What are the advantages of buying a house in Phnom Penh?

Major investment groups around the world are very optimistic about Cambodia’s economic potential and invest heavily in its construction. Coupled with the dividend advantages of the country’s layout and development of the “One Belt, One Road” initiative, Cambodia’s economic development will further take off, and the investment prospects are very promising. , and compared with investing in Europe, America, etc., the cost of investing in Cambodia is lower. So what are the advantages of buying a house in Phnom Penh? Next, let’s find out with the editor!

What are the advantages of buying a house in Phnom Penh

1. Located in the central strategic location of ASEAN, Cambodia is a member of ASEAN Member countries, in a central strategic position, are the gateway to important global markets. Moreover, Phnom Penh is still on the east line of the Pan-Asia Railway. Under the influence of the “One Belt, One Road” initiative, its future development potential cannot be underestimated.

2. The economic growth rate ranks sixth in the world. In recent years, Cambodia’s economy has developed rapidly, and its growth rate ranks sixth in the world. Despite the instability of the global economy, Cambodia's GDP has achieved a growth of 7%, fully demonstrating its development strength.

3. Real estate has become one of the country’s largest industries. Cambodia’s economic structure has changed in 2015. The construction industry and real estate industry have replaced the garment industry as the country’s largest industry, and together with tourism, constitute the country’s largest industry. economic pillar.

4. In the process of rapid urbanization, the average age of the people in Puzhai is 27.8 years old. It is a very young country. It is currently in the process of rapid urbanization and has huge demographic dividends and urbanization dividends. .

5. Foreign house purchase policy. According to Cambodia's "Foreigners Real Estate Property Law", foreigners who purchase houses above the second floor of high-rise buildings in Cambodia can obtain the same property ownership certificate as their own citizens, and You can rent and buy houses independently, and the right to enjoy them is permanent property rights.

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