Service Apartment For Rent/Sale in Cambodia

Serviced Apartment is a type of luxury accommodation ideal for professionals living in the country for work. They are typically fully furnished apartment or condo units that provide hotel-like amenities and services. Thus, allowing the resident a hassle-free type of living.

This type of residential real estate is popular to foreigners. It allows them the convenience of not having to worry about upkeep while still having a place they can call their own.

A Serviced Apartment usually has additional amenities like room service, housekeeping and access to recreation areas like a swimming pool and/or gym.

Here at Cambodia real estate, selecting a serviced apartment means embracing personalized luxury living. Our seasoned agents are here to guide you through a range of fully furnished units, each tailored to your unique preferences. 

Leveraging our extensive market knowledge, we facilitate fair negotiations and simplify legal processes, ensuring a smooth and transparent experience. Our serviced apartments offer top-notch amenities similar to those in hotels, prioritizing your comfort and convenience. We specialize in recommending apartments that precisely match your needs, whether your preferred location or budget constraints, promising a seamless living experience. 

Even after securing your apartment, we remain committed to ongoing support, ensuring your stay in Cambodia's serviced apartments is stress-free and enjoyable.

What are the top 3 reasons to invest in a Serviced Apartment In Cambodia?

Investing in service apartment in cambodia offers compelling opportunities for several reasons:

Lucrative Tourism Boom

• The Cambodia tourism is experiencing a significant boost, attributed to the iconic site like Angkor Wat and the enticing Canopy Sands Cambodia.
• This robust tourism industry generates a high demand for short-term accommodations, ensuring a consistent flow of guests to serviced apartments, thus making them a profitable investment.

Growing Expat Community

• The affordable cost of living in Cambodia along with its lively culture, is increasingly attracting expatriates.
• Expats frequently opt for serviced apartments due to their convenience and amenities, providing investors a stable and reliable tenant base for leasing opportunities.

Strong Rental Yields

• Factors affecting the cambodia real estate market have led to consistent growth in Cambodia, offering attractive rental yields.
• Serviced apartments, in particular, can deliver steady income streams, making them a valuable addition to any investment portfolio.
• With potential returns of 6-8% annually, Cambodia ranks among the best countries to invest in real estate in terms of rental yield.
• Additionally, these properties are often professionally managed, relieving investors of property-related responsibilities and allowing them to focus on other investment opportunities.

Advantages of Living in a Serviced Apartment

There are many advantages to living in this type of accommodation. Companies usually use a serviced apartment to house executives or visiting professionals in the country for work. It is sometimes a temporary place of residence or relocation, but can also be a long-term type of accommodation for professionals who live alone in the city. If you decide to live in a serviced apartment, expect to live in a grander style fit for the elite. Generally, this apartment has the following characteristics:

• Western-style furnishings and aesthetically designed interiors.

• Most up-to-date appliances and fully functional kitchen sometimes including oven, coffee machine, rice cooker, blender, an exhaust system, and fire extinguisher.

• High-quality furniture including oversized sofa, large beds, storage cabinets, and air conditioning units.

• Rooms have wide windows that give lots of natural light and plenty of air circulation, and a private balcony that provides residents with views of the skyline.

• Modern bathrooms, sometimes with bathtub. Generally with a separate glass-enclosed shower that has hot and cold water.

• Elevators to reach your specific floor in the apartment building.

Serviced apartments also have these additional services that a regular apartment or condominium unit does not have:

Housekeeping

• Residents don’t need to worry about cleaning their own bathroom or changing their bedsheets.
• Serviced apartment have their own weekly or daily cleaning services that may or may not be included in the management fee.
• Housekeeping services include towel replacement, the making of beds, toiletries change and cleaning.

Laundry and Dry Cleaning

• Sometimes, a serviced apartment also include laundry and dry cleaning services so that you don’t have to worry about washing your clothes on your own.

Utilities

These amenities are usually included in the management fee that the residents of serviced apartment pays for.

• Cable TV
• Fast and Reliable Internet
• Safe Drinking Water
• Hot and Cold Shower Facility

Reception/Concierge Services

Concierge can perform many tasks including:

• Arranging for transport to and from the place of business
• Wake-up call
• Coordinating porter services
• Making restaurant services or spa schedule
• Ordering food delivery

Security

Occupants of a serviced apartment are fully secured by:

• Fire safety provisions like fire exit, smoke detectors, sprinklers and fire extinguishers
• 24/7 security guard services, CCTV in common areas and intercom.
• Filtering of uninvited and unwelcome guests, peddlers and vagrants

Recreational Areas

A Serviced Apartment can enjoy access to common areas like:

• Swimming pool
• Fully equipped gym and fitness centers
• Jacuzzi and Sauna Room
• Library
• Playroom / Kids Play area
• Game room
• Restaurant/dining area
• Parking Space

Management Services

• Serviced apartments have managers that can professionally ensure that all services are being provided.
• They are the go-to person when your kitchen has a leak, a light bulb needs to be changed, the bathroom is clogged and any other problems that may arise during your stay.
• They will also be in charge of collecting your rent and sending you invoices for utilities.

What is the Cambodian lifestyle like?

• Cambodia's lifestyle uniquely combines tradition and modernity.
• Family, faith, and Cambodian food hold central roles, especially in rural areas. 
• Cambodians are generally reserved yet hospitable, valuing smiles as a sign of respect. 
• Life here moves more leisurely compared to Western countries, emphasising well-being over materialism, echoing the national motto "Srok Khmer, Lok Khmer", meaning "Khmer Country, Khmer Spirit."

Where can you find a Serviced Apartment?

• This type of accommodation is usually found in urban areas or city centers.
• Popular areas in Phnom Penh that have a serviced apartment are the BKK areas, Tonle Bassac, Toul Kork, Riverside area, and Russian Market.  
• It is also available in Siem Reap and Sihanoukville city centers.
• In Phnom Penh, a one bedroom serviced apartment can range from as low as $500 to as high as $2,000.
• The price range depends on the inclusions of the rental price, the quality of the furnishing, the age of the apartment building and the popularity of the area where your apartment building is located.
• Siem Reap town has available serviced apartments in the Old Market/Pub Street Areas, Wat Bo, Old French Quarter.
• Prices can range from as low as $500 to as high as $900.
• Again, the price range depends on the rental inclusions, quality of furnishings, the age of the structure and the popularity of the area.

Why stay in a Serviced Apartment?

• A serviced apartment is a more expensive option when deciding on a place of residence, whether short term or long-term.
• However, it provides residents with the comfort and convenience that they cannot find in a regular apartment.
• They can enjoy the privacy, security, and comfort of living in a place that they can call their own, without worrying about the tedious tasks that a regular homeowner needs to do.
• This is a practical, comfortable and convenient way of living in a place far from home.

What are Service Apartments & Explain its Characteristics.

Serviced apartments in Cambodia provide a home-away-from-home experience, blending hotel amenities with apartment privacy. Ideal for business travellers, relocating families, and tourists on extended stays, they come in various types:

High-End Furnishings

• Luxury apartments are adorned with top-notch furnishings, including designer furniture, premium materials, and stylish decor, creating a lavish and visually appealing living space that exudes sophistication and comfort.

Concierge Services 

• These apartments offer dedicated concierge services catering to guests' needs.
• From arranging restaurant reservations at the finest establishments to securing tickets for exclusive events, the concierge ensures a seamless and indulgent stay.

Amenities

• Luxury apartments provide access to exclusive amenities, elevating the guest experience.
• These often include well-equipped fitness centers, luxurious swimming pools, spa and wellness facilities, and even private cinema rooms, providing ample opportunities for relaxation and recreation within the building.

Privacy and Security

• Luxury serviced apartments prioritize the security and privacy of guests.
• Advanced security systems, controlled access points, and exclusive elevators are common features, ensuring safety and exclusivity.

Impeccable Detailing

• Every aspect of luxury serviced apartments is meticulously planned and executed.
• From the finest linens and premium toiletries to state-of-the-art appliances and cutting-edge technology, no detail is overlooked in creating an exceptional living environment.

Prime Locations

• These apartments are often prime locations, offering stunning views and convenient access to the city's top attractions, dining establishments, and entertainment venues.

Personalized Services

• Luxury apartments go beyond the expected, offering personalized services tailored to individual preferences.
• Whether arranging for a private chef, organizing personalized city tours, or fulfilling unique requests, the staff in luxury apartments is dedicated to exceeding expectations.

Popular Areas to Buy/Rent Serviced Apartments in Cambodia

If you're looking to buy or rent serviced apartments in Cambodia, you'll typically find them in urban areas or city centers. Here are some popular areas in various provinces and districts of Cambodia where serviced apartments are available:

Phnom Penh

• The phnom penh area is ideal for professionals, business investors, and expatriates seeking a dynamic urban lifestyle.
• Its modern infrastructure, diverse cultural landscape, and robust economic environment make it attractive for both living and investment opportunities.
• The city's rich history and vibrant social scene offer a balanced lifestyle of work and leisure.

Siem Reap

• Siem Reap location is perfect for those in the tourism industry, cultural enthusiasts, or retirees.
• With its proximity to Angkor Wat, Siem Reap is a major tourist destination, providing opportunities for investment in rental properties or holiday homes.
• Its relaxed atmosphere and rich cultural heritage also make it an attractive place for a peaceful and culturally enriched living experience.

Sihanoukville (Kampong Som)

• Ideal for investors in the hospitality sector and individuals seeking a beach lifestyle.
• The city’s transformation into a tourism and commercial hub offers substantial opportunities for real estate development and investment in beachfront properties.
• For those seeking a relaxed coastal lifestyle, Sihanoukville's serene beaches and leisure activities provide an idyllic setting.

Battambang

• Suitable for those interested in a serene lifestyle amidst cultural heritage.
• Its unique blend of French colonial architecture and Cambodian culture creates a distinct living experience, ideal for cultural tourism investments or for individuals seeking a tranquil, culturally rich environment.

Kep

• A haven for seafood enthusiasts, retirees, or small-scale hospitality investors.
• Kep’s calm atmosphere, scenic beauty, and renowned seafood market make it an appealing choice for those looking to invest in boutique hospitality or for individuals seeking a peaceful coastal retreat.

Koh Kong

• Best for eco-tourism investors or nature enthusiasts.
• Its unspoiled natural landscapes and adventure tourism potential present opportunities for eco-friendly property investments.
• For individuals, it offers a unique lifestyle close to nature, ideal for those seeking tranquility and outdoor adventures.

These approximate price ranges may fluctuate depending on specific properties, amenities, and rental inclusions. When considering serviced apartments in Cambodia, evaluating your budget and requirements is essential to find the best fit, whether you're looking to rent or buy. For the most up-to-date and detailed information, it's advisable to consult local real estate agencies.

How IPS Cambodia Can Help to Buy/Rent a Serviced Apartment in Cambodia?

• Finding the perfect serviced apartment in Cambodia can be a daunting task, but with the help of IPS Cambodia, it can be a smooth and stress-free process. 
• Whether you're considering a long-term investment or interested in investing in commercial real estate, or if you're seeking a comfortable short-term stay, IPS Cambodia has the expertise and resources to guide you every step.

Why Choose IPS Cambodia?

Extensive Portfolio

• IPS Cambodia boasts a diverse portfolio of serviced apartments across Cambodia, catering to various needs and budgets.

Expert Team

• Their team of experienced and knowledgeable agents possesses in-depth knowledge of the Cambodian real estate market and can assist you in finding the ideal property that meets your specific criteria.

Personalized Service 

• IPS Cambodia offers personalized service, ensuring you receive tailored guidance and support throughout your search.

Streamlined Process 

• They handle all the paperwork and legalities, making the buying or renting process efficient and transparent.

Competitive Rates 

• IPS Cambodia offers competitive rates for both serviced apartment rentals and sales.

Buying a Serviced Apartment with IPS

Investing in a serviced apartment in Cambodia can be an excellent way to generate passive income and secure a valuable asset. IPS Cambodia can help you:

Identify Suitable Investment Opportunities

• Based on your budget, desired location and guaranteed rental return, they can identify properties with high investment potential.

Negotiate the Best Price

• Their experienced negotiators will ensure you secure the best possible deal on your chosen property.

Manage the Entire Buying Process

• A Cambodian property solicitor will manage all the legal documentation necessary for owning property in Cambodia, including transfer and title registration.

• Our team also provides assistance in managing and facilitating legal document processing services.

Connect You with Potential Tenants

• IPS Cambodia can help you find reliable tenants and manage the rental process once you purchase the property.

Renting a Serviced Apartment with IPS

If you're looking for a comfortable and convenient living solution in Cambodia, renting a serviced apartment is ideal. IPS Cambodia can assist you in:

Finding the Perfect Apartment

• Based on your desired location, budget, preferred amenities, and lease term, they can shortlist suitable apartments that meet your requirements.
• Please ensure you do check out our article on factors before signing a lease in any Cambodian property.

Schedule Viewings

• They will arrange viewings of shortlisted apartments, allowing you to assess the property and its surroundings.

Negotiate the Rental Agreement

• Their agents will ensure you secure the best terms and conditions for your rental agreement.

Provide Ongoing Support

• They will be available to answer your questions and address any concerns you may have throughout your tenancy.

Additional Services

IPS Cambodia offers a range of additional services to make your experience even more seamless:

Airport Transfers 

• They can arrange hassle-free airport transfers upon your arrival in Cambodia.

Furniture Rental 

• If you're renting an unfurnished apartment, they can offer OKO Furniture to fully furnish your space.

Cleaning Services 

• They offer professional cleaning services to maintain a clean and hygienic environment.

Property Management 

• If you're a landlord, they offer property management services, handling maintenance, repairs, and tenant relations.

Step-by-Step Guide on Buying/Renting a Serviced Apartment in Cambodia

Whether you're interested in renting or buying a serviced apartment in Cambodia, this step-by-step guide will assist you in navigating the process seamlessly.

Step 1 - Consult a Property Expert 

• Your journey begins with contacting a reputable real estate agency in Cambodia, like IPS Cambodia.
• Initiate the conversation by reaching out to them and discussing your apartment requirements. 
• Share essential details, including your preferred location, budget, desired amenities, and any specific preferences you might have.
• This initial discussion helps the agency understand your needs clearly, enabling them to streamline searching for suitable properties.

Step 2 - Specify Your Criteria 

• Provide comprehensive information about your criteria during your conversation. 
• Clearly outline the number of bedrooms you need, the preferred size of the apartment, desired facilities, and any unique features you're seeking. 
• The more detailed your criteria, the better the agency can match your requirements with available properties in their extensive database.

Step 3 - Discover Outstanding Rental Options 

• Based on your information, the real estate agency will leverage its extensive database to identify the finest rental properties in Phnom Penh that align with your criteria. 
• They will present you with a curated selection of available apartments that meet your requirements, saving you valuable time and effort in the search process.

Step 4 - Property Viewing and Inspection 

• Once you've shortlisted several options, it's time to schedule property viewings. 
• The real estate agency will coordinate appointments for you to visit these apartments personally. 
• Conduct a thorough inspection of the properties during your visits, paying close attention to their overall condition, amenities, and any specific features you desire. 
• Make a note of any potential maintenance issues or required repairs.

Step 5 - Negotiate and Extend an Offer 

• If you find an apartment that meets your criteria, go ahead and negotiate the terms, then make an offer.
• Collaborate closely with the real estate agency to establish a fair rental price and any additional terms or conditions you may require. 
• The agency will facilitate the negotiation process as an intermediary between you and the property owner.

Step 6. Essential Documents, Legal Insights, and Transfer Tax in Cambodia 

• You typically need identification, proof of income, and sometimes a rent deposit. 
• Legal considerations differ for expatriates and locals, so consulting an attorney is wise.
• When purchasing, you'll have to deal with transfer tax payments, which are determined by the property valuation. 
• Understanding these aspects is essential to ensure a smooth and legally compliant process, whether renting or buying a serviced apartment in Cambodia.

 Step 7. Payment Processes 

• Payment terms and conditions can vary, so carefully reviewing your lease or purchase agreement is crucial. 
• Typically, payments are made in monthly or yearly instalments for rentals or lump sums for purchases. 
• If you plan to request additional furniture or repairs and renovations, be aware that the deposit may increase, as landlords often use it to cover the associated costs.
• Accepted payment methods often include bank transfers, cash payments, or checks, but it's advisable to confirm with your real estate agency. 
• For those exploring real estate finance options, including mortgages, it's advisable to consult with local banks and financial institutions to understand the available opportunities, along with their specific terms and requirements

Step 8: Moving and Settling In

Moving Services

Relocating to your serviced apartment in Cambodia is made effortless with these steps. 

• To ensure a seamless move, follow this checklist before moving-in : create an inventory, hire a moving company well in advance, gather packing supplies, declutter your belongings, label boxes, notify relevant parties of your address change, document valuables, and pack essentials.

Setting Up Your New Home

• A comfortable living experience starts with utilities. 
• Arrange your electricity, water, gas, internet, and cable TV connections. 
• Optimize your apartment's space by arranging furniture thoughtfully, investing in storage solutions, adding personal touches, and selecting multi-functional furniture. 
• Enhance the ambience with suitable lighting fixtures.

Community Integration

• Explore local neighborhoods, join online expat or community groups, participate in language exchange programs, and consider volunteering. 
• Respect Cambodian customs, learn basic Khmer phrases, be punctual, and embrace local food etiquette.

Step 9 -  Property Management Services

• The next crucial step is to establish contact with the property management services team. 
• This essential communication ensures that the property is well-maintained, safety and security concerns are addressed promptly, additional services can be requested, lease-related matters are clarified, general inquiries are answered, and community issues are managed effectively. 
• Establishing this line of communication with the property management team is vital for a smooth and comfortable living experience in your rented serviced apartment.

Step  10. Reporting Issues

• To address maintenance or repair concerns in your serviced apartment, promptly inform the building management via a dedicated app, email, or phone call. 
• Provide clear details such as issue description, location, severity, and potential safety risks. Follow up with a written report for reference.
• Expected Timelines for fixes such as minor repairs like light bulbs or faucets should be resolved within 24-48 hours.
• Larger issues such as plumbing or electrical problems require 5-7 working days.
• Complex repairs or renovations will have agreed-upon timelines.

Remember to communicate clearly, acknowledge potential delays, and inquire about temporary solutions when needed. Enjoy a hassle-free living experience in your serviced apartment in Cambodia.

Get in touch with our team for every property management assistance..

Serviced Apartment for Rent/Sale in Cambodia

Find your perfect serviced apartment for rent and sale in different Cambodian provinces:

Serviced Apartment for Rent in Phnom Penh

Serviced Apartment for Sale in Phnom Penh

Serviced Apartment for Sale in Siem Reap

Frequently Asked Questions