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Sunday, February 24, 2008

French Colonial Class Stirs Property Investment in Cambodia

Longstanding and reputable overseas property investment specialists David Stanley Redfern Ltd have recently presented their stunning 1-2 bedroom French Colonial apartments in the emerging property market of Cambodia.

/24-7PressRelease/ - NOTTINGHAM, UK, February 24, 2008 - Available with a guaranteed 10% net return for the first 2 years and an expected 15%-20% capital growth to follow in light of Cambodia's thriving economy, this opportunity is one that's certainly not to be missed.

With just a 1000 reservation fee to secure the property and the 65% 'pay upon satisfactory completion' offer that's attached, the fail-safe purchase of a high demand apartment in the Cambodian capital is a whole lot more affordable and obtainable than you might imagine. Foreign investment in Cambodia between 2004 and 2005 increased by an astounding 450% and when combined with Cambodia's already strong tourism industry and its expected increase of 20% per year for the coming 5 years, tenancy is surely rewarding as well as being as good as guaranteed. With Cambodia's future and all investments made in it looking so promising, the financial benefits are clear but, what do you get for your money?

There's more to Cambodia than its cascading waterfalls, exotic tropical life and ancient relics from an austere but nonetheless auspicious cultural heritage. Modern day Cambodia enjoys a lifestyle not too dissimilar to any enjoyed in the developed western world and cinema, nightclubs, wining and dining are commonplace.

A handful of annual festivals and celebrations are also held, with anything from ploughing, paying respects to loved ones passed and performing arts being the featured theme, reflecting Cambodia's contrasting and simplistic sense of tradition. Understandably a popular tourist destination being the location of the auspicious Royal Palace, Phnom Penh is Cambodia's capital city and host to a number of accommodating local amenities that include restaurants, shops and various other attractions, so to hear that the only thing missing from the Cambodian property landscape are the highly sought after 'western' style apartments like the ones offered with this opportunity, is not only good news, it's time sensitive news.

Assertive and shrewd investors out there are sure to take advantage of these remaining apartments and so if this could be for you, you at least owe to yourself to contact David Stanley Redfern Ltd for an obligation-free chat about the varying specifications and services on offer, as well as any other queries or concerns you might have.

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About David Stanley Redfern

David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.

DSR have just branched out into the _a href=""_Overseas Property Rentals_/a_ industry.

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Cambodia to restore its historic rail links

The Asian Development Bank (ADB) and the Royal Government of Cambodia will be working together to restore around 600 kilometres of rail track between Thailand and Cambodia over the next two years.

“This is one of the last steps in the creation of a regional railway that will stretch from Singapore to Beijing,” said ADB President Haruhiko Kuroda at a ceremony in Sisophon, Cambodia. “Soon, trains will be running from Singapore to Sihanoukville.”

Another 48 kilometres of track near the Thai border will also be restored under the initiative.

Cambodia’s railway rehabilitation project will be funded by a $42 million concessional loan from the ADB. The authority will also appoint an international railway operator to operate, maintain and invest in the railway over the next 30 years.

The upgrade will not only revitalise Cambodia’s railways, but also enhance trade through reduced transport costs. The railway will also help ease traffic on Cambodia’s roads.

The project forms a vital component of the Greater Mekong Subregion’s southern corridor which links Thailand, Cambodia and Vietnam.
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