by element_6 » Sat Oct 08, 2016 9:53 am
Phuket2006 wrote:YaTingPom wrote:walkjivefly wrote:4% is the usual hard title fee.
Yes but the op is saying they are pricing it at $20 per sq metre regardless of what they paid originally.
Shit. $20 PSM! I'll have some of that!
Most barang will have soft title with the price paid and that's what they will base the 4% on. Possibly.
Barangs cant own land in Cambodia.
I looked at some land ( to be placed in GF's name) in Kampot in July, UNLESS it was riverfront land less than 2 kms from town it was well under $10/sq m
Found some 6 kms from town down a dirt road on the river( 50 meters riverfront for $8.50/
Be aware that you cant own riverfront. Ownership of the first 20 to 30m will always remain with the government. I have seen a few soft title sales that include this land as part of the soft title but when converted to hard this area will be removed. I have seen titles halved as a result of this when converted.to hard.
The confusing thing is that you will have the right to use it and build movable/lightweight structures on it but if ever the government want it they can take without compensation (although in reality for many plots this will never happen)
[quote="Phuket2006"][quote="YaTingPom"][quote="walkjivefly"]4% is the usual hard title fee.[/quote]
Yes but the op is saying they are pricing it at $20 per sq metre regardless of what they paid originally.
Shit. $20 PSM! I'll have some of that!
Most barang will have soft title with the price paid and that's what they will base the 4% on. Possibly.[/quote]
Barangs cant own land in Cambodia. :stupid:
I looked at some land ( to be placed in GF's name) in Kampot in July, UNLESS it was riverfront land less than 2 kms from town it was well under $10/sq m
Found some 6 kms from town down a dirt road on the river( 50 meters riverfront for $8.50/[/quote]
Be aware that you cant own riverfront. Ownership of the first 20 to 30m will always remain with the government. I have seen a few soft title sales that include this land as part of the soft title but when converted to hard this area will be removed. I have seen titles halved as a result of this when converted.to hard.
The confusing thing is that you will have the right to use it and build movable/lightweight structures on it but if ever the government want it they can take without compensation (although in reality for many plots this will never happen)