If you are looking for a property to buy in Cambodia, you should start with the basics. What are the best places for investment? Although there are over 20 various locations that deserve your attention, we believe that these four will meet the requirements of most investors. Let’s meet them right now.
Best places to buy property in Cambodia
Phnom Penh is the capital of the country and has over 3 million residents. It is the main center of politics, casinos, and also cuisine. The city is growing at an incredible pace, and many will say that it has plenty of similarities to Bangkok. There are almost countless real estate in Cambodia, and most of them are based in Phnom Penh. Don’t forget about the street markets. These markets stand out from the crowd and are known as some of the best in Asia.
Siem Reap is the second place in Cambodia that deserves your full attention. The place is known for stunning tourism advantages and perks, paired with some of the most luxurious hotels and also one of those places which foreigners can own at the moment. The site is suitable and ideal for starting a hotel, motel, or restaurant. The number of tourists has been increasing every year.
Sihanoukville is located 4 hours away from the capital city, Phnom Penh. You are going to love this place. The area is well-known for the best and the most affordable beaches in the country. However, this place is changing as we speak, and we can see that the prices have gone up by 100% between 2016 and 2018. The trend is lasting as we speak, and the prices will go in one direction only. If you are interested in affordable beaches and properties suitable for the tourist-based purpose, Sihanoukville is the best place.
Battambang is popular among mid-tier residents and as such, offers a combination of affordable property prices and plenty of room to grow. This is one of the fastest-developing areas in the country, and it cannot be compared with other places. The city is well-known as the main route between Thailand and Phnom Penh so you can get a better idea about the advantages the location offers. The biggest part of properties is condos and apartments in the central part of the city. However, there are a lot of small houses on the outskirts of the city, and they are reasonably affordable. The country will reach 20 million people by 2035, and it is believed that Battambang will become one of the largest cities.
These were the top four areas or cities in Cambodia where you can start investing today. They offer almost countless perks and advantages, and they will offer even more any time soon. Of course, all four areas are safe to invest, and they have measured steady growth for the past couple of years.