A Checklist to Consider While Renting an Apartment in Cambodia
Phnom Penh is the national capital of Cambodia since the French colonization.
If you are planning to get a property for rent in Phnom Penh, there are a few things you need to take into consideration.
Partially Serviced vs Fully Serviced Apartment
There is a difference between the two in terms of rate considering, one provides more facilities than the other.
Fully serviced apartments are like hotels and are completely furnished.
They have a fully functional kitchen, concierge service, internet, water supply, parking, and electricity which are part of the rent.
Partially Serviced apartments have fewer services and are comparatively unfurnished.
Rent Prices rise annually by 10-15%. If you take a longer-term lease, then you lock in your rent for more time and you do not have to pay the ever-growing rent prices.
While negotiating with your landlord, about major changes in your rented apartment always find a middle ground.
Reputable real estate agents are experts and possess the right knowledge to understand your housing requirements.
They can negotiate on your behalf, draft a legitimate lease agreement and also help you materialize all your expectations before and after you move in.
Purchasing your rental property is just the start. Next, you need to think about managing the property and making improvements.
What you consider essential when buying a property to live in is different to what you need to look for…
What you consider essential when buying a property to live in is different to what you need to look for…