Properties Koh Samui

 Prospective buyers looking for a worthy investment are spoilt for choice on Samui, where the market has seen a healthy growth over recent years.  Developers and corporations are moving in, providing a wealth of new projects in the rapidly developing property sector.  The increase in competition has kept quality at a premium, while ensuring a strong future market.

An international airport with direct flights to key Asian cities such as Singapore and Kuala Lumpur has meant an influx of money, producing a surge in luxury developments.  More modest townhouses and apartments have also seen a steady increase, satisfying the local demand of the increasing number of workers in the service industry, and also being a worthy catch for those looking for a more affordable second home.

The island's growth was given a boost when it was granted intermediate city status, which translates to larger funds for improved infrastructure, such as the paving of roads on the tropical island. Improvements in education and medical care are sure to impress future residents, already attracted by the food, entertainment, clubs and societies, especially in the thriving expatriate scene.

Indeed, the number of new non-Thai residents on Samui has increased significantly in recent years, driving demand for new properties.  This healthy market has ensured a steady but moderate increase in housing prices, which is further attracting new investors.   International residents and tourists now all enjoy the attractions and lifestyle benefits on this warm and friendly island.

Whether seeking to relocate or invest on Samui due diligence should always be applied to avoid any unwanted snags.  After clearing these minor hurdles, there is nothing stopping families, businesses and private investors from entering in the growing real estate market on Koh Samui.

 

EP Samui 101

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