been heralded as one of Cambodia’s most successful development areas of the real estate boom seen in the 2010s.
The area had not stood out from its neighbours Kep or Kampot until recently. Kep had become the St. Tropez of Southeast Asia, while Kampot had become the main port area in the Kingdom under French rule.
As early as the late 1990s, Sihanoukville was still underdeveloped, created in 1955 at Cambodia’s independence; this port city has seen unprecedented development in the Kingdom.
The city has seen a massive construction boom in the last decade, making the coastline centre and surroundings unrecognisable.
Outside of the city within the Province, Sihanoukville houses some of the last bastions of relatively untouched islands left in the South East Asian Basin.
Now we are seeing land opportunities on these islands becoming available for our clients. They represent the same lucrative opportunities that places like Phuket, Koh Samui and Sihanoukville did in the recent past.
Koh Rong and Koh Rong Salmoen combined have 27 beaches of pristine white sand, incredible wild nature and stunning coral reefs.
However, it is not only tourism that is thriving off the coast of Sihanoukville; the real estate market here has a very bright future.
Here are some things you need to know if you want to buy or rent property in Koh Rong or Koh Rong Samloem, Cambodia.
The government passed a new land law in 2001 to recognise an individual’s right to own land and property. This new land law of 2001 created a framework that individuals can register their land and have it recognisable at all government levels.
Property ownership started in Koh Rong and Koh Rong Samloem on the 14th of June 2017. On this day, the government began to issue hard titles for both islands. In 2018 the government started recognising land plots belonging to over 500 combined families on Koh Rong and Koh Rong Samloem.
In 2019 Koh Rong was declared by sub-decree from the Cambodian government as a fully-fledged city.
Now today, it is essential to note that both Koh Rong and Koh Rong Samloem are no longer under the administration of Sihanoukville (West Port).
It is now one city and one municipality with its own city hall.
With both islands now able to issue hard titles, the door is open for heavy investment from local and international investors.
The Royal Group have moved into the islands since 2019. They have created a new airport in Sihanoukville, increasing domestic and international flights to the area, including Ream, and allowing over 35 hectares of beachfront land.
What we see at the current time are many infrastructure projects:
After travel restrictions are eased combined with the government promoting Koh Rong and Koh Rong Samloem as tourist cities, it is good news for both the locals and the future of developments and real estate.
The government for both islands had a master plan for a sustainable city suitable for development. Therefore, investors will not have any issues with infrastructure, pollution or transportation.
Both islands main roads are either 50 or 30 meters wide for access and travel. The road development was necessary as Koh Rong is the same size as Sihanoukville City.
Situated in Cambodia’s South is the paradise island of Koh Rong. The island is the second-biggest Cambodian island consisting of four villages.
Many tourists for years have settled for the beaches on mainland Cambodia. But only one hour away and unbeknown to many is an island with azure blue oceans with pristine white sandy beaches.
We highly recommend the island for tourists and investors. Many foreigners have visited the island intending to stay for a long weekend and ended up staying much longer, or indefinitely as some business owners will attest to.
Koh Rong is a versatile island for visitors looking to laze on a beach for a week; it is ideal. Koh Rong also delivers for people looking for a party island vibe.
When travel restrictions are lifted, we will see the islands very busy again. Representing an excellent time to be considering land investment as prices are extremely low compared to the boom in the 2010s.
As elsewhere in the South East Asian basin November to March is the premium time to be visiting the islands. You will appreciate the calm waters and blue skies during this period and probably fall in love with the area.
All-access routes to the island go through Sihanoukville.
Boats do not need to be booked in advance as there are plenty of agencies around the boat terminal that sell tickets. The boats travel between 9 am and 3 pm. There is more than one operator now going to Koh Rong.
Koh Rong has seen steady infrastructure developments ongoing through 2020 and 2021. However, local boats that can access other beaches are still used.
Long Beach is an attractive and well-known beaches on the island. A 7-kilometre beach with pristine white sand and azure blue water is a breathtaking sight. Considering Cambodia is not renowned for its beaches, it can be quite a surprise to tourists and investors alike.
Yet another beautiful beach has seen many resorts, guesthouses, bungalows, bars and restaurants built in recent years. The well-known American television program ‘Survivor’ was filmed on 4K beach.
For unique snapshots of the island, many people head to ‘Viewpoint’ by walking up through the village.
The only boat trip doesn’t need to be to and from Sihanoukville when you are on the islands. Once on the island, it’s a more picturesque way of getting around. It is easy to find people offering trips on the beach, and they can be cheap.
Other packages include fishing, snorkelling and heading to Long Beach for swimming throughout the day, then sunset and a BBQ.
One of the highlights for tourists is swimming after dark. The beaches are famous for their bioluminescent plankton, truly a unique experience to divers and photographers alike.
The Koh Rong dive centre is fully operational, complete with trips and dive courses readily available every day.
What is an idyllic island without something for adrenaline seekers? High Point has become a top-rated attraction on the island—food for thought for investors and entrepreneurs for outdoor activities.
The beach is located less than 10-minutes away from the main village. Parties are organised three days a week by an island company.
The island has a unique way of organising good business. A handful of different bars come together once a week to offer a unique experience for a set fee. You get to drink in every bar with games and prizes.
The ‘crawl’ has created a different way to meet people and the bar owners for good insight into what would work on the island.
Kayaking is a popular past-time whereby you can head to Small Island; this island has a pagoda and is renowned for its sublime snorkelling.
The island is idyllic, just like Koh Rong. When you visit, you think about telling everyone, and whether you are a tourist or an investor, think twice and keep it to yourself.
Only 4 kilometres across from its sister island, the word is out about the island. Tourism is getting catered for, not just at backpacker levels. Currently, there are now also upscale choices as more infrastructure developments take place.
The island now caters for low-budget to high-end tourism with resorts, bungalows, guesthouses, restaurants, and bars on all its beaches.
Most of Sihanoukville’s islands were earmarked for much more infrastructure and tourism projects at the end of the last decade. Still, certain plans have slowed to the economic downturn. However, opportunities are still there at much better prices than any investor would have seen up to 2019.
The island has unspoilt beaches ideal for diving, snorkelling, fishing, all water sports and jet-skiing and just a place to enjoy the Gulf of Thailand for all its beauty.
Through Sihanoukville, access to the island is easy. There are now various boats and ferry services that connect the two.
With a journey time of around only 45 minutes, they are constant and hassle-free.
With accommodation on the island, it is always best to check what pier the boat is going to. Ensure it is close to where you will be staying or what land you may be interested in seeing.
Koh Rong is more touristy now, but Koh Rong Samloen has not had the backpacker and party vibe to the same extent. In some investors and tourist’s eyes, this could be good or bad depending on what you want.
Here we have land at very affordable prices. This represents a chance for a new landowner to be the first to do anything more substantial or different than basic backpacker accommodation or a regular resort.
What we saw in places like Phuket and Koh Samui in Thailand 30-40 years ago are similar to what we now see on several Cambodian islands.
We all know how Phuket, Koh Samui and Sihanoukville went as far as real estate and investment were concerned. They produced some of the most robust Return on Investment (ROI) we have seen in South East Asia.
The island has a few main areas that have accommodation. Hostels and small hotels are gathering pace. We will see an increase when travel restrictions are lifted, and Cambodia starts to flourish again.
The bay is the most populated area on the island and where the boat drop-off points are. Here you will find hotels, hostels and a resort situated on the beach.
Here, you will find most of the island’s little nightlife due to it being a predominantly backpacker area.
Here you will find suitable lower to medium range of hostels, bungalows and cheaper guesthouses.
The clue is in the name here, much more relaxing and fewer accommodation options. For a visitor, it is an idyllic beach to relax and be at one with the environment.
Investors with a plan represent the island’s future, plains of undeveloped pristine beaches with a rustic look and feel. Locals will tell you this was the equivalent of Saracen Bay before development and tourist infrastructure started.
Koh Rong and its sister island Koh Rong Samloem is no longer the well-kept secrets they were back in 2017/18. However, the global economic situation has not been particularly bad for potential land investors in Koh Rong or Koh Rong Samloem.
If the trend we saw in the 2010s had continued unabated, prices would be considerably higher and a lot more residential and commercial development completed.
The islands still have plenty of opportunities for all kinds of new business ideas and ventures.
We take a proactive approach to deal with land opportunities on the island and have several important contacts there.
If land for sale in Koh Rong or Koh Rong Samloen or businesses for sale on Sihanoukville’s islands is what you are looking for, contact us for a free consultation. One of our advisors will be delighted to answer any questions you may have.
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