Why you should invest in Koh Samui real estate
When we talk about the best holiday destinations in the world, we can’t complete the list without talking about Koh Samui. Thanks to its island destination and unexploited nature, Koh Samui attracts thousands of tourists every year. The increase in the number of tourists has also led to high competition in the real estate market. Most Koh Samui property buyers come from Hong Kong and Britain, but the island has also attracted a good number of Asian, Australian and European investors.
After Hong Kong and Phuket, Koh Samui takes the third position for the best places in Thai where you can invest in real estate. Compared to Phuket, Koh Samui has been able to retain its attractive island charms and up to now, there are many parts in Koh Samui that are still unexploited. This is one main reason why finding a house for sale Samui best decision you can ever make this year. The island also has direct air links to Singapore, Hong Kong and Kuala Lumpur. Samui International Airport handles more than one million travelers on a yearly basis, and the number is expected to increase with 3 additional routes to China.
Koh Samui is one of the few islands that are known to have a traditional and modern taste at the same time. There is a wide range of luxurious property on the island, which is also known to have natural beauty. You can get everything you need to make your life comfortable in Koh Samui, yet you can still get that traditional feel from jungle backdrops the white sand beaches. There is a law in Koh Samui that prohibits buildings from being constructed above 12 meters high, and this has helped protect the islands natural environment.
When it comes to infrastructure, Koh Samui is also advanced. The island has a good number of hospitals, schools, transport links and even leisure facilities like cinemas and golf courses. This has led to an increase in the number of investors, which has a positive impact on property prices. Thailand’s property market is expected to grow by between 5-10% BY 2020. Another good reason to look for a house for sale Samui is the property value. When compared to other travel destinations, property prices in Koh Samui are competitive.
Another important thing you need to know is that it is legal for foreigners to own property like an apartment or villa in Koh Samui. The good news is that Koh Samui property is very affordable. With the help of a Koh Samui real estate agent, you can easily get a house for sale Samui that suits your budget and preferences. For property buyers, there is also an option of renting out the property, which means additional income at the end of the month
In summary, there are quite a number of good reasons why investing in Koh Samui property should be one of your top priorities. First, Koh Samui is a tourism hub, and the demand for houses and apartments is on the rise every year. One of the largest airports in Thailand is also located in Koh Samui, making it easier for people in Asia and other parts of the word to access the island. A lot of natural land in Koh Samui is protected from exploitation by the government, which means that the value of the available land is always increasing. Rainy seasons in Koh Samui last for only a month, and the remaining eleven months are welcoming for tourists to visit. Compared to other islands like Phuket, there are also risk chances of natural disasters on the island.