Cambodia Expats Online: Forum | News | Information | Blog

have the chance to buy 25Ha of land for mango farming in Kirirom. 5000 mostly mature trees plus some Durian and Jackfruit (not sure of the count on those but not so many). Has a stream from the mountain on about 1/2 of the property which I am told runs all year. Well kept, includes tractor and other equipment. Pump is there as well as storage pond.

At $1.8/m2 does it sound like a reasonable price? Saw others at $1.1/m2 but no where near as mature and not so good a water source with a generally less well kept than this one. Have to check the final boundaries but from what I could see only about 15 - 20Ha was planted out so still room to expand and try new things.

Owner is selling due to ill health and currently leases to a middle man for about $25k per year.

Anyone have any advice or comments, especially about land value in that area (a bit of the road leading from route 4 to Kirirom gate), potential yields or income from farming myself and what I could expect to get from middle men

forgot to add that there are currently 3 families living on the site including the brother of the owner who has been there for about 20 years and who are all willing to stay on

Cheers
A

1 ha, 10,000 sq m...so ur talking 250,000 sq m and its going to cost u $1.8/sq m =$450,000??
wow ur rolling in it

i am guessing the op did not make his money on his own wits if he needs to ask a bunch of broke bitter teachers and old expats advice.

do your own research and make your own mind up after you have facts not fiction or peoples opinions

You realize that as a foreigner you cannot own land in your name right? You can purchase it via the nominee system, but if you're going to spend that amount of money you had better make sure all the paperwork is legally water tight.

Element6 wrote:

forgot to add that there are currently 3 families living on the site including the brother of the owner who has been there for about 20 years and who are refusing to leave

Cheers

Fixed that for you.

Do you have a Cambodian spouse/true love partner?

Do you have any experience of farming / the realities of rural life with all its stupidities / spites /
jealousies?