Return on your property investment on Koh Samui
There are generally two different reasons why an investor would like to know about the return on an investment on Koh Samui. They are either interested in purchasing a property purely as a rental investment or purchasing a property that they can use for a certain time of the year and rent out for the time that they are not using it.
The following advice will assist you in making sure that you maximize the return on your investment:
If you would like to see a good return on your investment then you need to invest in a property situated in a popular part of the island. The best locations for rental investments on Koh Samui is in the North Eastern part of the island. Koh Samui International airport, Fisherman’s village and the busy night life of Chaweng attracts many tourists annually and one would be able to have a high occupancy rate with little effort. There are tourists that would prefer the more secluded and quieter areas on the island. There is definitely a market for those tourists but the occupancy rate and return on investment might not be as high.
It is most definitely better to purchase a property with views. Sea view properties rent out much easier and might be easier to sell in the future at a realistic price. When tourists look for a place where they can stay during their tropical island holiday, they will more likely go for a place with great views than a walled in property with no views at all. The views from your property can be a big advantage and might even be the biggest selling point of your property.
Marketing your newly purchased investment property is extremely important. Good marketing ensures high occupancy rates and high returns on your investment. Most of the villa and condominium developments offer rental management services. These services includes marketing and other rental services such as house keeping and reception services. As the owner of a villa or condominium you also have the option to market the villa on your own, by using various online platforms such as Agoda.com and Booking.com. There are quite a few agencies and villa management companies on the island that will manage and market your property for a percentage of the rental income.
Over the last couple of years Koh Samui have become a very popular tourist destination and the demand for rental properties are on the rise. Investors on Koh Samui can expect a very lucrative return on their property investment if managed correctly.