Major Cambodia project planned
February 05, 2015 - Cambodia
Details have emerged of property investment in an exclusive Cambodian island hotel and gaming project, including fractional options from US$10,000.
The Koh Puis Investment Group (KPIG) project on Morakot Island off the coast of Sihanoukville, Cambodia, features a mixture of whole and fractional ownership of residential real estate and hotel rental options.
With no restriction on foreign ownership, KPIG hopes to attract investors from Asia, North America and Russia.
The prime development includes three five-star luxury hotels, a four-star casino hotel, a VIP casino, beach club, high-end restaurants and bars, a luxury spa and wellness centre, a 150-unit marina village, meeting and conference facilities and a range of property options.
Project consultant and fractional ownership expert, David Disick, says, “The incentive for investors in the units is both whole ownership on this iconic property to the investment value of the properties. We see the Cambodian market entering a substantial growth phase and the Cambodian government is dedicated to the success of this development.
“We see primary focus on purchase both locally in Cambodia, in neighbouring nations such as Thailand and VietNam, in Russia and North America. There is no restriction on foreign purchases.”
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