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Real estate Cambodia


By right being considered as one of the finest corners of South East Asia, the Kingdom of Cambodia attracts guests of the country and wishing to acquire real estate in Cambodia. Monuments of ancient architecture, including Angkor – the complex of temples being cult construction number one in the world in size most known in the world, attract tourists the pervozdannost. Except Angkor temples for Lolya with operating Buddhist monastery and the temple Preakh-Co, Roluos which were in a temple complex, and also the temple Bakong differing the majestic architecture located in several levels are known. The capital of the Kingdom of Cambodia is a large port of the country, Phnom Penh located on the river Tonle Sap. Having visited the most ancient city, surely examine fine "A silver pagoda" and known monasteries of Phnom Penh. On a note tourists – at an entrance to temples need to remove footwear, and an entrance in shorts and short skirts (for women) it isn't allowed. Kambozhdi's economy constantly develops that is in no small measure caused by injections of foreign investments into the construction industry and in travel business thanks to what real estate prices Cambodia began grow. Today among wishing to get real estate objects use as huge country houses on the coast or magnificent apartments in apart-hotels, and the housing is more modest and is therefore cheaper. At desire it is possible to get in private possession and the considerable land plots the price on which differs depending on location. So earth cost in Pnompen's center makes about $3 thousand the USA for sq.m.


If you rent, purchase of ready objects or an investment into construction for further delivery of housing in rent interests, the prices of rent cost also grew for the last years. The payment for rent averages $5 thousand the USA a month for a huge country house or $1,5 thousand the USA - for apartments with several bedrooms. Foreign citizens and the firms registered outside the country can acquire real estate in Cambodia. Restrictions on purchase of immovable objects in the form of structures don't exist. However acquisition in property of the land plots foreigners, laws of Cambodia don't resolve. The issue is resolved by the conclusion of contracts of long-term rent for the period from 70 to 99 years with the right of prolongation to the same term that is confirmed with the Law on investments of the Kingdom of Cambodia. However acceptance of the innovations allowing acquisition of any real estate in full possession of foreign citizens is discussed. The Government of Cambodia does everything possible for attraction of investments into the country, including expansion of a network of regular air transportation and entering of new acts into laws about real estate. This year five islands will be handed over in long-term rent to foreign investors for the purpose of construction in the Gulf of Siam elite tourist complexes. The detailed plan of construction is discussed.

Investment of money in real estate always were considered as favorable investments, and in a case with Cambodia it is obvious!


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