Cambodia Investment Review
IPS – a 35-room and 1186 sqm boutique hotel in Siem Reap – $ 3,300,000 ($2,782/sqm)
Siem Reap, the gateway to the Angkor temples, is experiencing a resurgence in tourism, and a fully furnished hotel property in the heart of the city is now available for purchase. Sala Kamreuk Hotel, a 35-room boutique hotel with a pool, al fresco restaurant, and a total floor area of 2120 sqm, is being offered for sale with a hard title.
Adam Fitzpatrick, lead agent of IPS Cambodia, says “Cambodia’s tourism sector is experiencing a strong rebound. With international borders reopening and travel restrictions easing, we are expecting a surge in tourism to Siem Reap and the Angkor temples.”
Perfect for families or large groups
The property spans 1186 sqm and features contemporary-styled rooms that are spacious and luxurious, complete with Japanese-style bathrooms, a sofa/lounge, balcony, and ample floor space. There are even family suites with a “master bedroom” section, making it perfect for families or larger groups of guests.
“Sala Kamreuk Hotel is located in a prime location in Sala Kamreuk, Siem Reap, just five minutes from Pub Street, the Old Market, and Siem Reap Provincial Hospital. It’s also just a short drive from Angkor University, Khnar Water Park, Funky Village, and the Angkor Golf Resort, making it a popular choice for both transient tourists and the local expat community,” says Fitzpatrick.
The hotel also boasts a tranquil atmosphere, with a poolside view from the balcony, fitted with a coffee table set and surrounded by hanging greenery that lines the balustrades. The tropical greenery along the fence also contributes to a genuinely relaxing and “detoxifying” experience for guests.
“This property is a great investment opportunity for those looking to enter the Cambodian hotel market. The hotel is already operating and generating revenue, and with the rebound of tourism, there are opportunities for repurposing the property and increasing revenue,” says Fitzpatrick.
Foreign buyers can use Stronghold Trustee
For foreign buyers, Stronghold Trustee can facilitate the purchase process as one of Cambodia’s leading facilitators for buying landed property in Cambodia.
If you’re interested in this Sala Kamreuk, Siem Reap Hotel or a property similar to this, contact IPS Cambodia to schedule a FREE viewing with their team of professional real estate agents.
They also offer rent and sale of apartments in Phnom Penh, condos for rent, office spaces for rent, and other real estate in Cambodia throughout Phnom Penh, Siem Reap, and Sihanoukville. With Cambodia’s tourism industry on the rebound, now is the time to invest in a piece of the Siem Reap hospitality market.
Contact Adam Fitzpatrick for this or other business inquiries at +855 12 455 016