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Real Estate Koh Samui - Doctor Property
Real Estate Koh Samui – Doctor Property

 

Koh Samui – A Paradise On Earth

Koh Samui, a dense forest island of lush greenery and surrounded by mountains all over is Thailand’s second largest island. It lies off the Gulf of Thailand on the east coast and is a popular tourist destination for its attractive locations, eye watering beaches and its cosmopolitan appeal acting like the melting pot for so many different cultures residing there. With palm lined beaches acting as the backdrop for crystal clear turquoise blue ocean water and a seductively inviting weather, the climate remains a heady accomplice and flattering compliment to the views that Koh Samui offers. With just one month of heavy rain annually, tourists and locals are flocking to this picturesque island throughout the year to enjoy their moments of bliss and relaxation in the seclusion of their complete privacy.

Your Very Own Dream Home in Koh Samui

Many condominiums and villas have sprung up on prime ocean facing properties for vacation rentals to tourists and with the interest in Koh Samui on an all time high, a lot of land is being purchased to serve as retirement destinations for expats or as investments. Although the Thai property possession and ownership laws for foreigners in Thailand, or Koh Samui do help the case, this is the right time to contemplate buying land in Koh Samui which is growing by leaps and bounds as an investment center and at the same time provides a peaceful and relaxed environment for retirement homes. Real Estate in Thailand is riding a favourable tidal ebb and Koh Samui is no exception. With the recent attention on Koh Samui’s exclusive locations and lush green mountainside with a beach view, a lot of interest has risen in purchasing property or buying land in Koh Samui. Although the law does not favour their case a lot of foreigners have shown noticeably rising interests in buying property or purchasing land for building their house in Koh Samui.

Apartment, Villa, House or Land in Koh Samui

Now if you’re with me till now, and chances are you are a non Thai person reading this, you must be wondering how one can buy property like a villa or condominium or purchase land for building a house in Koh Samui if the law does not allow for the same. Hold your breath, before the thought even crosses your mind, we are definitely not insinuating pursuing or opting for illegal means. Definitely not! However, like Shylock’s penalty for a pound of flesh in the Merchant of Venice was legally overruled by abjecting a loophole in the abiding legalities, a foreigner may eventually own land and property in Koh Samui in Thailand by exploiting a loophole in the law. The loophole that we are discussing here is known as the concept of freehold and leasehold. With the help of a reliable and trusted property agent, a foreigner can, by virtue of direct investments in the country’s government and infrastructure, or after forming a company with legitimate Thai citizens, obtain actual ownership of land for building property. This is the concept of freehold and although does achieve the end objective, is a rather complicated and expensive procedure. However through the provision of a leasehold for a specified amount of years one can call a property and the land as their own before the lease period expires.

Doctor Property To The Rescue

With the help of a professional real estate expert one can always buy a furnished apartment or a condominium outright even if they are a foreigner because Thai law has provisions permitting the purchase of finished apartment spaces to a foreigner’s name. Hence it is always advisable to choose a reputed and established real estate agency to pursue and fulfil your dream of living in Koh Samui. At Doctor Property you can find the right match for your needs and choose from a wide range of selections without needing to go through all the bother and complications of knowing the law process. You enjoy your peace of mind while the Doctor attends to your dream property in Koh Samui.

Beach lounge - Sundeck on Sea view for vacation and summer in swimming pool / Doctor Property Real Estate
Beach lounge – Sundeck on Sea view for vacation and summer in swimming pool / Doctor Property Real Estate

Koh Samui – An Untouched Blend of Investment & Dreams

It is remarkable how much Thailand has grown in the past couple of decades as a towering economy and an invaluable platform for future investments. And why not? With Thailand’s inherent treasure trove of natural wonders and delights, magical beaches and forest infested mountainside recently presented to the Western world, it has opened up a new road to endless possibilities. It is no wonder how apart from the capital Bangkok; island cities have also made a generous share of the entire market. Phuket and Pattaya are already developed markets for investors in land and property given their singular natural beauty and relentless coastlines decked in crystal blue, as backdrop. However the natural backdrop of Ko Samui is still untouched and pristine. It is delightfully peaceful and has a sprawling natural landscape comprising of beaches surrounded by forest infested mountains. With Koh Samui still in its growing phases and its spectacular natural backdrop second to none, it makes sense to invest in land and property in Koh Samui if not build your retirement home here. After all, anyone who has visited Koh Samui once will not beg to differ at all.

Koh Samui Condos Villas and Houses, Why Buy Land?

Koh Samui is poised to follow the lines of Phuket and grow as the country’s next booming beach resort destination. While it is still in the emerging stages, it makes sense for those who wish to buy a home in blissful Koh Samui to spend their life in, to start scouting as early as possible. However there are reasons why it makes sense for someone wishing to have their home in Koh Samui to go for condominiums and villas rather than purchasing land for ownership. The Thai law is a tricky one with regards to ownership in the country for foreign nationals. As a  result some of frequently adopted legal bypasses for foreigners t overrule that clause include arranging marriage with a Thai national, or the even more complicated process of starting a company in Thailand with partners who are Thai nationals and in the process purchasing land for ownership. However not only is the latter far more expensive and time consuming, but also has a larger number of variables in the larger picture. That apart, foreigner can also lease homes for a specified period of time during which they can accord themselves with the title of owner of the land and property. Once the lease period expires it may be subject to renewal on agreement of terms and conditions of involved parties or it may be deemed effective following further ownership ceases to exist anymore.

Doctor Property’s Prescription For Every Property Requirement in Koh Samui

With the above mentioned procedures and scenarios prevalent for foreigners wishing to have their homes in picturesque Koh Samui, it makes sense to have a reputed and trusted property agency with established testimonials and prior experience to assist and advise in procuring finished condos and villas in Koh Samui. It is not only fully legal but an absolutely simple process without any additional hassles for foreigners to own apartments or houses in Thailand and purchasing a house in Ko Samui is a very healthy an insightful investment as well. And Doctor Property offers you the widest range of prescription solutions for your exclusive real estate requirement in condos, villas and houses in delightful Koh Samui.

Doctor Property - Real Estate Blog
Doctor Property – Real Estate Blog

 

Have you wondered what the total market value of all of the world’s real estate is? Is such a number even ascertainable, and if so can you imagine what it is? This is exactly what Savills, an elite English real estate company, set out to accomplish and found they some interesting things.

In 2016, they estimate that total property value worldwide was $ 217 trillion. In the following year, 2017, this value rose to $ 228 trillion. That’s an increase of 5%.

The study also revealed a very interesting trend. Real estate is the most valuable asset in the world by far. Equities, bonds and precious metals are all way behind real estate in total market cap. For example, the value of all the gold that has ever been mined in the world, ever, is only $ 6.5 trillion!

The diagram shows the value distribution of the world’s assets in 2017. Figures are in trillions of US dollars.

Diagram_Doctor_Property
Diagram Doctor Property

 

In this study, residential real estate is valued at $ 168.5 trillion. If you count the existing total of 2.05 billion households worldwide, that’s an average of $ 82,000 per residential property. Of course, this value is decisively influenced by the expensive industrialized countries like North America, Europe and parts of Asia.

Interesting facts;

  1. North Americans are just 7% of the world’s population, but they own 22% of the total value of residential real estate in the world.
  2. Europe’s inhabitants occupy 11% of the world’s population. But the home ownership is 23% of value worldwide.
  3. Of course, these values from industrialized countries also generate enormous potential in developing countries. For example, in Africa, 19% of the world’s population is living, but housing is only 6%.

It is estimated that 34% of all residential real estate worldwide invest in investments and make the housing market available. The rest is valued privately for private use. With commercial real estate it looks already different. Here, about 33% is self-employed and 67% go to the commercial sector. In this business sector, there was also the largest increase in real estate assets. Overall, this was 7 percent compared to the previous year and is nominally worth $ 32.3 trillion.

The real estate market worldwide expects such an investigation of immense importance. Not only that he is from year to year, that he also adds value. Also, with regard to the temporal interest costs, an investment in real estate becomes relatively alternative. The Styrian real estate prices and the ever increasing total populations make a property more and more interesting for investors.

We at Doctor Property are very curious how the numbers will evolve in the coming years. Of course we keep you up to date. Take another look at the blog of Doctor Property. We look forward to you.

@ Source: https://www.savills.co.uk 
Real Estate - Doctor Property
Real Estate – Doctor Property

The Doctor Property Team hopes you enjoy our new blog! We aim to keep you up to date with all the important real estate matters in both Samui and Thailand as a whole. All the important information about real estate, villas, houses, apartments and land will be published here soon. If you have questions or suggestions for improvement, then please contact us. We are looking forward to your feedback.

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