Kep real estate comes of age

When Dan Kreis, founder, owner and operator of Kep Lodge Eco-Resort, arrived in Kep for the first time in 2005, he found only a handful of locally-owned guesthouses, less than 10 foreign residents, no supermarket, no electricity, no local bar, a coastline littered with little more than deserted villas and an extremely small turnover of tourist traffic.

Ten years on, and now selling his business at a margin that would have seemed like a fantastic joke in 2005, Kreis has witnessed, and in many ways assisted, Kep’s growth in becoming one of Cambodia’s most highly regarded tourism destinations and an attractive real estate market. …

James Whitehead
http://www.phnompenhpost.com/real-estate/kep-real-estate-comes-age