Tourism to Cambodia has increased more than 14 percent in the year to May from the same period in 2007.

The Ministry of Tourism said Cambodia was on track to attract 2.3 million visitors this year, adding that political stability and infrastructure improvements had increased the number of tourist arrivals to the country. Some $1.64 billion is expected to be generated in 2008 from tourism alone.

Visitor numbers had already grown to 2 million in 2006, and rose a further 20 percent in 2007. This sustained and aggressive growth in the tourist sector, as well as booming construction, property and garment manufacturing sectors is helping the country's economy to enjoy near double-digit growth.

The real estate sector, in particular, is growing at a phenomenal rate and no more so than in the capital Phnom Penh where land doubled last year to $3,000 per square metre, up from just $500 in 2000.

Add to this the growth in the tourism sector and rental yields in the city are also expected to grow.
Once known as the 'Pearl of Asia', Phnom Penh is a significant global and domestic tourist destination for Cambodia. The city is the wealthiest and most populous in the country, is its commercial, political and cultural hub and is home to more than two million people.

French villas along tree-lined boulevards remind the visitor of its colonist heritage, yet its oldest structure is the Wat Phnom from the founding days of the city, constructed in 1373. The French however, certainly left their mark and parts of the city are filled with colonial villas, French churches, boulevards, and famous landmarks such as the Art deco market Phsar Thom Thmei and the Hotel Le Royal.

Overseas specialists David Stanley Redfern Ltd are currently selling apartments in the chic riverside French quarter from as little as £49,000. Their authentic French colonial period buildings have been completely refurbished and modernised and are expected to appreciate by 15-20 percent per year. Due to demand, the developer is also offering a rental guarantee of 9 percent net for the first two years, making this a safe investment in an aggressively growing market.

Find out more about Cambodian property.

About David Stanley Redfern

David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.

Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com

After spending the last three decades struggling to recover from the legacy of the Khmer Rouge's genocidal rule, Cambodia now finds itself in the midst of a real estate boom. A decade ago the capital Phnom Penh didn't even have one traffic light, now high-rise condos and offices are springing up as investors rake in the profits.

Many people still have an outdated perception of Cambodia, but private-equity investors - so often the bellwether for the hot investments of the future - are moving into the country at apace. At least four new private equity funds, backed by brand-name investors, are aiming to bring $475 million of foreign investment into Cambodia.

China, South Korea and Malaysia have also been pouring money into the country and in 2006 foreign direct investment totalled $2.6 billion, up from just £240 million in 2004. And according to Cambodia Investment, more than $6 billion may be invested in the country in the next three years.
The government will continue to encourage this investment with market-oriented reforms, and both the ruling Cambodian People's Party and the main-opposition Sam Rainsy Party are committed to the same pro-business, pro-growth policy platform.

Cambodia's economy has been expanding rapidly as a result; by 9.6 percent in 2007, and by more than 10 percent per year during the previous three. Tourism arrivals have also grown, to 2 million in 2006, and by a further 20 percent in 2007.

Cambodians are getting richer too. And this increased wealth in the capital; the growing number of investors; and the increasing number of tourists are all helping to boost Phnom Penh's real estate market.

Yet Phnom Penh is still at the beginning of a growth era, like Bangkok 20 years ago or Ho Chi Minh City 10 years ago. Property prices are cheap but they are moving fast - a traditional shop house along the river that sold in 2006 for $300,000 is now going for $600,000 to $700,000.

Cheaper property can still be found. Overseas specialists David Stanley Redfern Ltd are currently selling apartments in the chic riverside French quarter of Phnom Penh from as little as £49,000.

Their authentic French colonial period buildings have been completely refurbished and modernised and are expected to appreciate by 15-20 percent per year. Due to demand, the developer is even offering a rental guarantee of 9 percent net for the first two years, making this a safe investment in an aggressively growing market.
Find out more about Cambodian property
About David Stanley Redfern

David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.

Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com

The Cambodian government has announced plans to re-launch the national airline, which was scrapped with massive losses on 2000. This time however the airline is being launched with the backing of massive Indonesian conglomerate Rajawali, and will be able to tap into the massively growing number of tourists to Cambodia.

Visitor numbers to Cambodia grew to 2 million in 2006, 60% of whom flew into the country. And with Cambodia being hailed as the new Thailand, because of its virgin white sandy beaches, and undiscovered tropical locations prompting a further 20% rise in tourism for 2007, it is hoped the new airline will be an added boost to the clearly flourishing Cambodia tourism market.

Liam Bailey head of international research for David Stanley Redfern Ltd gave his view on the possible effect the airline will have on the Cambodia property market:
"New air routes are always good news for property markets, but the new Cambodia airline, and the likely increase in flights it will generate will be of special significance in Cambodia. The massively successful property markets of Malaysia, Thailand, and Thai islands like Koh Samui, have largely been fuelled by tourism, well in Thailand almost completely fuelled by tourism.

"But in Cambodia, property market growth has been largely limited to Phnom Penh, and fuelled by growth in commercial, business, financial and services sectors. The recent massive increases in visitor numbers, which will be helped by the new airline, will spread property market growth to other areas, and new Cambodian property hotspots will be emerging very soon - perfect timing given that the Phnom Penh property market is showing signs of levelling out."

Even though Cambodia property has been among the hottest for the past two years, it seems the surface has barely been scratched on the country's property investment profitability.

Find out more about Cambodia property

About David Stanley Redfern

David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.

Media enquiries should be directed to Liam Bailey at media@davidstanleyredfern.com

Cambodia property has become one of the hottest things since sliced bread. David Stanley Redfern's first batch has sold out, and we are now taking advance reservations for the next batch. Cambodia property has become such a phenomenon because of the huge profit making potential.

Cambodia is developing into a commercial hub, attracting incredible levels of foreign direct investment. While Cambodia property was once a term used to describe property in Phnom Penh only, as the advance and growth of business spreads around the country, with some of the bigger banks to enter the country now having branches throughout Cambodia. Airlines, hotels, restaurants, all flourishing in Cambodia, and the former springing up, again throughout Cambodia.

Cambodia property continues to grow strongly, 24% per year capital appreciation can still practically be taken to the bank on property in Phnom Penh. Unfortunately there still isn't much property outside Phnom Penh on the global market, but we at David Stanley Redfern are certainly keen to do some further investigation into procuring Cambodia property outside Phnom Penh.

I just had to post and say how genuinely excited I am about the Cambodia property market. Before when we talked about investing in Cambodia property market we meant Phnom Penh, where growth was massive, and fuelled by advances in the business sector.

Thailand and Malaysia have grew into two giants in the property investment industry, and now Thai islands like Koh Samui and Malaysia's coastal Sabah, have grown into massively popular and profitable property investment markets, their growth fuelled almost entirely by massively rising tourism to their gorgeous tropical climate and white sandy beaches - Koh Samui capital appreciation was 50% per year in 2006 and 2007 on luxury resort villas.

And now they are calling Cambodia the next Thailand, as people race to be the first to discover Cambodia's own gorgeous white sandy beaches and tropical paradise hideaways. Even without the new airline, Cambodia had 2million visitors in 2006, and this rose 20% in 2007, and it is likely to rise again in 2008. The coastal and undiscovered areas in Cambodia are going to become massive on the property investment front.

Loads of massive development ready land-plots are already streaming onto the market, ready to be snapped up by shrewd developers, who will then build their apartments, to be snapped up by shrewd property investors. Make no mistake, the undiscovered coastal areas in Cambodia is where the smart money should go. Keep checking this Squidoo and the DSR website, as we will soon be offering some high class property in Cambodia's new hotspots.

Cambodia's government May 14 announced plans to re-launch the national airline, after it failed miserably in 2000. This time though it has the support of massive Indonesian conglomerate Rajawali, and a massively growing Cambodian tourism sector to tap into.

Tourism to Cambodia grew to 2million in 2006, 60% of them came in by air, and tourism grew a further 20% in 2007. Tourism is growing as Cambodia becomes the new Thailand, with people flocking into the relatively undiscovered tropical hideaways and white sandy beaches, each wanting to discover their own part of this new tropical paradise.

The new airline, and the new flights it will undoubtedly generate to Cambodia's less known areas outside Phnom Penh will cause these new locations to emerge as the hot Cambodia property markets of the future.

As a testament to the ongoing power of Squidoo, I wanted to bring it to the attention of all my loyal readers (and competitors), that my Cambodia Property Squidoo is now number 1 in Google, for the keyword phrase Cambodia Property.

Anyone who isn't building Squidoos yet should start immediately, there power is evident. So thank you to all my readers, my fans, and thank you to Squidoo.

According to a Cambodian government report obtained Sunday 4 May by the Bangkok Post, Cambodia is seeking private investment of around $3.2 billion dollars to build some 14 new hydropower dams.

The report titled Prime Investment Information in Cambodia, revealed various opportunities for private investment in the country, focussing on hydroelectric dams. It is estimated that the dams could generate of one thousand eight hundred mega-watts.

The world knows of the massive amounts of traditional fuel China currently burns, and of the exponential growth in consumption since China began its phenomenal economic growth. As Cambodia shows similarly exceptional levels of economic growth, it goes without saying the country will find the need to generate more electricity. The fact that they are pursuing alternative energy at an early stage in their development is good news for everyone, as oppose to growing on petrol and then having the change everything when it's too late.

Of course increased energy is good news for Cambodia as a whole, but how will the dams affect the Cambodia property market? Well, if the government raises that much in private investment, it will also likely bring in hundreds of foreign construction firms, and executives to monitor the progress of their investment, all of whom will be looking for quality rented accommodation. We may also see these big players launching other projects in Cambodia. The dams may also increase eco-tourism to the country, and make Cambodia attractive to ethical business, and even more attractive to business as a whole.

But the truth is the Cambodia property market doesn't need any help. David Stanley Redfern Ltd's Cambodia property, the French Colonial apartments were being sold from £30k last September, now you can't get one for much less than £50k. So that's around a 70% growth in 7 months. Now, that is exceptional, and unreliably massive, but based on figures taken over a longer period, and on the growing popularity of Cambodia property, 24% can be banked on for annual capital growth.

I personally have no doubt the Cambodian government will get the investment it wants, given the level of foreign investment that has been pouring into Cambodia in recent years. It will just be interesting to see how quickly the money comes in.

Nuth Nurang, Secretary of State at Cambodia's Ministry of Land Management, Urban Planning and Construction said: has revealed that the government is considering an amendment to Cambodia's law that would allow foreigners to buy property in the rapidly emerging market freehold. Currently the best option for foreigner investors is to buy on a leasehold tenure of up to 99 years. Another option is to form a company with Cambodian partners - this carries complex tax issues and needs to be considered carefully.

David Stanley Redfern's French Colonial Apartments in Cambodia's growth centre, the capital Phnom Penh are on a 99 year leasehold tenure. The contract includes the option to buy the properties freehold if and when the law is amended - experts predict that foreigners will be buying freehold in Cambodia before this year is out, likely a lot sooner.

Foreigners being able to buy property freehold would blow the Cambodian property market wide open. Bouncing back from the brutality of the Khmer Rouge gives Cambodia's emergence a vibrancy and vitality all of its own. From the children in school upwards there is a drive and determination to put Cambodia where it should be on the global scene, and to make sure the thousands who were killed didn't die in vane.

Most of Cambodia's male population is under the age of 25, as a result of Khmer Rouge mass murders, and the aforementioned drive means every child in school is there to learn as much as they can and to be all they can be. I'm not sure how much of an attraction this is to the multinational companies currently flocking into Cambodia, probably not as much of an attraction as the low cost of living and potential for a low cost workforce.

Either way it is good for the Cambodian's. Multinational companies are not only setting up shop in the emerging market, but are making Cambodia their S.E. Asian operations hub. I asked an incredibly knowledgeable source, who is well travelled in Asia but unfortunately can't be named, how much the big companies pay the local staff they employ in the lower positions, more than Cambodian's would normally make, or the absolute bare minimum.

I learned that they -- especially the big banking operations -- often have to pay more to get the best out of their workforce, and they are also giving perks like health insurance and dental plans. And that because of Cambodia's better-than-you-might-expect education system, combined with the aforementioned determination that permeates Cambodian society, often the staff are getting promoted and getting pay-rises to keep them in the company.

When things like this are happening the economy is regenerating all the time, especially in the world's main growth hot-spot and a place experts believe will enjoy sustained growth over at least the next five years.

The Cambodian's in stable and well paid employment have money to spend on their accommodation rented or bought, spending their wages is spreading money throughout the business sector, living costs start to go up, meaning building materials start costing more, labourers and tradesmen get closer to what they should for their hard-labour - all pushing up the value of Cambodian property. A prediction for the future might be some of the big car companies opening operations in Cambodia - watch this space for that and be the first to know the minute freehold ownership is possible for foreigners in Cambodia.

Find out more about Cambodia investment property about: Cambodia property investment.

Tiger is a word that is used a lot when talking about emerging markets -- especially Asian ones. But when I use tiger to describe Cambodia it also has an additional meaning to the norm, in that Cambodia is primed and ready to pounce. Most of you interested in investing in a Cambodian property may already know that foreigners can't buy property freehold there because of government restrictions - and that apart from that fact, Cambodia is one of Asia's best property investment markets.

So you will be glad to know that the government is currently coming under increasing pressure to abolish the restrictions on foreign ownership, and the possibility of buying freehold in Cambodia may be just around the corner. Current law leaves potential foreign investors with two options, leasehold of up to 99 years, or forming a company, and taking on Cambodian nationals as partners sharing 49% of the company -- the foreigner has the controlling 51% share.

David Stanley Redfern Ltd has some excellent properties in one of Cambodia's strongest areas: the French Riverside Quarter of Pnomh Penh: left over from the French colonial era, the aptly named French Colonial Apartments. The properties are bought on a 99 year leasehold and cost from £29,151 for a one bedroom and from £48, 100 for a 2 bedroom. In the contract is a clause that allows buyers to buy their property freehold for $1 should the law change to allow it. Their location is one of the prime areas of Cambodian real estate, making their low price a real bargain.

The properties are completely refurbished in what I would call a modernist style with an oriental twist, (or is it an oriental style with a modernist twist? See accompanying pictures and decide for yourself) and what I would also call absolutely stunning. Perhaps most attractive about the properties is that they come with a 10% guaranteed rental yield for the first two years. But because of Cambodia's recent popularity with tourists, and the shedding of its skin as a destination for back-packers, to attract more of the middle-high end of the tourism market, with more disposable income, earning a 10% yield after 2 years shouldn't be all that difficult. Capital appreciation on the properties is conservatively estimated at 20% - 25%.

Also on the plus side is the fact that Cambodia's rental laws are pro-landlord, and there is no income tax on rental income, other than the tenant withholding 14% of the land-lords rent is what is unsurprisingly called a withholding tax. Also on the plus side are the low-moderate total transaction costs of 3.9% - 6.5%. Call David Stanley Redfern Ltd today for a free no-obligation chat with the experts on all aspects of overseas property investment.

For more information on Cambodian investment property visit: Cambodian properties

The overseas property market is changing, I wouldn't say rapidly, but I would say constantly: emerging markets become established, and the hot markets of tomorrow begin emerging. Cambodia is one of those new hot markets, and like 9 out of ten of all new emerging markets its emergence has been largely tied to the tourism market.

Similar to what has happened in other parts of Asia, Cambodia was once a destination known only by back-packers, but that has changed and now Cambodia is attracting far more of the middle-high end tourists with a lot more disposable income - this in turn increased rental yields, which then began to attract shrewd overseas property investors, homing in on the rising buy-to-let market.

The fact that David Stanley Redfern's Cambodia property: the French Colonial apartments, in the French riverside quarter of Pnomh Penh, carry a 10% guaranteed rental yield for the first two years is an indication of just how strong Cambodia's rental market is. The properties are left over from the French Colonial era, and have been stunningly refurbished and modernised, as you can see from the image above.

Emerging property markets like Cambodia usually start from a very low point, property prices are far below a realistic estimate of what they are worth, because they have previously had to be affordable for local buyers, as have the materials used to build them. This means they have incredible potential for a massive appreciation at the outset, with a big price increase across the board, before capital appreciation drops to a still very high, but more sustainable figure.

This has already happened in Cambodia, but it only came down to 20-25%, which has proven to be sustainable, as it has hovered around the 24% mark for just under a year.

The one downside about Cambodia is that, because of government restrictions, foreigners cannot buy property freehold. The government is currently under massive pressure to de-restrict the property market and allow foreigners to buy freehold.

For now however, potential foreign investors have two options, 1: form a company, and partner with one or more Cambodian nationals, the Cambodians sharing 49% of the company between them, and the foreigner having the controlling 51% share, or 2: buy leasehold often for periods of around 99 years, which is the tenure of the David Stanley Redfern properties mentioned above. The contract on DSR's Cambodian property states that, should the law change buyers will be able to buy their property freehold for $1.

Find out more about investment property in Cambodia

Property: Fancy a stunning refurbished 1-2 bedroom apartment complete with electricity, water, telephone, central heating, lounge, bathroom and gardens? Situated in the chic riverside French Quarter of Cambodia's capital, its wealthiest city of Phnom Penh, these properties are available now through overseas property specialists David Stanley Redfern Ltd from £29,151 with only £1,000 reservation fee.

There is plenty of leverage as the 65% balance isn't payable until completion and approval of the finished property and an initial 35% post due diligence payment. There are no construction risks whatsoever and this foolproof opportunity to own a highly desirable apartment in an equally alluring region offers all the benefits of any higher risk market, just without the worry.

Rental: Despite democracy and property ownership issues restricting the development of Cambodia's real estate sector, it's somewhat reassuring to know that Phnom Penh is at the centre of it all. Here, the developer is offering a net rental guarantee of 10% for the first 2 years so, along with Cambodia's capital growth hovering around 15% to 20% per year, this investment opportunity is undeniably attractive.

Costs: Cambodia's tax administration is split between registered businesses that are required to submit a monthly tax return and individual taxpayers who do not submit tax returns (though tax on employment income is withheld by their employers), so do not pay income tax on rent. Theoretically, up to 20% income tax is payable by residents from their net rental profits, whilst non-residents will pay 20% flat rate.

Administrative practice dictates that companies must pay income tax and deduct 1% turnover per annum. Profit tax is 15% on net profits with the usual depreciation and deductions being allowed. Individuals are not VAT registered either and so are not liable for VAT on rental income. 10% withholding tax is payable by the leasholder if the landlord is resident, and 14% if the landlord is non-resident. This tax is increasingly written into new leases. VAT is payable on rental income at 10% in corporate situations. Capital gains tax is currently non-existent, though it is imminent and likely to come into effect by 2008 at around 20%.

Buying: As foreign ownership of land isn't allowed in Cambodia, investors must take 1 of 4 routes around the problem. Buy through a local company, lease the land, acquire governmentally encouraged Cambodian citizenship and land ownership rights as you do so.

Tenancy: Rent is freely negotiable between landlord and tenant in Cambodia, with a deposit of 1 month's rent and 2 months' advance rent for the last two months of tenancy are commonplace. The security deposit is usually refunded 3 days after the tenancy term and all applicable maintenance deductions.

Long-term renewable leases that usually last for 1 year are commonly written, though verbal agreements are acceptable for shorter term rentals. Only the law of contracts and the improved revised land law governs the tenant/landlord relationship.

Access: Phnom Penh hosts 2 international airports that offer daily flights along with all the major regional airports in Bangkok, Hong Kong, Ho Chi Minh City, Singapore, Taipei and Laos too, though the nearest is just 11km away from central Phnom Penh.

Find out more about Cambodian investment properties

About David Stanley Redfern Ltd

David Stanley Redfern Ltd is an overseas property specialist, working directly with developers in more than forty countries. Most properties are exclusive to David Stanley Redfern Ltd, giving an unparalleled selection of resale and new builds. David Stanley Redfern Ltd is AIPP accredited.

Please direct all media queries, requests for press information and editorial details, to media@davidstanleyredfern.com

Whether you're looking for a sleek and stylish property to boost the appeal of your property portfolio or simply looking for the levels of investment return that only come with an overseas property investment, a second home in Cambodia's emerging market hosts the perfect opportunity. Overseas property investment specialists David Stanley Redfern Ltd are offering investors the chance to own an affordable, financially rewarding 1-2 bedroom property from as little as £29,151 so, the failsafe ownership of a highly desirable riverside property in the revered French Quarter of Phnom Penh, Cambodia's capital city, is there for the taking, along with all of its attached benefits.

Cambodia's current capital growth promises an enticing 15%-20% net rental return, however, these apartments include a 2 year guarantee of a 10% minimum return, so a little peace of mind comes with the package too.. With Cambodia's profile attracting an increasing number of holiday takers and investment makers alike, the vast rental opportunities are simply undeniable. Any emerging property market place holds great rewards for the assertive and the shrewd investor particularly perhaps, but with Cambodia's ever strengthening economy taken into account, the future of the region and any investment made in it will surely flourish.

But just what exactly is being offered for your investment? Well, it's breathtaking contemporary master-class at its most alluring, so it's somewhat reassuring to know that a £1000 reservation fee will secure a property with no construction risks and nothing to pay until completion after an initial post-due diligence payment of 35%. An accessible 1-2 bedroom apartment complete with full utilities that's serviced by 17 airports in landlord friendly Cambodia can now belong to any buyer on the international property market.

As always, ensuring you have a reputable and reliable agent such as David Stanley Redfern Ltd is highly recommended, so as to alleviate any sense of worry that overseas property buyers can often feel.

Find out more about Cambodia properties

Longstanding and reputable overseas property investment specialists David Stanley Redfern Ltd have recently presented their stunning 1-2 bedroom French Colonial apartments in the emerging property market of Cambodia. Available with a guaranteed 10% net return for the first 2 years and an expected 15%-20% capital growth to follow in light of Cambodia's thriving economy, this opportunity is one that's certainly not to be missed.

With just a £1000 reservation fee to secure the property and the 65% 'pay upon satisfactory completion' offer that's attached, the fail-safe purchase of a high demand apartment in the Cambodian capital is a whole lot more affordable and obtainable than you might imagine. Foreign investment in Cambodia between 2004 and 2005 increased by an astounding 450% and when combined with Cambodia's already strong tourism industry and its expected increase of 20% per year for the coming 5 years, tenancy is surely rewarding as well as being as good as guaranteed.

With Cambodia's future and all investments made in it looking so promising, the financial benefits are clear but, what do you get for your money?

There's more to Cambodia than its cascading waterfalls, exotic tropical life and ancient relics from an austere but nonetheless auspicious cultural heritage. Modern day Cambodia enjoys a lifestyle not too dissimilar to any enjoyed in the developed western world and cinema, nightclubs, wining and dining are commonplace.

A handful of annual festivals and celebrations are also held, with anything from ploughing, paying respects to loved ones passed and performing arts being the featured theme, reflecting Cambodia's contrasting and simplistic sense of tradition. Understandably a popular tourist destination being the location of the auspicious Royal Palace, Phnom Penh is Cambodia's capital city and host to a number of accommodating local amenities that include restaurants, shops and various other attractions, so to hear that the only thing missing from the Cambodian property landscape are the highly sought after 'western' style apartments like the ones offered with this opportunity, is not only good news, its time sensitive news.

Assertive and shrewd investors out there are sure to take advantage of these remaining apartments and so if this could be for you, you at least owe to yourself to contact David Stanley Redfern Ltd for an obligation-free chat about the varying specifications and services on offer, as well as any other queries or concerns you might have.

Find out more about Cambodia investment property

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Cambodia's capital city of Phnom Penh and the finesse of its French riverside quarter play host to refurbished yet undeniably remarkable 1-2 bedroom apartments and the 2 year guaranteed 10% rental return they offer. In light of its freshly found allure amidst the international property investment market, Cambodia's capital growth is expected to see a 15-20% growth. So, considering the fact that Cambodia and its economy are set to grow from strength to strength, along with any investment made in the region, perhaps this is an opportunity to be investigated further.

Available exclusively through reputable and award winning overseas property investment specialists David Stanley Redfern Ltd from $55,000, at least an enquiry into the many attractive features on offer is surely worth making. But first, let's take a closer look at what that kind of money can buy.

Aside from the luxury apartment itself, abundant with only the most sleek and modern furnishings and finished to an incomparably high standard, what does the surrounding Cambodian capital have to offer? Once referred to as The Pearl of Asia, this architecturally awe inspiring city is today's wealthiest and most populous Cambodian city, giving it a charged and vibrant climate that's simply wonderful.

Its busy inhabitants are peaceful folk of which some are Buddhists, who along with many tourists frequent the many breathtaking attractions, the most popular being the Royal Palace. Phnom Penh's main shopping centre is the Phsar Thom Thmei market place which too attracts visitors, each eager to behold its vast array of treasures. From plant life to antique currency and opulent foods to fancy fabrics, it's sure to be found on the stalls of this enigmatic, once in a lifetime shopping experience.

Serviced by the usual taxis and tuk-tuks, Phnom Penh also boasts road, river and rail transport as well as its very own airport, notably Cambodia's largest. Phnom Penh is both accessible and accommodating for any international investment making traveller, enabling simple return visits to and from its shores. So, a top specification apartment in one of the world's most exciting cities, how do you get a piece of the action?

Anyone interested in this unique investment opportunity amidst a recognised emerging and opportune market, enhanced by the regions economic boom should contact David Stanley Redfern Ltd to discuss the range of helpful options that are available to potential investors.

Find out more about property in Cambodia

Please direct all media queries, requests for press information and editorial details, to media@davidstanleyredfern.com.

About David Stanley Redfern Ltd

David Stanley Redfern Ltd is an overseas property specialist, working directly with developers in more than forty countries. Most properties are exclusive to David Stanley Redfern Ltd, giving an unparalleled selection of resale and new builds. David Stanley Redfern Ltd is AIPP accredited.

Written by Ant Standring.

Southern East Asia and the magical mysticism it holds might sound a little too prestigious for casual or professional investment making or holiday taking buyers alike. However, award winning overseas property investment specialist David Stanley Redfern Ltd have bridged the gap and closed the distance between potential investors and this auspicious neighbour of Thailand, Laos and Vietnam. Exclusive and genuinely breathtaking 1-2 bedroom apartments in Cambodia are more than an attractive reason to consider the region, as is their price. Available from $55,000, now's surely the right time to at least register your interest in a property market set to soar.

Gloriously refurbished (you really must see the photos); these apartments are situated in the heart of a city on the verge of a widely predicted and massive foreign investment boom. A guaranteed 10% net return for the first 2 years certainly does add appeal to this opportunity, but what's all this about an investment boom, what's brought it about?

The abundance of stunning architecture that's on display in the French quarter of Cambodia's capital city Phnom Penh or the Pearl of Asia as it's sometimes affectionately referred to, merely hints at the lavish lifestyles enjoyed in Cambodia already. Being Cambodia's wealthiest and most populous state, it's no surprise to learn of its increasing ambition and drive regarding the recognition it righteously deserves for being one of the worlds criminally overlooked beauty spots. But that's all set to change with fresh focus and scrutiny facing one certain overlooked government policy.

Back in 2005 the Cambodian investment laws were changed in order to allow foreign ownership of any permanent Cambodian fixture, so as to strengthen its already stable economy to the same dizzy heights enjoyed by similar regions within close proximity, Thailand serving as a fine example with its surge of foreign interest over the last few years. However, that particular law never came into being, rendering it redundant with time. Now, with its appetite for development growing stronger and stronger, Cambodia's government are being strongly urged to review its current foreign investment laws.

International Business Club chairman and US lawyer Bretton Sciaron had this to say on the matter "There are several reasons for urgent action, this is already a sector of the economy that is dynamic, but foreign ownership of apartments, condominiums and other such structures on the land will help spur further economic growth. Such a regulatory development will provide a dramatic indication that Cambodia has an investor-friendly environment.' This clearly highlights not only the great potential of the region but the far reaching scope of worldwide interest it holds, that in this case reached the shores of the US.

If getting a piece of the overseas property investment action understandably appeals more than ever before with this stunning property and the opportunities it offers, contact David Stanley Redfern Ltd today with any queries.

Find out more about Cambodia property

Please direct all media queries, requests for press information and editorial details, to media@davidstanleyredfern.com

About David Stanley Redfern Ltd

David Stanley Redfern Ltd is an overseas property specialist, working directly with developers in more than forty countries. Most properties are exclusive to David Stanley Redfern Ltd, giving an unparalleled selection of resale and new builds. David Stanley Redfern Ltd is AIPP accredited.

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