Even when you factor in expenses such as travel, it is still cheaper for Singaporean or Hong Kong buyers to own a second residence in Koh Samui than their home countries. Prices for luxury properties has increased significantly over the past ten years, but experts believe there is still plenty of room for further growth.
That is because the Koh Samui property market is a late bloomer when compared to Thailand’s other beach destinations. For example, the villa market in Phuket has reached maturity, but in Koh Samui demand for rentals is greater than supply. The same holds true for luxury, beachfront condos designed for long stays.
Rental yields for most properties in Koh Samui sit comfortably in the 8-10% range. Several new-build developments, villas and condos, offer guaranteed returns of more than 10 percent because demand is so strong. These arrangements are perfect for those who want to use their property for a couple weeks and then let it out for the remainder of the year.