Property ID : LUX-34367
Buy $650,000 - Hotels
Lux is proud to offer the following property for sale to market.
Brand new hotel in Siem Reap just 400 meters from the main road, close to Sokha hotel however nicely secluded giving you piece and tranquility from Siem Reap’s busy streets that are normally jam packed with tourists.
The hotel never opened as it finished construction just before the covid crisis and now is a distressed sale and the owners are only looking to get their money back. Its a great deal and has been built to the highest standards.
The hotel is easy to run being only 24 rooms with a small restaurant and pool, the entire operation would only take around 10 staff maximum and the going rate for these rooms if you wanted maximum capacity is estimated around $40 USD a night giving you a full return on your investment within just 2 years .