Property for sale in Cambodia

1/ Capital: Phnom Penh

Is the capital and largest city of Cambodia. It is also the capital of the Phnom Penh municipality. It is an economic, industrial, commercial, cultural, tourist and historical center. Get more information on property for sale in Phnom Penh

Get more information on property for sale in Phnom Penh

2/ Country: Cambodia

Is a country in South East Asia with a population of over 14 million people. The kingdom's capital and largest city is Phnom Penh. Cambodia is the successor state of the once powerful Hindu and Buddhist Khmer Empire, which ruled most of the Indochinese Peninsula between the eleventh and fourteenth centuries.

3/ Property in Cambodia

Cambodia investment property is an excellent short-term investment. It achieved at least 10% rental yields per annum and Cambodian investment property is expected to appreciate by around 25% per year.

In the last forty years the economy has boom  on the back of strong overseas investment and growth in the Asian region. In particular, the growth of tourism provides some exciting opportunities for well-placed property investments and development.

Property ownership in Cambodia is very high after the large-scale land distributions during the communist period of the 1980's. Most families own their own home and it is in property that most individuals hold the majority of their wealth. There is not a history of investing in property, however, as land prices were stagnant for a very long period and demand was so low that opportunities quite simply were not available. This meant that land values were based on Cambodians' ability and willingness to buy, and were therefore incredibly low by world standards.

The lack of buying and selling of property for sale in Cambodia meant there was no need for a real estate industry. Without a real estate industry the concept of market value, freely available statistics on sales, demand and supply trends as well as the tools available to most property developers around the world simply are not available. This means there was and still is the potential to buy properties that are grossly undervalued and provide huge returns.

Foreign purchases of property are probably easier in Cambodia than in any other country in IndoChina, Thailand included.

Foreigners can freely buy apartments above the ground floor (1st floor in US English and in Khmer).

The ground (“1st floor”) is always associated with control over the land. Foreign individuals cannot buy land in Cambodia directly. But land can be held by foreigners on long (renewable) leases and through majority locally-owned companies incorporated in Cambodia. This company structure is the safest for a foreigner wishing to buy land. It is not totally bullet-proof, but in practice it works.