Real Estate Koh Samui
New properties spanning the entire real estate sector from condominiums to villas are still popping up on Koh Samui thanks to persistent interest from customers. Drawn to the investment and lifestyle potential on the island, builders have been keen to develop projects in a range of locations. But it is the buyer who really comes away smiling, as there are so many real estate options, including private communities and branded condotels dotted around the island in magnificent locations.
Those looking for a regular getaway or more permanent second home still have plenty of choice on Samui with new developments being offered almost every month. Options of fractional ownership or leaseback investments will suit the vacationer who may not have the means to fully own, or who may only have time to escape to this paradise for a few weeks a year. Villas and low-rise condos often come complete with full maintenance and a professional management team that take care of all the hassle, leaving the visitor the time for the best part of all - enjoyment.
Many experts say now is the perfect time to take advantage of the economic slowdown in real estate, as prices have stabilised on Koh Samui. Both new and used properties can be bought at excellent prices across the island and there is still widespread confidence in the market with builders forge ahead with well-priced options for long-term residents or seniors looking for a spot to relax. Bungalows and condominiums are doing especially well in this sector, with new developments being carefully designed to suit international requirements. High rollers too will find no shortage of top-end villas, many with jaw-dropping views. These sites, perfect for investors and those seeking the truly opulent, offer a taste of the finest that life has to offer and boast cutting edge design and architecture.
The slight slump in real estate prices on Samui has brought renewed interest in development from everyone from smaller developers to larger investors. This is good news for all, as buyers can be choosey, forcing builders to maintain a high level of quality. A number of professionally managed projects are being designed as lifestyle or investment options. Many of these developments bear brand names familiar with the public, offering huge appeal and consistent quality. Speculators have now moved away, allowing a more stable market suitable for any lifestyle. Whether for personal use, for investment, or for mixed use, these properties are well suited to the wise buyer.
As the real estate market grows, so too does the island’s infrastructure. The government has made determined efforts to improve transportation around the island with paving and improved drainage from the roadways now making travelling much easier any time of the year. Fresh water and consistent electricity are now commonplace thanks to recent improvements. Meanwhile, tastes and favourites from abroad are increasingly common on the shelves of supermarkets for an ever-increasing group of expatriate residents.
International standards for safety and service are now evident throughout the island and with transfers even easier than before from an international airport serving major Asian cities, Koh Samui is more accessible than ever. As property developments continue to appeal to all budgets and lifestyles, the island is fast becoming the spot for investing, retirement, or for a completely new career and lifestyle.