Land For Sale SamuiThe
coast and interiors of Koh Samui seem to be increasingly dotted with more and
more residential developments, but there is still a good deal of great land
available for sale, both on the beach and up in Koh Samui’s mountains, which
provide great views of the nearby islands in the Gulf of Thailand.
As
increasing numbers of global brands, corporations and large scale developers
move in, major land sales are becoming increasingly common, yet smaller plots
are still available and at great prices. This sales boom has in its wake
created a good deal of real estate agencies looking to capitalize on a growing
market. Many of these agents are building their land bank and the more
professional operations like EP Samui provide valuable assistance with all
paperwork and legalities, as well as informed guidance for investors.
Although
under Thai law foreigners cannot own land, there are a number of workarounds
that make it safe for foreigners to buy and own their own slice of paradise.
These include long term leases and setting up a registered Thai company to buy
the land. As with buying property anywhere, however, there are some issues that
come with buying property on Samui, such as dealing with nearby landowners or
setting up electricity and water connections. Land is usually measure rai (1600
sqm) and in wah ( around 4 sqm). The safest titles are those issued as
“Chanote” titles by the local land office, which are measured and marked using
GPS technology to set firm boundary lines.
Buying
land on Koh Samui can be a somewhat intimidating task, especially for first
timers, but it is no more difficult than in most other places and a
professional agencies like EP Samui mean there is always someone available to
help out with difficulties. As long as one is careful and makes sure things are
done correctly, owning your own piece of the tropical paradise that is Koh
Samui is a very achievable opportunity, and with ocean views and top of the
line shopping and dining on offer, it is well worth the effort.
|