Why Purchase Real Estate in Ko Samui?

What justifies Koh Samui property ownership?

Koh Samui is a fascinating, alluring, and multicultural island with lush scenery and coconut tree-lined beaches.

The island currently has a wide range of lodging alternatives, including apartments, condos, and luxury villas in addition to traditional Thai bungalows, boutique resorts, and five-star hotels.

The island is exceptional in many ways since it provides all the amenities of a developed location with recent infrastructure enhancements while retaining the authentic atmosphere of a small tropical island.

Samui is isolated and protected by the oceans that surround it, and because of its size, you are typically never far from the sea, unlike the larger island of Phuket, which is connected to the mainland by a brief bridge.

Environmental Building Laws: According to the severe local building regulations, buildings may not be taller than a maximum of 12 meters.

Due to this, the island has avoided developing into a metropolis of skyscrapers like Pattaya or Phuket. This has greatly helped to restrain overdevelopment and preserve the ecosystem.

Actually, the better question is: “Why not invest in Koh Samui?”

At first, investing in a foreign nation may appear like a daunting task. There are potential but foreseeable risks, as well as significant emotional and monetary benefits, whether you’re looking to purchase real estate in Koh Samui as a rental investment, vacation house, or to relocate or retire. This manual is offered as a “tool-kit” to make sure your purchase goes as smoothly, effectively, and affordably as possible.

An Overview of Samui

The Chinese word “saboey,” which means “safe haven,” and the Thai word “Koh,” which means “island,” are combined to form the words “Koh-Samui.”

Chinese and Malaysian fisherman and traders first came across Samui hundreds of years ago. They were attracted by the island’s natural beauty, plenty of fresh fruit and fish, and numerous quiet, hidden bays.

The island, which is approximately 228 km2 in size and only has 63,000 inhabitants, is sheltered in the Southern Gulf of Thailand. This makes the island more desirable because it is easier to handle than other popular tourist destinations.

Though it has won countless honors and currently boasts the best 5* resorts and luxury residences in Koh Samui, some people still think of the island as a rustic tropical outpost.

Celebrities and travelers from all over the world come here to enjoy its seductive charms and secret getaways.

Koh Samui is rapidly evolving into a truly upscale vacation destination with over 700 resorts and hotels, two championship golf courses, and international hotel brands including Four Seasons, Hyatt Regency, and the Kaya at Bophut Hills.

Affluent tourists and home buyers from all over the world are drawn to new international luxury resorts and real estate developments!

Currently, Hong Kong expats, Europeans (although UK buyers have decreased since “Brexit”), particularly French buyers, Middle Easterners—specifically Israeli and Dubai—South East Asians—including Singapore & Malaysia—and Northern Asians—including Russians, Chinese, and still some Australian investors—are the top buyers of real estate on the island.

As Samui’s accommodations and entertainment have expanded, as have its investment hubs of Plai Laem and Chaweng Noi, there has also been a discernible rise in the number of older, wealthier tourists and investors visiting the island.

Since the addition of direct flights from China to the international airport, the number of visitors from Asia has also steadily increased. With hourly international and low-cost flights from Bangkok to Surathani starting at $25, traveling to Koh Samui is now more convenient. Travelers on a budget can also take a ferry or speedboat to the island.

The island features a highly regarded international educational system, world-class hospitals, world-class shopping, and an award-winning airport.

It is now more viable and desirable to reside there as a result of all of these. The fact that many investors now favor it has a beneficial effect on property values.

Samui is still reasonably priced from an investment aspect when compared to countries like Spain and Portugal, which have traditionally been the most well-liked investment destinations for European purchasers. When you contrast Samui with Singapore and Hong Kong, where the cost of land is substantially higher, this value becomes even more clear.

One of Samui’s success factors is its outstanding overall value when compared to other vacation spots. Because the island’s high season runs longer than on most other Thai islands, the market for luxury property rentals can offer some exceptional profits.

Due to their rapid price hikes, many other alternatives only offer 4-6% yields, which makes Koh Samui a viable option.

The infrastructure, seasoned market, and new environmental building laws make Koh Samui real estate investment safer than ever.