Investment climate on Koh Samui

Buying villas in Ko Samui for expats is a good investment of your capital, regardless of the purpose of this purchase: for your residence or investment with the further sale. Because first of all Koh Samui is an actively growing tourist place; there is continued maturation and construction of the infrastructure required for a relaxed life: supermarkets and entertainment centers are being created, the street surface is standing updated, the rate of Internet entry is improving, and much more.

According to the statistics of current years, property costs on the island are continuously evolving.

The tropical climate of Thailand and Koh Samui, in particular, allows you to appreciate the summer season all year round, and the discharge of visitors on the island does not control even during the rainy season, that is, the “down season.”

To date, the most diverse real estate on Koh Samui has been put up for sale – from multi-bed luxury villas to small houses and apartments in condominiums.

Based on the peculiarities and nuances of Thai legislation, it is best to engage in the selection and purchase of real estate with the help of competent specialists. They will advise not only on the assigned status of a land plot and possible options for the legal purchase of the real estate but will also help to conduct the entire transaction and draw up documents correctly.

Advantages of Koh Samui

In recent years, low-cost condominiums have been actively built on Koh Samui. These projects are very popular with buyers and almost always sell out at the initial stage. Apartments in guarded, serviced residences are in high demand: a foreigner can purchase housing directly in his name; such an apartment is easily rented out and can, if necessary, be mortgaged to a bank or quickly sold at a profit.

The cheapest plots of land on Koh Samui cost $30 per 1 square meter. This price assumes the presence of all necessary infrastructure: a concrete road, electricity, and water supply systems. This type of land on Koh Samui is mainly used for building bungalows for rent. On the island of Koh Samui, such bungalows cost $300 per month, which is affordable for most budget tourists.

Renting houses and villas in Thailand is in great demand among tourists: renting a house on Koh Samui for 2 – 3 bedrooms with a swimming pool costs only $1,500 – 3,000 per month, depending on the island’s area. Exclusive real estate (villas with 4 – 5 bedrooms) on the coast of Koh Samui is much more expensive – from $ 1,000 per day, and at the same time, there is always a shortage of such offers in the high season.

Why choose a property in Thailand

When choosing a property abroad, always remember Thailand, which combines such essential factors as affordability, good ecology, mild climate, political stability, and the well-known friendliness of Thais.

Thai real estate has long attracted the eyes of European investors, and recently foreigners have begun to invest in steadily rising tropical property actively. Owning real estate abroad today is solid and profitable; for example, a good villa or apartment in Koh Samui can bring a significant income if you rent it out.

For many foreigners, real estate abroad is a serious source of income; thousands of Europeans live in Thailand, renting out bungalows, houses, and luxury villas to tourists.

Sale of real estate on Samui to foreigners

Selling real estate on Koh Samui to foreigners is possible when choosing one of the forms of ownership:
Freehold – a standard form of ownership, full ownership;
Leasehold is a form of long-term lease.

A freehold property can be sold by the owner or rented out. By law, foreigners cannot be full owners of a land plot on the island, but the buyer can build a house on the plot, which will be his property, even without obtaining citizenship.

Foreigners can buy real estate in condominiums, provided that they own no more than 49% of the area of this condo. Usually, to buy property in Koh Samui, buyers turn to real estate resources like Thailand-Real.Estate for help.

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