Real Estate & Business On Samui

Koh Samui is increasingly becoming one of the world's most popular retirement and/or investment locations for acquisition of land and house packages.

Offering a good infrastructure, typical relaxed island life-style and friendly locals, Koh Samui typifies the popular western idea of a "tropical paradise".

The cost of owning or long-term-leasing a land and house package on Koh Samui can be much less than you'd think and if purchased wisely can represent an excellent investment.

How is land measured?

Land here in Thailand is measured in Rai, Ngan and Wah

• 1 rai = 4 ngan or 1600sqm

• 1 ngan = 100 wah or 400sqm

• 1 wah = 4sqm

So what does it all mean?

• 1 acre = 2.5 rai approx.

• 1 hectare = 6.25 rai approx.

The metric system is usually used in relation to the construction of buildings. Land prices are usually expressed/quoted in Baht per rai, or, for smaller plots Baht per wah.

What will it cost me?

Labour and local building materials costs are low, but imported materials and prime beach land cost more than many would expect. 

Proximity to the beach is the single biggest determining factor of land cost. Beachfront land can cost up to fifty times that of plots in the centre of the island.

Foreign Nationals May Own

• A unit in a registered condominium

• A building (as distinct from its land)

• A registered leasehold of up to 30 years for all types of titled land (and/or buildings)*

*Please note however, with appropriate extension and purchase options, a 30 year lease can be tantamount to a freehold purchase. This is totally legal, safe and by far the most practical way of taking possession of land here in Koh Samui.

Foreign Nationals May Not Own

• Outright freehold land

• More than 39% of the shares in a Thai company that owns freehold land

For information about setting up business and getting visas and work permits to work in Thailand, see our pages
Doing Business in Thailand. and Visas and other documents in Thailand.

RENTING HOUSES ON SAMUI

A recent phenomena on the island has been the sudden proliferation of "House For Rent" signs around Samui. A few years back it was rare to see a sign in English saying "house for rent"... now you see many of them. Renting a house, short or long term can be a great way to reduce your costs on an extended stay.

Rental rates along the beach are high, while the inland areas offer very low rentals. A usable, small concrete-block house with a kitchen, bathroom and 2 bedrooms can be had for as little as 2,500 baht per month if you look around inland areas a little bit. Along the beach you can often find a small house for around 6,000 to12,000 baht. 

Many areas on Samui have small resort-like developments on the beach which offer beach-side bungalows at monthly rates for around this price. Larger houses, fully equipped and with full balconies may be found from 12,000 to 22,000 baht on or off the beach, prices vary a lot so look around. Of course if you want - the sky is the limit and you can rent virtual palaces here these days.

Currently it seems that nobody here is yet running any type of agency or central place where you can check on houses available for rent. (is that a business opportunity or what?) Just take a drive around the island and keep your eye open for "House For Rent" signs. 

You can often rent for short term, paying only one month advance and with no "bond" or "security money".  You'd need basic furniture and bedding, but many houses come equipped with basics such as chairs and a table.
 

Koh Samui Real Estate Business' - (These links open in new windows)

Beach Front Luxury Villas on Koh Samui for Rent and Sale

PROPERTY RESEARCH THAILAND

Honest, straight forward advice on purchasing your own home or condo / condominium on Koh Samui. Extensive listings of property, real estate, home, condo, villas, condominiums and business property for sale

Real Estate and Property Investments on Koh Samui, Thailand, Asia. STERLING Investments Asia.
 

Thailand Beach Property
Beachfront Land for Sale on Koh Phangan. www.thailandbeachproperty.com

HORIZON HOMES - Koh Samui Villas
http://www.horizonhomes-samui.com

REAL ESTATE INSIDER
http://www.real-estate-insider.com

BAY RESIDENCE - KOH PHANGAN
http://www.bayresidence.com

ARCHITECTURAL SERVICES

Studio 906 - Phuket

M-Systems - Koh Samui

Project Pacific - Koh Samui

Why Invest in Koh Samui ?

The Samui Property Investment scene has long been a very attractive market to Invest in. Property Investment has for the last 6 yrs has produced capital gains of between 23% and 25% per year. This is helped by the very restrictive planning laws they have in place, these laws are designed to keep the island as a beautiful tropical destination, not hampered with high rise and excessive development.

Property Research Thailand has made it a propriety to follow investment returns on the island for the last 10 years, this has shown rental returns have a healthy 6% to 8% net return on investment. Right now there's a shortage of Investment Properties that have all the facilities needed for short to long term stays, especially in the medium to low price range.

Bangkok Airways has seen the Benefit of Investing in Samui, they now have a new airport which now acts as a Hub for there international flights as well as for local flights into Samui. Other Airlines have also seen Investment Opportunities in Samui with introduction of Thai Airways 3 flights per day and Firefly airways flying directly to KL. Major International hotels have Invested in Property recently which has resulted in Samui being placed 5th in the top 10 island destinations in the world and voted in the top 10 of honeymoon destinations in Asia. Sixth Sense Hideaway and Four Seasons have been voted the best hotels in the world in different leading travel Agency polls.

Samui has been home to many of the leading hotels of the world with the recent introduction of Resorts such as Conrad, 4 Seasons, W Hotel, Banyan Tree and X2 have given the island international attention, along with recently opened Beach Republic and Nikki Beach which have drawn many high end users. There are now some new developments, some just started and some just at the launch stage and that makes for good Property Investment Opportunities. Prices usually rise as the development gets under way and a number of sales have been achieved. 

The world is now experiencing some large fluctuations in commodities, shares and even property, however this is when the astute Property Investor makes his move, when all the talk is about property not doing so well, share markets are going crazy, talk of Gloom and Doom, this is when the Astute Investor buys at the best price. Unfortunately most Property Investments are not seized at this time, they are purchased when the prices are at their highest and everybody has a good word to say about buying.

Property Investment though is one of the few investments that given time, even the most over priced property will fulfill its investment expectations. With Property Research Thailand this knowledge gleaned over 30 years in the industry is used in all and any advice we give to our purchasers, also when dealing with the Vendors and developers we ask the questions to make sure that all the legal and other disciplines are properly accounted for.

With Property Research Thailand this information and advice is cost free, the cost is obligated to the Vendor, we have the responsibility to you the client to make your Property investment or Dream home a easy, safe and rewarding experience.

Remember there is and old saying in Real Estate - NOW spelled backwards is WON. Too Many people look for the reasons not to do something; this they find is a safe way, however no one ever made money or progressed by doing nothing.  They are not just LUCKY, they just did something.

Property Research Thailand

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