While Phnom Penh is the commercial hub of Cambodia, Siem Reap is the centre of the country’s tourism industry. Nestled next to Angkor, the city makes an ideal place to buy a holiday home or to set up a tourism-related business.
Welcome to Siem Reap – home of Angkor Wat and a dynamic real estate market
Millions of people come to the tourist centre each year to marvel at the glory of Angkor Wat, Bayon and Ta Prohm. Despite this Siem Reap has preserved its laidback charm. It feels more like a small town, and is less frenetic that the capital city, Phnom Penh. It also has nearby paddy fields and open countryside if you want to get away from it all. And in recent years it has developed quite a reputation for the quality of its food as well as burgeoning art scene.
As the city is much smaller than the capital Phnom Penh, the real estate in Siem Reap Cambodia is correspondingly more limited. There are fewer condos and less borey in Siem Reap, but the houses for sale in Siem Reap are more affordable than in Phnom Penh.
Borey and condos for sale in Siem Reap
This is not to say you cannot buy a condo in Siem Reap. Rose Apple Square is a mixed-use development in the heart of Siem Reap, just a couple of minutes from the tourist-friendly Pub Street. The development, which includes 241 condos as well as co-living and co-working spaces, is due to start construction in 2020. This could well be a smart pre-sell investment opportunity for anyone looking for real estate in Siem Reap Cambodia, especially expatriates or foreigners.
Rose Apple Square is the brainchild of Urban Living Solutions the same developers as behind Urban Loft in Phnom Penh and Bakong Village in Siem Reap, so it is guaranteed to be to the highest international standards.
Bakong Village is another good purchasing opportunity, especially if you are seeking an affordable, family-centered home. A community-focused, affordable housing development, it blends contemporary architectural principles with modern living habits to create the perfect home.
