Koh Samui – An Ideal Island For Real Estate Investors
Why Invest In Real Estate in Koh Samui?
Koh Samui is a captivating, mesmeric, and multicultural island, where you find lush green landscapes and breathtaking coconut-loaded beaches. The beautiful Thai island is not only a must-visit destination for visitors but an ideal location to invest for real estate investors.
The tropical island has all the requirements of a developed destination, including excellent healthcare, education, and a world-class airport. It has also recently upgraded its infrastructure, due to which Koh Samui is catching the eye of many investors from all over the world. Investors from Europe, Asia, and Australia are drawn towards this wonderful island due to better ROI rates, low taxes, and low prices (as of now).
If you are looking for the right place to invest in the Samui real estate for a brighter future, this island offers many profitable ventures.
But how is this island best for real estate investors? The answer to this question is simple and straight; Ko Samui proposes many gains. Let’s analyze them individually.
Perks Of Investing In Koh Samui
Koh Samui is emerging as the second most progressive island for real estate development. No wonder it has recently been secured by many wealthy, big hotel groups such as Le Meridien, W Retreat, The Four Seasons, Conrad Hotels, and most recently, the Ritz-Carlton. They have all invested heavily to develop their luxury hotel chains in Koh Samui. Not to forget, all big food chains are rapidly opening their outlasts here.
It’s simple; the heavenly island has become a top-most tourist and expats destination for the internationally wealthy and affluent with boasting over 150 deluxe hotels and spa resorts, countless first-class restaurants, and two 18-hole championship golf courses.
This transformation of Koh Samui has brought a change in the international real estate market. Here is why it is profitable for international real investors to buy property in Koh Samui.
Samui Safest Place To Invest Your Money In
Koh Samui ranks among the safest places to live in as the crime rate here is surprisingly low compared to even many developed European countries.
Not only that, but it is environmentally safe as well. According to the environmental building laws of this island, you are not permitted to construct a building exceeding a maximum of 12 meters in height. This strict law prevents Ko Samui from becoming a high-risk city like Phuket and Pattaya.
These elements of safety assurance are what real estate investors look for in international property, especially when investing in an island.
Ideal For Travelers With Every Budget
State of the art and cheap accommodation with a wide range of cultural, entertainment and sports possibilities allure tourists from all over the world. Because of these advantages, it would be highly profitable for you to buy real estate in Koh Samui. From budget-friendly apartments to luxurious villas, this five-star heaven island offers properties for every budget, whether you are an investor or a tourist.
Another factor that makes this island attractive for people on a budget is the arrival of the International Airport with direct flights. It has now become more convenient to travel to Koh Samui, with hourly international airlines and budget airlines from as little as $25 from Bangkok and then with a ferry or speed boat to the island.
Inexpensive Investment Location Compared To Other Islands
When you compare Koh Samui to other islands like Phuket, you will find land prices to be relatively inexpensive. A Koh Samui property is half the price of Phuket right now.
Another secret of Koh Samui’s success is its incredible overall value, compared to other holiday destinations. This Thai Island has longer high season periods than most other islands in Thailand and can therefore deliver some excellent returns through the luxury property rental market. The superior returns that can be achieved through the luxury property rental market are 8-10%.
A Self-Governing Island
In 2012, Koh Samui became locally self-governing, which has improved its infrastructure such as better schools, hospitals, and transport together with leisure facilities such as golf courses and cinemas. These improvements have made the island more appealing to live for immigrates, especially retirees. This factor has also impacted the Koh Samui property market positively.
Taxes Are Very Low In Koh Samui
The Global Property Report states that Thailand’s property market has shown annual growth of 5 to 10% from 2016 to 2020. This is because the land taxes are very low in islands like Koh Samui. It is easy to predict that a solid investment in the Koh Samui real estate will bring uncountable gains to the investors as the luxury property market in this island has continued to grow rapidly since 2013.
Buying Real Estate Koh Samui Is An Opportunity You Must Not Miss
Thailand’s Ministry of Finance has recorded economic growth of 1.3% in 2017, which is higher than the estimated growth of 1.2%. The rising economic growth rate along with perks like attractive ROI, low taxes, low property prices, high safety, and the excellent capacity to earn with the ever-increasing influx of tourists make Koh Samui a bright opportunity for real estate investors to buy property here before it’s too late.
Contact +66 922 65 67 41
In simple words, now is the time to invest in Koh Samui real estate- The best currency exchange right now(euro/baht=39).