Property ID : PP00043
Buy $350,000 - Hotels
Lux Realty are excited to bring this cosy Hotel to the market for sale.
The hotel has a Khmer charm with a slightly modern twist, which is unique in Phnom Penh. With 41 bedrooms and a fantastic location in Tonle Bassac, Chamkarmon, this hotel can be a turn-key solution for a hotelier.
The hotel already has a customer base with a restaurant, beautiful swimming pool area, bar and pool table.
Tonle Bassac – Charmkarmon
Chamkarom District is the ideal location for hotels and guesthouses. The area is complete with upscale restaurants, chic bars, modern coffee shops and quaint cafe’s and has access routes to every part of the city.
In recent years, international retail brands have entered the district in numbers, catering mainly to expats and the plentiful tourism the area sees.
Now you also have Koh Pich in the district, which is also increasingly commercialised, already boasting Phnom Penh’s most extensive exhibition centre, a brand new city hall and theatre.
And of course, you can’t forget the AEON Mall that has international brand name shops, restaurants, a Cineplex and other entertainment options for an entire day out for a couple or a family.
Opportunity
There is a lot of people traffic in this area, and the hotel is already fully furnished and ready to go. Now is an ideal time to take this opportunity to imprint changes and add your touches to get your marketing plan in place, to be prepared for the influx of tourists to the area.
Due to the Pandemic, we see many hotels coming onto the market at prices nowhere near the levels of 2019. For the right person now is the opportunity to get in at prices we won’t see again.
If this is within your budget, one of our agents will be delighted to take you for viewing.
Please contact us via Facebook messenger for inquiries or viewings, [email protected] – 077668890 or 0969609355.