The COVID-19 not only has a significant impact on the global economy, but also personal economy. Both fixed assets and working capital have been affected to a certain extent.
When we facing emergencies or economic crisis, do you have Plan B to defend against risks?
Invest in overseas property became more easy
To ordinary people, invest in overseas property seems impossible, but with the continuous development of the global economy, many changes have taken place in the overseas market. The first is the diversification of the housing market.
Australia, North America, and Europe were the main destinations for overseas investment. However, due to the high funding requirements, only a few talents were able to buy a house overseas. With the continuous development of the economy, the Southeast Asian market has gradually risen. Many investors have aimed at the market potential, they bought housing at low prices, and they made a profit.
Fine decorated apartment in Cambodia, Plan B for ordinary people!
Despite the impact of the slowdown in global demand, Cambodia's GDP growth rate has remained at about 7% for many years. Cambodia's stable domestic economic development has laid the foundation for real estate development.
Secondly, Cambodia's population is younger. 75% of people are under 35 years of age. The population will continue to grow steadily in the future. Phnom Penh, Sihanoukvile and other key cities have gathered a large number of foreigners. The new housing demand market and the rental market have developed great potential. Housing price's soar are inevitable, coupled with stable rental yield, the return on investment is considerable. Even though the current housing price increase in Cambodia has slowed down compared to the previous two years, the advantages of low housing prices, high rental yields, and US dollar fixed assets are still attractive.
Furthermore, investment-type properties in Cambodia are basically small-sized apartments that are well-furnished, that is, rented immediately upon purchase. Many projects also provide rent out services, which not only reduces investment risks, but also saves time for overseas buyers.
Disclaimer: The re-forward articles on Compass website are for the purpose of conveying more information, and it does not mean that the Compass website agrees with its views or confirms the authenticity of its content. Article noted as "Source: Compass original", please note that the source from Compass. The content of the article is for reference only and should not consider as investment advice, and it does not mean that Compass agree with its views.
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