Oyster International

Oyster International
279 Ewell Road, Surbiton, Surrey KT6 7AB

http://www.oyster-international.com
Apartment - For Sale - Phnom Penh, Phnum Penh, Cambodia
Ref: Don't Miss Saigon Prices From $120,000
   
French Quarter  
Phnom Penh, Phnum Penh, Cambodia Status: For Sale Off Plan
Internal Living area, click to view
River runs through Phnom Pehn, click to view
Cambodian Markets, click to view
The French Quarter, click to view
Map Phnom Penh French Qurter oyster, click to view
Extrerior Before Renovation, click to view
map, click to view
Oyster International Property Consultants, click to view
Internal
  • French Colonial Building
  • Re-furbished
  • 2 minutes to River
  • True Emerging Market
  • Bedrooms: 2, Bathrooms: 2, Floor Area: 114 sq. mt

    Investment project in centre of City. A restoration of a French colonial building with refurbisehed apartments close to the River. Finished to high spec. Expect high yields and Capital Growth.

    Register for details because when they come available, they go quickly.
    Actual Apartment Pictured

    Price                $US120,000
          
    Rent                $1,100 per month
    Return                Specifics                2 bedroom, 2 bathroom
    Size                    114m2
    Projected cap growth        10-15%

    Maintenance 2 year guarantee on all work
    Building circa 1930’s French Colonial apartment complex.

    The management offer the security of managing the property charging only 15% commission, which should be around 10% as a net income.

    The original structure is solid and bringing this old beauty (with a modern touch) back to life will create a unique apartment environment.


    Cambodian Property Market

    After 40 years of isolation from the rest of the world due to political turmoil, civil war and economic devastation following the Khmer Rouge period, Cambodia is rapidly waking up and realizing the economic opportunities that lay ahead. Whilst the economy is in these early stages of development, the risks are definitely real. However, there are huge opportunities for investors prepared to brave these risks and get in at a ground level. In no industry is this more prevalent than property.

    Property ownership in Cambodia is very high after the large-scale land distributions during the communist period of the 1980’s. Most families own their own home and it is in property that most individuals hold the majority of their wealth. There is not a history of investing in property, however, as land prices were stagnant for a very long period and demand was so low that opportunities quite simply were not available. This meant that land values were based on Cambodians’ ability and willingness to buy, and were therefore incredibly low by world standards.

    The lack of buying and selling of property in Cambodia meant there was no need for a real estate industry. Without a real estate industry the concept of market value, freely available statistics on sales, demand and supply trends as well as the tools available to most property developers around the world simply are not available. This means there was and still is the potential to buy properties that are grossly undervalued and provide huge returns.

    Over the past 5 years, investors in Phnom Penh and Siem Reap have been taking advantage of these opportunities and making fantastic returns. Khmer returning form overseas have fuelled a dramatic increase in demand in Phnom Penh, bringing back with them an understanding of the potential value of properties based on tourism trends and economic development, as well as the required capital.

    Oyster International

    00 44 (0)798 449 8882

    info@oyster-international.com

    www.oyster-international.com

    Contact Us

    Exchange rates 1 KHR = 0.00024 $ 1 KHR = 0.00015 £ 1 KHR = 0.00018 €
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