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Introduction to Cambodian Real Estate

Cambodia which is famous of its rich culture and nature is at the frontier of tourism. The country exploded in both visitors as well as general population. Things have been changed with the completion of international entries for foreign businessmen and tourists. The country has a lot of attractions - unspoiled beaches, wonderful islands, beautiful natural areas, historic temples, the world's great ancient wonder - Angkor Wat, etc. All of these factors cause very fast development in term of human resources, technology, economics, business, infrastructures and other fields.

The capital, Phnom Penh, is the popular gateway for tourists. Phnom Penh has a lot of lively restaurants, bars and exciting market shopping. It is the most important commercial centre in the country. With strong economic growth in the region, there are vast opportunities in markets for real estate, infrastructure investment as well as tourist industry.

Because of its unique features such as climate, geography, nature, Cambodian land is best for human being to live. The living condition throughout Cambodia varies from region to region. Khmer villages have gradually been developed with local and international facilities and services.

Cambodian land offers many advantages for new and expanding business including a skilled and productive labor force, easy access to Asian industrial and consumer market places, etc. Moreover, it is also a place for people who seek peace and quiet, enjoy the natural landscape and want to live happily during their oldness.

Cambodian Real Estate Market

The Cambodian real estate market has taken giant steps to become remarkable and more developed than last decade. There are uncountable segments of the residential buildings that consists of different styles either built from brick or wood. Most of the older ones were built during French colonial period to provide housing and offices for French officers at that time.

The development tendency in this Asian country is very remarkable. A lot of new residential and industrial buildings are constructed throughout Cambodia. In the mean time, the price of real estate in Cambodia sharply increases. The real estate market is dependent on the region's economic health, investment climate as well as population growth, and within the last ten years the price of land per square meters in Cambodia is unexpectedly increased - 5000%. It is the unbelievable figures, but a fact.

In the last ten years, there were so few Cambodians living abroad came to buy real estate in Cambodia. At present, there is an increasing number of Cambodian buyers from various countries such as the United States, Canada, France, Australia, etc. Actually, living in Cambodia is advantageous. Water and electricity supplies and security are much better than before. Landlords don't have to pay for land or house taxes. They have full right to own and manage their properties forever - all legal landlords get free titles. Moreover, you don't have to pay for insurance service for your real properties in Cambodia. Owning real estate in Cambodia means not only saving your money but also increasing your capital and wealth.

Anyway, the land in Cambodia is very limited that causes the price of real estate gradually increases. Our realtors expect that real estate's price will be doubled in next five years. Before everything is unaffordable, please contact us as soon as possible so that we can help you to own Cambodian real estate. We cannot guarantee to help those who contact us late to get a good-location land with cheap prices.


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