Koh Samui Houses

As mentioned earlier there is a wide variety of choice when it comes to land and houses on Koh Samui, and all the advantages that Koh Samui already has over much of its potential competition, like the airport make it a resilient market. This is likely to be strengthened over the next ten years, as Koh Samui will inevitably be granted City status, giving it control over its own finances, and therefore allowing investment in its own infrastructure and amenities, rather than being forced to share its wealth.  

We have spoken about condominiums, and while they have their benefits, they are still not a large part of the market.

They may offer a easy route to ownership in Thailand, but if you can find the correct partners to work with there should be no reason not to buy land and build a house, or buy a house already built, both can make excellent investments, and the real considerations are the amount of time you have to invest or perhaps how much of a personal touch you feel you would like to put into your project.

While from the outside looking in it may seem that there are many hurdles to overcome with ownership, including political turmoil, most commentators agree that Thailand is the most forward looking country in the region, and making the correct choices when it come to your partners can mean that effectively you can have full control of you land and or home. Koh Samui has had it’s rationalisation in the last year and can now offer many professional companies that can make the whole process here far simpler.

Residential houses present the best value on Koh Samui, they are generally large, comfortable, modern and well endowed with luxury fittings and nice landscaped gardens. Since material and labour are cheap. Houses on Koh Samui are numerous, and long stay residents opt for these rather than condos. There are plenty of houses for sale, old and new, with the current trend being ‘gated communities’. These appeal to the Thai middle class in particular and present a nice modern ready-made suburb.

Many foreigners have chosen to buy/build houses here on Koh Samui. Unlike Phuket, land is readily available, providing property hunters with opportunities for buying affordable stand-alone houses or investing at a housing estate. In 2007 buyers began taking a wait-and-see approach as the new government formulates its policies; on the other hand a trend towards larger low rise condominiums is expected to rise in preference to houses and villas.  Despite the foreign ownership issues in real estate, Koh Samui is still expanding rapidly, thanks to the new Airport.

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