Can foreigners buy a condo in Cambodia?

It is no surprise that there are so many condos for sale in Cambodia as this is the only legal way that foreigners or expatriates can legally buy a property in Cambodia.

Foreigners are only allowed to buy a strata title property in Cambodia – and this means a condo.

Do your research on the condo developer

However, you should carry out your due diligence when considering which condo for sale in Cambodia you should purchase. Buildings must have been built since 2009, with the building properly registered by the developer as a strata title property. This is something on which the professional team at Pointer can assist you.

Where can you find condos for sale in Cambodia?

There has been a huge boom in the construction of condos all over the capital Phnom Penh and its suburbs, as well as to a lesser extent in popular tourist destinations Siem Reap and Sihanoukville.

Condos for sale in Phnom Penh

Phnom Penh, as the commercial hub of the country and capital, is an extremely popular choice for foreigners and expatriates to buy a condo in Cambodia. This also makes it a very good investment opportunity for Cambodians who can sell their property on to foreigners, something that cannot legally be done with other types of property.

Condos for sale in Siem Reap

Siem Reap is the tourist centre of the country. Its enduring popularity with tourists is ensured by its proximity to the temples of Angkor. Millions of people visit each year drawn by the marvels of Angkor Wat, Bayon and Ta Prohm. Although there is not as much choice for buying a condo in Siem Reap as in the capital, there are still many possibilities for the discerning buyer.

Condos for sale in Sihanoukville

Like the capital, Sihanoukville has seen a recent construction boom, largely fuelled by the Chinese expatriate market. Although the town can be deemed a work in progress, the coastal town with its spectacular beeches and idyllic, deserted islands a short boat ride away has enormous potential. Sihanoukville could rival Pattaya in Thailand, as the coastal destination for expats to settle. If you need any further guidance on how to buy a condo in Sihanoukville, our professional team at Pointer will be more than willing to provide you with assistance.