Apartments for Sale in Phnom Penh – Prices, ROI, and Best Locations 2025

Apartments for Sale in Phnom Penh 2025 – Prices, ROI, and Ownership Rights for Foreigners

Phnom Penh, Cambodia's capital, has emerged as one of Southeast Asia's most dynamic real estate markets. A stable dollar-based economy, investor-friendly regulations, and low living costs make apartments for sale in Phnom Penh highly attractive to international investors—including those from Europe. According to CBRE Cambodia Market Outlook 2025, the city is entering a phase of sustainable growth: rising property prices, higher rental yields, and improved quality residential projects.

1. Phnom Penh – A Rising Investment Capital

In 2025, Phnom Penh's population exceeds 2.3 million, with over 180,000 expatriates. This generates consistent demand for mid-range and premium apartments, both for purchase and rental.

• ✅ USD-based economy
• ✅ GDP growth: +5.8% (World Bank 2025)
• ✅ Rental ROI: 8–11%
• ✅ Liberal ownership laws (Strata Title)
• ✅ Low taxes and straightforward purchase process

📄 Source: Knight Frank Cambodia Market Update 2025

2. Apartment Prices in Phnom Penh (2025)

Exchange rate reference: 1 USD = 4.3 PLN

Category	Price per m² (USD)	Price per m² (PLN)	Average Price	ROI
Economy (studio)	1,200–1,800	5,100–7,700	60,000–90,000 USD (258,000–387,000 PLN)	9–10% ✅
Mid-range	2,000–2,800	8,600–12,000	100,000–140,000 USD (430,000–602,000 PLN)	8–10%
Premium (city center)	3,000–4,200	12,900–18,100	160,000–250,000 USD (688,000–1,075M PLN)	7–9%
Condo-hotel (guaranteed ROI)	3,500–5,000	15,000–21,500	180,000–280,000 USD (774,000–1,204M PLN)	9–11% ✅

3. Best Neighborhoods in Phnom Penh for Property Investment

BKK1 – The Luxury Heart of the City
Prices: 2,800–4,200 USD/m² (12,000–18,000 PLN).
ROI: 8–9%.
Home to embassies, fine dining, and premium apartments.
Projects: Le Condé BKK1, Embassy Central, Skylar Meridian.

Tonle Bassac – Modern Business District
Prices: 2,200–3,200 USD/m² (9,500–13,800 PLN).
ROI: 9–10%. Mekong River views, close to office towers.
Projects: The Peak, The Bridge, Urban Village Phase II.

Chroy Changvar – Tranquil Riverside District
Prices: 1,600–2,400 USD/m² (6,900–10,300 PLN).
ROI: 10–11% ✅ – Highest in Phnom Penh.
Popular with families and expats.
Projects: Morgan EnMaison, The Peninsula Private Residences.

4. Ownership Rights for Foreigners

• Property must be above ground floor level.
• Up to 70% of a building can be foreign-owned.
• Registration with the Ministry of Land Management (MLMUPC).

📄 Source: Law on Providing Foreigners with Ownership Rights (2010)

5. ROI and Rental Income

Property Type	Monthly Rent (USD)	Monthly Rent (PLN)	ROI
Studio	400–600	1,700–2,600	9–10% ✅
1 bedroom	700–900	3,000–3,900	8–10%
2 bedrooms	1,000–1,400	4,300–6,000	8–9%
Premium condo	1,500–2,500	6,400–10,700	7–8%

💡 Properties near offices, international schools, and embassies achieve the highest occupancy rates (up to 90%).

6. Market Trends 2025

• Over 50 new condominium projects launched (2024–2025).
• Growing demand for long-term rentals.
• Return of investors from China, Korea, and Europe.
• Increasing interest from European investors.
• Annual price appreciation of 6–8%.

7. Taxes and Purchase Costs

Type	Rate	Value (PLN)
Transfer Tax	4%	~17,200 / 100,000 USD
Ownership registration	1–2%	4,300–8,600
Annual property tax	0.1%	430 / 100,000 USD
Rental income tax	10%	on income
Notary fee	300–500 USD	1,300–2,150

8. Market Forecast 2025–2030

• Property price growth of 6–9% annually.
• Increased participation from European investors.
• Development of long-term rental market.
• Digital ownership registration (e-Land Title).

Summary

Investing in Phnom Penh real estate offers a stable, dollar-based market with attractive returns (ROI 8–11%) and full legal protection. Cambodia remains highly appealing to international investors thanks to low entry costs, property value appreciation, and predictable rental income.

FAQ

Can foreigners buy apartments in Phnom Penh?
Yes – in buildings with Strata Title registration.

What ROI can be expected?
Typically 8–11% annually, depending on location and property standard.

Is buying property safe?
Yes – foreign ownership rights have been legally protected since 2010.

Does Varsovia Estate assist with purchases?
Yes – we provide investment consulting, legal due diligence, and complete transaction support in English and Polish.

About Varsovia Estate

Varsovia Estate is a European real estate agency specializing in premium properties in Thailand and Cambodia. We assist investors with property analysis, acquisition, and management throughout Southeast Asia. We combine European service standards with local expertise, ensuring maximum security and investment returns.