Buying an apartment in Phnom Penh

Member since 05 August 2020

DaveAbMember17 October 2020 07:50:16

Hello. Has any non Khemer person tried to buy property in Phnom Penh ?聽 I understand, as a foreigner I can not buy on the ground floor. Are there any other limitations ? Also has anyone got any idea of the associated costs ? 4% property transfer tax ? Estate agent fees ? Legal fees ? Annual property charges ? Capital gains tax when selling (I presume this is 20% of the increase in value, rather than 20% of the selling value?). Any other costs not listed above ? I would not be looking for a condo, but a a khemer shop house type flat possibly in the riverside area. Any information would be useful. Thanks in advance. Dave

JoeKhmer Cambodia Expert

Member since 13 November 2015

JoeKhmerCambodia Expert17 October 2020 09:43:28

2177

Hello.

You ask a lot of specific questions.

I cannot answer them all but I found a link to a group of real estate law firms, where you can put your questions in order to find answers.

Here the link:

Good luck.

Joe
Cambodia expert
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