Cambodia Real Estate

Real Estate Transactions in Cambodia – Cosmos Legal Law Firm Guide

Cambodia, as one of Southeast Asia’s rapidly developing economies, offers attractive real estate opportunities for foreign investors. Cities such as Phnom Penh, Siem Reap, and Sihanoukville stand out for residential and commercial property investments.

At Cosmos Legal Law Firm, we provide Turkish citizens with secure, transparent, and legally compliant guidance for buying and selling real estate in Cambodia.

1. Legal Framework of Real Estate in Cambodia

• Property ownership is governed by the Cambodian Land Law and Land Titles Law.

• Land records are maintained by the Land Department.

• Foreigners cannot directly own land but can purchase strata title units (condominiums).

• Before acquisition, the property must be checked for mortgages, liens, or other restrictions.

Cosmos Legal ensures that investors are fully aware of the legal status of the property, enabling a secure investment.

2. Foreigners’ Rights to Real Estate

According to Cambodian law:

• Foreigners may purchase only strata-titled or condominium units.

• Direct land ownership is prohibited; foreign investors may invest via long-term leases or joint ventures.

• Official land registry records and necessary government approvals must be followed during acquisition.

Cosmos Legal ensures that foreign investors exercise all their legal rights to acquire property smoothly.

3. Property Purchase Process

Real estate transactions in Cambodia typically follow these steps:

1. Land and Legal Due Diligence: Review property history, mortgages, and restrictions.

2. Sale and Purchase Agreement (SPA): A notarized or lawyer-approved contract is prepared between the buyer and seller.

3. Payment and Title Registration: Ownership is officially registered with the land registry in the buyer’s name.

4. Taxes and Fees: Payment of purchase price, registration fees, and other statutory charges.

Cosmos Legal ensures legal security at every stage, allowing clients to acquire property without issues.

4. Taxes and Expenses

Main taxes and costs include:

• Transfer Fee (Title Registration Fee): Approximately 4% of the sale price.

• Withholding Tax and Stamp Duty: Paid on the transaction and contracts.

• Notary/Attorney Fees: For contract and title registration procedures.

Cosmos Legal ensures all taxes are correctly calculated and financial obligations properly managed.

5. Services Provided by Cosmos Legal

Cosmos Legal Law Firm offers Turkish investors in Cambodia:

• Title search and property verification

• Preparation of sale agreements and notarization/lawyer approval

• Title registration and correspondence with the land registry

• Tax and cost consultancy

• Investment advisory and legal support

Our team of Cambodia law experts guarantees secure and professional service throughout the transaction.

Conclusion

Investing in Cambodian real estate can be a safe and profitable opportunity with the right guidance. Cosmos Legal Law Firm provides clients with legal security, transparency, and professionalism at every stage of real estate transactions in Cambodia.