Phnom Penh is a fantastic market for real estate investors. In fact, Cambodia is considered the best frontier market for real estate investors. First, as a nation that was devastated by a Civil War, it has a lot of catching up to do. The nation, and it’s bustling capital of Phnom Penh, is in the midst of an enormous infrastructure transformation – bridges, skyscrapers, smart neighborhoods (boreys), 5G, are all in play.
Once under the radar, Phnom Penh is now fully in the spotlight as a hot real estate investment market. Foreign capital is flooding in, factories are being built, and expats with strong salaries are moving in to service multinational corporations — these folks need places to live, be in luxury condos, luxury villas or even long-term stays in luxury hotels.
Real estate investments in Phnom Penh can be for primary residences but it also can be for future rentals as AirBnBs and for re-sale.