Cambodia, known for its fascinating and long history filled with rich cultural heritage and traditions, is becoming a hub of modernisation. Over the years, Cambodia, a charming country, has witnessed a sudden growth in the real estate market and has become a favourite spot for multinational companies, investors, and expats. The increased interest of the locals in the real estate market is also evident.
Getting to know Cambodia and its culture has become much easier as the apartments are affordable and a big push for people to move or settle in Cambodia.
IPS Cambodia is one of top real estate agents, specialising in providing end-to-end services with a wide range of apartments in Cambodia for you to rent or buy, all within your budget. The well-trained team at IPS understands the client’s needs and, with their extensive knowledge, can guide their clients even with the gritty of the real estate market around the whole process.
How Apartments Fits Best to Authentic Cambodian Culture?
Living in Cambodia can be a bucket list item for people who want to live and imbibe in the rich culture of Cambodia as a local. And this is very doable as Cambodia caters to the needs of people from all strata ranging from modest living to the most luxurious penthouse, for example, The Penthouse residence. Locals and foreigners prefer to live in apartments for many reasons, such as –
● Affordability –
Apartments vary in size and price that can cater to the needs of a broader range of requirements of individuals or families, including locals and expats. The apartments’ pricing aligns well with the wants and needs of people looking to rent or buy an apartment. Even the low-budget apartment provides many premier facilities and makes them affordable.
● Urban Lifestyle –
The apartments are located in some of the well-connected and developed areas for people to experience city life in a modernised manner.
● Safety & Security –
The residential areas are very secure and located in safe neighbourhoods, making it easy for locals and expats to decide to move to Cambodia. Proper security and 24 hr CCTV surveillance provide relief when living in Cambodia.
● Closer Community Living-
It builds a bonding between the locals, foreigners and amongst themselves. Apartments provide a sense of belonging to the place you live in. Participating in cultural events and get-togethers within the apartment fosters interaction and integration.
● Experience The Local Culture –
Living in an apartment immerses you in Cambodia’s authentic culture. Living with the locals in the same neighbourhood helps you understand their lifestyle, values and builds a better camaraderie.
● Easy Foreign Investment –
Cambodia’s real estate market has witnessed a significant influx of foreign investments. With easy investment policies, high rental yields, and no hidden costs, It has become an attractive option for local and multi-nation companies and foreigners to make Cambodia their home. Cambodia’s growing economy is also why investors want to ride on the wave and make a quick buck on their investment.
Types of Apartments in Cambodia
In Cambodia, there is a house for everyone, be it small or big, posh or modest Cambodia is a place people from around the world want to call home.
To cater to the palette and the demands, the Cambodian real estate market has an option for all. Some of the types of Apramtne people can look for
- Studio Apartment – A studio apartment is best for a bachelor or couples with a smaller budget. It typically has a bedroom, living area and small kitchen.
- One/ two/multi-room apartments – An apartment with two bedrooms, a kitchen and a living area that suits the requirement of a couple or smaller families.
- Duplex/Triplex apartments – These apartments have more than one floor, typically two / three, with a living area, kitchen and dining room on the lower floor with more rooms, sundeck or balcony on higher floors or all the floors connected by an internal staircase.
- Condominium – Often called Condo in short, is an apartment complex with individual flats and various amenities like a swimming pool, clubhouse, and game room. Some may even have a convenience store or a cafe.
- Penthouse / Luxury apartments are high-end apartments with premium features, world-class amenities and facilities. The view from a penthouse is generally breathtaking as they are on the top floor of the building with a roof/ terrace to themselves.
- Service apartment – These apartments are fully furnished and have housekeeping services. These apartments also come with top-notch amenities and beautifully designed interiors. They generally have laundry and concierge services and are best suited for business travellers or families on short assignments.
Best Apartment-Flat Listings for Sale and Rent in Cambodia
IPS Cambodia is the best portal to search for a top-class apartment from the comfort of your home. With the filters, you can narrow your search based on the apartment type, budget and area. Some of the top listings are
Conclusion
Calling Cambodia your home gives you the advantage of experiencing the culture and heritage most authentically. With the growing economy, Cambodia’s real estate market is seeing a boom in investments and relocations by expats to this beautiful Asian country.
The newer buildings and apartments are designed to align with the needs and requirements of modern and urban lifestyles while keeping the local cultural heritage intact. The policies of the Cambodian government and high yields from investments in properties are attractive.
IPS Cambodia has a fantastic team of market researchers and agents that help you make the best decision based on your budget, needs, and lifestyle. They offer end-end services to their clients. The agents are just a call away to take you to your dream home.
Also Read: A Guide To Buying Properties For Foreign Retirees In Thailand