Land for sale in Cambodia
The cost of land has increased exponentially in recent years but there are still opportunities to be had when buying land in Cambodia.
In recent years there has been a massive increase in the quantity of land for sale in Cambodia. Land is regularly bought and sold for investment purposes by Cambodian nationals.
This has led to an exponential increase in the cost of land in Cambodia, with many people making a considerable profit on their initial investment. Despite this, there is still plenty of room for growth in the market as well as great opportunities.
Land is used for all kinds of purposes, ranging from a small holding with a house, to farmland, and development land used to construct factories and warehouses outside of the city or along key transport routes.
Can Foreigners Buy Land in Cambodia?
Only Cambodian nationals can buy and sell land.
Some foreigners use a nominee structure or register a holding company to get around this situation, but potential overseas or expatriate buyers should take independent legal advice on this. The holding company route can be appropriate for large commercial purposes.
Where to Look for Land for Sale in Cambodia
Land is popular all over Cambodia.
The price of land for sale in Phnom Penh is prohibitively expensive for most, especially in the city centre, but the price for development land and farm land in the provinces is an affordable investment for many buyers.
Land for sale in Siem Reap province can be keenly priced, especially if it is in close proximity to the city centre and tourist attractions.
Elsewhere, bargains can be found across the country, with land for sale in Kampot, an increasingly popular area both with expatriates and tourists, particularly attractive.
You might also consider land for sale in Sihanoukville, which is Cambodia’s main port, and is only set to rise in value as the port increases both in size and traffic.
Alternatively, if you are considering agricultural land for sale, numerous opportunities are to be found around the country, particularly in Kampong Cham and Kampot provinces. You might also consider the cheap land for sale in Kandal province, which benefits from its close proximity to the capital.
Key factors that will affect the price of land in Cambodia are: quality of road access; future infrastructure plans; electricity and water hook ups; land height and level – flooding can be a major concern in Cambodia –; soil quality; and proximity to major cities, ports, borders and tourist attractions.