Key Considerations when Investing in Koh Samui Property
It has to be said that when it comes to selling a location to a purchaser that Koh Samui, with its good looks and effortless charm, does all the work. From Thai buyers to expats and foreign investors living abroad, the attraction of Koh Samui for property buyers is plain to see. The island is stunning, the standard of real estate for sale in Koh Samui is extraordinary and the price tags are varied enough to widen the market. On top of this, Samui’s ever-present tourism allure means that returns on investment are real in the vacation rental market too. From relocating to purchasing a holiday home or a property to rent out to holidaymakers, there’s a lot to consider when investing in Koh Samui property.
Look at comparable prices in each area. While Koh Samui is an island, each neighborhood on the island has it’s own identity. Another price influencer is location. Those properties with prime positions next to or overlooking the beach are generally a lot more expensive than villas further back. However, consider other factors such as privacy too. A villa overlooking the sea that’s private may be worth more in terms of holiday-rental appeal, for example, than a property right by the sand that’s overlooked and more exposed to the passing foot traffic of tourists.
If you’re looking for a property to buy on the island then you may have a clear idea about your budget. What you really need to look carefully at is what you can purchase for your money. A smaller villa may be less expansive than a grand three-bedroom apartment, for example. Yet, a key consideration is that the price-to-plot-size and price-to-property-size ratios aren’t necessarily the main factor that denote true value. Location is paramount, as is the view, and architectural features along with interior design have to be weighed-up too.
Experiencing tropical-island living or a Gulf of Thailand vacation is all palm trees, blue seas, soft sands and sunshine, not to mention spa treats, incredible food and chilling out in style. With this in mind, a big consideration has to be the size, quality and features of any outdoor space. With a condo unit this could be a wide balcony overlooking turquoise seas. When it comes to a villa. you may consider a terrace with al fresco dining, lounge seating and infinity pool to be worth more than a bigger property.