Koh Samui’s property market, along with many of the World’s economies, has suffered some serious setbacks over the last ten years but has regenerated well and is now enjoying a period of sustained growth and prosperity. The island attracts a growing number of tourists every year within which the demographic has shifted away from the famous full moon backpackers towards the families and overseas investors on which a property market thrives.
Over the last 4 years developments on the island have become far more sophisticated and market competitive. There is now a wide variety of homes available to suit the needs of any and all buyers. These range from one bedroom condos sometimes with a price tag of as little as $30,000 to luxury contemporary villas encompassing panoramic views with cutting edge building specifications that can be worth several million dollars and command staggering rental returns.
40 years ago Koh Samui was home to coconut farmers, fisherman and monkeys but now the island would not blink an eyelid to see a 50 metre yacht moored up off the beach and high end resort brands such as Nicki Beach, The Four Seasons, The W and many more have all seen fit to open successful branches here.
The tropical climate on the island ensures year-round fantastic weather culminating in the peak season between December and April. These months see Europe’s holiday makers enjoying this idyllic paradise island and hotels and rental villas experience incredibly high occupancy rates for these four months of the year. The rest of the year is continually busy as well especially in the region surrounding Koh Samui’s international airport.
Koh Samui is a strong option for buyers wanting to purchase a holiday home that can also be an investment. With money now flowing into the economy this little island is going from strength to strength and now is the time to become part of one of Asia’s best growth economies.