Samui Land For Sale

Koh Samui has seen a huge increase in property development in the last few years as investors and homeowners look to grab their own piece of paradise. Recent land purchases include large areas for future luxury resort developments. Despite the surge however, the tropical island still has many prime plots of land for sale, and prices are surprisingly affordable, especially considering the spectacular locations that many can only dream of.  Beautiful beachside spots nestled amongst coconut trees or lush hilltop locations that look out on Thai Gulf islands that dot the horizon are just some of the reasons why land here is highly sought after.

The first place to look when purchasing land, regardless of the eventual end-use, is a trusted and reliable agency. Thai laws differ from many foreign land ownership laws, including those in regional countries. An agency with an existing land inventory, such as EP Samui, can guide you through the intricacies of the purchasing process, verifying title deeds, and offering solid advice on other necessary licenses to make your investment take form.  Foreigners cannot technically purchase land in their own name, but within the legal framework are openings that allow a foreign national to legally purchase and possess land through various means.  Some of these options include registering a company within Thailand, under which land may be purchased.  Another option allows investors to find land that may be leased, with the provision that the contract will be renewed, thus securing long-term ownership.

As always, buyers must be aware of legal rights and restrictions when purchasing land on Koh Samui.  Right of free access to one’s property without any cumbersome agreements with neighbouring properties will ensure properly allocated electricity, water and the ability to enjoy the island's wider attractions.  The title must correspond with the intended use of the land and the most secure land title certificate is the ‘Chanote’ deed, which guarantees the owner full rights over the land, backed up by satellite imagery. When assessing land vacancies, measurements will be in the Thai standard areas, known as ‘Talang Wah’—equivalent to 4 square metres, and ‘Rai’, which measures 1600 square metres.

The savvy investor will already be aware of the delicate legal nature of purchasing land in any country, and Thailand is no different. Awareness of the legalities will help to prepare the buyer, and a professional agency lie EP Samui can help to ensure a smooth and easy transfer. Rather than a hurdle to overcome, a secure legal agreement will provide peace of mind, allowing owners to enjoy all that this remarkable island has to offer.