Discover an exceptional investment opportunity in Savannakhet Province with this 238 sqm land parcel, complete with an existing house, strategically located in Sanarmxay Market Area, Kaisonephomvihane District. Priced at $47,500 (approximately $200 per square meter), this property offers significant potential due to its prime location amidst key urban amenities.

While direct land ownership for foreign individuals in Laos is not permitted, the country’s legal framework provides viable avenues for foreign investment. Foreigners can effectively control land through long-term lease agreements (typically up to 30 or 50 years, with renewal options) or by establishing a Lao-registered company, where foreign-invested entities may hold land use rights for the duration of their investment license. Alternatively, foreigners can own the structures built on leased land, offering a degree of asset ownership.

This property is ideally situated near Samakheexay Market, Savannakhet University, Savannakhet Airport, Dao Heuang Golf Club, PTT Petrol Station Kounkham, and the Bus Station, making it highly attractive for various ventures. Whether considering a long-term residential leasehold, a small commercial development, or a base for business operations catering to the surrounding institutions, this location promises convenience and accessibility, enhancing its value for foreign investors navigating the nuanced Lao property market. Thorough legal consultation is highly recommended to ensure compliance and a secure investment.