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This property is a 74 m² house with 2 bedrooms and 2 bathrooms that is available for 50+50 year leasehold sale. It is second part of the Prey Nob project Sianoukville. Prey Nob Sihanouk and will be completed in Dec 2024. You can buy this off-plan house for a price of $30,000 (74 m2 land area, 200 m2 usable area)
First 5 reserved for discount price $30,000 then $40,000 at standard price.
Only 3km to Otres Beach!
Foreigners can purchase a house with the land on a 50 year leasehold which can easily be extended for another 50 years.
20 x 2 Bedroom Houses for sale in Otres Village, Sihanoukville, 200sqm, consisting of 2 bedrooms and 2 bathrooms.
Total units: 20
Beds in a unit: 2
Floor areas: 74
Unit types: House
Air Conditioning Internet / Wifi Video Security Gated Community Security Guard
Car Parking Commercial area Common Area Garden Non-Flooding off main road Swimming Pool
Backup Electricity / Generator
2 Bedroom Packages: $2,747
$74 per month
$6,000 for 50 year lease extension
Otres Beach is the next beach south of Ochheuteal Beach - a three kilometer crescent of near white sand facing the southwest. But Otres is far less developed and touristed than Ochheuteal, offering a more leisurely, relaxed atmosphere
We thank Short-Vids for allowing us to use the video of Otres Beach
Purchasing through a leasehold does not allow the foreign to enjoy the feeling of freehold ownership of the land. Most foreign investors expect full ‘ownership' of their property, therefore the concept of paying a large amount upfront, can be an issue for many foreigners but this 2 bedroom house is agreat low price.
By engaging suitable trustworthy legal representation, the drafting of a watertight agreement in terms of the property and the lease arrangement can make this a very secure method of "owning" real property in Cambodia.
You are purchasing a lease from the freeholder for the right to live in the property for a set number of years. You won't technically own the property outright, the freeholder (or landlord/developer) will continue to own the property and the ground it sits on. Leasehold can be commonplace when buying a house or apartment in cambodia and many other countries such as a flat in the United Kingdom.
However, under this arrangement, the foreigner may sell the property at any time and keep 100% of the revenue from the sale.
The developer is not permitted to disagree with or obstruct the sale. The foreigner retains the original copy of the new title deed as a security precaution.
With this leasehold purchase this wonderful 2 bedroom house will be yours for 50 years plus another 50 years extension on leasehold.
The $30,000 includes purchase of the 2 bedroom house and land on leasehold, no land rental fees for 50 years!