🔥 URGENT SALE: $24K OFF – Huge 2BR Condo in Olympia City, Phnom Penh – Now Only $111K! 🔥
First-Time Buyer Brain Meltdown? 👉 Skip the Confusion and Grab This Straightforward 2BR Deal—No Bidding, No Weird Surprises, Just 122 sqm of Sanity
A rare urgent sale has just hit the market – a spacious 2-bedroom condo in the sought-after Olympia City complex has been marked down from $135,000 to only $111,000. This Urgent Sale – 2 Bedrooms Condo For Sale in Olympia City, Phnom Penh won’t last long at this price.
The Deal of 2025: Why This Property Demands Your Immediate Attention
- Massive Price Reduction You Can’t Ignore This urgent condo sale represents a remarkable $24,000 discount from the original asking price. The owner needs to sell quickly, creating a golden opportunity for smart buyers. Most properties in this area sell for $1,200-1,500 per square meter, but this unit is now priced at just $907 per square meter – a stunning 40% below market value! Such deals rarely come around in Phnom Penh’s competitive real estate market.
- Prime Location in Phnom Penh’s Most Dynamic District Located in the heart of Phnom Penh, Olympia City stands as one of the capital’s premier mixed-use developments. This city center condo Phnom Penh gives you easy access to everything. The condo sits in Sangkat Veal Vong, a rapidly developing area known for its mix of local charm and modern amenities. You’re just steps away from:
- Olympia Mall with international brands and dining options
- Major banks and financial institutions
- International schools and universities
- Medical facilities
- Government offices
- Impressive 122 Square Meters of Modern Living Space This isn’t your typical cramped city apartment. At 122.3 square meters, this 2 bedroom condo Cambodia offers generous space rarely found in comparable urban properties. The layout includes:
- Large master bedroom with en-suite bathroom (18 sqm)
- Spacious second bedroom ideal for family or guests (16 sqm)
- Second full bathroom with modern fixtures
- Open-concept living and dining area (45 sqm)
- Well-appointed kitchen with quality appliances
- Balcony with city views
- Storage space and utility area
- High Floor Benefits: Views, Privacy, and Fresh Air Positioned on the 9th floor, this high floor condo provides several advantages over lower units:
- Stunning city views toward the riverside area
- Better natural ventilation and cooling breezes
- Enhanced privacy from street-level noise
- Improved security with less accessibility from outside
- Better natural lighting throughout the day
- Full Legal Ownership with Freehold Title Unlike many properties in Cambodia that come with complicated ownership structures, this condo offers a clean freehold title Cambodia ownership. This means:
- 100% secure ownership rights
- No lease expiration dates to worry about
- Freedom to sell, rent, or renovate as you please
- Legal ownership that can be passed to heirs
- No ongoing ground rent payments
- Resort-Style Amenities for Modern Urban Living The Olympia City complex offers premium amenities that make everyday living feel like a vacation:
- Condo with pool – large swimming pool for exercise and relaxation
- Condo with gym – fully-equipped fitness center with modern equipment
- 24/7 security with CCTV and guard service
- Covered parking for residents and guests
- Professional property management
- Landscaped green spaces and relaxation areas
- Elevator access to all floors
The Property in Detail: What Makes This Phnom Penh Apartment Special
Move-In Ready Condition
This move-in ready condo requires no renovation or updates:
- Fresh paint throughout all rooms
- Well-maintained flooring and fixtures
- Fully functioning air conditioning units in all rooms
- Modern kitchen appliances included
- Quality bathroom fixtures and fittings
- Move in immediately or rent out without additional investment
Practical and Thoughtful Layout
The floor plan maximizes usable space and creates a comfortable living environment:
- Separation between living and sleeping areas for privacy
- Cross-ventilation design to reduce air conditioning costs
- Ample built-in storage throughout the unit
- Natural light from multiple exposures
- Logical flow between spaces for everyday convenience
Quality Construction Standards
Built by a reputable developer, the building features:
- Solid concrete construction with proper insulation
- Quality windows and doors for energy efficiency
- Modern plumbing and electrical systems
- Fire safety features throughout the building
- Durable materials chosen for Cambodia’s climate
Understanding Cambodia’s Property Market in 2025
The Phnom Penh housing market has matured significantly in recent years, making it an increasingly attractive destination for property investors. Here’s what you need to know:
Foreign Ownership Rules
Cambodia offers some of Southeast Asia’s most foreigner-friendly property laws:
- Foreigners can legally own units in condominiums (above ground floor)
- Straightforward purchase process with minimal red tape
- No required periodic reporting for foreign owners
- No restrictions on repatriating rental income
- No special taxes targeted at foreign property owners
For more detailed information, check out our comprehensive guide at Guide to Foreign Property Ownership in Cambodia.
Tax Advantages in 2025
The Cambodian government has introduced attractive tax incentives for property buyers in 2025, including:
- Reduced property transfer tax for first-time buyers
- Tax deductions for mortgage interest payments
- Capital gains tax exemptions under certain conditions
- Lower annual property tax rates compared to neighboring countries
- Simplified tax filing processes for property owners
Market Trends in Phnom Penh
The capital city’s real estate landscape continues to evolve:
- Growing preference for modern condominiums over traditional housing
- Increasing importance of amenities and community features
- Rising demand for properties near public transportation
- Premium on units with natural light and views
- Growing secondary market for resale condominiums
Why This Urgent Condo Sale Represents Exceptional Value
When comparing this property to similar offerings in Phnom Penh, several factors make it stand out:
| Feature | This Property | Typical Comparable Properties | Your Advantage |
|---|---|---|---|
| Price per sqm | $907 | $1,200-1,500 | 25-40% savings |
| Size | 122.3 sqm | 80-100 sqm | 20-50% more space |
| Monthly fees | $0.50/sqm | $0.80-1.20/sqm | Lower ongoing costs |
| Title type | Freehold | Mixed (some leasehold) | Better ownership security |
| Floor level | 9th floor | Various | Better views and privacy |
| Condition | Move-in ready | Often needs updates | No renovation costs |
About Olympia City: The Heart of Urban Phnom Penh
The Olympia City development has become one of the most recognizable landmarks in Phnom Penh:
Development Overview
- Mixed-use complex with residential, commercial, and retail spaces
- Completed in 2016 by a well-established local developer
- Total of 4 residential towers housing approximately 500 units
- Central location in Sangkat Veal Vong, Khan 7 Makara
- Walking distance to Olympic Stadium and multiple embassies
Living Experience
Residents enjoy a balanced lifestyle with:
- Active community of local and international residents
- Regular maintenance of common areas and facilities
- Professional management responsive to resident needs
- Convenient access to on-site shops and services
- Sense of security and community within the complex
Property Appreciation History
The development has shown consistent value growth:
- Average annual appreciation of 5-7% since completion
- Steady rental demand throughout economic cycles
- Improving surrounding infrastructure and amenities
- Continued developer support and facility upgrades
- Strong reputation among real estate professionals
How to Secure This Buy Condo Phnom Penh Opportunity
Due to the urgent nature of this sale, interested buyers should act quickly:
Viewing Options
- Schedule an in-person viewing any day of the week
- Virtual tour available for international buyers
- Detailed floor plans and additional photos upon request
- Building inspection reports available for review
- Meet with current tenants to understand the living experience (if arranged in advance)
Purchase Process
The buying process is straightforward and can be completed quickly:
- Express your interest and submit an offer
- Upon acceptance, pay a 10% deposit to secure the property
- Complete due diligence and title verification (we can assist)
- Sign the final sale agreement
- Pay the remaining balance and receive ownership documents
- Register the transfer with relevant authorities (our team handles this)
For a more detailed look at other great options in the capital, visit our collection of Condos for Sale in Phnom Penh.
Key Takeaways: Why Act Now on This Affordable Phnom Penh Condo
- Exceptional Price Point: At $111,000 ($24,000 below the original asking price), this property represents a 40% discount compared to market rates for similar units in the area. This pricing gap won’t last long in a market where informed investors are constantly seeking value opportunities. The $907 per square meter rate stands out dramatically in a market where comparable properties sell for $1,200-1,500 per square meter.
- Superior Size and Layout: With 122.3 square meters of thoughtfully designed living space, this unit offers approximately 20-50% more area than typical 2-bedroom condos in central Phnom Penh. The practical floor plan maximizes usability while providing separation between living and sleeping areas – a design feature highly valued by both owner-occupiers and rental tenants.
- Prime Location with Growth Potential: Situated in Olympia City, one of Phnom Penh’s established mixed-use developments, this property benefits from excellent amenities, security, and community atmosphere. The surrounding area continues to see new developments and improved infrastructure, suggesting strong potential for future appreciation beyond the current 5-7% annual growth seen in recent years.
- Clear Ownership Structure: Unlike many properties in Cambodia that come with complicated ownership arrangements, this unit offers clean freehold title with no time limitations or special conditions. This legal clarity adds significant value and peace of mind, especially for foreign buyers unfamiliar with local property laws.
- Strong Rental Yield Prospects: With potential monthly rental income between $800-1,200, this property offers annual returns of 8-13% – significantly higher than most developed markets. The unit’s size, location, and amenities make it particularly attractive to the growing expatriate professional community in Phnom Penh, ensuring consistent rental demand throughout economic cycles.
- Time-Sensitive Opportunity: The urgent nature of this sale creates a unique window of opportunity that rarely appears in stable real estate markets. The seller’s need for quick liquidation has created a pricing anomaly that benefits buyers ready to make prompt decisions. Similar opportunities in this location and price range typically receive multiple offers within days of listing.
Take Action Today
This Urgent Sale – 2 Bedrooms Condo For Sale in Olympia City, Phnom Penh represents a rare chance to acquire premium real estate at a significant discount. Whether you’re looking for an investment property Cambodia opportunity or a spacious home in the heart of the capital, this property deserves your immediate attention.
Ready to explore this opportunity further? Here’s what you can do:
- Schedule a viewing today – both in-person and virtual options are available
- Review the complete property documentation and building information
- Discuss financing options with our team of experts
- Make an offer before this opportunity disappears
Your new home or investment property is just a phone call away. Contact us through our website or call directly to start your journey to ownership.
More Resources About Phnom Penh Real Estate
Here are some helpful resources to learn more about the Cambodian property market:
We hope this guide has been helpful in your property search. Happy house hunting in beautiful Cambodia!
