Where in the World Is Sihanoukville? (IOS)
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As part of the ongoing Investing Overseas Series (IOS), Property Hunter welcomes you to Sihanoukville, Cambodia. Yes, it's not some faraway land in Central America or up in Mongolia, it is actually our Southeast Asian neighbour. Well, you might have known that already but plenty would struggle to place it on a map, again, we assume.
After taking a look at Manchester, UK we bring you now on a trip to Cambodia's Sihanoukville. It is a thriving town that attracts plenty of tourists to its shores and is a backpacker haven for many around the world. Taking notice in this place could be a great move for you and your portfolio.
The series (IOS) will look to be an insight into the developments we usually do not see and will be a great barometer on how properties from one place to another differ or resemble. It would also turn into an opportunity for seasoned Investors who are encouraged to explore these properties that could turn out to become a real gem in their portfolios.
As investors become more savvy and informed, investing in overseas properties has become less of a daunting prospect and instead become an exciting opportunity for many. Diversification is one of the pillars of a good investor as it spreads out the risks and provides potentially higher returns. That said, there are real risks involved when buying properties overseas as it is tied to the ups and downs of a country's currency as well. However, that could also be turned the other way and return your investment in 2 tiers: one through capital appreciation and another through currency variations.
Property Hunter's series on overseas properties are independent articles that will be released on a fortnightly basis, as a commitment to provide quality content online to our readers. The series is will be in the combination form of traditional text and interactive media to keep readers entertained and more engaged.
Part 2 of the series bring us to Sihanoukville in Cambodia, a majestic and picturesque locale with some of the best beaches the country has to offer. What is it about this place that would make a good investment option? Read the full feature in the series below:
Sihanoukville: Cambodia's New Investment Frontier.