Naturally price is a key consideration in any property purchase in Cambodia, as elsewhere in the world. Not only do you want to invest in a property that you can afford, but also in one that shows good signs of offering a healthy return on your investment. This is our quick guide to Cambodia Property prices.
Cambodia Property Prices
In recent years there has been a dramatic increase in the cost of property in desirable areas such as downtown Phnom Penh. Areas such as Boeng Keng Kang I, Daun Penh and the popular Khan Sen Sok area have risen so as to be out of the reach of most first time buyers.
This does mean that bargains can not be had if you know where to look.
Go Slightly Off the Beaten Track
Prices for developments connected to major thoroughfares tend to be nearly two to three times higher than those a few streets back. This is where you are more likely to find the best bargains.
For instance if you were to look for a property close to the Phnom Penh ring road, such as at Borey Williams, you an find detached single family homes of quality for between $150,000 and $300,000.
No Compromise on Quality
This does not mean that you have to compromise on quality either. Our borey homes are made to the highest American standards, providing a contemporary design and safe environment in which you can create a home for your family.
And with house prices set to continue to rise inside suburban Phnom Penh you will most likely see a healthy return upon your investment perhaps even before you move in.
Cambodia property prices might have come close to saturation point in downtown Phnom Penh, but elsewhere in the capital there is still plenty of potential for growth as the capital continues to expand outwards.