THE COUNTRY Cambodia is a very special country on many ways, but as i french citizen working here for 9 years i have to say the country is open to foreigners. So if you looking for economic freedom, in case you'r thinking about relocating in a country with very low level of taxes, you should consider Cambodia as a possibility. Here we enjoy the benefits of the banking system using US dollars, official currency here, our ATMS provides US notes, and your are free to use your account as you wish, allowing transactions IN and OUT without any conditions for the transfers. Our clients are private investors, entrepreneurs, individuals generally, willing to get to get high return on their investments.
THE PROPERTY Picasso Condominium is not a project like the others, the taiwanese developper did bought the right to create a building in hommage to spanish genius who live to the world an heritage unvuluable. These unit is one of the very last ones on the market, as 85% of the units have been sold in a very short period of time ( less than one year ) the building is in construction.
THE LOCATION Simply the best adress in town, the BKK1 district, where wealthy foreigners are living, an expat area.
THE APARTMENT These 2 bedroom 2 bathrooms appartement is located on the 3rd floor of the building, the size is 151 sqm.
THE DEVELOPPER Picasso Group was founded I 1989 and as of now it has 27 years of history. It represents major European and US artists (Paul Cezanne and Maxfield Parrish) and National Museum of American Illustration. It is the earliest one to introduce arts master Picasso into fashion industry as well as the first one to collaborate with Picasso family’s legitimate management institute. It promotes Picasso brand in Asia Pacific area and is devoted to implementation of brand concepts – i.e., life is art and make art daily life.
RETURN ON INVESTMENT ( Buying to rent ) With a 7% predicted return, not the highest in town, but who knows the project is successful prices can increase, there is no similar properties in term of high standing and location.
LEGAL These property can be owned on freehold, means have a title deed on your name, Taxes are about 4% when the title is produced by the ministry of lands. Foreigners can legally owned apartment in Cambodia. We are happy to provide free lawyer services for our foreign clients.
LANGUAGES we do speak english, khmer, chinese, french.
COME TO SAY HELLO If by chance you are passing by Phnom Penh i will bring you there :) olivier
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บ้านเลขที่233 Rue Pasteur No. 51, Phnom Penh, Cambodia