THE ULTIMATE
Cambodia Property
Investment - The Advantages
of Investing in Property in
Cambodia
In Cambodia, a good rental yield is between six to eight percent. This is better than other mature Asian markets, as the rental yield is usually twice as high. There are fewer restrictions on capital inflow and outflow than in developed Asian countries. The average annual rental yield is around $1,000 per square meter, but it can be lower if you choose the right property. It is possible to get a property in central Phnom Penh for less than $1,200 a square meter.
One of the biggest advantages of investing in Cambodia is that the country's property market has seen unprecedented economic growth in recent years. As of last year, Cambodia's real estate market was expected to grow by 20 percent, to 21,000 condominium units. Despite the risks, the expected return on investment is worth it. The first buyers who invested may enjoy future appreciation and be rewarded with a substantial profit. Investors who got in early are also well-placed for long-term appreciation.
While foreign investors may not want to pay this much, the profits are well worth it. For example, in Phnom Penh, an apartment shop could be worth about US$1,500 to US$3,600 a square meter. IPS has offices in Siem Reap and Sihanoukville, and offers many real estate opportunities to foreign and local clients. The average price for a condominium unit is US$2,500 a square meter.
Buying property in Cambodia is an excellent way to get an immediate return on your investment. You can purchase apartment buildings or land plots. In addition, Cambodia has a large population and is growing in a very fast pace. It is now the sixth-fastest-growing country in the world, with a 7% annual growth rate. Strata titles are required to own property in apartment buildings. A strata title is a legal document granting ownership of the second or higher level.
If you are looking for a safe rental yield, look for properties in the less central parts of the capital. The best deals are often found in old shophouse apartments, as local renters are not as concerned with a high price when they buy an apartment. Those with a good sense of location should consider buying a condominium in this area. These are more popular than other types of property, but the rents can be a little harder to sell.
The cost of a Cambodian condominium in Phnom Penh is typically from $120-700K. The price of a Cambodian condominium is usually freehold. This allows foreign investors to avoid paying capital gains tax. It is also important to note that a large percentage of condominiums in the capital is freehold. Moreover, there are many benefits to purchasing a condo in Cambodia. In terms of rental returns, a high-end Phnom Penh property can be bought for anywhere between $100K and $4000 per month.
One of the biggest advantages of investing in Cambodia is that the country's property market has seen unprecedented economic growth in recent years. As of last year, Cambodia's real estate market was expected to grow by 20 percent, to 21,000 condominium units. Despite the risks, the expected return on investment is worth it. The first buyers who invested may enjoy future appreciation and be rewarded with a substantial profit. Investors who got in early are also well-placed for long-term appreciation.
While foreign investors may not want to pay this much, the profits are well worth it. For example, in Phnom Penh, an apartment shop could be worth about US$1,500 to US$3,600 a square meter. IPS has offices in Siem Reap and Sihanoukville, and offers many real estate opportunities to foreign and local clients. The average price for a condominium unit is US$2,500 a square meter.
Buying property in Cambodia is an excellent way to get an immediate return on your investment. You can purchase apartment buildings or land plots. In addition, Cambodia has a large population and is growing in a very fast pace. It is now the sixth-fastest-growing country in the world, with a 7% annual growth rate. Strata titles are required to own property in apartment buildings. A strata title is a legal document granting ownership of the second or higher level.
If you are looking for a safe rental yield, look for properties in the less central parts of the capital. The best deals are often found in old shophouse apartments, as local renters are not as concerned with a high price when they buy an apartment. Those with a good sense of location should consider buying a condominium in this area. These are more popular than other types of property, but the rents can be a little harder to sell.
The cost of a Cambodian condominium in Phnom Penh is typically from $120-700K. The price of a Cambodian condominium is usually freehold. This allows foreign investors to avoid paying capital gains tax. It is also important to note that a large percentage of condominiums in the capital is freehold. Moreover, there are many benefits to purchasing a condo in Cambodia. In terms of rental returns, a high-end Phnom Penh property can be bought for anywhere between $100K and $4000 per month.