I am thinking of investing in a Condo on Ko Samui as a second home as my wife hails from Surat and we want to have somewhere to stay for long periods of time .

I dont really fancy staying for long periods in Surat. Can anyone advise me if

Are there are any Condominiums on Samui ?

who are the best agents in town ?

in the current economical climate is it better to rent or buy.? If renting what would 20-30,000 baht get me a month?

Many thanks in advance

Thai Pauly

Samui is going crazy,since Phuket took the hit.

I looked at these ones

http://www.royaldevelopments.com/rsb/

Cheapest are about 450 usd up to 1m usd.

5% rental gaurantee first year.

Best finish I have seen on the island.

People who bought off the plan 2 years ago have had 50-100% gains.

Lot of expats buying in who live/work in Sing and HK.

I think prop values in general on samui have double over 2 years.

Will they again ......possibly.

20k gets you a nice falang style house in a complex with a pool.

30k prob gets you a nice house with own pool etc.

I am thinking of investing in a Condo on Ko Samui as a second home as my wife hails from Surat and we want to have somewhere to stay for long periods of time .

I dont really fancy staying for long periods in Surat. Can anyone advise me if

Are there are any  Condominiums on Samui ?

who are the best agents in town ?

in the current economical climate is it better to rent or buy.? If renting what would 20-30,000 baht get me a month?

Many thanks in advance

Thai Pauly

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Thanks for that Snoop,

any other comments would be gratefully received

Check out CoCo, bought with them last year properties starting at about US $150,000

Properties enough, but condominiums, not really.

For 20-30.000 baht a month you can rent a 2-bedroom bungalow fully furnished and even have a shared swimmingpool. Or if you prefer right on the beach. btw i pay 8000 baht a month for a 1 bedroom bungalow with a garden at the beach. I don't feel much pressure to buy with those rental prises. And i don't get a headache about the foreigner can't own land problems.

Samui is going crazy,since Phuket took the hit.

I looked at these ones

http://www.royaldevelopments.com/rsb/

Cheapest are about 450 usd up to 1m usd.

Thai Pauly

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Hmm, just saw the website; who wants to buy there, at those prices, knowing that your neighbours can look into your kitchen (or bedroom)....34 villas, built SO close to each other;

Ripp-off I would say. Same thing with CoCo.

LaoPo

Came across these.

Don't know why they are selling them on 30 year leases rather than under condo ownership.

http://www.kosamuiproperties.com/stock/Apartments/AH496.html

And

http://www.kosamuiproperties.com/stock/Apartments/AB495.html

Came across these.

Don't know why they are selling them on 30 year leases rather than under  condo ownership.

http://www.kosamuiproperties.com/stock/Apartments/AH496.html

And

http://www.kosamuiproperties.com/stock/Apartments/AB495.html

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Probably because they won't be able to sell to Thai people at those prices, and therefore can't abide by the 50 percent rule.

Sophon

[

Hmm, just saw the website; who wants to buy there, at those prices, knowing that your neighbours can look into your kitchen (or bedroom)....34 villas, built SO close to each other;

Ripp-off I would say. Same thing with CoCo.

I looked at one of the websites but I could not see a price (maybee going blind) what are they asking for one of theses Villas?

Thanks

TP

try http://www.samuiestate.com/, they seem to have details of some recent sales that might give you an idea what prices things are.

try http://www.samuiestate.com/, they seem to have details of some recent sales that might give you an idea what prices things are.

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Thanks a lot Simey

Came across these.

Don't know why they are selling them on 30 year leases rather than under  condo ownership.

http://www.kosamuiproperties.com/stock/Apartments/AH496.html

And

http://www.kosamuiproperties.com/stock/Apartments/AB495.html

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Probably because they won't be able to sell to Thai people at those prices, and therefore can't abide by the 50 percent rule.

Sophon

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Apart from the crazy prices I'm SHOCKED that they are starting now to spoil Samui also with apartment buildings.

Wat a shame!

LaoPo

Came across these.

Don't know why they are selling them on 30 year leases rather than under  condo ownership.

http://www.kosamuiproperties.com/stock/Apartments/AH496.html

And

http://www.kosamuiproperties.com/stock/Apartments/AB495.html

<{POST_SNAPBACK}>

Probably because they won't be able to sell to Thai people at those prices, and therefore can't abide by the 50 percent rule.

Sophon

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Apart from the crazy prices I'm SHOCKED that they are starting now to spoil Samui also with apartment buildings.

Wat a shame!

LaoPo

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Not to mention plenty of shop houses that will no doubt mar the landscape as the paint flakes off.