Koh Samui House
The property market on Koh Samui has seen significant growth over the last few years. The island has developed a lot in terms of infrastructure, services and the quality of lifestyle choices available and this has made it an attractive residential destination as well as a popular tourist haven. Improvements to public facilities, combined with better construction practices and more professional legal support have done much to boost investor confidence in Koh Samui. A rapid increase in the range of properties on the market, better buyer security and an increase in subsidiary services have all helped the island build a strong reputation in terms of international property investment.
Although global financial concerns have caused a reduction in sales volumes over the last few years, new properties are constantly being built in various locations around the island. Mid-range options now include low rise condominiums in serviced apartment buildings and private homes in small residential communities built around a shared swimming pool. These properties are popular with retirees, as well as investors that split their time between Koh Samui and their country of origin.
At the top end of the market, house prices on Koh Samui also compare favourably with similar luxury options in more developed destinations. Management companies offer a range of marketing and maintenance options to help their clients generate solid rental yields. This allows buyers to consider a two tiered strategy of continuous income, plus capital appreciation, which can add up to a substantial return for those with a long term approach.
In terms of location, the south west coast of the island is now a popular choice for buyers of exclusive residences. Cash rich investors from around the Asia region have already built a number of sophisticated properties in this part of the island, which is known for its unspoiled scenery and quiet beaches. The wide range of options for investors, combined with improvements in build quality and a constantly improving suite of island services and supplies, have allowed the real estate market to establish itself on Samui.Diversity creates opportunity and allows owners to choose a combination that suits their financial and lifestyle need, mixing their own personal use of the property with rental options to ensure the maximum benefit from their asset.