What is the approximate cost of buying and selling real estate in Cambodia?

Transaction Tax: Buyers are required to pay a 4% deed tax, based on the assessed present value of **, which varies by region.

Real Property Tax: 80% of the appraised value of the house minus $25,000 ($25,000 is exempt), multiplied by the amount to be paid each year; The current maximum is not more than $2,000. And it is freehold and has no inheritance tax.

Attorney fees: $600-$800.

Property management fee: Charged according to the actual situation of the property management company, it is generally US$ per square meter per month.

Expatriates buying a new freehold apartment building in Phnom Penh need to consider the following taxes:

1.Stamp duty: 4% of the value of the house, paid in a lump sum at the time of handover.

2.Property tax: 0.1% of the value of the house, paid annually.

3.Income tax on rental income: 10% of annual rental income.

Similar to GST in Singapore): 10% VAT tax, when reselling the house, if the buyer is a VAT registered company, you need to pay VAT.

$300 attorney's fees (to be paid if necessary).

In recent years, Cambodia's real estate market has continued to develop steadily, with an average increase of 15%, and it has been rated as a "fairly worthwhile investment" country. At present, the most advanced area in Phnom Penh, the house price is only 10,000-20,000 per square meter, compared with three years ago, the value-added rate is about 35%, but compared with the domestic first-tier city housing prices, it is still far from a low point. The current state of the real estate market in Phnom Penh seems to have some shadows of the early days of Shenzhen, where urban planning has just begun and many infrastructure projects are being implemented.

I believe that in the near future, Cambodia's infrastructure will definitely become more and more perfect, and the value-added space of housing prices in Phnom Penh will obviously become larger and larger, immeasurable!

Phnom Penh, the capital of Cambodia, is their political, economic and cultural center, with more than 2.1 million locals and hundreds of thousands of foreign permanent residents. Phnom Penh has gathered a large number of foreign companies and foreign embassies, and most of the local wealthy people also live in Phnom Penh.

As of January 2020, Cambodian housing prices are around 10,000 yuan per square meter.

Phnom Penh, the capital of Cambodia, currently has an average price of 2,050 US dollars per square meter, which is the lowest among Southeast Asian capitals, but it is still growing with an average growth rate of 15%, and it is the highest growth rate in 2015, which is the highest growth rate in the Asia-Pacific region. At the same time, the occupancy rate of apartments in Phnom Penh is 90%, and the rental return rate in the core area is high.

Cambodia's house prices have increased by an average of 15% in recent years, and rents have been around 18%, and it has been rated as a "fairly worthwhile" country by the Global Property Guide. And the houses in Cambodia are freehold and finely decorated. The swimming pool, gym and other facilities are fully equipped and free to use.

Since 2015, Phnom Penh, the capital of Cambodia, has seen an increase in real estate, which is the city with the highest growth rate in real estate among cities in the Asia-Pacific region, and has become a "sweet spot" in the eyes of capital from all over the world. It can be seen that Cambodia now is equivalent to China 20 years ago, and it is the best fertile ground for investment.

With the increasing popularity of property speculation, even the surrounding areas of China, such as Cambodia, have been affected by radiation. This Southeast Asian country, which has developed by relying on tourism, has also begun to worry about housing prices in recent years. According to local residents, they can't afford to buy a one-square-meter house for a year.

At present, the price of the capital is 12,000 yuan, one square meter. 20 per year. Five-year payback of costs.

The average house price in Phnom Penh, Cambodia is now about 15,000 to 20,000 yuan, and the average house price in Phnom Penh, Cambodia will continue**, and even maintain an average annual growth rate of 15% to 20%, and the rental return rate of Cambodian Phnom Penh house prices is conservatively estimated to reach 6%-10%.

Although the housing prices in Phnom Penh have a certain foundation, it does not affect investors to choose. Because it is still a depression compared with the essence of the capitals of Southeast Asia.

It is conservatively expected that in the next 10 to 20 years, Phnom Penh's population will continue to grow rapidly, and the potential demand for housing is very considerable.

At present, in Phnom Penh, the capital of Cambodia, the housing price is high, it is only two or three thousand US dollars per square meter, compared with three years ago, the value-added rate is about 35%, compared with the housing prices in China's first-tier cities, it is still far from a low point. Taking Cambodian Phnom Penh real estate as an example, its rental return rate is about 8%, and the house price is about 20% per year, and with the continuous improvement of infrastructure facilities in Phnom Penh, Cambodia's housing price appreciation space will also increase.

In 2010, Cambodia passed the "BAI Act on Foreigners' Holding of Property Rights", allowing foreigners to buy and sell real estate, as long as they are at least 18 years old, they can buy and sell collective houses and apartment complexes with more than 2 floors with their passports. and have permanent residency. And there is no inheritance tax.

Cambodian real estate is traded in US dollars, which is an advantage that many countries do not have compared to it.

Cambodia's capital, Phnom Penh, has skyrocketed in housing and land prices. According to the 2013 Global Property Guide, the average increase in house prices in Phnom Penh, Cambodia reached 15%, while the rental yield was conservatively estimated at 8%-10%.

Cambodia's foreign exchange policy is 100% open, no one cares about how much money you bring in, and no one cares about you if you want to take it out, so it's an open country.

Invest in Cambodia Phnom Penh real estate BAI production DU advantages.

1. The original buildings of the capital Phnom Penh City were mostly zhi

By July 2014, there were as many as 47,000 long-term foreigners in Phnom Penh, while there were only 3,500 ABC-level rental apartments, making the rent rise and the rental yield could reach more than 10%.

Second, the capital Phnom Penh has a trend of rent, from 200 to 400 US dollars per month to 1,000 to 2,000 US dollars per month, and many foreign workers in oil, gas, finance and other growth industries have rental needs.

Third, the rapid growth of the housing industry has also made Phnom Penh's land **sustained**, Phnom Penh's population is rapidly concentrated, with a current population of 2 million people (17 million people in the country), and will reach 3 million people by 2020.

Fourth, the tourism industry continues to heat up, and the short-term rental market is profitable.

Fifth, the Cambodian people are getting richer and will begin to seek the comfort of the West.

6. International institutions have entered many international real estate companies, chain restaurants, and banks have entered Cambodia, from large enterprises such as Chevron, to small companies, such as Dairy Queen, Ya Kun, and Bread Talk, are expanding.

7. One of the youngest countries in the world with the youngest population structure, with rapid population growth, thriving tourism, abundant natural resources and low labor costs.

Cambodian real estate** is still in the depression stage. At the same time, a young demographic structure, a liberal economic system, and a large tolerance.

The influx of tourism has made Cambodia one of the better countries for overseas real estate investment.

There are several advantages of investing in Cambodian real estate:

1. Cambodia is politically stable, fully promoting economic development and Cambodia is pro-China.

2. Cambodia's economic growth rate is high: GDP has grown by 7% per year since 2016.

3. Free circulation of Cambodian currency: US dollar trading, no foreign exchange control, no two-stage exchange rate difference.

4. Cambodia's young population dividend: there are many cheap, young and energetic laborers, and the average age of the population is old.

5. "The Belt and Road", the start of the Trans-Asian Railway: China's "Belt and Road" development strategic plan is expected to drive Cambodia's economic growth, and its connectivity will be completed, which will enable Puzhai's goods to go to the regional and global markets under the framework of the China-ASEAN Free Trade Area, and Cambodia's economy and housing prices are expected to rise at that time.

Through the above points, I believe you can also make the right judgment.

As far as I am concerned, first, foreigners can legally buy a house above the second floor in Cambodia, and it is a freehold property, if I don't sell it, the house will be mine for generations, and it is not impossible for the children to go over and develop at that time; Second, there is a fixed income of 6% every year, so I will treat it as a financial product, and I think this income is acceptable, so I bought it; Third, it is a US dollar asset, which can hedge the depreciation of the RMB. Fourth, as the capital of a country, with decoration is only about 13,000 **, look at the capitals of surrounding Southeast Asian countries, Bangkok, Ho Chi Minh City, etc., have gone to more than 40,000, and some core areas have gone to 60,000, I think Phnom Penh is still worth a depression, and there is ** space, so I bought it; Fifth, also because of poverty, in May and June, I ran six trips to Huiyang and Daya Bay, and finally did not buy, I really feel that the threshold is higher for me, because more than two sets, the down payment goes to fifty percent or even more, and the interest rate rises by 40%-55%, and the down payment here is the total price of a house in Phnom Penh, plus I think the investment cost is too high, if you borrow 1 million, the interest is already higher than the principal, plus the upper limit of sales, it will take five or six years to change hands, which is not suitable for my own personal situation. So to sum these, I went to Phnom Penh with my friends to see, and it took five days to make a move, I am Xiaobai, but my friend is not a Xiaobai, there are several houses in Shenzhen, Hangzhou, Vancouver, and New Zealand. These are based on my personal situation of buying a house in Phnom Penh, and you can take a look at the official account of "Cambodia to buy a house", I hope it will help you.

Cambodia was named "Copy."

quite a country worth investing in." Taking the capital Phnom Penh as an example, the real estate market has continued to grow steadily in recent years, with an average increase of 15% in house prices, and the average rental return in the core area of Cambodia is as high as 15%.

Cambodia has the common English language and the US dollar in circulation, and the vast majority of assets here are denominated and traded in US dollars, and bank deposits and loans can be used in US dollars. Since last year, the US dollar has continued to strengthen, and Cambodia, as the only country in Asia to use the US dollar as a buying and selling currency, has become the only choice for investors.

The latest house prices in Cambodia are now about 20,000, and real estate investment, in addition to house prices, rent return is also an issue that must be paid attention to.

1. Housing prices are much lower than those in Cambodia, China, but the rate of return on rent has reversed. The average rental return in China is only, while the average rental return in Cambodia is 2 times that of China!

2. At present, the development of the property market in Phnom Penh, Cambodia is more like the early Shenzhen, urban planning has just started, and many infrastructure projects are also being implemented.

The off-plan properties for sale in Phnom Penh are generally between $2,000 and $4,000, and none of the new apartments are less than $2,000.

Housing prices are different in different areas of Cambodia, except for Phnom Penh and Westport, where Cambodia's economic development is relatively rapid, housing prices in other areas are low. The house price of the long-distance sea view house in the Xigang area is in square meters, and the sea view house on the first line of the sea is sold to square meters; The housing price in Phnom Penh is low at about 3krmb square meters, and the housing price in a good area can generally reach between 1w6-2w4rmb.