Beachfront Land for Sale in Koh Rong Main Beach 1000 sqm

Yes... we are absolutely interested in your $50,000 bar for sale with 3 stools and no customers.
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basta.binici
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Beachfront Land for Sale in Koh Rong Main Beach 1000 sqm

Post by basta.binici » Thu May 14, 2020 6:43 pm

Seaside land with hard title at Koh Touch beach in Koh Rong island, Cambodia.

Land Size: 20m x 50 meters (1000 m²)
Price: $600/m²
Ownership Document: Hard Title, Freehold

The land is suitable for build a beachfront hotel, condo, apartment complex or villa resort projects.

More information:
https://kohrongre.com/p/beachfront-land ... ain-beach/

Contact: Basta Binici

+855 93 495 194 (WhatsApp, WeChat, Viber, LINE, Telegram)
+855 77 461 979 (Phone Call)
[email protected]

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Dunderhead
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Re: Beachfront Land for Sale in Koh Rong Main Beach 1000 sqm

Post by Dunderhead » Thu May 14, 2020 7:01 pm

I can not understand why property that cannot be legally owned by foreigners is advertised for sale on a website for foreigners. Can anyone fill me in on this?
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crob
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Re: Beachfront Land for Sale in Koh Rong Main Beach 1000 sqm

Post by crob » Thu May 14, 2020 7:53 pm

Dunderhead wrote:
Thu May 14, 2020 7:01 pm
I can not understand why property that cannot be legally owned by foreigners is advertised for sale on a website for foreigners. Can anyone fill me in on this?
guessing the idea is to buy it in your partner's name... though I would guess there are several loopholes out there
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Re: Beachfront Land for Sale in Koh Rong Main Beach 1000 sqm

Post by rogerrabbit » Thu May 14, 2020 8:36 pm

Dunderhead wrote:
Thu May 14, 2020 7:01 pm
I can not understand why property that cannot be legally owned by foreigners is advertised for sale on a website for foreigners. Can anyone fill me in on this?
If you have money to buy over half a million plot, you probably have the money to buy the passport too. Also there are other ways to own the land.
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basta.binici
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Re: Beachfront Land for Sale in Koh Rong Main Beach 1000 sqm

Post by basta.binici » Thu May 14, 2020 10:18 pm

Foreigners can freely setup a company with Cambodian shareholder. Limit all rights of the Cambodian shareholder and be sole director of board and buy, rent sell a property in the name of the company. Noone can play behind you but you can additionally mortgage the land to yourself as an individual. These files are kept with the land files and recorded online to be seen while buying the land at the land department. You can buy by a guarantor bank (Canadia Bank, CanaTrust) as well.
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Re: Beachfront Land for Sale in Koh Rong Main Beach 1000 sqm

Post by truffledog » Fri May 15, 2020 3:06 am

Dunderhead wrote:
Thu May 14, 2020 7:01 pm
I can not understand why property that cannot be legally owned by foreigners is advertised for sale on a website for foreigners. Can anyone fill me in on this?
On every expat forum there are a few idiots who believe that a "workaround" with a local partner is a safe way to own a piece of paradise forever. Until you continue spending money (construction and other) everybody is your friend as you will fill somebodies pockets. When you start trying to get a return on investment, the real problems will appear and teach you a lesson why you should not have invested.
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Re: Beachfront Land for Sale in Koh Rong Main Beach 1000 sqm

Post by WildA » Fri May 15, 2020 8:37 am

when Im ready to drop half a mill USD on a piece of property in a 3rd world country where Im not allowed to own property, Ill be sure to do it with some non american foreign dude who advertises on a forum where folks complain aboiut the price of beer.
Naturam expelles furca, tamen usque recurret. Horace
Just because you are paranoid doesn't mean they arent out to get you. Pynchon
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Re: Beachfront Land for Sale in Koh Rong Main Beach 1000 sqm

Post by IraHayes » Fri May 15, 2020 8:46 am

WildA wrote:
Fri May 15, 2020 8:37 am
when Im ready to drop half a mill USD on a piece of property in a 3rd world country where Im not allowed to own property, Ill be sure to do it with some non american foreign dude who advertises on a forum where folks complain aboiut the price of beer.
Head of nail, meets hammer!
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Re: Beachfront Land for Sale in Koh Rong Main Beach 1000 sqm

Post by Element6 » Fri May 15, 2020 9:44 am

rogerrabbit wrote:
Thu May 14, 2020 8:36 pm

If you have money to buy over half a million plot, you probably have the money to buy the passport too. Also there are other ways to own the land.
That boat has all but sailed on getting a passport now. I heard rumors of it once being $20k. in 2015 it was $60k. 2018 post elections it was said to be $100k but you needed to show a bank balance of $1M and now I am told it is all but impossible for a regular person to get (purchase)
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Re: Beachfront Land for Sale in Koh Rong Main Beach 1000 sqm

Post by numacsys » Fri May 15, 2020 9:56 am

Element6 wrote:
Fri May 15, 2020 9:44 am
rogerrabbit wrote:
Thu May 14, 2020 8:36 pm

If you have money to buy over half a million plot, you probably have the money to buy the passport too. Also there are other ways to own the land.
That boat has all but sailed on getting a passport now. I heard rumors of it once being $20k. in 2015 it was $60k. 2018 post elections it was said to be $100k but you needed to show a bank balance of $1M and now I am told it is all but impossible for a regular person to get (purchase)
I have a German one and an ASEAN one (not KH) by naturalization. Satisfied with both. Hopefully the ASEAN bloc will introduce a pan-Asian visa allowing less restrictive residence privileges.
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