Buying from afar — the developer is offering a big discount and deducting the prepaid GRR from the selling price. Is this the best deal?

Thinking of Buying an Off-Plan Condo in Phnom Penh with Big Discounts and Guaranteed Returns? Read This First. Buying a condo from an overseas agent who isn’t based in Phnom Penh—especially when the offer includes an attractive discount of up to 30% and a prepaid guaranteed return—may sound like the best deal. But before placing a deposit or signing a Sale and Purchase Agreement (SPA), make sure...

The Definition of Property Types

1- Condominium (Condo) A co-ownership condominium operates under a single building management, where individual units are sold to co-owners by the original developer. Each co-owner has the flexibility to either move in or rent out their unit as an investment. The condominium holds a strata title, ensuring each owner has legal ownership of their respective unit while sharing responsibility for common...

How to Decide on Buying a Condo Unit for Investment?

Here are key tips for condo investors to consider before placing a holding deposit on a unit: 1. Location Matters If you're buying a condo for investment, consider where expats and locals prefer to live since they will be your potential tenants or buyers. In developing countries, location is crucial—being in a central area is often more beneficial than buying in an outlying location and waiting for...

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