Smart Investments in Cambodian Condos: A 2025 Guide

Cambodia's skyline is rising—and so is investor interest in its condominium sector. As of 2025, cities like Phnom Penh, Sihanoukville, and Siem Reap are seeing a transformation: from sleepy low-rises to vibrant towers offering modern housing, international appeal, and lucrative rental opportunities.
This article explores why Cambodian condos have become one of the smartest and most foreigner-friendly real estate investments in Southeast Asia, how to legally own them, what cities to prioritize, and how investors can build yield-positive portfolios with expert guidance.
Why Are Condos in Cambodia Attracting Smart Investors?
The Cambodian condo market offers an optimal blend of affordability, foreign accessibility, and urban convenience. Here’s what sets it apart:
- Legal Ownership for Foreigners: Cambodia’s 2010 Law on Foreign Ownership allows foreign nationals to legally own strata-titled units—up to 70% of a condominium building’s total floor area, excluding ground floors and state land.
- Low Entry Points: Condos in central Phnom Penh start from just $30,000–$50,000 USD, with luxury options ranging from $90,000–$200,000—still far below Bangkok or Ho Chi Minh City.
- Turnkey Rental Yields: Fully managed properties often yield 6–8% net returns, supported by rental demand from expats, NGO staff, and young professionals.
- Tax Simplicity: Cambodia has no capital gains tax for individuals and property taxes are 0.1% annually for real estate valued over ~$25,000.
Top 3 Cities for Cambodian Condo Investment
1. Phnom Penh: The Urban Powerhouse
With a population of over 2 million and rising foreign business presence, Phnom Penh leads Cambodia’s real estate boom. The most attractive districts include:
- Boeung Keng Kang (BKK1): Popular with NGOs, embassies, and expats. Ideal for premium rentals and capital appreciation.
- Tonle Bassac: Fast-developing riverside luxury area home to foreign-funded mega projects.
- Olympic & Toul Tom Poung: Mid-market options with strong local and foreign tenant demand.
2. Sihanoukville: Coastal High-Risk, High-Return
Home to Cambodia’s deep-sea port and SEZs, Sihanoukville offers ocean-view condos and large-scale Chinese-backed development. Post-COVID tourism rebound and casino regulation are moderating the speculative overbuild, and select towers near Otres Beach offer long-term potential.
3. Siem Reap: Tourism & Boutique Living
The cultural gateway to Angkor Wat is emerging as a niche condo destination. While rental yields are seasonal, boutique developments near the river and Pub Street appeal to eco-conscious travelers and digital nomads.
Legal Requirements & Ownership Conditions for Foreigners
Foreign investors can only buy condominiums that:
- Are officially registered as strata-titled buildings
- Exclude the ground floor
- Are not built on state-owned land
To ensure secure ownership and avoid scams, always verify:
- Legal documents: strata title registration and unit title number
- The developer’s license and reputation
- Clear policies on resale, transfer fees, and rental programs
➡ For a complete legal overview, read: Understanding Cambodian Real Estate Laws
Condo vs. Landed Property for Foreign Investors
Feature | Condominium | Landed Property |
---|---|---|
Legal Foreign Ownership | ✅ Yes (strata title) | ❌ Not allowed (unless via nominee or leasehold) |
Minimum Investment | Low ($30K–$150K) | Moderate to High ($100K+) |
Rental Management | Included | Self-managed |
Liquidity | High (resellable in cities) | Lower, esp. for non-titled land |
Smart Tips for Maximizing Returns
- Buy from Reputable Developers: Avoid pre-sales without completion guarantees. Choose proven names with track records.
- Focus on Location: Walkable access to malls, embassies, hospitals, and schools improves occupancy and capital gains.
- Ask About Management: Some condos offer guaranteed rental returns for 1–3 years. Know the maintenance policies.
- Use Local Legal Experts: Engage a real estate lawyer to review contracts, payment structures, and transfer conditions.
- Diversify: Pair condos with other vehicles like leaseholds, land banks, or agro-forestry to balance your portfolio.
Future Outlook: What to Expect in Cambodia’s Condo Market
By 2025, Cambodia’s real estate is stabilizing with stricter developer licensing, sustainable building codes, and growing professional real estate service providers. Condo buyers can expect:
- Higher regulatory transparency
- Increased resale demand from Cambodian middle-class buyers
- Improved financing options for locals (still rare for foreigners)
- Steady rental demand from regional professionals and NGO employees
ESG-certified developments, solar-powered towers, and mixed-use smart communities are emerging as the new standard.
How I Can Help: Work with Uon Vichetr
Real estate in Cambodia requires local insight, legal diligence, and professional structuring. I’m Uon Vichetr, and I help investors like you:
- Identify high-yield condo opportunities
- Verify titles and compliance with strata ownership laws
- Negotiate purchase and rental contracts
- Manage cross-border logistics and resale timelines
📧 Contact Me:
Email: info@vichetruon.com
Alternate: adaenglandco@gmail.com
Website: vichetruon.com
Let’s turn opportunity into equity—secure your foothold in Cambodia’s urban future today.