We don’t know for sure but we have an opinion. Whilst we cannot justify the explosion in rental prices we do fully understand “Supply and Demand “at Dream Makers Samui.
The combination of the War in Europe and China unleashing the “Traveller” in our opinion will not see a pullback of any significant amount until Mid 2024 at the earliest. What happens when Dubai’s recent influx of westerners experiences 50-degree temperatures?
We see two seasons for Koh Samui rentals going forward. High and high. Fix longer term and negotiate as best you can.
Sales
Covid is dead. Long live the villa Owner! A finite supply of quality luxurious villas and land is the key factor.
Tougher building regulations. Government incentives to welcome and ease the “ownership” of land and villa purchases throughout Thailand. An influx of digital nomads and Crypto wizards.
Stunning Beaches and an obvious development in the process to become a “Culinary Heaven”. And lastly the most important factor of all – affordability. Voted by “International Living 2023” The 9th Best Place to Retire in the world.
We make the bold prediction
That the luxurious new villa market located in “Prime Samui” locations will return a 75-100% premium on a 4-5 year view.
Koh Samui: The only way is up!