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Learn more about the Sihanoukville property market through trends and average prices.
Located on the Gulf of Thailand, Sihanoukville is one of Cambodia’s most popular beach resorts, attracting nearly two million visitors last year according to the Cambodian Ministry of Tourism.
It still remains a gateway to explore the regions powdery white beaches and numerous islands. This southern beachside town is gradually becoming an essential Cambodian tourism hub embarking on a new wave of modern development. This includes stylish boutique hotels, casinos and apartment blocks making it appealing for real estate and foreign investors.
There are a host of rental houses, apartments, modern development blocks, contemporary houses, villas, and condos in Sihanoukville to choose from suiting a range of budgets. The most expensive properties can be found closer to the city center near Ekerach Street whilst properties between Ochheuteal Beach and Tor Pir offer significant investment potential. Further commercialization in the area has led to a sharp rise in foreign interest with increased rental rates. Shophouses fall into the mid-price category and can generally be found around Sangkat Boun.
Although kitchens and facilities are basic, these properties usually extend across three or four floors and can be rented individually or as a complete house. One and two bedroom apartments are better equipped but are slightly pricier and situated in and around the Mittakpheap District. The most recent upturn can be seen close to the pristine beachfront area of Sihanoukville notably in Sangkat Buon and Sangkat Bei.
Comprising of four separate districts, known as Sangkat 1,2,3 and 4, there are a lot of investment opportunities in Sihanoukville. Featuring a burgeoning economic, tourist, residential and business hub, the city is thriving with new and exciting beachfront building projects.
Some of the best areas include Sangkat 4 around the popular Otres Beach, Ochheuteal Beach, Sokha Beach, and Phsar Leur. Several new sky rise house developments are already underway in Sihanoukville such as the Chinese led $200 million Blue Bay project. This elegant condominium development benefits from exclusive beach accommodation in Sangkat Bei and is less than a 10-minute drive to the city center.
Ranging from one to three bedroom apartments, no attention has been spared across each private modern residence. Ideal for either short or long term stays, amenities include a swimming pool with breathtaking sea views, a shopping mall and an impressive choice of bars and restaurants.
This once former seaport is dominated by glorious beaches and excellent growth when it comes to the real estate sector. Filled with glitzy casinos, shopping malls, and sophisticated hotels, Sihanoukville is home to an uninterrupted collection of golden coastlines. For sun lovers, Ochheuteal Beach has numerous bars and seafront restaurants whilst quieter beaches include Independence Beach and Victory Beach boasting fabulous sunset views. Another quieter spot is Otres Beach just south of Ochheuteal Beach offering beach bars and plenty of dining choices nearby.
Located 30 kilometers from Sihanoukville, uncover diving and snorkeling in Koh Rong and Koh Tang. The best times are mainly between December and April where you can enjoy majestic flora and fauna from whale sharks to barracudas. Enjoy crystal clear water and unspoiled beaches for a memorable excursion.
For adventure-enthusiasts, Ream National Park lies just 17 kilometers from the center of Sihanoukville. Easily accessible as a day tour, it is Cambodia’s first official post-peace green space. Stretching across 200 square kilometers of lush terrain, it features salt-water caves, wetlands, coral reefs, magnificent rivers and the islands of Koh Thmei and Koh Seh. Explore the trails and pathways around or get up close and personal with exclusive dolphin tours usually taking place between November and April.
Take a boat trip or simply marvel at the impressive 150 species of birds that call this national park their home. Culture vultures can visit Sihanoukville’s biggest market Pshar Leu with all manner of items on sale, whilst the hilltop Buddhist inspired Wat Leu has majestic scenic views. It is no wonder that Sihanoukville is fast becoming Cambodia's premier seaside destination.
Sihanoukville is a beautiful coastal city in Cambodia that has become increasingly popular with tourists in recent years. If you're thinking of buying a property in Sihanoukville, there are a few things you should keep in mind. Firstly, the rainy season runs from May to October, so you'll need to be prepared for some wet weather. Secondly, the city is still relatively undeveloped, so there may be some infrastructure issues. And finally, it's important to be aware of the increased risk of crime in Sihanoukville. With that said, the city is a fantastic place to live, and owning a property here can be a great investment. Just be sure to do your research before making any decisions.
In recent years, Sihanoukville has seen a boom in construction, with new hotels, resorts, and condominiums being built to accommodate the influx of tourists. Property prices have also been rising, making Sihanoukville an attractive place to invest in real estate. Foreigners are able to purchase property in Sihanoukville, there are a few restrictions that must be considered. First and foremost, foreigners are not allowed to purchase land in Cambodia. However, they can lease land for a period of up to 50 years. Additionally, foreigners can only purchase one property per person, and the property must be for personal use only - it cannot be used for commercial purposes. Despite these restrictions, Sihanoukville remains an attractive option for foreign investors interested in purchasing property in Cambodia.
Sihanoukville is a seaside town located in southwestern Cambodia. It's a popular destination for tourists, and as such, there are many property options available for those looking to purchase a home in the area. Homes in Sihanoukville can range in price from $50,000 to $500,000, depending on the size and location of the property. For example, a one-bedroom condo near the beach may start at $200,000, while a three-bedroom house further inland may be listed for $350,000. Buyers should budget for additional costs such as furniture, appliances, and renovations. Property prices in Sihanoukville are relatively affordable compared to other seaside towns in Southeast Asia, making it an attractive option for those looking to purchase a second home or investment property.
Property in Sihanoukville is becoming increasingly popular, as the city continues to grow and develop. While there are many great neighbourhoods to choose from, some are better suited to buyers than others. Here are three of the best neighbourhoods to buy property in Sihanoukville:
1. Serendipity Beach: Serendipity Beach is one of the most popular tourist areas in Sihanoukville, and is also home to a number of luxury hotels and resorts. As a result, it is a great neighbourhood for buyers who are looking for both a good investment and a place to enjoy their holidays.
2. Otres Beach: Otres Beach is a more laid-back and relaxed area than Serendipity Beach, but still offers plenty of amenities and attractions. It is a great neighbourhood for buyers who are looking for a quiet place to relax, but still want to be close to the action.
3. Victory Hill: Victory Hill is one of the older neighbourhoods in Sihanoukville, but has undergone extensive renovation in recent years. It is now home to a number of bars, restaurants, and shops, making it a great neighbourhood for buyers who want to be close to the city's nightlife scene.