When speaking with clients, you hear a variety of opinions about Cambodia. Typically, people unfamiliar with the country’s real estate market talk about Cambodia as poor and underdeveloped, claiming Cambodians are uneducated, live in dilapidated buildings, and so on.
Advice: filter and ignore these opinions; they’re not true. Cambodia is developing rapidly, attracting large investments, it’s a young nation, and the people are very welcoming. We suggest exploring budget-friendly real estate in the capital, Phnom Penh.
Let’s take a look at the R&F CITY project – a project from the international Hong Kong developer RF GROUP.
Svyatoslav Bazanov conducts a video review of the complex , we invite you to see economy-class real estate in Cambodia: video on
And finally, let’s look at the calculation for a studio in this complex:
- 38.38 m² — price $50,000
- Reservation – $2,000
- Down payment – 30% = $15,000 (including reservation payment – $13,000)
- Installment plan – 36 months without interest
Additionally:
- management $507/year,
- electricity and water connections $200
- major repairs $768 (every 10 years),
- Furniture and appliances – from $3,500.
- Rent – $350/month.
- Profit – $4,200 per year.
- Profitability: 8.4% per annum.
Economy segment?
- Then show me where else for $50,000 you can get swimming pools, a fitness club, a tennis court, a club house and a standard of living like business class?