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Buy Land in Cambodia through a locally-incorporated company

Buy Land in Cambodia through a locally-incorporated company

Article 44 of the Constitution of the Kingdom of Cambodia implicitly states that foreigners aren’t allowed to own land in the country. However, there are many ways foreigners can Buy Land in Cambodia. One of this ways is buying land through a locally-incorporated company, either a limited liability company...

Chroy Changvar and the relocation of the Royal University of Fine Arts

Chroy Changvar and the relocation of the Royal University of Fine Arts

The Chroy Changvar area is a fast up-and-comer for the Phnom Penh residential market, offering fresh air and room to move compared to the inner city districts - an attractive proposition for both expats and local families. New development housing projects continue to launch month on month, hand in...

Renters Guide: Apartment for Rent in Toul Tum Poung

Renters Guide: Apartment for Rent in Toul Tum Poung

Toul Tum Poung has been known for its numerous tourist attractions, restaurants, bars, clubs, shopping and entertainment centers. The fast rise of all these attractions, resulted in a tremendous growth of foreigners settling down in this area. Toul Tum Poung Market is a very popular market in Phnom Penh:...

Rent property in Cambodia: things to consider before you sign, part 1

Rent property in Cambodia: things to consider before you sign, part 1

When it comes to inspections for a new rental property, the bulk of your search and consideration usually revolves around technical aspects of the new home, such as proximity to your office or your kid’s school, your budget, the number of bedrooms and the like – it is easy...

Buying an Investment Property to Live in with High Appreciation Potential: Investors Tips

Buying an Investment Property to Live in with High Appreciation Potential: Investors Tips

“Investment Property”  implies that you invest in a property that you are going to live in, and hope that while you stay there and the price of the land will rise enough to cover the mortgage that you took out to initially buy the property. If the property appreciates...

5 Real Estate Negotiation Tips That Work! Part 2

5 Real Estate Negotiation Tips That Work! Part 2

In last week’s edition we considered some real estate negotiation tips to help you think more laterally in your real estate negotiations and achieve better outcomes. Missed the first tips? Find them online at realestate.com.kh/news Unfortunately positional bargaining in real estate transactions (that is, focussing solely on...

Buy Condos in Cambodia: Ensure a Safe Purchase

Buy Condos in Cambodia: Ensure a Safe Purchase

Yes. Foreigners based in Cambodia have full rights of ownership over condo units, subject to 2010 Law on the Provision of Ownership Rights - a.k.a “the Strata Law”. These rights, however, are restricted to buildings that have obtained a “strata title” - which is available only to...

How Can I Attract Expat Rental Tenants?

How Can I Attract Expat Rental Tenants?

Smart landlords and property owners know that attracting a reliable expat rental tenant can be an excellent way to receive the best rental income from your property. So, how do you attract the best expat rental tenants for your property? 1. LIST ONLINE: Potential expat rental tenants search for...

National Bank cuts Interest Rates to 18%

National Bank cuts Interest Rates to 18%

Loans interests update: the National Bank of Cambodia's announced on the 3rd of March 2017 their decision to cut down interest rates of loans of all the banks and micro finance institutions (MFI) in Cambodia to 18% per year. Having set the interest rates to a low 18 percent a...

Fixed rent, step-up rent and variable rent: the different forms of rent applicable to commercial leases in Cambodia

Fixed rent, step-up rent and variable rent: the different forms of rent applicable to commercial leases in Cambodia

The question of the rent upon execution of the lease is one of the main concerns for landlords and tenants in regards to commercial premise leasing in Cambodia. Therefore, we will see the different forms of rent that can be chosen by the parties. The commercial real estate market...