What makes Koh Samui real estate a good investment opportunity?
It is well known that Thailand is one of the countries that have been growing rapidly in the past two decades. This actually shouldn’t come as a surprise considering that the country has numerous investment opportunities, and especially when it comes to real estate property. There are also a lot of islands in Thai that offer good investment opportunities, but there are also unique reasons why Koh Samui outshines them all.
Why koh samui?
When it comes to real estate investment, Koh Samui is one of the most sought after island in Thai. The modern accommodation with competitive prices is one of the things that attract tourists to the island throughout the year. There is also a wide range of entertainment activities that tourists can participate in. Koh Samui Island can only be accessed by a plane or a boat, there is no bridge connecting the island to the mainland. This makes Koh Samui a quiet island which has been able to maintain its natural beauty, unlike other islands in Thai that have already been exploited. These are just but a few reasons why Koh Samui has attracted many property buyers. It is actually an island where you can be sure that your property investment will be profitable. So if you are yet to decide whether it is a good idea to invest in Koh Samui real estates, then the answer is very simple- it actually is!
Currently, the real estate business is on the rise in Koh Samui and this is mainly due to two reasons; the high number of tourists that visit the island during the holidays and the increase in the number of business ventures that are making the island more modern. It is one of the best destinations to consider for those who need a place that has unspoiled nature and a bit of a modern lifestyle.
Property investment opportunities in Koh Samui
Koh Samui is located on the southern side of Bangkok, about 750 km from the city. The island experience moderate weather all year round. This gives it a plus when compared to other islands in Thai that have wet weather conditions throughout the year. It has a manageable population of about 40,000 people, most of them from the Buddhist religion.
In the past few years, majority of the population were locals, until recently where business activities led to the expansion of the island. As a result, many foreigners now live, work and have businesses on the island. Koh Samui is currently expanding rapidly, and it is ranked as the third largest business center in Thai after Phuket and Bangkok. Most foreigners who relocate to Koh Samui decide to invest in Koh Samui real estates. As a result, real estate property prices are expected to steadily increase. The island attracts international investors from Asia, the United States and Europe. Besides having its own international airport, the road network on the island is also good. This makes it easier to travel by bus or car on the island.
Koh Samui property value
According to statistics, Koh Samui real estates increase in value by 15-20% per year. This means that investing in Koh Samui property now is one of the best decisions you can ever make. There is a wide range of real estate property to buy in Koh Samui, from the small apartments all the way to sumptuous villas. Before you find a house to buy in Koh Samui, ensure that you can have a glimpse of the outside view. This is because properties with the best views have higher chances of being resold at a greater price.