A Rise In Property Sales On Koh Samui Seen In Early 2012

By Peter Strangeway


Koh Samui property continues to see activity levels increase, with demand coming from expats and foreign buyer looking to place foreign currency in a stable market place with future opportunities for good capital appreciation. Agents on Koh Samui selling property are all commenting on increased demand for investment properties in the popular areas along the North coast.

For the increased demand being experience on Koh Samui, this has been caused by a number of factors and features of this island. Attractions of luxury five star resorts, restaurants and the tropical climate have all made Koh samui a most desirable place to live. Expats from faster paced Hong Kong, Dubai, and Singapore are all turning to Koh Samui to escape.

Samui property prices in recent years have been influenced by the strength of the Thai Baht. Those selling their property having owned for more than 5 years have been able to give discounts having benefited from more than a 30% rise in the Thai Baht. For those selling and moving currency offshore, they have benefited. What we have seen in the local Samui property market is a stabilisation of property prices due to relative purchasing power of foreign property buyers.

Retirement on Koh Samui has found great appeal as Europeans look for a slower pace of life full of attractive options for leisure. What is more apparent now is that those types of people are focusing on daily cost of living, support services such as shopping and hospitals, and easy centres to relax such as Bophut on the Northern coast, and then to the South and Western Koh Samui with its famous beaches and sunsets.

Prior to coming to Koh Samui, many people plan thoroughly. On the internet one will find a list of property agents and lawyers. They provide a range of legal consultancy services and investment advice. Their are some experienced professionals who offer free advice so make use of their services and be prepared before arrival to Koh Samui.

Koh Samui Property offers investors and retirees alike opportunities to invest for the future. With a basic lower cost of living compared to many western countries, and a fair supply of suitable homes it is certainly worthy of consideration for a lifestyle investment. Remember also to consider the condo option where Koh Samui condos are selling well in early 2012.




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