A leaseback offers furnished condos to rent on a daily, weekly or monthly basis. The way they work is simple: you own 100% of a property which you can occupy for several weeks a year. For the rest of the year, your apartment is equipped, managed, maintained and let out by the residence’s operator, who pays you a fixed net rent each month (whether the property is allow or not).
Thus, you want to purchase condo projects which have leaseback condition with affordable price, and located in good areas.
Price start from: $2,050 /m²
Address: located in opposite Royal Hospital Phnom Penh, North side of Russia Avenue, Sen Sok, Phnom Penh, Cambodia
Recommended reason: price growth is about 7%.
The project is located on the north side of Russia Avenue, the main road in the core area of Phnom Penh. It is about 2.6 km from the Prime Minister’s Palace of Cambodia, 3.6 km from the Central Market, and about 4 km from the Royal Palace of Cambodia. It occupies the central axis of the city’s gold development and enjoys the capital’s full resources. As a district on the core development axis of Phnom Penh, Sen Sok District has smooth traffic, convenient life, completed medical, education and public facilities.
The units size are from 43~245㎡.Now apartments are on sale. Customer can get discounts up to 15%, and offer fully home appliances as gifts.
*Project: Amara Boutique Apartment
Price start from: $2400 /m²
Address: #281,Norodom Blvd, Tonle Bassac commune, Chamkarmon district, Phnom Penh, Cambodia
Recommended reason: price growth is about 10%.
The project is jointly created by a well-known team. It is concise and the atmosphere is the main idea of the hotel, which is in line with the design concept of the project "exquisite and light luxury".
Transportation: 20 minutes to Phnom Penh Airport, 8 minutes to Cambodia Royal Palace, Independence Monument, Olympic Stadium
Education: Rule University, ISPP International School, Boeung Keng Kang High School, DK intemational primay school
Entertainment: Starbucks flagship store, Taiming Hotel, Prince Edward Central Plaza Center, NAGA, Aeon Mall, Central Market
Hospital: First General Hospital, Bayon hospital
The area is from 52~196㎡. You can enjoy to invest in new landmarks. Returning rate is 8% per year for 3 years, 7% per year for 5 years.
*Project: TK Star International
Price start from: $2,400 /m²
Address: #100B, Intersection of street 516 & 315, Boeung Kak 1 commune, Toul Kork district, Phnom Penh, Cambodia
Recommended reason: price growth is about 10%
The new development is investment opportunity, privacy, security, comfort, beauty, and luxury pooled into one.The 25-storey Peninsula Private Residences is situated in one of the best and fastest- developing locations in town of Chroy Changvar district. The development is only 150 meters away from the iconic Cambodia-Japan Friendship Bridge.
TK STAR INTERNATIONAL The internal equipment and decoration project has started. The average price of a 36-63㎡ hardcover apartment starts at 2400$/㎡, and the rent is returned for 2 years, and the annual income is 7%.
It is good time to invest on leaseback projects. Please contact to Compass advisor for more information and special offer of projects.
Author/Nea
Compass Original
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