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Investment
From beeing a destination for backpackers in the 80's, Koh Samui has developed to become one of the worlds premier holiday destinations. The island has an impressive and booming property market which attracts investors from all over the world.
With 6-stars hotels such as the Four Seasons and The Conrad Samui, Asias most beautiful international 18-hole golf course and a brand new yacht club, the island has drawn celebrities like David Beckham, Sven Gøran Eriksson and tennis stars like Bjørn Borg and Justin Henin to buy property here.
The real estate prices has increased impressively 15-20% the last 5-years and the trend is expecting to continue, because of the islands enormous potential. Because of the many known investors interests in Samui, it might be why the scandinavian magazine Bolig i Utlandet ( Property Abroad) asks if Samui is the next Dubai? (Link to Scandinavian realestate magazine)
Koh Sami attracts 1,3 million tourists, and the rental market potential is huge. The Samui international airport has received several awards for its unique architecture and has recently been voted as one of the top ten airports in the world. Within short flying distance you can easily reach Hong Kong, Singapore, Kuala Lumpur and other asian metropols directly from Samui.
Recently the global markets are an economical meltdown. The effect this have on the property market in Samui has been a lot less then several other places in the world. Beacuse the Koh Samui property market has almost a total lack of loan financing the holiday homes, meaning the vast majority of property purchases are cash purchases. The loan conditions on property are strict in Thailand which prevents Samui safe from beeing a property bubble. While you also can get property for as less 50% of the prices in comparable places such as Spain, Greece and the french riviera, Koh Samui is a lot fundamentally stronger. With all these perspectives and the Lamai Hillside apartments beeing probably the best value buy possible on Samui, we strongly believe that an investment here is a investment for the future.
Wondering more about investment reports and future growth on Samui? Please contact us, we are happy to help you! |
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