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7th Koh Samui Regatta, 1-7 June 2008


Koh Samui Property

 

Koh Samui is yet to become the ‘hot property’ that Phuket or Pattaya is, but it does claim to be one of the most liveable islands in Asia. On the whole property in Koh Samui is considerably cheaper than other major Islands in Thailand.

Real estate on the island is still widely advertised, mainly through a network of private, joint venture developers and agents. More recently, sophisticated international developers have begun to invest large sums in Samui, actively targeting wealthy foreign and regional buyers. Many of these developers have built high-end residences within full service gated communities that allow their buyers to supplement the value of the property with a regular income from vacation rentals. Beachside villas command the highest prices, with sums as high as 3 million US Dollars already paid for the best properties.

Buying property on Koh Samui is a surprisingly rewarding option, since money goes such a long way here and there is plenty of choice. You may not get the jet set crowd of Phuket, but the island is proving popular for owner-occupation.

There are also now several mountainside developments that offer the added advantages of privacy, as well as stunning seascapes. A number of stand-alone luxury villas are still available, with the more reputable agents offering professional management contracts and further opportunities for rental income. At the budget end of the market there are plenty of smaller bungalow-style developments on Samui. There are often built around a shared swimming pool with one and two bedroom properties available for as little as two million Baht.

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