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Is Now the Right Time to Buy a Vacation Property in Koh Samui, Thailand?

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While it’s great to be able to travel around and visit different destinations on holidays, for many people it gets to the point where they find that one “perfect” destination and are happy to return over and over again. For many people, that “perfect” destination is the country of Thailand, known for its beautiful lush natural scenery, its pristine beaches, incredible cuisine, and welcoming people.

Is Now the Right Time to Buy a Vacation Property in Koh Samui, Thailand?

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There is no shortage of areas worth considering in Thailand, but one that has been catching the eyes of travelers as of late is Koh Samui. Whether you are familiar with the area or not, there are all kinds of reasons Koh Samui is catching the eye of tourists, and many reasons why it may be the best place for your vacation property.

A Little About Koh Samui

Many people are familiar with the destination of Phuket but for some it’s “been there done that” at this point. Not only that, but it doesn’t feel like such a hidden treasure anymore since it’s arguably the most popular destination for tourists. Koh Samui is an island that is just 228.7 square kilometers, which means it is smaller than Phuket and is just 2% of the size of the state of Hawaii. While it’s small, it packs a whole lot of “wow” in the area.

If you’re into hiking, Khao Pom is the highest point and sits at 635 meters. While that’s not exactly massive, it’s still enough of a hike to give you a workout and allows you to experience incredible natural scenery. Now because the island isn’t huge, you can also tour around it using the ring road in just a few hours. There are both native Thai people on the island as well as tourists, but you’ll find it’s much less congested and busy than other popular areas in the country.

When it comes to the real draw or gemstone of Koh Samui, it’s all about the beaches. In a span of 50 kilometers of coastline, there are more than 40 beaches, coves, and bays to explore, making it a vacation wonderland.

What About the Real Estate Market?

Of course, if you’re thinking of buying a property in Koh Samui, then you want to know you’re making a wise investment, which means it’s worth looking into the Koh Samui real estate market trends.

An interesting trend has been happening in Koh Samui over the past five years and that’s the emphasis on luxury vacation properties. It has been a big draw for European and Asian investors in particular who want a piece of Thai luxury in an area that is safe, provides security from an investment standpoint, and looks and feels pristine. What this means is that it has become a very competitive and robust market. In fact, it is now in real competition with Phuket as the most desirable place to buy in Thailand.

Getting to Koh Samui

Part of what has increased the tourism in the area is the fact that there has been a real improvement where flight links are concerned, making it easier to get there. There are now 50 flights daily that come into the Samui airport.

For all these reasons, Koh Samui is looking like the perfect location for many investors, and now is certainly a good time to make a purchase.