Real Estate in Preah Vihear, Cambodia
Last updated on Jul 01, 2024
Summary: Expats and retirees talk about real estate in Preah Vihear, Cambodia? How do you find a home in Preah Vihear? Should you buy or rent? What is the cost of housing?
What is a typical expat home or apartment like in Preah Vihear?
"A typical expat home or apartment in Preah Vihear, is often a blend of traditional Khmer architecture and modern amenities. The homes are usually spacious, with open floor plans that allow for natural ventilation, a necessity in Cambodia's tropical climate. The living room is often the largest room in the house, used for both entertaining and family gatherings. The kitchen is typically equipped with modern appliances, although some expats may choose to have a traditional Khmer kitchen outside for cooking with wood or charcoal. Bedrooms are usually modest in size, with air conditioning units to combat the heat. Bathrooms often have Western-style fixtures, including a shower, sink, and toilet. The homes often feature a blend of tile and hardwood flooring, with the latter being more common in the bedrooms. Many homes also have a balcony or a small garden area, providing a space for outdoor relaxation. In terms of decor, it's common to see a mix of Cambodian and Western influences. Many expats choose to incorporate local art and textiles into their homes, adding a touch of Cambodian culture to their living spaces. Security is also a priority for many expats, so homes and apartments often have security measures in place such as gated entrances, security cameras, or even a security guard. Despite being in a relatively rural province, many expat homes in Preah Vihear have internet access and satellite TV, allowing expats to stay connected with their home countries. Overall, while the homes may differ in style and size, they all offer a comfortable and secure living environment for expats residing in Preah Vihear," remarked one member in Preah Vihear.
What is the average cost of housing in Preah Vihear?
If you are thinking about moving to Preah Vihear, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Preah Vihear can vary greatly depending on the location and type of housing. However, it is generally considered to be relatively affordable compared to many Western countries. For instance, a modest house in this region can be rented for a few hundred dollars per month, while purchasing a house can cost a few tens of thousands of dollars. It's important to note that these are rough estimates and actual prices can fluctuate based on various factors," remarked one member in Preah Vihear.
Should I buy or rent a home in Preah Vihear?
If you have not spent a lot of time in Preah Vihear, 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 Preah Vihear, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Preah Vihear for a long period, buying a home could be a good investment. Owning a property allows you to build equity over time and gives you a sense of stability and permanence. However, buying a home also comes with significant upfront costs, including a down payment, closing costs, and potential renovation expenses. It also requires a long-term financial commitment and may limit your flexibility to move or travel. On the other hand, renting a home in Preah Vihear offers more flexibility. It's a good option if you're not sure about your long-term plans or if you prefer not to deal with the maintenance and repairs that come with homeownership. Renting can also be more affordable in the short term, as it doesn't require a large upfront investment. However, renting doesn't allow you to build equity, and you may face annual rent increases. You also have less control over your living space, as you can't make significant changes without the landlord's permission. In conclusion, whether you should buy or rent a home in Preah Vihear depends on your financial situation, long-term plans, and personal preferences. It's important to carefully consider all these factors before making a decision," remarked one foreigner who made the move to Preah Vihear.
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.
Get a quote for international health insurance from our partner, William Russell.
Get Quote
Get a quote for international health insurance from our partner, William Russell.
Get Quote
Digital Nomad Visa in Cambodia
Find essential information about the digital nomad visa for working in Cambodia.
Cambodia Forum
Talk with other digital nomads and expats in Cambodia on our Cambodia forum - meet people, get advice and help others.
Contribute
Help others in Cambodia by answering questions about the challenges and adventures of living in Cambodia.
Digital Nomads in Cambodia offer advice about healthcare, hospital visits, emergency rooms visits, finding a doctor and buying health insurance in Cambodia.