Thailand is stubbornly trying to revive the ruined tourism sector and the economy.
Property on Koh Samui: Although the situation is improving after the easing of entry restrictions, and the economy is growing rapidly, proposals for further improvement continue.
One such proposal is to develop and sell 3 islands in the Gulf of Thailand as an “entertainment cluster.”
In this regard, apartments in Ko Samui, Koh Tao, and Koh Phang Ngan are what investors should take a closer look at right now.
Koh Samui, Koh Tao, and Koh Phang Ngan will become islands of entertainment
Tour operators in Koh Samui, Koh Tao, and Koh Phang Ngan support turning the islands into world-class entertainment destinations.
The offer comes in response to an increase in international arrivals due to the cancellation of the Test & Go entry scheme.
The tourism sector on the islands is reviving due to the increase in tourists.
The local economy is improving after two years of recession caused by the Covid-19 pandemic.
Reasons to invest in Koh Samui property now
Koh Samui is a compact, ecologically clean resort city – an island with a well-developed recreation infrastructure, where huge coconut palm plantations and virgin rainforests are preserved.
The waters of the Gulf of Thailand, washing Koh Samui, are warm and transparent all year round. Beautiful landscapes and, of course, chic, different beaches distinguish the island from other holiday destinations in Thailand.
Every year 3-4 new hotels are put into operation on the island, and new supermarkets and shopping centers are built. Russian tourist offices, dive centers, and restaurants appeared on the island.
The island entertainment cluster concept is unique and rare to find anywhere else. The media first proposed promoting the three islands as an entertainment cluster, and local tour operators quickly picked it up.
However, nothing can happen without the government’s approval and the cooperation of private businesses.
Although this question remains open, investors are paying attention to the islands for other reasons.
Thus, the recent resumption of nightlife means that tourists and expats are already starting to arrive on the islands and are interested in the mass entertainment offers:
- bars;
- clubs;
- similar establishments.
If the idea of creating an entertainment island is realized, it will play an even greater role in economic recovery, rising prices, and increasing profits for investors.
Other types of offers for investors
As Thailand struggles to revive its Covid-hit economy, the country is regularly flooded with suggestions for attracting tourists and investors.
And if you want to diversify your portfolio by adding other types of assets to residential real estate, you should look at medical centers, wellness centers, yachts, and related complexes.
Motivation for buying property on Koh Samui
The island’s status is unique, nowhere in the world is there such an island resort with a well-developed infrastructure, low-rise buildings, beautiful beaches, palm plantations, and a healthy environment that will remain so in the future.
The circular road is only 56 km long. All infrastructure facilities and beaches are nearby.
Koh Samui is developing dynamically, the island’s status is rising, and well-known hotel brands are being built on the site of economy-class hotels.
Spot development will be banned over time, and there will be fewer and fewer liquid plots for sale. Russian tourists come to Koh Samui no more than 5-7% of the annual tourist flow.
And some or them, for the most part, watching Europeans on vacation, involuntarily take a positive example from them.
In the Gulf of Thailand, in the waters of the Samui archipelago, there is no sharp drop in depths, and, in this regard, the movement of deep layers is excluded, which does not create prerequisites for natural disasters.
Ferry crossings connect Koh Samui with the mainland (an additional 3-deck cargo ferry was launched only for cars) and high-speed catamarans.
By car from Koh Samui to Phuket, about 5 hours (270 km from Donzak), to Krabi 4 hours, to Khao Sok National Park – 3.5 hours, including ferry crossing time.
The rainy season in Koh Samui is November-December. The rest of the year, the weather is comfortable. August is considered the peak of the season.
Conclusion
Samui real estate is one of the best investment destinations in Thailand. It has always been like this, but now that the island is of interest for a new stage of development, this direction should be considered one of the priorities.
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