Superb location 2-bedroom apartment for sale 7 Makara – central Phnom Penh

Details

This well-laid out 2-bedroom serviced apartment with a gym, located in 7 Makara, central Phnom Penh, is now available for sale.

It offers great amenities and an awesome location near Orussey Market at a reasonable price, which is perfect for a single or professional couple.

Apartment features:

• Cleaning 3 x weekly available
• Maintenance $100/month
• 24-hour security
• Fitness centre
• Parking available ($60/month)
• Hard title
• 15th floor (northern orientation) with city views
• Alarm system, fire alarm, fire sprinkler system
• 5-minute walk to Orussey Market, Olympic Stadium, international schools, commercial area, coffee shops, supermarkets, and restaurants.

Original ID: MAK.E10

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We have apartments, condos, office spaces for rent and sale in Phnom Penh, Siem Reap, Kampot and Sihanoukville.

About Prampi Makara (7 Makara):

Prampi Makara (7th January) named after the day when Kampuchean Armed Forces and Vietnamese troops liberated the capital in 1979.

It is literally the centre of Phnom Penh. A web of narrow streets with every shop imaginable, all seemingly headed towards Orussey Market.

The real Phnom Penh, the beating heart, the raw flesh where shop owners and stall holder ply their trades.

A look up and you will see the pre-Pol Pot face of the city: the Khmer take on Modernism.

Prampi Makara is the smallest Khan in Phnom Penh (subdivided into 8 Sangkats and 33 villages) in only 2.2 km² but in 1998 had 96,192 inhabitants, making it one of the most densely populated areas in the city and yet, it is often overlooked.

Westerners tend to head towards Daun Penh or Chamkarmon as if nothing else matters. The Chinese appear only to want to be in BKK 1 close to Naga World.

Both ends of the investor / renter spectrum look elsewhere.

Here you can buy or rent living spaces for half the price of other areas.

They will have character and the moment you step into the street, the city presents itself in its fullness.

Orussey Market watches over all – chaos by day, an unexpected stillness by night.

Barely 700m north are Vattanac and Canadia Towers, 400m south west is Molyvann’s Olympic Stadium and to the immediate south BKK 1 and east, Riverside.

It is all there… waiting.

Good guide to investing in Cambodia

Here is a good guide to investing in Cambodia that should steer you away from total financial disaster.

The real estate market in Cambodia is extremely varied, more so than most countries, which can make investing either a smooth journey or a rocky one.

What separates a successful from unsuccessful investor is not pure luck, as many think, but the ability to recognise and avoid mistakes.

Investing in Cambodia is no different, so here are some things to consider before you part with your hard-earned cash.

Read on to find out how to invest in Cambodia

Phnom Penh real estate made easy

Phnom Penh real estate, especially the rental market, is not easy to navigate around as there’s a lot on offer and prices vary depending on where, when and what you are looking for.

The city offers a range of properties, so it is important you know what is available.

Covid made things difficult for everyone and all over Phnom Penh, people started negotiating heavily.

Although there is some residual goodwill, much has gone and prices are now close to pre-pandemic levels. Don’t expect real estate miracles any more! 

Real estate made easy

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