The main growth in Cambodia property has centred on Phnom Penh thus far. Phnom Penh's massive growth in the past few years means the market is looking like it might level out, and property is not as cheap as it once was. That said, there is still plenty of room for capital appreciation; as Phnom Penh's business and commercial sectors continue to see massive levels of growth, rising affluence as well as a rapidly emerging tourism sector will see property prices continue to rise by at least 15%-25% per year. Bear in mind there is still very little in the way of off-plan development in Phnom Penh, these coming onto the market could see spectacular growth. The Cambodian governments new plan to re-launch the national airline, as Cambodia tourism begins to see massive growth, is likely to spread growth, and new Cambodia property hotspots will start to emerge, especially around Cambodia's beautiful unspoilt coastline, which is beginning to rival Thailand and Bali as a regional tourism hotspot.Find out more about the hottest investment property overseas.
About David Stanley RedfernDavid Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com
No comments:
Post a Comment