Home to unique colonial buildings, comfortable and inexpensive townhouses, and a growing number of high-end condominiums and apartment buildings, Cambodia has a vibrant real estate sector that’s growing by the day. From cheap rooms to high-end housing, read on to learn more about accommodation and real estate in Cambodia.
Cambodia boasts one of Southeast Asia’s most rapidly growing property sectors, and is an ideal place to search for a place to stay. Retirees and expatriates will mostly be interested in rental properties, as the logistics of buying land – particularly in one’s own name – in Cambodia are complex and somewhat loosely enforced.
Apartments can be rented in major cities such as Phnom Penh, Sihanoukville, and Siem Reap for a wide range of prices. Thanks to Cambodia’s growing popularity in international circles, the range of accommodation is expanding every year, with a huge range of new mid-range and high-end properties frequently emerging.
At the lower end of the scale, inexpensive properties in Cambodia can be rented for as little as $150 USD per month. In many locations, this small sum is enough to rent a comfortable, albeit small apartment. In many rural locations, this modest budget is enough to rent an entire house, complete with two or three furnished bedrooms.
Cambodia’s growing middle class has resulted in a large number of modern housing projects aimed at the mid-range market. Brand new one-bedroom apartments are a common sight in Phnom Penh and Sihanoukville, with renters paying around $400 USD per month for a large one-bedroom or small two-bedroom apartment.
At the higher end of the scale, Cambodia offers a variety of options. Retirees with a large amount of savings will enjoy life in Cambodia, as high-end housing there is at par with mid-range housing in the Western world. In Phnom Penh, a high-end one-bedroom apartment can be rented from just $1,000 USD per month upwards.
All apartments in Cambodia are rented without any form of utilities, and with the possible exception of serviced apartment suites, tenants will be expected to pay all of their utility expenses on their own. In many cases, apartments are rented with furniture and basic decorations included, or at least with the ‘essential’ items.
From its growing assortment of mid-range condos to its inexpensive houses and apartments aimed at budget visitors, Cambodia offers a huge range of rooms for visitors of all budgets. Whether you’re searching for a small apartment or a large palace, Cambodia has a housing choice to suit your needs and budget.