Foreigners can 100% own a Freehold Strata-titled property In Cambodia
Foreigners can only own properties on the first floor or higher (not the ground floor), up to 70% of any one building, however this only applies to buildings with a strata title. A strata title is a type of hard title that allows an owner to divide a building into multiple individually saleable properties, this is also known as the “condominium law”, it is generally only granted to new condo buildings that are being built for this specific purpose.
For the purchase of the condominium the lawer legal fees will be between $200 and $400 USD but very often $250 USD, there will also be the title being transfered into your name which will cost 4% of the property value as a tax.
To reserve a property with us there is a $2,000 deposit, we will make sure the apartment is held for you and it will then be used as part of the deposit, this can be refundable.
We can also accept a 10% deposit on the condominium you wish to purchase, further payments will need to be paid in due course.
Home Insurance can cost just $100 or less for 12 months on property below $100,000.