Real Estate in Koh Samui
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Property type: Villas
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Rooms: 3 bedrooms
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Property type: Villas
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Rooms: 3 bedrooms
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Property type: Townhouses
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Rooms: 2 bedrooms
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Samui real estate - features and advantages of buying a home on an island in the Gulf of Thailand
Samui is a small island in the Gulf of Thailand. It belongs to Thailand and is part of its province called Surat Thani. Among the islands belonging to Thailand, Samui takes second place (the first is Phuket).
The real estate market here is remarkably developed, and housing agencies work well.
Real estate in Thailand Samui - tourism is the most important factor that attracts foreign investors
Housing is sold very well on Samui, thanks to the relevant agencies. They, and subsequently - investors, are attracted by the well-developed tourism on the island. Tourism is the primary source of income for Samui. And the factors influencing the popularity of Samui among vacationers are several:
- There have been no natural disasters in the history of observation. We are talking about floods, tsunamis, earthquakes, and hurricanes. Accordingly, Samui's housing will be intact and safe. This is already a plus for investors.
- There are many beaches and mountains in the center of the island. These natural objects are attractive to tourists.
- Samui has historical monuments, a huge aquarium, and a zoo where tourists can pet tigers.
And where there are tourists - there are investors who are ready to invest in the purchase of housing for further profit.
Samui real estate - how much it costs, as well as other factors that are important to investors
Before buying a home in Koh Samui, investors need to understand how soon and what kind of profit they will get from it.
Firstly, one needs to know what types of accommodation are available on Samui:
- townhouse;
- villa;
- apartment.
Secondly, before buying real estate on Samui, an overseas investor should understand what the price of housing depends on:
Factor affecting the price of real estate | Explanation for this factor | This factor in Samui |
---|---|---|
Size of the property | The larger the area - the higher the price. | In Samui, an investor can find a variety of real estate for sale |
Age of the property | Often, though only sometimes, newer properties have a higher price. | On Samui, almost all real estate is new. An investor can have a villa or townhouse built in about six months - it is only essential to place an order. |
Remoteness from the sea | Investors still prefer to have real estate closer to the sea, although the price is higher. | Samui - the island is small, and therefore, it is relatively close to the sea at any point. |
Availability of infrastructure for tourists in walking distance | Housing, near which there are stores, pharmacies, etc., will cost more. | On Samui, often, all infrastructure is close to tourist properties. |
Amenities | Some investors prefer to buy a fully furnished property and pay more for it, while others equip the living space on their own | In Samui, each investor will have a wide choice. |
On average, one square meter of real estate costs about $1075 - $1237. At the same time, the yield on Samui investors will be 10-12% per year.
Thus, the benefit to the buyer is obvious.
Public transportation on Samui is another factor influencing the investor's choice.
Often, investors prefer to buy a residential property within reach of public transportation. Transportation must work well.
As for Samui, there is no public transportation in its classic sense. The island is 21 by 25 kilometers, and large public transport is unnecessary. Large buses perform the role of transfer from the hotel to the mainland of Thailand. International transfers are possible.
From the shuttle public transportation on Samui, there is the so-called sontgeo. They are pickup trucks with wooden benches for passengers in the back. Some vehicles do not have a bench but- the usual handle so that you can hold on while standing. Tourists use sontgeo services as they are exotic for them.
Various cab services, including motorcycle cabs, tuk-tuks, and classic cars, are popular in Samui.
The price of a cab ranges from 50 to 800 Thai baht. That's $1.47 to $23.55.
Cabs (we are talking about all kinds) - this is the most popular transportation among tourists.
In addition, Samui has an airport - the main air gateway of the island. Regional and international flights (to China and Singapore) depart from it.
Since Samui is a small island, water transportation is also popular. All piers are located in the town of Natone on the island's west coast.
Thus, public transportation on Samui has developed quite well, given the island's small size, and any point is easily accessible by cab. This is important for investors.
The climate of Samui is a factor that attracts investors.
This island attracts tourists and investors due to its tropical climate. You can vacation here any time of the year, as the average temperature is 27 - 30˚C.
Samui's climate makes it an attractive destination for tourists and investors.
There are three seasons on Samui due to the climate:
- The rainy season. It lasts from October to December. Often, during this time, the weather on the island is terrible. For example, it can rain for several days without a break.
- The rainy season is followed by the so-called dry season, which begins in January and ends in March. Most days at this time are either sunny or low clouds. The peak of tourism falls just at this time.
- The rest of the time is occupied by the hot season. This time (at least from April to June) could be better for tourists, as it is too hot. But from July to September, the temperature is acceptable, and the prices for accommodation become lower. The reason is this: the tourist season on Samui at this time is considered finished. In September, the weather starts to deteriorate, and this time is not very suitable for tourism. Of course, it is not the rainy season yet, but the rains are already frequent.
On this basis, investment in Samui will pay off very soon, as the island is a paradise for tourists looking for an excellent place to relax near the sea.
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