For SALE - សម្រាប់​លក់ - Modern pool villa with beautiful garden in Kep

Stunning views
Mature, maintenance free garden.
2000m², hard title
Villa, 190m², 2/3 bathrooms, modern kitchen
Staff house, garage, patio 80m²
Pool 8,5 X 5M

Fully furnished, ready to move in or rent out
Quiet location in nature but close to everywhere in Kep
$490.000 all in

Contact me if you love it and want to buy it. I have Line (ID=koenlondon) or WhatsApp (070381102). I have telephobia so won’t answer phone calls. Text only for viewings, thank you.

https://www.villakhun.com/en/1418108/gallery

location, location, location..the house itself is gorgeous.The price per sqm is about the same I would pay in Italy which makes me wonder.

In Cambodia, wealthy people use land as a store of value. That is why the price of land has been going up so strongly. So they made good money by simply sitting on houses or land. Unlike many other countries however there is little development of land into housing such as the above, especially outside of PP. No market for the end product.

A very nice house indeed, great for renting out since both bedrooms are pretty much identical facing the pool on either side of the living area.

Was renting for like 150 a night I believe?

IIRC, the build was well documented in a thread on this forum, or the other one.

What would it cost to buy a similarly located and sized piece of land in Kep now, and build the same house ?

offroadscholar wrote: ↑Sun Jan 09, 2022 11:54 am IIRC, the build was well documented in a thread on this forum, or the other one.

What would it cost to buy a similarly located and sized piece of land in Kep now, and build the same house ?

I'll partly answer my own question

but house alone without garden, furniture, swimming pool, gates, ... probably in the region of 130k.

general-chatter/building-kep-t16408-190 ... la%20build

I am wondering why he is selling it so shortly after completion. Maybe he is just testing the waters to see who might be interested and find out the current market prices. The location is a little far from town in a village called Kao Krasang. A French guy built a borey called Park View Villas with Western-style villas on small lots in the area. Don't know whether they ever sold all the units. That one was way back along a winding small dirt road. They sold for $350,000 a couple of years ago.
Prices for land are steadily rising and is bought by wealthy Khmer sitting on it for later sale. There is no market for villas like this. Khmer want 2-story not bungalow-style houses and Westerners here usually don't have this kind of money.
I have a similar house with pool I built myself on 875 m2 almost 3 years ago. The house is 170m2, 3 BR/baths, 1 guest bathroom. staff house, utility house, garage, modern kitchen, open floorplan, screened in terrace Florida-style. Location not too far from Kep market 25 m in on paved road. The land was $140,000, a neighbor is asking $250,000 for the same size land. A friend bought 2 lots of 1500 m2 together farther inside on dirt road for $260,000, cleared it, built a nice wall around it, planted some mango trees, and put in some sod. They had an offer for $400,000 from a Khmer from PP 2 months later.
I would price my house at about the same as whiteribbon's, but have no illusion of selling it at that price in the near future, plus I wouldn't know where to go live anyway. It's hot in Cambodia but we know that. Power bills are very high not because of A/Cs which we don't use that much anyway except in March, April May but running the pool pump for 12 hours a day. Fans and open doors usually cool it enough.
Villas like this in a resort town in Italy or Spain are twice or three times that much.

offroadscholar wrote: ↑Sun Jan 09, 2022 12:39 pm

offroadscholar wrote: ↑Sun Jan 09, 2022 11:54 am IIRC, the build was well documented in a thread on this forum, or the other one.

What would it cost to buy a similarly located and sized piece of land in Kep now, and build the same house ?

I'll partly answer my own question

but house alone without garden, furniture, swimming pool, gates, ... probably in the region of 130k.

general-chatter/building-kep-t16408-190 ... la%20build

Not too far off, depending on materials used between $100K and $170K