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claire brown realty


Financials  – French Colonial Apartments, Phnom Penh, Cambodia

Price Guide

Apartments are available from
$50,000 USD 

Tenure

The tenure of these properties can be either 99 year renewable leasehold or freehold. Based on our findings from current research with our legal and ministerial contacts in Cambodia, the tenure we prefer for our foreign buyers is 99 years leasehold with an irrevocable option to convert to freehold at any given time.

Rental

Yields if current trends continue should be circa 12% upwards, increasing year on year.

Payment Schedule

10%                         held in trust until due diligence is completed
90%                         balance on delivery and approval of the property

Due Diligence and Closing Costs

These are capped at circa $2,900 usd and are broken down as follows;
full due diligence at $1900 usd
lease registration is $1000 usd
Given the massive profits that these properties offer to investors, the legal fees are comparatively very small. We always would insist that our clients do not bypass the due diligence phase as it is extremely necessary to ensure the title is unencumbered.

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 5 working days. If you decide to proceed, you will then be required to pay 10% of the property price - this amount stays in the lawyers trust account until full due diligence has been completed.

If you are looking for a property investment in Cambodia, please kindly be in touch :
Claire on +852 6807 9560 / +44 7766 492 961 or email

 





Whilst every care is taken to ensure that all general information and descriptions of projects and properties on this website are correct, we do urge all investors to make their own checks and always to seek independent legal advice when purchasing property overseas. Information can be subject to change and whilst we do endeavor to keep this site up to date we cannot guarantee accuracy at all times.