If you’re considering to retire abroad, Cambodia is certainly a destination worth exploring. With a lower cost of living and affordable retirement properties, this means that retirees can live comfortably on their pension from their home country.
In this golden era where you have full control of your time for hobbies and whatnot, it might be the best time to start planning the ideal place for you to settle down and enjoy your retirement years in style. To find the perfect retirement property for you, we have curated the best properties to live in when retiring in Cambodia.
Residence in High-end Condominiums
When it comes to choosing a retirement home in Cambodia, high-end condominiums should be at the top of your list. While the title might sound expensive, high-end condominiums in Cambodia are relatively cheaper compared to other neighboring countries like Thailand and Vietnam.
Additionally, the features of a high-end condominium promotes a higher level of comfort, relaxation, and entertainment than other types of vertical buildings or standard condos. One of the main advantages of high-end condominiums in Cambodia is its exclusive access to a wide range of world-class amenities within the building, such as a rooftop pool, skybar, state-of-the-art gymnasium, yoga and pilates studios, libraries, cinemas, retail and restaurant options.
Foreign ownership is another key selling point of the condominiums in Cambodia. With strata title ownership, foreigners can legally own 100% of the property with low taxes. This opens up possibilities for retirees who dream of owning a property abroad but are hindered by legal restrictions. The major cities in Cambodia, such as Phnom Penh and Siem Reap, offer a wide range of condominiums that are strategically located near offices, markets, schools, and various entertainment and dining options.
Moreover, when you choose a brand new condo, you can be confident in the quality of construction. These condos are built to the latest standards, ensuring that your home is well-built and energy-efficient. Modern amenities, like smart home features and high-speed internet, can also be found in the newly built or upcoming condominiums in Cambodia. Additionally, these generally require less maintenance compared to older ones, which can result into significant cost savings in the long run.
Another type of property you need to consider for your retirement are waterfront properties. This is because these properties primarily promote a relaxing and calm atmosphere, especially emphasized by the body of water nearby. Moreover, most of these homes are far away from other properties, making it possible for you to not be bothered by loud neighbors, street noise, and more! Pollution is less of a problem as well since you’re closer to nature.
Financially, waterfront homes can be a wise investment for retirees. Owning a waterfront property offers the opportunity to operate it as a vacation home, generating additional income while you’re living your best life in retirement. With strategic planning, you can build your private residence on the same property while having a separate home or section dedicated to operating as a vacation rental.
If you’re thinking of living in a waterfront property, you have a number of options in Cambodia – it can be anything from a house, land, villa, and more!
Golf course properties
If you are searching for the perfect retirement property that offers both tranquility and recreational opportunities, you can consider investing in a golf course property. Concentrated in Phnom Penh and Siem Reap, these idyllic cities are known for their renowned golf courses in Cambodia. This kind of property predominantly consists of lands and villas, providing an excellent option for retirees seeking a peaceful and nature-centric lifestyle.
One of the major benefits of living near a golf course property is the distance from the hustle and bustle of city life. Situated away from the noise and pollution of the urban areas, these retirement properties allow you to fully immerse yourself in a serene environment.
Furthermore, the location of these golf course properties promotes a healthier lifestyle. Most of these properties are situated away from other residential areas, which means you will need to engage in physical activities to reach nearby conveniences such as stores or visit friends. Whether it’s cycling or walking, these regular movements contribute to improved cardiovascular health and overall fitness.
Considering that retiring in Cambodia is cheap, you have to make sure that you find a good area where you can fully live out your life without worries. Among other residential options, living in a gated community, popularly known as Borey in Cambodia, is one of the best choices when you’re retiring since your safety is guaranteed. After all, these communities make sure that it has security guards roaming about to ensure there are no lurkers there as well as cameras posted in key areas of the community. Besides that, parks, stores, and more are conveniently located in or near it, making it easier for you!
Whether you prefer the serene living near golf courses in Siem Reap, or the calming atmosphere of waterfront homes in Phnom Penh, Cambodia has a variety of retirement properties to suit your needs. The country’s tranquil environments and proximity to nature provide an ideal setting to relax and rejuvenate during your retirement years.
Furthermore, Cambodia’s relatively affordable cost of living makes it an enticing choice for retirees, including foreigners or expats. Stretching your retirement budget further allows you to enjoy a higher quality of life and indulge in the experiences the country has to offer. With its unique lifestyle opportunities, cost-effectiveness, and abundant attractions, this country holds great potential to give you a great retirement lifestyle.
Interested in relocating or retiring in Cambodia? Take the first step and ទាក់ទងមកកាន់ IPS to connect you with our property experts who will guide you in selecting the perfect retirement property!