The real estate market is improving and it can take a lot of people's hearts to invest, but not all investments are successful, even if the markets are good and a lots of profitable.
According to the Cambodian Valuers And Estate Agents Association (CVEA), Chrek Soknim said the construction and real estate sector in Cambodia will continue to grow between 10% and 15% per year, which is a good growth rate and the population Cambodia still has a good chance of investing to benefit from this growth.
At the same time, he warned that investors should make a clear assessment of their own buying ability, especially to avoid over-investing in loans.
He said “Even though the real estate market is good and there are good profit opportunities, investors must carefully consider their own cash flow and avoid over-purchasing, which could lead to a difficult risk".
It should be informed that for a successful business venture such as traveling thousands of steps one must take the first step, second step,After all, big business is only successful when small successes are achieved to complete the big task.In fact, if we are in real estate business, we can start a small Model in any town for testing or practical work and the cost is not much, we spend in small amount if we loss.
In addition, most realtors are ambitious but not overly aggressive, but don't start small, which means they have sold millions of dollars worth of property, have years of experience and want to emulate themselves, Affiliate Networking ,Unknown Millions Property Owners ,know who want high-end real estate and never sell to Toronto Ones.(This news came from Business-Cambodia.com)
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