Real Estate in Koh Rong Sanloem, Cambodia
Last updated on May 04, 2024
Summary: Expats and retirees talk about real estate in Koh Rong Sanloem, Cambodia? How do you find a home in Koh Rong Sanloem? Should you buy or rent? What is the cost of housing?
What is a typical expat home or apartment like in Koh Rong Sanloem?
"A typical expat home or apartment in Koh Rong Sanloem, is often a blend of traditional Khmer architecture and modern amenities. These homes are usually made of wood and bamboo, with thatched roofs, and are elevated off the ground to protect against flooding during the rainy season. They often have open floor plans, with large windows and doors to allow for natural light and air circulation. The interiors are typically furnished with locally made furniture, often crafted from bamboo or rattan. Modern amenities such as air conditioning, Wi-Fi, and hot water are usually available, although they may not be as reliable as in more developed countries. Kitchens are often equipped with basic appliances, such as a refrigerator and a gas stove, but may lack an oven, which is not commonly used in Cambodian cooking. Many expat homes in Koh Rong Sanloem also have outdoor living spaces, such as a porch or a balcony, where residents can relax and enjoy the tropical climate. Some homes may even have a small garden or a yard. Despite the rustic appearance, these homes can be quite comfortable and offer a unique living experience that blends local culture with expat conveniences. However, it's important to note that living conditions can vary greatly depending on the specific location and the budget of the expat," said one person in Koh Rong Sanloem.
What is the average cost of housing in Koh Rong Sanloem?
If you are thinking about moving to Koh Rong Sanloem, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Koh Rong Sanloem can vary greatly depending on the type and location of the property. For a budget traveler, basic bungalows or guesthouses can be found for as low as $10 to $20 per night. Mid-range accommodations such as comfortable beachfront bungalows or rooms in a guesthouse typically range from $30 to $60 per night. For those seeking luxury, high-end resorts and villas can cost anywhere from $100 to several hundred dollars per night. Monthly rentals for apartments or houses in the area can range from $200 to $500 per month, again depending on the location and type of property. It's important to note that these prices can fluctuate depending on the season, with costs typically increasing during the peak tourist season," said one expat in Koh Rong Sanloem.
Should I buy or rent a home in Koh Rong Sanloem?
If you have not spent a lot of time in Koh Rong Sanloem, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"The decision to buy or rent a home in Koh Rong Sanloem, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Koh Rong Sanloem for a long period, buying a home could be a good investment. Owning a property allows you to have full control over your living space and could potentially provide a return on investment if property values increase over time. However, buying a home also comes with responsibilities and costs, such as maintenance, repairs, and property taxes. It also requires a significant upfront investment, including a down payment, closing costs, and potentially renovation costs. On the other hand, renting a home in Koh Rong Sanloem offers more flexibility. It's a good option if you're not sure how long you'll stay, or if you prefer not to deal with the responsibilities and costs of homeownership. Renting allows you to live in the area without the commitment of a mortgage. It also gives you the freedom to move easily if your circumstances change. However, renting doesn't build equity like buying a home does. You also have less control over your living space, as you're subject to the landlord's rules and restrictions. In conclusion, whether you should buy or rent a home in Koh Rong Sanloem depends on your financial situation, long-term plans, and personal preferences. It's important to carefully consider these factors and potentially seek advice from a real estate professional before making a decision," explained one person living in Koh Rong Sanloem, Cambodia.
About the Author
Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
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