Need advice on buying Borey unit in Cambodia

Ask us anything. Cambodia Expats Online has a huge community of long-term expats that can answer any question you may have about life in Cambodia. Have some questions you want to ask before you move to Cambodia? Ask them here. Our community can also answer any questions you have about how to find a job or what kind of work is available for expats in Cambodia, whether you're looking for info about Phnom Penh, Siem Reap, or anywhere else in the Kingdom. You're also welcome to ask about visa and work permit questions as well, as the immigration rules change often, especially since COVID-19. Don't be shy, ask CEO's community anything!
Stray20
Tourist
Posts: 19
Joined: Fri Apr 28, 2023 7:44 am
Reputation: 5

Re: Need advice on buying Borey unit in Cambodia

Post by Stray20 »

Some great info in this thread. I’m also in the early stages of looking for property around Phnom Penh.
@PSD-Kiwi You mentioned you would never personally buy a borey development property. Out of interest what kind of property did you end up buying if you’re willing to share?
willyhilly
Expatriate
Posts: 1759
Joined: Sun Jan 17, 2016 7:11 am
Reputation: 357
Location: Australia
Albania

Re: Need advice on buying Borey unit in Cambodia

Post by willyhilly »

Interesting topic. Most building in Cambodia is shit, obviously. But at least it is cheap. In Australia more and more people are having to buy into apartments under Strata Law. Many buildings are shit with water issues from roofs, balconies and others bathrooms. Owners face special levies of tens of thousands or even hundreds of thousands to share the costs of repairs.
I am working with residents of a villa complex in Cairns to solve a huge problem. The property is much like a Borey, 131 free standing villas on land that is a swamp. It is near the Barron River that experienced a massive flood just before Christmas. The Villas were inundated and the power supply buggered. They are still running on generators supplied and fuelled by the State Govt at a cost of $20,000 a week or a month. The bill to replace the underground power cables in 3 million dollars. And if the Body Corporate decide to go ahead and a resident can’t pay then their property will be sold. So buying in Cambodia is not such a bad option.
User avatar
Captain Bonez
Baked
Posts: 1180
Joined: Sat Jul 26, 2014 6:44 pm
Reputation: 1120
Location: La-Z-Boy
Nigeria

Re: Need advice on buying Borey unit in Cambodia

Post by Captain Bonez »

😆 you still just waffle on about Australia whenever you reply to anything

Good on'ya, cunt 👍🏻
If you enjoy noise pollution and obnoxious driving practices, Phnom Penh is the place for you!

This.
User avatar
armchairlawyer
Expatriate
Posts: 2523
Joined: Sat Aug 29, 2015 1:43 pm
Reputation: 1519
Cambodia

Re: Need advice on buying Borey unit in Cambodia

Post by armchairlawyer »

Don’t buy retail.
Post Reply Previous topicNext topic
  • Similar Topics
    Replies
    Views
    Last post

Who is online

Users browsing this forum: Ahrefs [Bot], barang_TK, Bluenose, dirtymacca, drozd, hanno, Kayve, Malicious123, PSD-Kiwi and 508 guests