If you are considering the idea of purchasing a property in Thailand then Koh Samui could be just the place for you, granted things aren’t quite what they used to be however, if you believe all you see in the news then things should be back to normal before too long. What a time to buy an investment, buy when the need is low, just time for an influx of needy customers, willing to pay a little bit more because they’ve not been on holiday for ages! Perfect
Before the restrictions
Koh Samui was and still is a very famous tourist destination in Thailand before, even before the travel restrictions were imposed, tourists from all over the world would flock to this lovely island for a whole load different reason. Mainly, because of its choice of luxury accommodation compared to something a little more refined, and affordable. It also hosts a diverse culture with entertainment to suit all ages, it really does have something to offer everybody.
Here are some of the top reasons why you should consider investing in a Samui villa;
Koh Samui is unique
Even if you are looking at Samui villas for sale with a view of buying as a second home and not a buy to let for the tourist season, you won’t be able to help yourself from being amazed at the vast array of scenery that surrounds you. It could very well be a perfect place to hang the gloves up, and to retire to.
Whilst things getting back to normal will take a little time, professionals in the property market are more than confident that the market should kick off where it left off. If that is the case then you can be in for a real treat if you intend to be a landlord, in terms of prospective customers to lease your property to, or an investment that will start to grow in value quicker and quicker over time.
Koh Samui truly is a beautiful island with luxurious houses and gorgeous scenery. Not only that, life on the island of Koh Samui has evolved over the years into a blend of flair and natural ingenuity. The grandeur, complexity, and state-of-the-art status of the apartments, villas, and hotels being created on the island improves year after year.
As an investor, it creates the perfect setting for an opportunity for long term substantial growth making it easier to manage your money, a destination that improves itself year upon year will become somewhere even more desirable as time goes by.
High percentage of short-term rentals
Because the majority of the rental market has traditionally been made up of beach seeking tourists, the opportunity of securing short term rentals is second to none. Whilst it might seem like a good idea to find long term tenants that secure your income, it actually leaves you with less control.
For example, what if you want to use the property as a holiday let, yet you’ve agreed to a 5-year lease? There is also more money to be made from short term rentals, and you’ll find that you have more control as well as having more options that don’t come from getting long term tenants in.