5 Most expensive place to buy property in Cambodia
Cambodia isn’t an expensive country. Even in its priciest cities, you won’t find the property values to be all that high. This makes it a perfect country in which to purchase a summer getaway home, given its natural beauty and thrilling culture. But just where is best for you to buy property in Cambodia?
- Siem Reap
Found in the country’s more North-Western regions is Siem Reap, which makes it as the fifth most expensive country on the list. It’s got a relatively high population, thanks in large part to the historical value of the place in terms of both ruins and landmarks. In the city centre, you’ll find the prices averaging at about 4,363,180 Cambodian Riel ($1,076) per square metre. Outside the city centre, they average more around 2,960,150 Cambodian Riel ($730) per square metre.
- Kampong Cham
Prices in this city may vary greatly, depending on where you go and who you ask. This city is the country’s third largest, and sixth most populous. It’s found along the Mekong River, and boasts a rather decent price range when outside of the city centre, where it typically tends to average around 3,114,240 Cambodian Riel ($768) per square metre.
The city of Battambang is found along the Sangkae River, and is known largely for both its colonial buildings and its Khmer temples. There’s lots to see and do here, making it one of the more ideal leisure locations. In the city centre, property pricing rounds out at about 6,488,000 Cambodian Riel ($1,600) per square metre. Outside of the centre, prices average at 3,617,060 Cambodian Riel ($892) per square metre.
- Phnom Penh
Surprisingly enough, the Cambodian capital city of Phnom Penh only ranks second on the list of top 5 most expensive cities to buy property. Don’t let this fool you of course, facilities and general prices are still bound to be higher, but as far as property value is concerned, the city centre boasts an average price range of around 9,440,040 Cambodian Riel ($2,328) per square metre. Out of all options on this list, that makes for the most expensive city centre pricing for cash buyers! What sets it back to second place is its average pricing outside of the city centre, which rests at 5,531,020 Cambodian Riel ($1,364) per square metre.
Also sometimes referred to as Kampong Som, this coastal city ranks as the most expensive on the list. Now of course, that doesn’t mean much in a country that was never so expensive from the beginning, but some of these prices are still fairly steep as far as the properties in particular may go. In the city centre for instance, you’ll find that the average property price rounds down to about 9,326,500 Cambodian Riel ($2,300) per square metre. Go outside of the city centre, and the prices dip down to a more expensive but nonetheless agreeable average of 6,082,500 Cambodian Riel ($1,500) per square metre. Expensive, if something of a bargain!