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2 Bed, 3 Bath Apartment for Sale in Phsar Chas

15 , Phsar Chas, Daun Penh, Phnom Penh

For sale$98,000$791/m²
2Bedroom
3Bathroom
120Floor Area (m²)
124Land Area (m²)
EFacing
2Floor Level

2 BEDROOM + 2 BALCONIES + 3 BATHROOM LOFT APARTMENT FOR SALE (Phsar Chas Area)

LOCATION:
This shophouse loft apartment is located in the heart of Phnom Penh, being 2 blocks from the Riverside, 2 blocks from the Night Market, 1 block from Old Market, 5 minutes walk to Kandal Market and 10 minutes walk to Central Market. It takes less than 5 minutes via tuktuk to reach Vattanac Capital Tower or to Wat Phnom. Getting to BKK1,2 and 3 or Toul Kork is fast and easy from this location, as direct access to the 3 main highways (Norodom Blvd, Monivong and Russian Blvd) is less than 5 minutes away. It takes less than half an hour from the airport to the apartment during non-peak hours.

Located on a quiet street amidst many amenities, including a Circle K Convenience Store, Laundromats, Pharmacy and Restaurants on the same street, this apartment is aptly located for tourists who like to use AirBNB, expats who wish to rent long-term or a small family. Motorbike parking is available just around the corner. There are no bars or nightlife spots on the street, ensuring a peaceful sleep even with the windows open.

THE PROPERTY:
Access to the main stairwell is located in a small alley from the street, next to a laundromat. The entryway of the apartment is styled after the Japanese genkan (a small space for you to walk in with your shoes and to put your shoes at) with a bathroom right next to it to hang your wet clothes and umbrella after a rainy day, or to answer the call of nature if that call is urgent.

This entire loft apartment boasts a rare 120 sqm (1292 sqft) total, with the living area, guest bathroom, full kitchen and big balcony on the bottom floor, and 2 bedrooms with private bathrooms on the top floor. The master bedroom has a small balcony and a big bathroom. The other bedroom has a skylight and window that faces the main skylight above the stairs and a smaller bathroom. This apartment is extremely secure, with no attempted break-ins ever due to it being in a secure location and having neighbours opposite the front door. Both the outer stairwell and inner stairwell of the apartment have two-way light switches. The apartment is located on the uppermost floors of the shophouse building.

The property comes furnished with basic necessities, such as a full fridge, washing machine, microwave, stove, sofa set, tv, air-conditioning, a bed, a closet and a desk with office chair. They can also be cleared out if needed.

INVESTMENT-WISE:
Property prices in Phnom Penh are expected to rise once COVID is under control and no longer a threat. US$98K is a solid investment opportunity, considering most studio condominiums here cost around that range and are tiny in size in comparison. There are no maintenance fees to pay. All property taxes are included in the price, including the transfer of name and all associated fees.

Property Overview

Property Features

Air ConditioningBalconyFully Furnished
Internet / WifiPet Friendly

Amenities

Non-Flooding