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Cambodia Property Market | Coastal Condos & Luxury Villas with Freehold Options

Cambodia is emerging as one of Southeast Asia’s most attractive real estate destinations — offering a mix of affordability, lifestyle, and long-term value. From coastal condominiums in Sihanoukville to luxury villas in Phnom Penh’s Norea Island, the market presents diverse opportunities for investors and expats. With accessible condo laws, growing infrastructure, and stable USD transactions, Cambodia’s property landscape combines tropical living with promising returns.

Exploring the Lifestyle, Law, and Luxury of an Emerging Real Estate Gem

Cambodia is one of Southeast Asia’s most quietly promising property frontiers — a country where tropical coastlines meet urban vitality, and affordability meets ambition. Long overshadowed by Thailand and Vietnam, the Kingdom is now catching investor attention for its maturing property scene, accessible condo laws, and relaxed coastal lifestyle.

Today, we’re exploring what’s really happening in the Cambodian property market — and showcasing two strikingly different properties available through International Property Alerts (IPA): from the sea-view sophistication of the LZ Sea View Premium condominium, to the multi-generational grandeur of the Norea Cove 7-bedroom luxury villa. Together, they capture the full spectrum of Cambodian living — from breezy condo comfort to private estate exclusivity. For anyone seeking international property in emerging Southeast Asian markets, Cambodia offers a unique mix of value, lifestyle, and long-term potential.

property for sale in cambodia near cambodia ancient ruins

The Evolving Face of Cambodian Real Estate

For years, Phnom Penh has been the hub of Cambodia’s growth story — a skyline rising with glass towers, mixed-use developments, and a confident middle class. But increasingly, the spotlight is shifting toward coastal Cambodia — places like Sihanoukville, Kep, Kampot, and the surrounding islands — where new developments are reimagining tropical living.

Investment Appeal

Rental yields in major hubs like Phnom Penh and Siem Reap typically range between 5–9%, depending on management and location.

Property tax is relatively low, at around 0.1% annually on assessed value over the base threshold.

Transactions are largely in US dollars, reducing currency risk for international buyers.

Coastal land values are steadily rising as infrastructure improves — with new expressways linking Phnom Penh to Sihanoukville and cross-border routes to Vietnam.

Ownership Framework

Foreigners can legally own strata-title condominiums in Cambodia — that’s individual units above the ground floor, with up to 70% foreign ownership allowed in each building. However, landed properties like villas cannot be owned freehold by foreigners. Buyers often use secure structures such as 50- to 99-year leases, Cambodian companies, or trusts to hold the asset. As always, working with credible legal counsel is crucial. For those new to the market, understanding these legal frameworks is one of the most important property buying tips when investing in Cambodia.

royal palace near property for sale in cambodia

Lifestyle Snapshot: Cambodia Beyond the Headlines

Living in Cambodia offers a rare mix of culture, cost-effectiveness, and coastal calm.

  • Warm, welcoming people: The “Khmer smile” isn’t just a saying — Cambodians are known for their kindness and hospitality.
  • Rich heritage: From the temples of Angkor to modern Buddhist pagodas, history runs deep here.
  • Easy rhythm of life: Expect slower mornings, local coffee on the terrace, and evenings spent at beachfront bars or night markets.
  • Seafood & sunsets: Along the coast, fresh crab in Kep or sunset cocktails in Kampot are part of daily life.
  • Modern touches: In Phnom Penh and Siem Reap, you’ll find international schools, high-end restaurants, wellness resorts, and boutique hotels.

It’s an enticing blend — a country where you can live affordably but luxuriously, whether in a sleek city apartment or a sprawling villa surrounded by palm trees and water views.

 

Property 1: LZ Sea View Premium

A Coastal Condo for the Modern Lifestyle

Location: Coastal Cambodia
Type: 2-Bedroom Condominium

If your dream is to wake up to ocean air and sip coffee with panoramic sea views — without the hassle of maintaining a full villa — the LZ Sea View Premium condominium captures that balance perfectly.

This modern two-bedroom home blends clean architectural lines with expansive glass façades, inviting in the light and the sea breeze. Designed for low-maintenance luxury, it offers access to shared pools, landscaped gardens, and 24-hour security — giving it a boutique resort feel without the resort crowd.

Lifestyle appeal:
  • Wake up to sunlight glinting off the water.
  • Stroll to nearby cafés, seafood restaurants, or the local pier.
  • Enjoy a peaceful evening on your private balcony as fishing boats light up the horizon.
  • Lock-and-leave convenience makes it ideal for part-time residents or rental investors.

For foreign buyers, this type of property is also the simplest legal entry into Cambodia’s real-estate market — full ownership via strata title, and easy resale potential in the future.

Property 2: Norea Cove Residences

A Palatial Villa for Grand Coastal Living

Location: Phnom Penh Riverside / Norea Island Zone
Type: 7-Bedroom Luxury Villa

At the other end of the spectrum is a property that redefines scale and sophistication.
The Norea Cove 7-Bedroom Villa is a statement home — designed for multi-generational living, entertaining, and long-term legacy.

Set within the emerging Norea Island master plan — a district being developed as Phnom Penh’s answer to Dubai’s Palm Jumeirah — this residence merges architectural drama with riverfront tranquility. High ceilings, landscaped courtyards, and luxurious finishes give the villa an international feel while keeping its Khmer roots intact.

Lifestyle appeal:
  • Expansive indoor-outdoor spaces perfect for family gatherings and private events.
  • Tranquil gardens and private pools ideal for wellness and relaxation.
  • A dedicated staff wing for live-in help, ensuring comfort and convenience.
  • Close proximity to Phnom Penh’s luxury malls, international schools, and embassies — yet set in a quiet, secure enclave.

While foreigners must use a compliant ownership structure for landed property, developments like Norea Cove are designed with international residents in mind — offering long-term leases and developer-assisted legal frameworks.

Condo vs. Villa: Two Paths to the Cambodian Dream

Whether you want an accessible beach home or an architectural estate, both options showcase the diversity and opportunity now available in Cambodia’s maturing property market. For those buying property abroad, Cambodia presents a compelling mix of lifestyle appeal and investment potential in one of Southeast Asia’s fastest-growing economies.

The Outlook: Cambodia’s Quiet Rise

With improving infrastructure, US-dollar stability, and emerging luxury zones like Norea Island and Sihanoukville’s new resorts, Cambodia is stepping into a new phase of growth. For investors and lifestyle buyers alike, it offers something rare: an authentic culture, untapped potential, and an increasingly global standard of living.

As Southeast Asia’s other markets mature and prices soar, Cambodia remains one of the few frontiers where you can still blend luxury, lifestyle, and long-term value.

🏝️ Ready to Explore Properties in Cambodia?

View full listings and request details directly at:
🌐 internationalpropertyalerts.com

International Property Alerts — connecting global buyers with emerging property opportunities worldwide. To learn more or request personalized recommendations, contact us today and start your journey with confidence.

About International Property Alerts


International Property Alerts is a premier global platform connecting real estate investors with handpicked opportunities in emerging and lifestyle-driven markets. Through curated listings, expert guidance, and market insights, we help buyers make confident property decisions worldwide.

Media Contact:

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Phone: +4477 1923 8132
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Email:
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