It makes a huge amount of sense to invest in Koh Samui these days. For decades the island has been a holiday destination but now more and more people are looking either to live here or get a serious foothold in the real estate business on the island.
Koh Samui not only boasts stunningly beautiful beaches, it also has the laidback lifestyle to go with them. And more than that it’s no longer a hammock-and-sandals spot. The island now has every kind of amenity and is able to take its place alongside other well-known cosmopolitan destinations.
At the same time, it’s a secure place and has a low crime rate – much lower than many similar destinations outside Thailand. The cost of living is also markedly low. And still further good news, the island, along with the entire country, is a very welcoming place. Koh Samui boasts a sizably expatriate community, one of the largest in the country and continues to grow. The island infrastructure is also constantly improving and new roads are being built, and the future being made as green as possible.
Property prices have risen but remain extremely affordable, especially when compared to many similar destinations in the west. It’s therefore possible to enter into this market with a much smaller budget.
Here at Samui Commercial Services we act as a one-stop property firm and can help the investor in any number of ways. We can help you look for a dream property, whether residential or commercial, or advise you on buying land and then building a property.
Many investors opt to buy a holiday property, perhaps using it as a second home for parts of the year, but at other times letting it out to vacationers. This kind of investment can provide a lucrative return and on Koh Samui, if a property is well-managed, occupancy rates can remain high all the year round, with perhaps a dip in November’s rainy season.
At Siam Commercial Services we can help with all of these aspects as well as ensure that your property is well-marketed and is prominent on social media.
We can even help you look after your guests. We can, for example, simply welcome them and be present for them during their stay, or we can also arrange bookings for you and negotiate on your behalf – ideal if you are present only part of the time, or even none of it.
Commercial properties are also proving very popular as investments. Hotels and resorts are high up on the list when it comes to investment property Koh Samui. The tourist industry here is always reaching for new heights and if you operate a hotel or resort, then you can expect a good return on your investment. Many investors have opted for properties in the hospitality industry and, if well run, they have benefitted from the thousands of visitors who come to the island every month. It’s a similar story for those who have bought bars, restaurants and other commercial property that is aimed at visitors.
There are many projects that will make sense when it comes to investment property Koh Samui. Siam Commercial Services can help you as much or as little as you would like. Since we consider ourselves to be leaders in today’s property market, we can also give you sound advice about the niche that will be best for you.
As with all properties, location is ultra-important and it’s no different when it comes to investment property Koh Samui. The island may be small but it has very different regions. It pays to be aware of the difference between the north and the south, for example. If you draw a line connecting Nathon with Lamai, the part to the north has a considerably greater population than the part to the south, which is definitely the quietest area of the island.
There are also the towns themselves to consider. For example, Chaweng and its environs are very much sought-out by holidaymakers. The area contains the vacationers’ favorite beach, the bay of Chaweng, while Chaweng itself packs a mighty punch when it comes to restaurants, bars and the clubbing scene.
Further to the west, popular Fisherman’s Village is home to a lengthy pedestrianized street that has scores of restaurants, each serving high-quality cuisine.
Lipanoi, meanwhile, on the west coast, is an extended community with a beautiful, long bay. Away from all the crowds, it is favored place for those who wish to have an investment property in a quiet, very relaxed part of the island.
These are just a few examples. There are still other towns to be taken into consideration and the different types of investments that would be suitable for each. If you are interested in investment property Koh Samui, then please feel free to discuss your ideas with us at Samui Commercial Services – we will be happy to help you realize your plans.