Samui Land For Sale
As Koh Samui has matured and become one of the most popular tourist destinations in Thailand, the island's hospitality and property sectors have become more focused on the high-end segment of the global market. Many of the world's most prestigious hotel chains have built world-class resort properties and a number of smaller individual investors have also awoken to the great investment potential on the island, building extravagant provate villas and luxurious low rise condominiums.
One of the attractions for both local and international investors is the strong good return on investment achieved through both land and property purchases. The third largest island in the country, Koh Samui still had plenty of unused land for sale in excellent prime locations. International developers have also built a number of impressive villa developments on the island and the proliferation of high end private villas means the demand for land and houses is high.
Whereas prime land is getting increasingly difficult to find on for example Phuket or Pattaya, two of Thailand's other popular investment destinations, Samui's size and topography means that plenty of land plots still offers great value for money. The area around Chaweng beach on the west side of the island has traditionally been the most developed part of the island and land around this area is likely to be priced higher than elsewhere. However, select plots still remain, and if investors are prepared to pay a premium they get great infrastructure, good connectivity to the airport, and proximity to the island's most popular entertainment and shopping spots in return.
Further north towards the quaint fishing villages of Bophut and Maenam investors enjoy a more quiet and secluded experience, often at slightly discounted prices when compared to the Chaweng area. Bophut is also popular for its charming beachside road, which boasts an attractive collection of boutique hotels, scrumptious seafood restaurants and great shopping. Some of the island's best Italian restaurants are also located there, as well as an excellent steak house. The entire north strip of the island, between Bophut and Maenam still offers some excellent investment potential.
Foreigners are not officially allowed to own land in Thailand, but there are ways to legalise a land holding. One popular option is to set up a Thai company and let the holding rights belong to that entity. There are several other options, but the rule of thumb is to conduct thorough research and due diligence before committing to a plot of land on Samui. Problems with land titles have in the past scarred the island's reputation, but hiring a professional law firm and professional agent goes a long way in avoiding any unwelcome surprises. Companies like EP Samui can assist investors understand the rules and regulation that applies as well as finding the best investment deals.