Koh Samui real estate advice

Koh Samui has been one of the rising stars for real estate investment in Thailand. Not surprising when you think of the tropical island location, twined with the ability to support infrastructure such as an international airport. It is also very near to attaining City status, which will give it autonomy to spend it’s own revenue, as opposed to funding the Suratthani region.

While still probably not as sophisticated as the Phuket real estate market, it has all the advantages needed and has attracted many agents and investors alike. Samui has obviously suffered the downturn that followed the coup, but this has really only served to rationalise prices that were increasing very quickly. This means that now with the elections a week away (at the time of writing) we a poised for another boom. Samui has remained good value, especially with in the high-end market, and those who have kept the faith are now able to take advantage.

The Koh Samui real estate industry has grown very confident in recent years as this paradise island has prospered and produced an ever increasing Thai middle class. The other major trend to affect property in Koh Samui is the noticeable influx of foreigners choosing to settle in Koh Samui. It is generally regarded as cheaper, less touristy and less congested than Bangkok or Phuket.

The Samui commercial property sector has also grown in the last 12 months, as more people have arrived on the island from the mainland with Thai consumers and foreign residents creating new retail opportunities for both Thai and international firms. Major chains have joined boutique malls and now offer a wide range of products and services to an increasingly sophisticated international clientele. The island is now a bustling commercial tourist destination, but still boasts stunning scenery and secluded beaches in some of the island’s less visited areas.

The Koh Samui friendly climate and relaxed lifestyle makes it one of the most popular destinations in Thailand. This, in turn has sparked serious growth in the property sector over the last few years and despite recent bad press Koh Samui is still a good value option for investors, especially when it comes to high-end properties. However, the market is still unpredictable and recently suffered a slump due to land-encroachment scandals and stricter controls regarding foreign ownership.

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