Samui Properties for Sale
The property market on Koh Samui has changed dramatically over its relatively short history.
After becoming a top tourist destination in the 1990s, properties for sale on Koh Samui initially were bought by speculative buyers looking for a return on their investments. Today the market has matured considerably and most buyers are now looking for a second home or lifestyle purchase.
With the property market becoming more reliable and the big booms of years past seemingly over, this tropical paradise still has a great deal of units coming online with views of its beautiful beaches and gorgeous mountains. The quality of construction is high, and prices are fairly affordable, especially when compared to similar properties elsewhere in the world.
A good deal of the demand for Koh Samui properties has come from foreign buyers, resulting in an increase in the expatriate population as well as the emergence of many professional and reliable property management agencies such as EP Samui, who can guide clients through every step of the purchase process. Services range from help with paperwork and bureaucratic issues to management and maintaining a property, as well as finding renters to occupy the home or condo when the owner is away. These agencies are especially helpful in the early stages of purchasing a home, where they can provide extremely useful information about navigating the red tape of foreign property ownership laws. On paper, foreigners in Thailand are restricted when it comes to owning property, but there are a number of options and technicalities that can be used to make sure your piece of paradise is safely registered in your name.
When it comes to purchasing a property, buyers on Samui are truly spoilt for choice. Many units can be found in some of Koh Samui’s well-maintained private residential communities, usually situated on prime plots of land and providing tenants a gated neighborhood with expat neighbours. Some of these communities also boast world class facilities and amenities, creating something of a resort type atmosphere. If this doesn’t appeal, the island is also filled with state of the art stand alone villas, constructed to the highest quality and featuring additions such as private pools, stylish interior designs, and advanced security systems. Condos are now becoming more plentiful as well, and for those looking for something a little less expensive and perhaps more “local”, modest bungalows can provide an exotic and inexpensive escape.
Whatever type of property one is purchasing, it is strongly recommended to utilize the services of Koh Samui’s property agents. Competition has made these firms increasingly professional, reliable, and also good value. It is important for buyers to do their homework and make sure they are using a proper firm. When done correctly through companies like EP Samui, buying property on Koh Samui is a rewarding experience and it won’t be long before you too can enjoy the island in your very own home, villa, or condo. Although there are some legal issues to be overcome, most buyers will recognize that buying in Thailand is really no more difficult than buying in other destinations. With beautiful beaches, lovely weather, and friendly locals, it’s easy to see why buying property on Koh Samui is as popular as ever.