Regular WOTW readers will have seen a pattern to the featured homes - pretty, great location and a great 'price v potential' ratio. And UK-based.
But, it being post-Christmas/New Year, I couldn't resist putting up this one for anyone back at work and dreaming of a jumping ship completely in credit-crunched 2009. The sales text is reproduced as it was written on the Phnom Penh Post:
This second-storey apartment in Phnom Penh’s Tonle Bassac area has an auspicious history but an uncertain future.
The apartment building was designed by renowned Cambodian architect Vann Molyvann in the 1950s as part of a huge countrywide infrastructure and construction movement under the patronage of King Norodom Sihanouk.
Father time has not been kind. The building is now notorious as the Bouding slum, and rumours abound that it is marked for destruction. Prime Location’s preference is that the building be recognized for its historic value and be restored to its former glory as a classic example of a community housing development for urban dwellers. In which case this would be a great buy.
The owner will start negotiations at $32,000 and reckons the seven-metre-by-eight-metre space can fetch $100 to $150 a month in rental.
Apartment for sale - more details
What's the weather like today in Phnom Penh?
