Luxury Properties Koh Samui

Koh Samui has gained a reputation as a superb place to invest in a luxury property. When one considers the cost of high-end residences here, they compare very favourably to other, more established regions within Thailand, and are certainly impressive value at the global level.

Within Thailand, however, it is prohibited for foreigners to own land outright. There are a number of ways to circumnavigate this fact, the principle one in common usage is for property purchasers to set up a Thai company. Daunting as this may sound, there are plenty of professionals with years of experience in Thai property law that can advise on a case-by-case basis.

Indeed, investors have been operating in this manner for a number of years. It is worth noting that laws are constantly under review, so it is crucial to keep up to date with new developments. One of the most effective ways to keep informed is by employing the services of a competent local real-estate professional. A good agent will be able to talk you through the complexities of property purchase, and advise on the various legal options.

Whilst the legal situation may put of some potential investors, for those willing to operate within the current criteria, there are ample rewards, as investors see the value of their property rise and enjoy strong rental returns. Presently, most land and house sales are on a thirty year leasehold basis, some with options to renew. Some firms also write provisos into the contract, to benefit clients should laws become more favourable in future. So the overall advise when looking to purchase luxury properties on Samui, is to do your homework, and to find a trustworthy agent.