HOUSES FOR SALE IN KOH SAMUI
The island has a good real estate market with experienced and reputable agents offering houses for sale in Koh Samui. Although Thai law prohibits foreigners from owning land in Thailand, structures have developed to enable foreigners to effectively own land, and still comply with existing Thai laws in order to buy houses for sale.
A separate option is a leasehold agreement. This latter option has become increasingly popular and normally includes the option to extend the lease and renew the contract when the initial term is up.
Because laws surrounding land and houses for sale in Thailand can seem complex, it is advisable to thoroughly research the exact legalities with a reputable law firm that specializes in property and land sales. Due diligence must be carried out, leasehold/freehold documents checked and title deeds must be crosschecked before going ahead with any purchase of houses for sale in Koh Samui.