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News: Cambodia: Property Investment on the boil

Tue, 20 Nov 07

Foreign investment in Cambodia between 2004 and 2005 increased by an astounding 450%...

When this is combined with Cambodia’s already strong tourism industry and its expected increase of 20% per year for the coming 5 years, tenancy is surely rewarding as well as being as good as guaranteed.

With Cambodia’s future and all investments made in it looking so promising, the financial benefits are clear but, what do you get for your money?

There’s more to Cambodia than its cascading waterfalls, exotic tropical life and ancient relics from an austere but nonetheless auspicious cultural heritage. Modern day Cambodia enjoys a lifestyle not too dissimilar to any enjoyed in the developed western world and cinema, nightclubs, wining and dining are commonplace.

A handful of annual festivals and celebrations are also held, with anything from ploughing, paying respects to loved ones passed and performing arts being the featured theme, reflecting Cambodia’s contrasting and simplistic sense of tradition.

Understandably a popular tourist destination being the location of the auspicious Royal Palace, Phnom Penh is Cambodia’s capital city and host to a number of accommodating local amenities that include restaurants, shops and various other attractions.

Find out more about Cambodia investment property at: http://www.davidstanleyredfern.com/Cambodia.aspx

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