No doubt, growing independence from the West Asian economy in the last decade is very attractive for investors from around the world. The obvious proof of this is the availability of Samui about forty five-star hotels, including such world brands as: Conrad Hilton, Four Seasons, Intercontinental, Banyan Tree, W Retreat and many others.
The region has seen steady economic growth, “THB” Thailand’s currency is very stable, and over the past 10 years, almost did not change its course: 1 $ USA = 35 THB
The cost of land on Koh Samui has grown by more than 1,000% over the past 10 years and by about 300% over the last 3 years. At the moment, the average cost of land in 1 Rai (1600m2) is $ 170,000, at the same time the coast of similar plots with a good sea view in the central area of the island is around $ 450,000, and on the beachfront the prices starts from $ 1,000,000. At the same time, land prices at Koh Samui still lower then at Phuket.
According to statistics from sites “Booking.com” and “Airbnb”, and based on our own experience in the rental business, demand exceeds supply in Samui. And this isn’t the limit, because the offer is very limited in the reason of natural resources. The economy of the island is in a stage of strong growth because of the large financial investments of investors from China, Korea and Singapore.
In connection with all the above facts, we can confidently say about the special attractiveness of the region for investments in real estate and large land project
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