In the past two decades, Thailand's economy has gone through a rapid growth spurt, which is as a result of their exports and private consumption. Thailand's Ministry of Finance recorded economic growth of 1.3% in 2017 Quarter 1. This was quite higher than a previous estimate of 1.2 percent growth.
Koh Samui is one very popular tourist destination in Thailand. Tourists from all over the world love to visit this beautiful Island due to its state of the art and cheap accommodation together with a wide range of cultural, entertainment and sports possibilities. Because of these advantages, buying real estate in Koh Samui is seen as a very profitable venture. There are a lot of luxury properties in Koh Samui for you to make your choice from.
Currently, Koh Samui is making it big from its ascending real estate market because of the rising number of tourist who chooses to come to the Island for their holiday and the plenty business start-ups that are now modernizing the Island. People who come to Samui are those who prefer a balance between luxury accommodation and unspoiled nature. This post will highlight some reasons why buying real estate in Koh Samui is an opportunity that will benefit you.
You can find Koh Samui approximately 750km south of Bangkok in Thailand's Gulf. It has moderate weather throughout the year, even when other parts of Thailand are having a clear wet season. This is a very good advantage because Koh Samui is an area that has protection from tsunami threats. It's is due to its position in the Chumphon Archipelago which is only an hour flight away from Bangkok. The inhabitants of Koh Samui are about 40000, and about 85% of them are of the Buddhist religion.
The Island is mostly inhabited by locals, but due to rapid business expansions in Samui, Koh Samui is almost near exceeding Phuket as the second-largest business center that Thailand has after Bangkok. This growth may lead to a continuous and constant rise in real estate prices as more and more expatriates attracted to the country are deciding to buy luxury properties in Koh Samui as a retreat destination.
It is positioned in the center of South-East Asia, and for this reason, international investors from Asia & Europe or the US are now interested. The Island, Koh Samui has an international airport controlled by Bangkok Airways, and this is in addition to the good internal road infrastructure that allows transportation by bus or car.
There is no regret in buying real estate in Koh Samui, one of the most popular islands ever, and its popularity is still increasing. Real estate specialists have made estimates that the Island will develop more and grow eventually into a chic and lavish beach getaway. This will affect property prices and the cost of accommodation, and this is why you should purchase luxury properties in Koh Samui now.
The scenery is so beautiful, and as a result, quality services and the need for costly services has made the real estate market in Koh Samui to have a short vacancy cycle.
Apartments have decent rental prices ranging from 900THB ($25) - 2000 THB ($60) / night. This means if you invest in real estate in Koh Samui, you'll be earning a good passive income. The cost of rent for luxury villas include 2500 THB($80) and 25000 THB ($720) and getting one will mean paying way less than you would for a typical property in Europe or the US.
You can get a beautiful house with a beachfront view for a price of 2,5 mil THB ($70k) up to 75 mil THB ($2,5 mil). These villas can come with a private gym, a dedicated conference room, a private library, a private pool and a big surrounding with plenty of space for gardens cooked with the thrilling scenery provided by the Island.
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Koh Samui is your best bet if you really want to own a fascinating property with all the good things of nature. It is a simple paradise that gives you all the pretty things in life and providing you with an escape from the chaotic city life. Buying a property on this Island gives you the feeling of having heaven at your reach where you can enjoy your life and savor life's small pleasures. Koh Samui is a place with elegant properties and breathtaking beauties
Properties in Koh Samui is currently high because the Island gives you the chance to witness stunning manmade, natural and cultural beauties. Fine places include Hin Ta & Hin Yai, Na Muang Waterfall, Ang Thong Marine Park, Tiger shows, Wat Khunarum, and the big Buddha temple. Visitors to the Island attest to their irresistibility. There are a lot of extravagant villas, apartments, and hotels.
Every year, there is an improvement in the luxury, sophistication, and state of the art status of the apartments, villas, and hotels being built on Koh Samui.
On this island, life has become a combination of style and natural creativity. Going on a brief tour around the Island will expose you to world-class spas, beautiful resorts, and impressive dining places. You can also participate in a lot of activities like boat tours, fishing, elephant trekking, and water sports. The properties springing up on Koh Samui are very modern.
Whether you are interested in buying real estate in Koh Samui or renting luxury properties in Koh Samui, you'll be very impressed with the very luxurious and excellent constructions that are among the best in the world. Everything is stylish and extravagant, starting from settings, architecture, amenities, and even the furnishing. There is also a big plus, the luxury villas you rent in Koh Samui are properly furnished and fitted with modern technology and appliances. All you need to do is move in and start enjoying your perfect exotic beach escape.
If you are always interested in unearthing new and amazing cultures, then this is for you. Koh Samui's remote location in Thailand accounts for its authenticity and the preservation of the original Thai culture. You can participate in this fascinating way of living and share in the uniqueness of every moment by buying a property.
Koh Samui also has a lot of restaurants, and you get to choose from a lot of cuisines starting from French to Asian, Italian, and even original Thai. Many of the Island's best fine dining restaurants are Treetops in Chaweng, Zazen restaurant in Surat Thani and Chez Francois, in Bophut. Thai dishes are mainly interested in blending different sharp base aromas and spicy ingredients and can combine a minimum of four taste senses in every dish.
The HORECA and the real estate market in Thailand are leaping from bounds to bounds and becoming increasingly competitive. This means that there is also a corresponding increase in the number of skilled construction companies coming to develop top-notch residential and hotel resorts with their building experience. There is a very high chance of discovering a good investment opportunity because the market dynamics and demand/supply ratio is never constant.
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