Renting is an alternative to purchasing land in Cambodia. This can be an attractive proposition especially for foreign investors who cannot legally own land in Cambodia.
If you are considering land for rent in Phnom Penh you should note that property in the centre of the Cambodian capital is extremely high priced and only really used for commercial developments, such as condos, malls and major international hotel chains and similar establishing a presence in the Kingdom. This land is often rented on long leases.
Leasing Land in Phnom Penh
Renting land in Phnom Penh is typically for large-scale commercial or development purposes and inevitably involves a significant investment in both time and money, so further advice and legal and real estate consultation should be sought.
The good news if you are looking for land for rent in Phnom Penh is that you can obtain relatively long leases. Leases of 50 years are quite commonplace, and it is not unknown for leases of up to 99 years to be negotiated. Further information can be found here.
Clearly the longer your lease, the greater the time you have to get a return on your initial investment. It also provides you with greater sell-on potential.
Land for Rent in Special Economic Zones
Outside of the capital, land can be leased inside a Special Economic Zone (SEZ) for mixed industrial, warehouse or factory purposes.
These will have tax incentives, as well as established transport links, reliable infrastructure (power and water) and logistics. As with looking for a factory for rent in Phnom Penh, check up on these before you commit pen to paper.
SEZs can be found near Phnom Penh International Airport, at Sihanoukville port and in many border regions, such as Koh Kong close to the border with Thailand, or Bavet in Svay Rieng Province next to Vietnam.
