NovCambodia vs Turkey: a property buyer’s comparison
This is a decision page, not a sales or attack page: where Cambodia is stronger, where it is weaker, and what to verify before choosing. Structural facts are sourced; confirm specific rules, taxes and figures with a local professional before deciding.
Structural facts checked 2026-07. Not legal, tax or investment advice.
Side by side
| Dimension | Cambodia | Turkey |
|---|---|---|
| Ownership model | A private unit (not the ground floor) in a co-owned building under strata title; land does not pass to a foreigner. | Foreigners get freehold; limits by area (up to 30 ha) and by district share. |
| Foreign restrictions | Foreign quota — up to 70% of a co-owned building’s area. | No per-building quota, but district limits and vetting apply. |
| Currency | The economy is dollarised; prices and deals are usually in USD. | The Turkish lira (TRY) is historically volatile against the US dollar. |
| Entry budget | NovAsia’s typical working range is about $40–100k (Phnom Penh). | A wide range; residency needs an appraisal from $200k, citizenship from $400k. |
| Remote purchase | A remote purchase by power of attorney is possible; a local partner handles checks. | Some steps remotely; source-of-funds vetting has tightened. |
| Taxes & fees | One-off transfer and registration fees; confirm exact rates with a professional. | Purchase fees and TAPU valuation; confirm rates with a Turkish lawyer. |
| Rental logic | Rental demand is concentrated in central Phnom Penh; yield is not guaranteed. | Large rental markets in Istanbul and on the coast. |
| Exit & resale | An emerging market; check resale liquidity per specific project and district. | A deeper resale market, but currency risk affects real returns. |
Where Cambodia is stronger
- USD pricing vs lira volatility.
- A simpler unit-ownership structure without district caps.
Where Cambodia is weaker
- Less market depth and rental demand.
- No citizenship-by-investment programme.
What to verify before choosing
- Whether the ownership rules apply to your passport and to the specific unit (with a local lawyer).
- Current taxes, fees and any currency-transfer requirements.
- Real resale liquidity in the location you are considering.
- The final deal structure and the contract before you commit.
Sources
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WhatsApp Contact formInformational comparison of structural, publicly documented facts, not a public offer or individual legal, tax or investment advice. Rules, thresholds and figures change and must be confirmed for your case with a qualified local professional.