I am looking to buy a condo in Cambodia.
That's the reason i will travel to Cambodia and get locally connected.
There is a condo building boom going on in Cambodia, which rivals European sqmtr prices (1.500,- <-> 3.500,- USD CBRE research, 2016)
If you look at average wages of around 120,- per month USD (labor ministry, 2016).
For the "avarage" cambodians these prices seem un -affordable.
Plus monthly rents on average vary from 150,- to 450,- USD depending on location and size (numbeo, 2017)
If there's going to be financial turmoil in Europe and the Americas which result in a credit freeze.
Probably a good time to position yourself with some cash on the side.
What do you think?
Very good idea my friend! Will be looking into property there as well
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