They say the best things in life are free, but that’s not true when we’re talking about a luxury lifestyle. If you like living in a luxurious place, with all the high-end facilities and conditions you’ll ever need, then start your search in the Thai real estate field. We are here to give you some useful advice if you have decided to buy a property in a luxury retreat like Koh Samui.
Life in Koh Samui
First, let’s discuss why Koh Samui is a great choice for property investment. Well, anyone who visits this huge Thai island discovers that life is totally different there and people live a truly relaxed and happy life.
It’s a tropical island with exotic forests, lovely beaches and calm weather all year round. Living on Samui has become quite easy for foreigners. The island now features some great locations for shopping, including large Western supermarket chains. You can choose a place that’s near schools, hospitals and markets. It will make your life even easier and more enjoyable. Life is active here and you will never be bored. One of the many benefits of living in a resort is that you keep your soul and body in a good rest and fit as you escape noisy cities.
Thai Real Estate System
There is a common opinion that buying a Koh Samui property (and this applies to the rest of the country) is a somewhat complicated process. Some say that becoming a foreign homeowner on this island of is simply impossible. Well, then how come so many foreigners move here and stay for the rest of their life? Of course, it’s not a secret that that Koh Samui properties are pretty hard to obtain if you are not a Thai citizen, but it doesn’t mean that it’s impossible to buy property.
Real estate lawyers recommend keeping up with all the laws and they are ready to help you buy a property. In case you break a law, things will indeed become complicated.
Buying property in Samui has been under stigma for several years. There were times that potential homeowners from around the world started to avoid Thai islands. Today, there are ways that are completely legal for foreigners who want to buy property in Thailand. In fact, the foreign ownership law in Thailand is simple and straightforward. Make sure you do some research in order to decide whether you can buy a property in Koh Samui or not. Then ask for the help of a professional real estate lawyer or agent.
Generally, the only thing you should seriously consider is how much money and time you can spend on the entire investment. It’s obvious that some patience is a must, and the procedure will be successful if you compare several options, thoroughly exploring them. Just try not to lose your patience during the procedure.