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 - Price range 10m baht, and somespeculative 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 bargains can be found for it wise investor seeks to medium term (2-5 years) growth of short-term capital and income from rent.
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, in which some local developers to create a niche has been identified, nor sell. Koh> Samui, a small number of developers are now focusing their efforts on providing high quality goods at the beach 1-2000000 U.S. dollar price. 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 a matter of a few meters from theBeach. 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 payment for you and not the developer. PaymentStructure shall not exceed a 30% deposit 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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