Koh Samui Property Market – Before the nineties, the economy in Koh Samui came mainly from fishing and coconut plantations. Since then things have progressed rapidly and Koh Samui’s economy is now home to a flourishing, prosperous scene for both local & international property investors.
The main reason behind this mass growth has been the rise of the tourism industry and the public interest in Thailand and its surrounding islands. Because of this, the property market in Koh Samui has unquestionably grown over the past 10 years. In fact, ever since around 1980, the beautiful island has gone from an relatively undiscovered sandy paradise to the go to destination in South East Asia.
As soon as you step off of the plane at Koh Samui’s international airport, you will soon discover as to why this has developed into such a hub for holidaymaker’s and property owners alike, and why exactly it has become so popular in recent years.
Like the majority of places that are attracting thousands of tourists ever year, Koh Samui has seen massive improvements with the islands infrastructure, amenities, transportation, shopping, hotels, and therefore an improvement in living standards in general.
All types of property can be found to cater for the islands tourists, employees and expats. Be this luxury villas for sale, apartments & condos, hotels, hostels & bungalows. The important thing is, that whilst Koh Samui is currently undergoing a state of progression, that it’s still a sacred, panoramic eden of sorts with a natural sweetness. At the heart of its modernisation is the unspoiled white beaches, the sizzling weather & relaxed laid back island charm. A totally unique destination.
The growing property market on Koh Samui has furthermore been boosted by simple things such as a very reliable and quick Internet connection, bringing with it plenty of digital nomads that can now work smoothly from this amazing island without any interruptions. One of the great things about this transition into the modern era is that with new businesses moving into the area, it has a positive domino effect on the whole of the islands economics.
Another factor that has seen an abundance of investment and new money has been the diversity of the people themselves. With the rise in the new businesses that we’ve mentioned, and the fresh, enthusiastic crowd that have settled on the island, the diversity itself is attracting financial backers that are wanting to build on the scorching utopia.
The point is, that with Koh Samui’s economy in such good shape, and with properties being in an increasingly high-demand, now is a great time to invest in your Koh Samui property.