50 Must-Know FAQs for Real Estate Investors in Cambodia
Are you thinking about investing in Cambodia’s real estate market in 2025?Whether you're a first-time buyer or a seasoned investor, understanding the key aspects of property investment is essential. In this guide, Realestate.com.kh will answer 50 essential questions covering everything from legal regulations and market trends to investment risks and opportunities. Get all the insights you need to make informed decisions and maximize your returns in Cambodia’s growing property sector!1. What is the overall investment environment in Cambodia?Political environment: Cambodia is a politically stable country, currently led by Prime Minister Hun Manet, the son of former Prime Minister Hun Sen, who ruled for 38 years. With a background in Western military and economic education, Hun Manet continues his father’s foreign policies, strengthening ties with China and other international partners while maintaining balanced relations with the West. His leadership focuses on economic growth, improving livelihoods, and enhancing Cambodia’s global standing.Economic growth: Cambodia is among the 10 fastest-growing economies globally. From 2011 to 2019, GDP grew at an impressive 7% annually, outperforming the ASEAN average. Although the COVID-19 pandemic caused a 3.1% decline in 2020, the economy rebounded in 2021 and continues to grow. The World Bank forecasts a 5.5% growth rate for 2025, while the Cambodian government projects an even higher 6.3%.International relations: Cambodia maintains friendly relations with most countries in the world. As a small open economy, open and inclusive regionalism and international economic integration are the strategic policies of the Kingdom. After Prime Minister Hun Manet took office, the momentum of Cambodia's economic diplomacy significantly increased. China is Cambodia's largest trading partner and the largest source of investment. The two countries have also signed the Cambodia-China Free Trade Agreement.Foreign Investment-Friendly Policies: Cambodia offers 100% foreign ownership of enterprises, corporate tax exemptions, a low 20% corporate tax rate, duty-free capital goods imports, and unrestricted capital repatriation. These policies make it an attractive destination for global investors.Foreign Direct Investment (FDI): FDI in Cambodia has surged, particularly in real estate, manufacturing, and agriculture. According to the Ministry of Economy and Finance (MEF), FDI inflows reached $8.1 billion from September 2023 to September 2024, reflecting growing global confidence in Cambodia’s investment potential. This growth reflects the international community’s strong confidence in Cambodia’s improving investment environment and its greatly growing economic potential.Strategic location: Located at the heart of Southeast Asia, Cambodia is a regional trade hub with excellent connectivity. Flights to major ASEAN cities take just 1.5 to 2.5 hours, making it an attractive base for multinational businesses.Free Trade Agreements: Cambodia has signed free trade agreements with many countries and regions, including agreements with China, South Korea, the European Union, and other countries/regions, which help expand market access and promote trade. As of 2023, Cambodia is implementing 10 free trade agreements, including the world's largest free trade agreement Comprehensive Economic Partnership Agreement (RCEP), the most famous of which are the Cambodia-China Free Trade Agreement (CCFTA) and the Cambodia-Korea Free Trade Agreement (CKFTA).Cambodia has gained strong interest from both local and foreign investors due to its stable political environment, strong economic growth, investor-friendly policies, and strategic international relations. Key advantages include rising foreign direct investment (FDI), a prime geographical location, and multiple free trade agreements (FTAs). Additionally, Cambodia benefits from Generalized System of Preferences (GSP) trade privileges, low labor costs, and a young, growing workforce, making it an attractive and competitive investment destination.2. Is Cambodian Real Estate a Good Investment?Investing in Cambodian real estate can be a great opportunity, but it depends on several factors, including your investment goals, location, project choice, market knowledge, and risk tolerance. Cambodia is considered an affordable entry point for overseas investors, offering relatively low property prices and high rental yields, especially in fast-growing areas like Phnom Penh, Siem Reap, and coastal cities. However, like any investment, there are risks. It’s crucial to research the market, understand local laws and regulations, and seek professional advice before making a decision. A well-informed approach can help maximize returns while minimizing potential challenges.3. What are the advantages of real estate investment in Cambodia?Cambodian real estate offers several benefits, including a low investment threshold, affordable property prices, low taxes, and minimal holding costs. Investors also enjoy permanent property rights, US dollar-based transactions, high-quality finishes upon delivery, and international-standard property management. Additionally, Cambodia provides high rental returns and a relatively simple transaction process, making it an attractive option for foreign investors.4. How is Cambodian Real Estate Compare to Other Southeast Asian Countries?Cambodia’s real estate market stands out in Southeast Asia due to its stable political environment, strong economic growth, and openness to foreign investment. Unlike more mature markets, Cambodia offers affordable property prices and high appreciation potential, making it an attractive option for investors. One key advantage is Cambodia’s relaxed foreign ownership laws, which make it easier for international buyers to enter the market. However, compared to more developed Southeast Asian countries, Cambodia’s infrastructure and overall living environment are still improving. Overall, Cambodia presents a high-growth investment opportunity with low entry barriers, but investors should also consider the risks and challenges associated with an emerging market.5. Talk about Cambodia’s demographic dividendCambodia has a young and growing population, which is a key driver of its real estate market. According to the 2019 national census, the country's population exceeded 15.28 million, with Phnom Penh being the most populous city with over 2.12 million residents. Notably, 56% of Cambodia’s population is between 15 and 35 years old, creating a strong and expanding labor force. This rising demand for housing, driven by a young workforce and urban migration, continues to fuel growth in the residential real estate sector.6. Who Should Invest in Cambodian Real Estate?According to Realestate.com.kh, investing in Cambodian property is ideal for individuals with the following goals:Affordable access to USD-based assetsDiversifying risk through international asset allocationEarning passive income through rental propertiesLong-term capital appreciation from property value growthCreating a steady income stream for retirementSecuring permanent ownership that can be passed down to future generationsOwning a property for vacation, retirement, or future relocationWith low entry costs, strong rental yields, and freehold ownership opportunities, Cambodia offers an attractive option for investors looking to expand their portfolio or secure a long-term asset.7. Is It Safe to Invest in Cambodian Real Estate?Investing in Cambodian real estate is generally safe and reliable, but like any investment, it carries some risks. If you're considering buying property, Phnom Penh is the best choice as it is the political, cultural, and economic hub of the country. With a growing population, rapid urban development, and high appreciation potential, the city offers rental returns of 6%-10% per year.For off-plan properties, it's essential to research the developer's background and ensure the land ownership is legally secure. To minimize risks, investors may also opt for ready-to-move-in properties, which offer immediate ownership and rental income potential.8. Is Cambodian Real Estate Appreciating Quickly?Before the COVID-19 pandemic, Cambodia’s real estate market experienced steady growth. In Phnom Penh, home prices increased by an average of 8.7% per year (2010-2019), driven by strong economic growth and rising foreign investment (National Bank of Cambodia).Due to market adjustments post-pandemic, high-end property prices dropped from $2,510 per sqm to around $1,900, making it the most affordable entry point in a decade. Some projects are now priced at 2013 levels, offering a low-cost entry opportunity for investors. With economic recovery, favorable government policies, and increasing international investment, Cambodia’s long-term real estate appreciation remains highly promising.9. What Currency Is Used in Cambodia?The official currency is the Cambodian Riel (KHR), with common denominations of 100, 500, 1,000, 5,000, 10,000, and 50,000 KHR. However, the US dollar (USD) is widely used for daily transactions, and many prices are listed in both Riel and USD. Change is often given in Riel. The exchange rate is generally 1 USD ≈ 4,100 KHR. For large transactions, including real estate purchases, USD is the preferred currency. Since Cambodian real estate is priced and sold in USD, it provides a hedge against foreign exchange risks, making it an attractive option for international investors.10. Can I Use Cryptocurrencies to Buy Property in Cambodia?Yes, some developers in Cambodia accept cryptocurrency payments, but most real estate transactions are still conducted in US dollars. Since Cambodia does not have clear regulations on crypto for property purchases, buyers typically need to convert digital assets into USD through licensed financial institutions. While blockchain and crypto-based real estate transactions are emerging trends, they are not yet widely adopted in Cambodia’s property market. Investors should check with developers and ensure compliance with local financial regulations before using crypto for purchases.11.Which City Should I Invest in for Real Estate in Cambodia?- Phnom Penh: The capital and economic hub, Phnom Penh offers high-growth potential and strong rental demand. With rapidly expanding business districts, luxury apartments, and commercial projects, it is the top choice for investors seeking stable returns and long-term appreciation.- Siem Reap: Known as the gateway to Angkor Wat, Siem Reap is a prime destination for tourism and hospitality investments. The city offers opportunities in hotels, resorts, and short-term rental properties, making it attractive for investors in the tourism and retirement sectors.- Sihanoukville: A fast-growing coastal city, Sihanoukville has seen significant foreign investment, particularly from China. Its real estate market is dominated by resorts, hotels, and beachfront properties, making it ideal for those investing in the tourism and leisure industries.- Other Cities: Emerging investment locations like Kandal, Kampot, Kep, Koh Kong, Poipet, and Bavet offer unique opportunities in agriculture, eco-tourism, and resort development. These cities are gradually gaining attention as Cambodia’s economy expands.12. How to Choose a Location in Phnom Penh for Real Estate Investment?Foreign investors should consider the following factors when selecting a location in Phnom Penh:City Center vs. Suburbs: The city center offers proximity to business districts, government offices, and entertainment hubs, leading to higher property values and rental demand, but also higher investment costs. Suburban areas provide larger living spaces at more affordable prices, but investors should consider urban infrastructure, amenities, and commuting time.Infrastructure & Development Plans: Future road expansions, public transport projects, commercial hubs, and educational institutions can significantly boost property valueSafety & Environmental Quality: Choosing secure and well-maintained communities is essential. Investors should also consider factors like air quality, noise levels, and neighborhood amenities.Market Demand & Rental Potential: Locations near corporate offices, business districts, and tourist attractions generally have higher rental demand and stronger investment returns.Popular Investment Areas in Phnom Penh:Diamond Island: A prime luxury residential and commercial district.BKK1: A prestigious diplomatic and business hub, home to embassies and high-end developments.Tonle Bassac: A popular expat-friendly area with a vibrant community.Russian Market: A lively neighborhood with cafés, restaurants, retail stores, and schools.Makara District: A hotspot for foreign institutions and businesses.Toul Kork: A well-developed area with international schools, shopping malls, cafés, and dining options.Each area offers unique advantages, so investors should align their choice with their budget, rental goals, and long-term investment strategy.13. What Are the Housing Prices in Cambodia?Cambodia offers relatively affordable housing prices compared to other Southeast Asian countries. As of mid-2024, the average condo price in Phnom Penh is around $2,500 per square meter, with an average annual rental yield of 5.3%.For comparison:Bangkok, Thailand: $10,000 per sqm, 4.5% rental yieldHo Chi Minh City, Vietnam: $5,900 per sqm, 4% rental yieldManila, Philippines: $5,300 per sqm, 4.4% rental yieldWith its lower property prices and higher rental returns, Cambodia presents an attractive investment opportunity in the Southeast Asian real estate market.14. What Is the Average Price of Real Estate in Cambodia?Real estate investment in Cambodia is primarily concentrated in Phnom Penh, Siem Reap, and Sihanoukville. According to Realestate.com.kh, the average condo prices in these key cities are as follows:Phnom Penh: + 1 Bedroom: $79,656 + 2 Bedroom: $123,728 + 3 Bedroom: $312,151- Siem Reap: + 1 Bedroom: $125,283 + 2 Bedroom: $151,002 + 3 Bedroom: $188,000- Sihanoukville: + 1 Bedroom: $155,000 + 2 Bedroom: Unavailable + 3 Bedroom: $253,650Prices vary depending on location, property type, and amenities, with Phnom Penh being the most dynamic market, while Siem Reap and Sihanoukville offer opportunities in tourism-driven investments.15. How Much Does an Apartment in Cambodia Cost?According to Realestate.com.kh, the price of apartments in Cambodia typically average $1,236 per square meter. High-end apartments in central Phnom Penh tend to be more expensive, while those in suburban or secondary areas are more affordable. For example, at an average price of $420 per square meter:- A 50 sqm one-bedroom apartment costs $80,000 - A 80 sqm one-bedroom apartment costs $128,000 Prices vary based on location, amenities, and property type, making Cambodia an attractive market for investors seeking affordable property options.16. How much does a villa in Cambodia cost? The price of villas in Cambodia varies according to factors such as location, building area, and luxury. According to data from Realestate.com.kh, a Cambodian real estate website, the price of ordinary villas in Phnom Penh and surrounding areas is about US$730 to US$1,700 per square meter, and the price of villas in high-end areas is about US $2,250 to US $4,188 per square meter. The price of villas in some other cities in Cambodia is relatively low, for example, the price of villas in Siem Reap is about US$467-$1,604 per square meter.17. Recent Trends in Cambodian Housing PricesIn recent years, Cambodia's real estate market has shown steady growth, particularly in Phnom Penh, where property values have been rising due to foreign investment, urbanization, and a growing middle class. As the country's political, economic, and cultural hub, Phnom Penh continues to attract both local and international buyers, driving housing demand.Despite this overall growth, the market has faced challenges. The slow global economic recovery, geopolitical uncertainties, and financial pressures have put downward pressure on property prices. In some cases, prices have dropped from their peak in 2019, creating a more favorable market for buyers and investment opportunities at lower price points.For example, in 2019, purchasing a pre-sale apartment at $2,500 per square meter often required waiting 3-5 years for completion. Today, for the same price, buyers can acquire ready-to-move-in properties with more options and security.However, real estate markets tend to follow cycles, and after a period of adjustment, prices typically return to an upward trend. With ongoing infrastructure improvements, a free and open economy, and foreign investor-friendly policies, Cambodia’s long-term real estate outlook remains strong. As supply and demand move toward a more balanced market, property values are expected to rise steadily, making it an opportune time for buyers to enter the market prices are expected to rise steadily, and buyers need to seize the opportunity to be in an active position.18. Is Investing in Cambodian Real Estate a High-Return Investment?Cambodian real estate offers competitive rental yields of 6-8% annually, which is higher than in many developed cities. In Phnom Penh, rental prices typically start at $300 per month, while larger apartments in prime locations can command rents exceeding $2,000 per month.To attract investors, some developers offer leaseback programs, such as a 3-year guaranteed rental return of 24%. After the lease period ends, owners can either continue renting out the property or have it professionally managed. However, buyback programs are rare, making long-term rental income the primary investment strategy.19. What Are the Rental Prices in Cambodia?Rental prices in Phnom Penh vary based on location, property type, size, amenities, and furnishing quality. The general price range is as follows:- One-bedroom apartment: $300 - $800- Two-bedroom apartment: $600 - $1,200- Three-bedroom apartment: $900 - $1,800- Three-bedroom villa: $1,500 - $2,500- Four-bedroom+ villa: $2,500 - $6,000According to Realestate.com.kh, the three most popular rental areas in Phnom Penh are BKK1, Toul Kork, and Chamkarmon.20. Overview of Cambodian Property OwnershipCambodia has two main types of property titles: hard titles and soft titles. -Hard Title: A government-issued, state-recognized ownership document, offering the highest level of legal protection.- Soft Title: Issued by local authorities, it is more common but less secure and may be subject to disputes.For foreign buyers, the only available property title is Strata Title, a subcategory of Hard Title. Strata titles apply to condominiums built on land with a hard title, ensuring legal security and ownership rights for foreign investors.21. The difference between hard title and soft title in CambodiaThe key difference between hard title and soft title lies in who issues the ownership certificate and the level of legal protection they provide.Hard Title: Issued by the Land Management and Planning Bureau, a hard title grants full ownership of the land. The owner has the legal right to occupy, use, benefit from, and sell the property with full legal recognition.Soft Title: Issued by the local district or county office, a soft title only grants legal occupancy, not full ownership. It is not considered sufficient proof of ownership, which means in cases of dispute, a hard title holder will have stronger legal standing and ultimately retain ownership.22. What is the property ownership duration in Cambodia?Property ownership in Cambodia is generally permanent and can be passed down to future generations. However, Cambodia also offers long-term leasehold ownership, typically lasting 50, 70, or 99 years. Buyers should confirm the ownership type with the developer before purchasing a property.23. How does Cambodia verify the authenticity of property titles?There are two primary ways to verify the authenticity of a hard title:Enter the hard title certificate number in the official property registration system.Scan the QR code attached to the hard title certificate.For official verification, visit the Ministry of Land Management, Urban Planning, and Construction of Cambodia: https://mlmupc.gov.kh/Additionally, Realestate.com.kh recommends conducting thorough due diligence, including:Checking the land’s ownership history and previous transactions.Ensuring all title transfers followed legal procedures.Verifying that property taxes have been paid on time.Speaking with previous landowners, neighbors, and relevant stakeholders to gather more insights.A careful verification process helps buyers avoid potential disputes and ensure legal ownership.24. How to choose a developer when buying property in Cambodia?Selecting a reliable developer is crucial to ensuring a safe and successful investment. Here are key factors to consider:- Track Record & Reputation: Choose developers with a proven history of successful projects, strong customer feedback, and a reputation for quality construction and on-time delivery.- Developer Credentials: Verify essential documents, including the business license, construction permit, property ownership certificate, and tax records, to ensure the project is legally approved.- Financial Stability: A financially strong developer is more likely to complete the project on schedule and maintain high-quality standards. Check the sales progress of the project, as steady sales indicate sufficient funding for completion.- Credibility Checks: Research developer reviews on social media, industry reports, and customer testimonials to gain further insights into their reliability.In addition, there are many ways to evaluate the credibility of developers, such as social platform reviews, industry reviews, and customer recommendations.25. How to choose the right real estate agent in Cambodia?Choosing a reliable real estate agent is just as important as selecting the right property. Realestate.com.kh recommends prioritizing agencies that have been established for a long time and have a strong presence in the market, as they tend to be more experienced, stable, and reputable. A good agent should also have access to a diverse range of properties, which reflects their market activity and ability to secure listings. It is advisable to choose an agent with a physical office in Cambodia, as this indicates a deep understanding of the local market, stable business operations, and accessibility for face-to-face consultations. Additionally, working with an agent who offers comprehensive services, such as legal assistance, financial consulting, property management, and after-sales support, can greatly simplify the buying process and provide a seamless investment experience. 26. Types of Real Estate in CambodiaCambodia offers various types of properties, including apartments, terraced houses, shophouses, townhouses, double villas, and single-family villas. Among these, apartments are the most popular choice for foreigners, as they are the easiest type of property to purchase. Many long-term foreign residents, however, prefer villas for their spaciousness and privacy.27. What Kind of Homes Do Cambodian Locals Prefer?Cambodian locals typically prefer shophouses and villas. Shophouses combine residential and commercial space, with the ground floor used for businesses such as shops or restaurants, while the upper floors serve as living quarters. These are ideal for families who want to run a business close to home. Villas, on the other hand, are seen as a traditional and high-end housing choice, especially among middle-class and wealthy families. Villas offer larger living spaces, and privacy, and often include a yard or garden, making them suitable for larger families. With the growing apartment market, more young Cambodian buyers are now investing in apartments, particularly in urban areas.28. How Can Foreigners Buy Property in Cambodia?Buying property in Cambodia is relatively simple for foreigners. To purchase a strata-title apartment, foreigners only need to provide a passport, and there are no major purchase restrictions. Most real estate agents and developers assist with the necessary paperwork, and many have Chinese-speaking staff, eliminating concerns about language barriers or complex procedures. However, Cambodian law prohibits foreigners from owning land, meaning properties such as townhouses or villas require alternative ownership methods. The most common solution is purchasing through a trust, where the property is registered under a trust company, but ownership rights remain with the buyer.29. How Do Foreigners Buy Apartments in Cambodia?Foreigners can easily purchase apartments and obtain permanent ownership. According to Cambodian regulations, foreign ownership is allowed for up to 70% of a condominium building. Investors with higher budgets can even purchase an entire floor in a development.30. How Do Foreigners Buy Villas in Cambodia?Since foreigners cannot directly own land, they must use alternative methods to purchase villas. Common options include buying through a trust, holding ownership through a local spouse or partner, or establishing a Cambodian-registered company to legally acquire the property.31. What are the available payment options when buying a house in Cambodia?When purchasing property in Cambodia, several payment options are available:Monthly Installments: Commonly used for under-construction properties, this method requires an initial deposit and down payment, with the remaining balance paid in fixed monthly installments. This makes payments more manageable for buyers and ensures steady cash flow for developers.Progress Installments: Similar to monthly installments, but payments are made in stages, tied to the construction progress. This provides added security to buyers, as they pay only for completed work.Full Payment: This option involves paying the entire amount upfront, making it a straightforward choice for buying completed properties like second-hand homes or new apartments. This method can sometimes secure better pricing.Housing Loans: Loans with interest rates between 7% and 10% are available, with terms of up to 20 years. Foreigners can apply, but they must meet specific requirements, including a valid passport, visa, and proof of stable income.32. How to open a bank account in Cambodia?Opening a bank account in Cambodia is straightforward for foreigners. You will need a valid passport, visa, and a minimum deposit (the amount may vary depending on the bank). Some banks may also request additional documents, such as proof of employment, a business license, or a local phone number. The process is generally quick, and in most cases, you can receive your account and card on the same day.33. Can foreigners get loans to buy property in Cambodia?Yes, foreigners can apply for housing loans in Cambodia, but the process is slightly more restrictive than for locals. The two main options are bank loans and developer financing. To qualify for a loan, applicants must provide:Proof of income, which is a key factor in loan approval.A good credit history, work experience, and valid identification.Collateral (if required), such as a hard title property.34. What is the process of buying a house in Cambodia?The process of purchasing a new property in Cambodia typically follows these steps:View properties and select a home that meets your needs.Pay a deposit (usually $2,000 - $3,000) to reserve the unit.Make a down payment, typically 30% - 50% of the total price.Sign a sales contract that outlines all purchase terms, including price, payment method, and delivery timeline.Pay the remaining balance according to the agreed payment schedule.Transfer ownership to complete the transaction.Most of these steps are handled by real estate agents and developers, making the process smoother for buyers.35. What is the process for transferring property ownership in Cambodia?Transferring property ownership in Cambodia involves several key legal steps:Sign a sales contract, which details the terms of the transaction, including the price, payment method, and transfer date.Pay necessary taxes and fees, such as stamp duty and value-added tax (VAT).Prepare the required documents, including identification, property certificates, and the sales agreement.Register the transfer at the Land Administration Bureau, where officials will review the documents and finalize the transfer.Once all formalities are completed, you will receive the new property title certificate, confirming the buyer's legal ownership.36. What taxes do you pay when buying property in Cambodia?Cambodia imposes several property taxes on property transactions:Transfer Tax (Stamp Duty): 4% of the property value, payable upon transfer of ownership.Annual Property Tax (ToIP): 0.1% annually, based on the assessed value of the property.Unused Land Tax: 2% annually, applied to undeveloped land to prevent speculation.Rental Income Tax: 10% - 14% of rental incomeCapital Gains Tax (CGT): 20% on profits from property sales, deferred until 2025.Moreover, Those who buy homes or apartments in residential communities before 2025 and finish the property transfer or registration process for the first time in 2025, and whose purchase value is less than or equal to US $210,000, will not be required to pay stamp duty, according to the most recent 2025 Tax Incentives.37. What are the potential income streams from real estate in Cambodia?Investing in real estate in Cambodia offers several opportunities to generate income, including:Rental Income: Many international buyers invest in Cambodian real estate primarily to earn income by renting out their properties.Capital Appreciation: As the market grows, the value of properties may increase over time, allowing investors to sell at a profit when the market conditions improve.Property Renovation: Another strategy is purchasing properties that require renovation, making improvements to increase their value, and then selling or renting them at a higher price.Land Investment: Investing in land and holding onto it as the surrounding area develops can also be a profitable strategy, as the land's value may rise over time.38. How can property owners generate rental income in Cambodia?There are several ways to rent out property in Cambodia:Free Rental Listings: You can post rental information on social media platforms like Facebook, or other local rental websites like realestate.com.kh to attract tenants.Short-Term Rentals: List your property on short-term rental platforms such as Airbnb, Booking.com, and Agoda, to reach travelers looking for temporary accommodation.Long-Term Business Rentals: This model targets tenants such as foreign investors and local professionals who are in Cambodia for business opportunities. To save time and effort, property owners can choose to work with a property management company or trustee to handle the rental process on their behalf.39. How does property management work in Cambodia?The property management industry in Cambodia is growing alongside the country’s real estate market, particularly in major cities like Phnom Penh, where services are becoming more professional and organized. Property management services typically include lobby reception, cleaning, property maintenance, security monitoring, and rental management. While service quality can vary between companies, international investment and increasing market demand are helping improve both the standards and efficiency of property management services.40. How much does property management cost in Cambodia?The property management fee for apartments in Cambodia generally ranges from $0.50 to $1.80 per square meter per month. Most apartment projects charge around $1 per square meter, with the highest fees reaching $2 per square meter. For villas, the management fee is often free or a fixed amount, typically around $40 per month.41. How are properties delivered in Cambodia?In Cambodia, most properties are delivered with basic or fine decoration, but the delivery standards can vary depending on the developer's plans and the project’s positioning. The terms agreed upon in the purchase contract also play a role in determining the delivery details. Some developers offer basic decoration, while others may include soft decoration (such as furniture and appliances). In certain cases, the properties are fully equipped with luxury brand furniture and appliances, allowing buyers to move in with just their luggage. Although there is no standardized approach, the general practice in Cambodia is to offer basic decoration as part of the property delivery.42. Is it difficult to maintain a house in Cambodia? How much does it cost every year?The cost of maintaining a house in Cambodia is generally not too high. The basic taxes and fees that need to be paid each year include: property tax, property management fees, water, electricity, internet fee, garbage fees, parking fees, etc.Property Tax: 0.1% of the property value, payable every year before September 30.Property Management Fees: Usually around $1 per square meter per month, calculated based on the building area.Water Fees: Approximately 1,000 Riel per cubic meter.Electricity Fees: Around 1,000 Riel per kWh.Internet Costs: Ranges from $20 to $60 per month, depending on the service plan and provider.Trash Collection Fees: Typically only a few dollars per month.Parking Fees: Motorcycle parking costs about $10 per month, while car parking can cost around $50 per month.Overall, the annual maintenance costs for a house in Cambodia are relatively affordable compared to many other countries.43. How can I take care of my property after buying it in Cambodia?After purchasing a property in Cambodia, you have several options for managing it. If you plan to rent out the property, you can earn rental income. For those who do not reside in Cambodia full-time, hiring a local property management company can be a smart choice. These companies can handle the day-to-day management and maintenance, including leasing, repairs, cleaning, and other essential tasks, ensuring that your property is well-maintained and generating income without requiring your constant presence.44. Is the second-hand housing market growing in Cambodia?While Cambodia is currently experiencing a boom in new home construction with many choices and easy payment options, the market for second-hand homes remains stable, particularly in prime locations. Although most buyers tend to prioritize new homes, well-maintained second-hand properties in key areas can retain their value and perform relatively well even when the overall market fluctuates. For buyers who value location, mature communities, and the ability to move in immediately, second-hand homes remain a very attractive option.45. What factors should I keep in mind when purchasing a home in Cambodia?When buying property in Cambodia, there are several important factors to consider:Property Rights and Legal Issues: It’s essential to understand Cambodia's real estate laws, especially regarding foreign ownership. Ensure that the property’s legal status is clear and undisputed and that the transaction is carried out through legal channels.Market Research: Conduct thorough market research to grasp the supply and demand dynamics, price trends, and any factors that could influence property values.Choose a Reputable Developer: Check the developer’s background and reputation, verify the construction quality, and ensure the property complies with building codes and safety standards.Location: Consider the area’s development potential, infrastructure, and accessibility. A location with strong growth prospects and future value increases is a goodInvestment.On-site Visit: Don’t just follow trends—make sure the project aligns with your budget and goals. It’s important to visit the property and evaluate it in person before making a decision.Professional Consultation: Hiring local real estate agents, lawyers, and financial advisors can help you navigate the legal and financial complexities of the buying process and ensure you make well-informed decisions.Professional consultation: Consider hiring a local real estate agent, attorney, and financial advisor to help you make informed decisions throughout the home-buying process and handle the legal and financial aspects of the process.46. What Are the Main Transportation Options in Cambodia?Cambodia offers several transportation options, including tuk-tuks, motorbike taxis, buses, and private cars. In Phnom Penh and other cities, ride-hailing apps like Grab are also commonly used. For longer distances, trains and domestic flights are available, with increasing infrastructure development to improve connectivity.47. What Currency Is Used in Cambodia?The official currency of Cambodia is the Riel (KHR), but the US dollar is widely accepted and used for most transactions, especially in urban areas and for large purchases. Many prices are quoted in US dollars, and change is typically given in Riel.48. When Is the New Airport Opening, and What Does It Mean for Foreigners?The new Techo International Airport is expected to open this July (2025) and will significantly improve connectivity with international markets. For foreigners, the new airport offers better travel convenience, direct international flights, and increased investment opportunities due to enhanced access to Cambodia. It will also help attract more tourists and business investments, benefiting the real estate and hospitality sectors.49. How to apply for a visa to Cambodia?Applying for a visa to Cambodia is convenient, with three main options:Visa on Arrival: Apply directly at the international airport or border crossing. You’ll need a valid passport and photo. The fee is typically $30-$35Electronic Visa: Apply online through the official website evisa.gov.kh. Fill in the required information, pay the fee, and receive your visa by email after about 3 days. The visa is typically valid for 3 months with a 30-day stay. eVisa is also available for tourist and business visas, and the processing time for most eVisa applications is around 3 business days.Visa from an Embassy or Consulate: This option is ideal for those needing a longer stay in Cambodia.50. What are the top real estate developments available in Cambodia in 2025?In 2025, some of the key real estate projects available for sale in Cambodia include: Le Conde BKK1, J Tower 3, Times Square 7, Times Square 8, Diamond Bay Garden, Picasso 2, Wealth Mansion, La Vista One, Odom, The Pinnacle Residence, R&F Miro City, Urban Village Phase II, Royal Platinum Apartment, Anata Residence, Residence H, Bingfa City, Rose Apple Square, and more.If you want to know more about the real estate landscape in Cambodia, feel free to contact us, the top real estate company in Cambodia via-📞+855 92 92 1000📧 info@realestate.com.kh
