What Is The Average Price Of Property In Koh Samui?
What is the average price of property in Koh Samui? Before we get into the numbers, it’s crucial to understand the property landscape in Koh Samui. The island has a diverse real estate market, offering a multitude of choices to potential investors. From high-end luxury villas with panoramic sea views to affordable condos in bustling neighbourhoods, there’s something for every budget.
Factors Impacting Property Prices in Ko Samui
Various factors impact the average price of properties on the island. These include the type of property, its location, the proximity to amenities, the quality of construction, and the view it offers, among other things. For instance, beachfront properties and those with sea views typically command higher prices.
The Average Price of Property In Koh Samui
The average price of a property in Koh Samui can vary significantly depending on the factors mentioned above. However, to give you a rough estimate, a standard 2-bedroom condo in a decent location may cost you anywhere between THB 6 million to THB 8 million, a 3 bedroom private pool villa in a sought location from THB 8 million to THB 12 million or a luxury villa with sea views start from 20 million and can go up to THB 50 million or more.
On average, the price per square meter for an apartment in the city centre is around THB 100,000, while outside the city centre, it’s approximately THB 80,000. For completed villas or houses, the average price per square meter in the prime locations THB 50,000, and outside the more sought area, it’s around THB 40,000.
Is Investing in Koh Samui Worth It?
Despite the prices, investing in Koh Samui properties is considered a lucrative option. The island’s robust tourism industry ensures a steady rental income for property owners. Plus, the value of properties has been consistently appreciating over the years, making it a great long-term investment.
In summary, while the average price of property in Koh Samui can appear high, the potential returns on investment are equally impressive. The island’s appeal as a tourist destination, coupled with its unique blend of properties, makes it an attractive option for both local and international investors. As always, it’s recommended to do thorough research and seek professional advice before making any property investment. Get in touch with us today
