PROPERTY IN KOH SAMUI
Koh Samui, one of the most beautiful islands in the Gulf of Thailand, embodies all of the idyllic charm of a tropical destination. With its short monsoon season and just one hour from Bangkok it is a hotspot for tourists in Asia and worldwide. Boasting good medical facilities, international schools, supermarkets and shopping centre’s it’s easy to see why owning property in Koh Samui is a sound investment.
Ex-pats and retirees are choosing to make Samui their second home because of the improved infrastructure and first class service industry on the island. This has prompted more Samui property investors to buy as they can find everything from high-end luxury villas to small townhouse communities built specifically with young families in mind. With lower cost per sqm in comparison to most other areas in Thailand, along with relatively low maintenance costs, the island has experienced a steady interest from international investors.
Despite a slight rise in property prices, buying a property in Koh Samui, Thailand, it is still comparatively cheap compared to investing into property in Europe or other areas of Asia. It has also benefitted from recent City status where the Government has provided more funds for improvements to roads, water & electricity supplies on the Island.
With an increasing sense of community amongst the Islanders and the set up of social groups, industry associations and facilities, moving to Koh Samui is a smooth transition from West to East. Most Ex-pats are not granted residency but with relatively easy visa and tax laws living here on Samui is straightforward, providing you seek the proper legal advice.