Real estate in Cambodia
Cambodia is an appreciated destination for Asian tourists, and many new infrastructures keep developing to welcome them.
Compared to Thailand, the property offer is much less dense and the market benefits from the country’s high growth rate. Cambodia is particularly interesting for anyone wanting to discover a new real estate market, having great valorisation prospects.
An historical country
The Mekong river
To visit Cambodia, nothing is more enjoyable than to go on a cruise on the Mekong, one of the biggest rivers in South East Asia, which spans across the country from the North to the South.
It is possible to a access Phnom Phen capital city by going down the river, and for nature lovers, the area is ranked by WWF as the 2nd richest location in the world for its biodiversity, with unique species of fishes, tigers and elephants.
Siem Reap and the Angkor Wat temple
Siem Reap is a city at the doors of one of the most famous temples in the world. Once, it was only a bit bigger than a village. It was the French who started its development by the early XXth century, and its proximity with Angkor Wat temple brought tourists and gave birth to restaurants, bars and hotels.
The Angkor Wat temple is ranked in the UNESCO World Heritage. As a remnant of the ancient Khmer civilisation, the monument was built in the XIIth century and considered as the symbol of Cambodia. Attracting tourists for all around the world, Angkor Wat is the unmissable site in South East Asia, and demonstrate the architectural and historical riches of the Kingdom of Cambodia.
An economic and touristic dynamism
The Cambodian government is rooted in the growth of its beach resorts and of its capital Phnom Phen. Tourism and expatriation are highly encouraged, to focus on an international projection. To invest in Cambodia real estate is to benefit from this perspective and internationalisation.
The capital Phnom Penh
Founded on the borders of the Mekong and at the convergence of the Bessac and Tonle rivers, Phnom Phen has long been considered as the “Indochina gem”. Angkorian and occidental architecture are mixed with colonial styled French villas and tree-lined boulevards bordering traditional monuments.
One can appreciate many national museums and temples, shopping centers, hotels and restaurants. Thanks to the high country growth, some new “High Rise” buildings were built and are the proof of a dynamic economy and real estate market.
Sihanoukville the beach resort
In Southern Cambodia on the costs of the gulf of Thailand, Sihanoukville beach resort is a perfect example of the touristic attractiveness of the Kingdom. It has various activities such as casinos, shopping centers, marinas and many other aquatic activities. The city is considered as the “Macau of South East Asia” and is appreciated by Chinese and Asian holiday makers.
Concerning Cambodian real estate market, Sihanoukville is ideal as its hotel industry greatly beneficiates from tourism. The city is developing around rental return developments and hotel managements which are similar to some Thailand property investments. It is beneficial for foreign investors, on-site developers and for the tourists enjoying the property. The city is ideal for anyone wanting to buy an apartment in Cambodia to beneficiate from rental yields fixed by contract.