The Kampot land market in 2023 is showing signs of recovery after a slump during the COVID-19 pandemic. Demand for land from wealthy Phnom Penh buyers is strong, and prices are starting to rise.
According to a report by Cambodia Investment Review, the ideal property price range for Cambodian buyers is between $50,000 and $75,000. Foreign buyers, on the other hand, are more interested in properties valued at $100,000 or more.
In Kampot, prime residential riverfront properties previously asked for around $300 per square meter in 2021. However, sellers in 2023 are more willing to negotiate, and prices are now starting to come down. Land for sale in Kampot is currently priced between $200 and $250 per square meter.
The strong demand for land in Kampot is being driven by a number of factors. These include the province’s proximity to Phnom Penh, its beautiful scenery, and its growing reputation as a tourist destination.
If you are considering investing in land in Kampot, now may be a good time to buy. Prices are still relatively low, and there is a strong demand for land from both local and foreign buyers.
Here are some of the factors that are driving the demand for land in Kampot:
If you are considering investing in land in Kampot, here are some things to keep in mind:
Overall, the Kampot land market in 2023 is showing signs of recovery. If you are considering investing in land in Kampot, now may be a good time to buy.
Visit more properties at Kampot https://www.cambodiaproperty.info/property-city/kampot-real-estate/
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…