With deep blue waters and an endless number of white sandy beaches fringed by palm trees, it no surprise that property buyers look east when searching for a paradise location. Countries such as Thailand, Indonesia, the Philippines, and more recently, Vietnam and Cambodia, offer to increasingly discerning investors a range of lavish properties for sale; from secluded island hideaways to palatial residences.

Most buyers tend to initially look into key resort destinations such as Phuket and Bali, but they soon realise that the lesser known and developed areas in neighbouring countries may offer a better match to their criteria. Consequently, Cambodia is quickly becoming the country of choice for people in the know.

As one of the most fascinating destinations in Asia, Cambodia takes one’s breath away with its culture, customs and beauty. Known as the Kingdom of Wonders, Cambodia delights and conjures images of an ancient and glorious past with its rich cultural heritage, endowed as it is with immense natural splendour.

Boasting World Heritage temples, fascinating history, extraordinary Khmer culture, incredible food, breathtaking beaches, lush green mountains, small towns and wonderful warm-hearted people, it is easy for the visitor to fall in love with Cambodia. It is a country of contrasts, from world-class luxury hotels to rustic guesthouses, astonishing temples to pristine islands, small fishing villages to elegant French colonial architecture. Herein lies its charm.

Cambodia is becoming a property hotspot, with demand for upscale accommodation on an upward trajectory. Cambodia’s luxury real estate market continues to enjoy notable expansion, driven by an increase in the number of high-end investors and growing domestic prosperity.

Cambodia property investment is moving beyond Siem Reap and Phnom Penh. On the coast, Sihanoukville has become increasingly popular, with its stunning and relatively unspoilt coastline of palm-fringed beaches and tropical islands. The international airport now offers flights from South Korea, Singapore and China, plus daily links to Siem Reap. It all translates into a fast-rising property market in Sihanoukville.

The province of Sihanoukville has been dubbed the Cambodian Riviera and is flanked by an almost uninterrupted string of beaches along its entire coastline. It is the gateway to the country’s islands. Boasting a spectacular beauty with many pristine beaches and nearby islands, Sihanoukville is now Cambodia’s premier seaside resort. Real estate in Sihanoukville province is therefore increasingly on the radar of local and foreign property investors.

Affluent buyers come to sample the luxury the area has to offer and become enthusiastic buyers, certain that they will soon enjoy handsome rental returns and capital appreciation.

Island retreats are all about privacy and exclusivity, and as both become harder to find, the pristine island of Koh Russey is set to become one of the country’s most sought-after island opportunities for both investment and escape. Koh Russey is part of a largely uninhabited archipelago a 15-minute boat ride from the mainland near Sihanoukville. 
Now, Cambodia’s first international branded resort property for sale, located on Koh Russey, will represent a fine example of private island luxury lifestyle.

With luxury Koh Russey real estate in the offing, Cambodia continues its march toward status as one of South-East Asia’s top resort destinations. With success already in neighbouring country resorts such as Phuket and Bali, property experts agree the long-term potential for Cambodia real estate is excellent, particularly for waterfront resorts. 

Discerning investors and lifestyle property buyers fix their eyes on Cambodia real estate, attracted by the country’s stunning temples, colonial buildings, tropical beaches, abundance of natural attractions, buoyant tourism industry and increased availability of flights. For those in search of a truly private tropical island experience, where they may forget the bustling world, few places rival a luxury property in one of Cambodia’s finest locations.

Read more about Cambodia real estate in THE ADDRESS Magazine.