Koh Samui Estate agents and developers are holding their breath with anxiety, because the market will once again stripped the rest of the signs years in advance. This was done in haste because of the growing concern about the unstable political situation buyers continue to make major purchases.
The first few months has seen the number back to Koh Samui, and our small agency has seen a small number of sales in the 5 - 10m baht PriceClips, and some speculative investments in building products at low cost.
E 'fair to say that the buyers were paid to find good deals and prices will run faster than a more reasonable level, which means that rental income returns from bank interest rates in a slow pace.
The setting of the vendors were resigned to take back the sale of capital and liquidity. It 'a good time in Thailand and particularly now in Koh Samui, where(- 5 years 2) the short-term capital growth and income from rental property opportunities for investors that are realized in the medium term.
What we have sold this year characterized the market where the buyers are in control. The sellers are still trying, prices drop to ensure a sale. Condo developers are taking or discount certain products on the market to stimulate bank lending to a minimum.
New products, has recognized that a particular local developers to create a nicheare still for sale. In Koh Samui, a small number of developers are concentrating their efforts now to the formation of a high quality property 1-2000000 U.S. dollars to the price level of the beach. There is still a shortage in the market for this type of product, and more opportunities for developers to feel safe on the ground breaking for these types of properties. Some responses from residential villas are only a property from 20 to 50m Price Group, 2 and 3 bedrooms and aMatter of a few meters from the beach. The hotel is located directly behind Lamai these properties are sure to draw attention to the Asian market for investors seeking solid income streams and attract capital appreciation over the medium term, as well as a good, strong brand image.
A word of warning, if so required some developers to Koh Samui. Ensure that the financial strength of a company to invest your money with us. Make sure that the dress of paymentYou and not the developer. The payment structure should not exceed 30% down payment and then a series of other payments during the construction phase. Be sure to check an attorney to provide developers were able to obtain what they promise. With a number of developers to close its doors, with incomplete property, you are wise, some strong controls. It 'better to buy, choose a reliable supplier, the knowledge of the local market.
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