The Cambodia property market in 2023 is expected to remain strong, with demand for both residential and commercial properties increasing. The country’s economic growth, coupled with its growing tourism industry, is driving demand for property.
In the residential sector, demand is highest for apartments and condominiums in Phnom Penh and Siem Reap. Prices for these properties are expected to continue to rise in 2023. Demand for landed properties is also increasing, particularly in areas close to Phnom Penh.
In the commercial sector, demand is strong for office space, retail space, and hotels. Prices for commercial properties are also expected to rise in 2023.
Here are some of the factors that are driving the demand for property in Cambodia:
If you are considering investing in property in Cambodia, there are a few things you should keep in mind:
Overall, the Cambodia property market in 2023 is expected to remain strong. If you are considering investing in property in Cambodia, now may be a good time to buy.
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…