Property Rights in Thailand
24/07/2024
Investor tips Real estate ThailandThe end of 2022 marked the completion of the Rose Apple Square residence, available for purchase by people wishing to live or invest in Cambodia.
In each of its projects, Rose Apple Square’s developer, Urban Living Solutions, makes a point of differentiating itself from conventional residential buildings. In this way, he not only builds apartments but also a “way of life”, where interaction between residents, community and activities are emphasized.
This “mixed-use residence” concept is particularly innovative in Cambodia, and especially in Siem Reap: the town is becoming more and more attractive to the CSP+ classes and expatriates looking for a better quality of life than in the capital of Phnom Penh.
However, Siem Reap still lacks housing of sufficient quality standards to satisfy this type of tenant, who is used to the proximity of services and infrastructure of big cities. In this sense, Rose Apple Square is one of the first luxury residences able to offer them services such as co-working spaces, offices, conference rooms and auditoriums… and all in direct proximity to where they live.
Construction of the residence was completed at the end of 2022, title deeds have been handed over to the buyers and several owner-occupiers are already living in their apartments. Rose Apple Square benefits from a Condominium license and is therefore available for freehold investment by foreigners.
For French investors, Rose Apple Square offers a diversification solution that enables them to secure their capital in property outside France, while benefiting from attractive, sustainable yields based on year-round rentals that meet a real market need.
In terms of investment value, as detailed above, the Rose Apple Square residence is a pioneer in Siem Reap in terms of “multi-use spaces”, and is located in the town center, close to one of the world’s most famous monuments. We can expect the apartments to appreciate in value over the next few years, as the city and the Cambodian economy in general develop. It may therefore be worth investing with a view to resale on the market at the end of the contractual rental yield period.
Last apartments available from €100,000*.
Completed, freehold apartments
Contractual rental yields of 7%/year over 3 years, net of charges and local taxes.
Discover the different types of apartments available on our site
With 3 other projects completed in Phnom Penh and Siem Reap, developer Urban Living Solutions (ULS) has been a reference since 2016 in the construction of quality residences aimed at Cambodia’s CSP+ class.
The architects, builders and landscapers working with ULS are experienced in developing serviced residences and hotel residences in Cambodia. From the position of balconies to facilitate air circulation, to the layout of gardens to establish a balance between built and natural surfaces, everything is designed to create a pleasant and unique living environment in the heart of the city.
The promoter himself regularly organizes events in his residences: parties, Cambodian celebrations, activities… to energize the community. Through its agents, ULS also communicates news of its projects, new offers and investment opportunities.
Would you like to find out more, or are you interested in investing in Rose Apple Square?
Ask for a free telephone appointment for a more detailed presentation of the Investor conditions.
*Indicative conversion into €, according to the exchange rate at the time of publication. Original prices in USD. Original admission price of $106,002.