With an ever growing number of tourists visiting and investing on the island, Koh Samui Real Estate is definitely on the up. Prices have been consistently rising for several years now creating healthy competition between developers. This has helped push the general quality of construction up whilst greatly increasing the amount of products available for the discerning buyer.
The property market on this small tropical island can only be described as thriving. Russian buyers are now commonplace and European, Australian and American home buyers and speculators continue to purchase here. Recently Asia has also started to take notice of Koh Samui. Singaporean, Malaysian and Chinese investors are flocking to the island and there has been a strong increase in the amount of domestic investment.
Construction and land costs can be very low in Koh Samui but over the last five years the high end of the market has taken off and a large amount of luxury residences abound now. The variety of properties available on the island provides something for all budgets now whilst designs range from the classical Thai style houses to super sleek contemporary developments replete with all the latest cutting edge specifications.
Real Estate on Koh Samui now offers something for everybody. Although prices are rising buying property here is still cheaper than almost all of Thailand while the quality of construction remains high.
All these factors combine to make now the perfect time to purchase property on Koh Samui.