Siem Reap Tourism Trends

Feb. 16, 2017, 12:34 p.m.


Any Siem Reap real estate investor, commercial or otherwise, must remember that most people come to Siem Reap for one reason: to visit Angkor Wat. Siem Reap was ranked as the world’s second best holiday destination in 2015 by TripAdvisor.com. Accordingly, Siem Reap tourism is a booming market.
The rise of Siem Reap tourism, and its gradual spread across the city, is intimately connected to property prices and relative terms of rental agreements. The town relies heavily on tourists and competition for the tourist dollar is growing every day. Potential commercial vendors should be aware that the standard of quality in accommodation, food and beverage, and leisure activities in Siem Reap are some of the highest Cambodia has to offer, once again because of this relatively wealthy and steady tourism traffic. Want to read more about Siem Reap Retail Property Space? Check out a similar Realestate.com.kh blog post HERE. Adventure tourism, eco-tourism and golf courses are just a few new types of attractions that are arising around the Siem Reap tourism market. Mass Asian tourism ventures are another new force in the Siem Reap tourism and properties market, as Chinese, Korean, Vietnamese and other Asian entrepreneurs/investors are choosing to monopolize their parts of the Siem Reap tourism economy. It is not a phenomenon that is isolated to Cambodia, however, as similar ventures dominate many lower-cost tourism destination’s around Asia. Read more about mass-Asian tourism and its influence on the Siem Reap property market HERE. There is all sorts of Siem Reap real estate for sale and rent, Cambodia’s tourism mecca. Its close proximity to the Angkor Wat temple complex has turned the city into one of the world’s premier travel destinations - with over one million visitors every year. Check out our prime retail space listings if you are wanting to join the race for the lucrative tourist dollar in the city center. Or maybe you want to settle down and relax outside central Siem Reap, in which case take a look at the host of affordable apartments, flats, villas and borey houses on offer in and around the city. Siem Reap is also a great place to farm and a variety of agricultural properties are now online. New development is bringing increasing options for serviced and non serviced office space in the city, as well as a growing collection of luxury condominiums and serviced apartments - prime for foreign investors. The city is compact and manageable for a first time buyer, with very encouraging rules for FDI. Want to search for Siem Reap Property? See: Realestate.com.kh real estate for SALE in Siem Reap City. And, Realestate.com.kh real estate for RENT in Siem Reap City.

You can find all the Siem Reap retail properties you could wish for and more here on Realestate.com.kh. Begin your search for the best Siem Reap retail real estate in town by communicating with Siem Reap’s most professional agents right here through our online portal. Just use the search engine to enter in your criteria and you will be presented with a large list of Siem Reap real estate properties for sale all over the various suburbs of Siem Reap, or tailor your search to the specific neighborhood of your choice. By using Realestate.com.kh intuitive online features, such as the Property Alert Tool, you can simply select the real estate properties that best suit your requirements – meaning you won’t waste time viewing properties that don’t suit you, your family or your business! Every time there are new listings that meet your criteria you will receive a notification by email, allowing you to be one of the first to see. There is no easier way for finding the right Siem Reap real estate property for your needs! footernews