Residential Investment Opportunity

Listing ID: SRP679
December 26, 2018

Description

A superb residential investment opportunity presents itself with this property for sale, freehold, now in Siem Reap. Set over twelve hundred square metres of ‘Hard Title’ land, this villa complex of four has been developed by a French contractor, designed with European tastes and catered to the Expat rental market, attracting a 95% occupancy rate since completion in 2012. Currently yielding a very healthy 8% return on investment or ‘ROI’, the villas have been leased at 2012 – 2014 rental market prices long term, with leverage on the 2016 market price being very realistic. These attractive and very functional villas are exceedingly popular with long term residents, with the stated occupancy rate attesting to the readily available income opportunity. Specifications on each of four villa’s include:

Ground Floor: 44 m2

First Floor: 44 m2

Balconies: ground & first floor: 18 m2 each

Bedroom one & two: 16 m2 each

Communal swimming pool

Private garden for each villa

Secure vehicle parking for each villa

The property has been maintained to the highest standard with bathroom renovations recently completed to include new plumbing/water systems as an example. Located at the Northern end of the Siem Reap River and a short five minute commute to town centre, this complex of four homes is ideally situated in a leafy residential environment, popular amongst expatriated business individuals and families. For further information please contact 1st Siem Reap Properties on this exciting investment opportunity!

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