Hotel Redevelopment Project

Business is seeking a development partner interested in a high-return real estate investment based on a renovation of 3-star hotel.
The project’s key advantage is its prime location in Siem Reap’s historic district, just 15 minutes from the UNESCO-listed Angkor temple complex, Cambodia’s main attraction, and within walking distance of the city center and the popular Pub Street tourist area.
Our goal is to redefine hospitality and revitalize the city by transforming the hotel into a catalyst for district-wide urban renewal. This project strikes a unique balance between strong business growth and enhanced quality of life, delivering both impact and profitability.
The project concept envisions expanding the development site through the acquisition of adjacent land plots, followed by a full-scale reconstruction and transformation of the existing infrastructure into a multifunctional apart-hotel with three apartment types:
- Studios – 32 sq. m,
- One-bedroom apartments – 50 sq. m,
- Two-bedroom apartments – 78 sq. m.
The architectural and planning solutions of the complex will establish a pedestrian route linking Preah Sihanouk Avenue, the city’s hotel street, with the River Side recreational zone. This will enhance accessibility and attractiveness of the apart-hotel while also creating potential for further development opportunities by the project company (the project is then scaled up through the purchase and development of land along the route).
The project’s profit is generated through the sale of apartments at a fixed price of USD 2,250 per sq. m, along with revenue from the operation of service infrastructure and the management of the apartment pool under an “apart-hotel” model.
The project provides for both direct apartment sales and an investment model with a Guaranteed Rental Return (GRR), under which owners receive a fixed annual income (at least 6.5% of the apartment’s value) by transferring their property to the apart-hotel management. An additional incentive under the GRR model is the Guaranteed Buyback (GBB) option, allowing the developer to repurchase apartments from owners at 107.5% of the purchase price at any time after the apart-hotel begins operations.