Beachfront properties are residential, commercial or recreational properties near or on the beach. Investing in beachfront properties in Cambodia offers the best deal to foreign and local investors, as they can either use it for their personal uses or generate rental income from it.
Based on the location and size of the property, beachfront properties offer the above-mentioned average rental prices –
- Kep – $300-$1000 Per Month.
- Siem Reap – $1000-$5000 Per Month.
- Kampot – $200-$500 Per Month.
- Sihanoukville – $500-$3000 Per Month.
However, these are just the average prices and may further vary depending on the property’s season, demands and aesthetics. If you plan to invest in Cambodia’s real estate, considering beachfront properties can help you with the best returns.
Wondering how?
Let’s explore the benefits of investing in Cambodia’s beachfront properties to know why!
Why Invest in Cambodia’s Beachfront Properties?
– Rising Tourism:
According to World Data Info, Cambodia is a popular tourist destination, and the number of visitors is expected to grow in the coming years. This means a growing demand for beachfront properties, which can lead to higher rental income or capital appreciation.
– Low Prices:
Cambodia is still relatively affordable, especially compared to other beach destinations in Southeast Asia. This means that you can get a lot of value for your money when you invest in beachfront property in Cambodia.
– Government Support:
The Cambodian government supports foreign investment and has implemented several policies to make it easier for foreigners to buy property there. This includes a visa-on-arrival program for investors and a 90-day tax exemption on rental income.
– Beautiful Beaches:
Cambodia has some of the most beautiful beaches in Southeast Asia. From the white-sand beaches of Sihanoukville to the secluded coves of Koh Rong, there is something to suit everyone’s taste.
– Friendly People:
Cambodians are known for their warm hospitality. You can expect to be greeted with a smile wherever you go in the country.
Financial Benefits of Investing in Cambodia’s Beachfront Properties
Rising tourism, government support, and low property prices make real estate investment profitable in Cambodia. Additional benefits of investing in beachfront properties in Cambodia include –
– Tax Benefits:
Foreigners are exempt from paying property taxes for the first five years of ownership. After that, they are subject to a property tax of 0.1% of the property’s assessed value. This is a very low tax rate, and it can save you significant money over the long term.
– Visa-Free Travel:
Citizens of many countries, including the United States, Canada, and the United Kingdom, can visit Cambodia for up to 30 days without a visa. This makes it easy to travel to and from your property and check its progress if you are not living in Cambodia full-time. If you must stay in Cambodia for over 30 days, you can apply for a visa extension at the Cambodian Immigration Department.
– Strong Economic Growth:
Cambodia’s economy is growing rapidly, and the country is expected to continue to grow in the coming years. This means that there is a strong demand for property in Cambodia and that the value of your investment is likely to increase over time.
The Cambodian government has implemented several economic reforms in recent years, which have helped to boost the economy. These reforms have included reducing taxes, improving infrastructure, and attracting foreign investment. As a result of these reforms, Cambodia’s economy is now one of the fastest growing in Southeast Asia.
Best Beachfront Properties In Cambodia
– Angkor Grace Residence –
Angkor Grace Residence is a luxury condominium development located on the beach in Sihanoukville. It offers stunning views of the Gulf of Thailand and is just a short walk from the city’s popular beaches. The development features a swimming pool, gym, spa, and several restaurants and bars.
– Bakong Village –
Bakong Village is a beachfront resort development located in Kep. It offers a variety of accommodation options, from villas to apartments, and is surrounded by lush tropical gardens. The resort has its own private beach, swimming pool, and spa.
– Rose Apple Square –
Rose Apple Square is a mixed-use development located in Sihanoukville. It features a beachfront hotel, condominiums, and retail space. The development is within walking distance of the city’s popular beaches and amenities.
Conclusion
After analysing all the benefits of Cambodian beachfront property investment, we can conclude that it offers the best returns on investment, but only when purchased with the assistance of a rewarded local real estate agent in Cambodia.
If you’re planning to invest in Cambodian properties, IPS Cambodia- one of Cambodia’s best real estate agents- can help you with the best deals. All you need to do is visit their website or call the real estate agents in Cambodia at +855 77 959 861 to schedule a free property viewing appointment.
Also Read: What is the Real Estate Market Cycle, and What are its Stages?