Koh Samui, a great island to live and invest

Home Blog Koh Samui, a great island to live and invest

 

 

Among the most beautiful places in Thailand, Koh Samui is very popular in the eyes of Thai and foreign tourists. Some of them even changed their status from mere tourists to investors since opportunities are huge.

 

Focus on this paradise island where it is great not only to live, but also to invest.

On July 22nd, 2017, the airline company Bangkok Airways launched its third air route between Koh Samui and China. After Chengdu and Guangzhou, it will only take a 4-hour flight for Chongqing and its 8M inhabitants to travel to Koh Samui.

With international flights to Kuala Lumpur, Singapore and Hong Kong, as well as domestic flights to Bangkok, Phuket, Krabi, Chiang Mai and Pattaya, the airline company Bangkok Airways expands its development in Koh Samui, the symbol of the island’s growing attractiveness in the area.

 

1,5 million tourists every year

The inauguration of the international airport in 1989 accelerated the development of the island and, at the same time, boosted the economy of Koh Samui.

Called the Pearl of the China Sea, Koh Samui now hosts more than 1,5 million tourists every year, mostly coming from Asia and Europe.

Located about only an hour’s flight from Bangkok, Koh Samui also captured the hearts of a large part of both the expatriate and retired community who came to enjoy the quality of life and also investors looking for business opportunities.

Over the years, Koh Samui has become one of the most visited places in Thailand, right for everyone. Couples and singles can enjoy delightful surroundings with a lot of distractions: beaches, visits of temples, water sports, sea tours, spa and fitness centers, shopping.

Regarding medical care, pensioners and other expatriates can find top-end hospitals like the Bangkok Hospital offering a real quality service.

 

Koh Samui and the Five Stars agency, a special relationship

Thanks to its natural assets and its buildings, Koh Samui has become one of the most attractive places in Thailand. While the hotels of the island have an occupancy rate of around 70% every year, the requests for rental keep increasing.

 

How much for a villa with a private pool?

200,000$USD, this is the approximate price for a 120m2 new villa with 2 bedrooms.

For a 3 bedroom-villa, private pool and sea view, it would cost around 475,000$ USD.

 

The Five Stars agency has a very special relationship with the island since its founder and director, Mr. Fabrice Lore, has lived there for 8 years from 1996 to 2004. In addition to knowing the area perfectly, Fabrice has built up a relationship based on mutual trust with a great number of local players of the housing market, and is regularly kept informed of the newest investment opportunities or the development projects in the island.

 

The purchase of a property requires different steps such as the opening of a bank account in Thailand, the transfer of funds, the land audit, the negotiation and the sale agreement before the transfer of ownership.

 

Five Stars agency goes hand in hand with its clients. Each transaction is monitored by the law firm Orbis, specialized in real-estate transactions in Thailand.

With more than ten years of experience on the housing market in Thailand, Five Stars Agency remains the number one and most reliable real-estate agency for the foreigners and expatriates peoples who want to invest in Thailand.