Koh Samui Luxury Apartments

Issues regarding the foreign ownership of land and houses in Thailand, combined with steep rises in the price of land, have prompted an upsurge in the development of apartment and condominium units on Samui. As developers move away from villa construction, high-end apartments are becoming an increasingly popular choice, particularly for buyers with their eye on rental yields. Condominiums can be purchased by foreigners outright as ownership rules apply across the building, so the standard 51% rule applies to the entire property rather than individual apartments. This makes a luxury condominiums appealing to buyers in terms of simplicity, investment security and cost.

Many of the new apartment developments on Samui offer an impressive range of resort-style amenities including on-site restaurants, spas, fitness centres and clubhouse privileges. Most condominiums are also managed and maintained by a professional company, which also takes care of generating income through rentals in the owner’s absence. Because of the added amenities, luxury apartments represent an attractive option for vacation rentals, especially for smaller groups couples or singles.

On Samui, laws dictating the height of buildings mean that condominium units are generally low rise complexes. Many are designed to blend with the tropical location, but are also situated close to the island's amenities and attractions. As well as top-end facilities, luxury apartments usually come with added services such as cleaning, laundry and a concierge assistance.