Homes Koh Samui
Koh Samui has been a popular holiday destination for some years, and the steady demand for second homes, holiday homes and permanent residences has led to year-on year growth in the property market. A significant number of projects have now reached completion meaning there's is now a wide choice of property types available to potential buyers.
Choices include condos and apartments, villas and detached houses. Estate developments are also popular, not only for their economies of scale, but also the communal amenities and security they provide. In addition, rental management schemes make such projects appealing to investors looking for rental yields .
Market analyst’s are waiting for proposed changes to foreign ownership regulations, which may factors such as the length of leases and availability of finance to investors from abroad. Most agents say that rentals and sales are stable following a slow-down in 2007 caused by political uncertainty following a military coup. However, trends are difficult to predict in the current global economic climate.
Improved services and facilities on Koh Samui have led to a significant rise in the number of long-term ex-pats and retirees choosing to relocate to the island. As a result, demand for residential properties remains high and investment in the buy-to-let market continues to expand.
Given the steady upward trend of property values throughout Thailand, with Phuket providing a clear example for future growth, many property agents on Koh Samui are confident that a high-yield return on investment will continue to characterize the market. |