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.