Phenomenal Rise In Tourist Inflow In Koh Samui

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Phenomenal Rise In Tourist Inflow In Koh Samui

Koh Samui, the 3rd largest island of Thailand is a favourite tourist destination for its clean beaches, natural sightseeing and bustling nightlife. This has made people from all over take keen to invest in its real estate. After reading this article you can get fair information regarding Koh Samuis booming realty.

Thai Law prevents non-Thai people from purchasing home, villa or land in Koh Samui. However there is a slight relaxation to this law. You can buy only if you are willing to invest 40 million Thai baht (approximately 0.9 million Euro).Priced at about 7000 Euros per 100 square meters the bungalows and villas are there on sale for these investors.

If that amount becomes on the higher side of your budget then renting might be an easy option for you. Without much of legal formalities involved rent is a choice of many tourists in Koh Samui today. From short stints to long stay whatever your duration might be Koh Samui is open for you always. Some of the benefits of hiring a property are highlighted here.

1. There has been phenomenal growth in tourist inflow over the years. From 937,763 in 2004 to 1,030,623 in 2006 it is pitted to cross 1.5 million per year mark by 2009. With mainly European among the tourists, it could be highly profitable if you own a real estate in Koh Samui.

2. Comparative study among other tourists destination has shown that realty prices in Koh Samui is on the lower side. So this is the right time to invest if you want a high return on investment.

3. Having a home or villa in Koh Samui is an all-time retreat option for you and your family.

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Phenomenal Rise In Tourist Inflow In Koh Samui