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Buying Property

Posted by BaanTropic on May 26, 2019
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Buying real estate on Koh Samui is not only one of the best ways to preserve capital, but also an opportunity to increase it. The combination of the comforts of civilization, tropical nature and stunning beaches makes Koh Samui an ideal destination for both long-term living and real estate investment. The island is actively being built up and already now has a developed infrastructure, which includes:

Koh Samui Airport

Koh Samui Airport

• There is a famous air company which has got a modern airport and offers regular flights; There is a water transportation as well;

• All post offices provide a number of mailing services;

• There are 5 hospitals, plenty of clinics and pharmacies;

• a nice choice of international and Thai schools as well as kindergartens;

• reliable banks and a lot of ATMs;

• fabulous hotels, private villas, bungalows and houses;

• big shopping malls, supermarkets, restaurants, cafes and bars;

Snow-white villa with a huge pool for sale in Koh Samui

Samui Villa

• Yoga centers, vegetarian cafes and restaurants;

• Rental cars and motor vehicles, boats, yachts;

• Lots of activities giving pleasure and delight.;

• A nice choice of building materials, furniture and design objects.

The island, due to its location, has got tropical, still rather mild climate, if to compare with other parts of Thailand. It’s warm and humid for most of the year. However, quite a bit drier than Phuket, for example. And the extra good news is that Samui totally safe from tsunami.

There are plenty of places to visit and things to do on the island during nighttime, but the neighboring island of Phangan is definitely a night party leader. Full Moon Party is famous around the world. Thousands of people from different countries come to Phangan once a month to spend three boisterous nights on Hat Rin Beach. Smaller-scale party events happen every single week.

However, despite such a noisy neighbor, Samui is a calm and safe place for living. Regular and tourist police maintain law and order, and most locals are hospitable and friendly. During our stay on the island we’ve never seen even the slightest show of harshness or violence from locals.

Sunset on samui

Sunset on samui

Buying a villa or a house on the island of Samui not only let you live in a tropical paradise. It’s also a great investment. It is more financially advantageous to buy a new construction, as a cost of finished objects is 20% higher. As Samui is one of the most visited places in Thailand, a flow of tourists gives a high opportunity of 8% annual investment return. In addition, you will get a possibility to use a place for living up to 45 days a year.

Baan Tropic Company has got the best deals on the island of Samui. We offer new constructions as well as finished ones, provide legal advice and assist in all proceedings. There is a Thai lawyer in our company, who can support you throughout the whole transaction. We only cooperate with reputable, selected real-estate developers, who have got guarantors ensuring that the developers concluded their work within the agreed time frame, even in case of crises or emergencies.

Baan Tropic Company is ready to give consultations on all characteristics of each area of the island and provide guided tour. As a management company, we also provide maintenance and rental services.

White pagoda surrounded by golden Buddhas on Koh Samui

Khao Chedi Pagoda

A few things to consider when buying a house on Samui

Purchasing a house it is probably one of the biggest financial decision of one’s life. You should try to take account of everything, before a first step is taken. There are some important things below to consider when buying a house on Samui.

A structure and design

If you’ve got a possibility, it is better to rent a place you have chosen and to live there for a while, at least during the rainy season, which is usually lasts from November to February. This is the best way to find most major advantages and disadvantages of a building. You can use them to bargain.

A a driveway

A good driveway adds value. If a driveway is not concrete, rainwater will cause damage easily and fast. All the way up to the main road should be well done. Driveway drainage channels are necessary in order to prevent flooding. It might happen, for example, that you were sealed off from the rest of the world during tropical storms or downpours only because of a bad driveway.

Surrounding area

We’ve seen many times how people’s dreams about a peaceful and quiet life were shattered when their attractively secluded place got a close neighborhood construction. To avoid such situation, it’s better to buy both house with adjacent area.

High humidity

Due to the high humidity of the tropical climate, we do not recommend buying a house with an abundance of wooden elements in the structure, since caring for them will require additional attention and money. Some developers are covering the roof with wooden tiles so that the design of the house is sustained in an "eco" style. It's not practical. A wooden roof wears out quickly during the rainy season and is damaged by insects. Metal elements are subject to corrosion, this must also be taken into account when choosing a house.

Water

As there is no central water system on the island, landlords have to order water from water home delivery companies. An approximate price is 6000 THB for 500 litres or 2000 THB for 230 litres.

There are pump-equipped water wells on some lands. Buying a home with a water well is great luck. If there is no well, but you are thinking about drilling it, it is better to check and make sure that it is possible to do in advance before any deals.

Check water system inside a house as well. You definitely won’t be happy to find out that there is no hot water or water pressure is low after moving into a new home.
* Baan Tropic Company conducts an expert review of water systems.

Electricity

The main Samui power station is connected with a mainland with an underwater cable. Even if the cable is damaged, you still won’t be suffer from a blackout for too long. Actually, mostly, strong winds and heavy rains cause power failures in an electricity network, which again do not usually last long.

Notice that while power outages or blackouts are, all electrical appliances are not functioning. Electric pumps as well. If you don’t want to have no light and water periods from time to time, you can buy an emergency generator. Modern ones do not make any noise.

Best regards,

Baan Tropic Company.

 

 

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