This fabulous property has an excellent location being in the French Quarter and is just 50m from the famous riverside promenade. In addition, the apartment comes fully furnished to an excellent standard and does come with the option of a sitting tenant. The current rental rate is $800 usd, so this property can be purchased with an optional 6.86% yield.
Property Notes:
w 114m2, first floor apartment with two good sized bedrooms
w International standard kitchen and bathrooms
w open plan living area, two balconies
w very high quality furnishings and a designer finish
w newly renovated, including the entrance and stairwell
Our colleague has been active in Phnom Penh since 2006, working in the sourcing, acquisition, renovation, sale and letting of apartments. The location of choice is the French Quarter which is the chic riverside area of Phnom Penh and is home to some of the city’s most impressive restaurants, bars and boutiques.
Rental demand for well renovated, well located apartments in the French Quarter and riverside area of the city is very high, with very few “appropriate” properties hitting the market to meet the demand from the 20,000+ expats now living and working in the city which means savvy investors can enjoy few void periods and comparatively high yields.
We would be delighted to assist with any questions or queries that you may have about this property and investing in Cambodia in general – if you would like a call back for a preliminary discussion, please kindly let me know the best number to reach you on and a convenient time to call or alternatively please feel free to email any queries across and we will reply soonest.
Italian Horizons
