Overseas people can only buy Cambodian apartments or sublet property houses. This means that the relevant land property rights belong to the developers, who divide the property rights into lease property rights and sell them after building the relevant properties. In fact, this type of real estate is generally a new project, mainly for overseas investment. Usually, this type of real estate is concentrated in the center of Phnom Penh or tourist destinations.

2. Investment in apartments also has certain controls.

When investors buy apartments, they must pay attention to the fact that the ground floor cannot be sold to overseas people. In addition, no more than 70% of apartments are overseas investors, and these must be made public for buyers to understand. Developers will stop selling after reaching 70% of overseas buyers, which also means that overseas buyers should take the initiative so that they can get a better choice of units.

3. Understand investment hotspots

Generally speaking, investors can pay attention to the real estate in Phnom Penh. Before buying a house, investors should go to the place where they buy a house, and take the time to learn about the real estate in various regions of the city, as well as the culture and characteristics of this place.

4. Invest in projects with perfect guarantee.

Cambodia is still developing. If you want to protect your property and increase the attractiveness of investment units, you can pay attention to properties with perfect security facilities. Like 24-hour security measures.

5. Pay attention to foreign currency exchange rate

Cambodia uses dollars and riel. Although the Cambodian government has been planning to reduce the utilization rate of the US dollar, most stores still use the US dollar as the transaction currency. However, real estate developers may ask buyers to pay in real terms, but other related expenses, such as furniture, will be paid in US dollars. Before buying real estate, investors should calculate the change of exchange rate and the required cost.

6. Choose internationally renowned developers.

In the market of developing countries, if there are familiar developers, it will be extra points for investors. Some of these projects are comprehensive development projects with great investment potential.

7. Is there an oversupply?

Because developers actively develop real estate projects, many of which are very expensive, most local people can't afford the related housing prices, so some analysts worry that the housing market will be in oversupply in the near future. Relevant data show that the number of apartments will reach 20,000 before 2065,438+08, and only about 2,000 in 2065,438+02. It is expected that thousands of units will be completed in the next few years, and overseas investors will hold real estate units for a long time to let the market digest the situation of oversupply.

8. Dare to ask for a discount

In order to attract more overseas investors, developers have introduced many preferential housing packages, such as giving away furniture, ensuring returns, unit management, and of course, down payment discounts and kickbacks. Therefore, investors should negotiate with developers to get better concessions, lower costs and higher rental returns.

9, understand the property owners need to be responsible for the tax.

Overseas investors need to pay several taxes on the property invested in Cambodia, so you must first understand the calculation method of relevant tax costs before buying a house. In terms of rent return, residential units need to pay 10% tax, and commercial units need to pay 14% tax. In addition, investors also need to pay real estate tax. The tax is calculated from 0. 1% of 80% of the investment unit value, which is about $25,000.

10. Understand the taxes and fees to be paid when selling or renaming the property.

Selling or changing the name of a property in Cambodia requires a certain amount of tax. Property sellers need to extract 20% of their capital growth or profits as profits tax. In addition, the Cambodian government will also draw 10% value-added tax from it. In addition, the buyer also needs to pay 4% property transfer tax.

1 1, and the rental return is considerable.

Compared with countries in the region, such as Singapore, the rental return in Phnom Penh is relatively high, about 5%-7%. However, when renting out the house, it also involves other expenses, such as agency fees.

12. Let real estate make money in multiple ways.

According to the data report of Cambodia Tourism Bureau, about 4.7 million overseas tourists visited Cambodia last year. In addition to renting the property to locals or overseas professionals for a long time, you can try short-term leasing. For example, Times Square in Phnom Penh, The peak, Diamond Double Star and other properties can be developed into homestays to maximize the investment value of real estate!