Full Description

An Exquisite Investment Opportunity in Phnom Penh, Cambodia

French Colonial Apartments

These beautiful units are in the chic riverside French Quarter of Phnom Penh. They are refurbs, so zero construction risk to worry about, with only £1,000 required to reserve, with one stage payment of 35% payable after you have conducted appropriate due diligence. There is plenty of leverage as the balance of 65% is not payable until completion and approval of the finished unit.

The developer is offering a rental guarantee of 10% net for the first 2 years which makes this opportunity something of a no brainer!

Capital growth should hover around 15% to 20% per year as the Cambodian economy continues to enjoy this dramatic awakening.

This opportunity offers all the benefits of being in a higher risk market, but is in actual fact a foolproof route to owning a sought after apartment in the best location of the capital city in one of the most feisty economies in the world today. If you are building a diverse property portfolio, you would be wise to include one or two of these gems.

Prices are in $USD and start from $150,000 (circa £75,100 sterling).

Please enjoy looking at this series of photographs of some of our favourite completed apartments, all in the sought after riverside area of the city. All the pictures are actual apartments that have been designed and fitted out and fully managed. The design and quality across all the apartments purchased by our clients so far has been beyond reproach.

Price Guide

Refurbished apartments are available from $150,000 USD [circa £75,100 sterling]

Tenure

The tenure of these properties is leasehold. Foreigners may have 99 year leases with no restrictions whatsoever. These leases are renewable and so prove to offer full security to the overseas investor.

Furniture

Your apartment will be full furnished to the standard on the photographs on this document. The apartments are all sold as ‘turn key' - completely, fitted, furnished and ready to rent.

Rental

You will be guaranteed a 10% net yield for the first two years of ownership. After the two years is up, if you wish, The Developer will seamlessly continue to manage your apartment for just 15% of the gross income. The yield versus your purchase price in two years time should be around 16%, so you should still clear an income of 10% - your actual yield if current trends continue should be circa 12% upwards, increasing year on year.

Payment Schedule

£1000 deposit (fully refundable)         followed by a 30 day due diligence period

35% of the purchase price                upon signing the Sales and Purchase Agreement

65% balance                                         on delivery and approval of the completed unit, fully fitted

Rental begins on the 1^st date of the first month after completion of the unit

If you are interested....

Please let us know if you would like us to take a unit off the market on your behalf. We can hold a unit free of charge for 10 working days. If you decide to proceed, you then must pay a £1000 deposit, which is fully refundable in any event.

We have an excellent law firm on hand, based in Phnom Penh (we rate them highly) and so can put you in touch if you do decide to take a closer look. The lawyers costs would be approx £1500

Also worth noting, the tenure of these properties is 99 year leasehold which is renewable.