ThaiPauly Posted April 23, 2005 Share Posted April 23, 2005 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 Link to comment Share on other sites More sharing options...
snoophound Posted April 23, 2005 Share Posted April 23, 2005 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 <{POST_SNAPBACK}> Link to comment Share on other sites More sharing options...
ThaiPauly Posted April 24, 2005 Author Share Posted April 24, 2005 Thanks for that Snoop, any other comments would be gratefully received Link to comment Share on other sites More sharing options...
beerguy Posted April 24, 2005 Share Posted April 24, 2005 Check out CoCo, bought with them last year properties starting at about US $150,000 Link to comment Share on other sites More sharing options...
Khun Jean Posted April 24, 2005 Share Posted April 24, 2005 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. Link to comment Share on other sites More sharing options...
LaoPo Posted April 24, 2005 Share Posted April 24, 2005 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 <{POST_SNAPBACK}> <{POST_SNAPBACK}> 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 Link to comment Share on other sites More sharing options...
sateef Posted April 24, 2005 Share Posted April 24, 2005 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 Link to comment Share on other sites More sharing options...
Sophon Posted April 24, 2005 Share Posted April 24, 2005 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 Link to comment Share on other sites More sharing options...
ThaiPauly Posted April 24, 2005 Author Share Posted April 24, 2005 [ 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 Link to comment Share on other sites More sharing options...
simey Posted April 24, 2005 Share Posted April 24, 2005 try http://www.samuiestate.com/, they seem to have details of some recent sales that might give you an idea what prices things are. Link to comment Share on other sites More sharing options...
ThaiPauly Posted April 24, 2005 Author Share Posted April 24, 2005 try http://www.samuiestate.com/, they seem to have details of some recent sales that might give you an idea what prices things are. <{POST_SNAPBACK}> Thanks a lot Simey Link to comment Share on other sites More sharing options...
LaoPo Posted April 25, 2005 Share Posted April 25, 2005 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 <{POST_SNAPBACK}> Apart from the crazy prices I'm SHOCKED that they are starting now to spoil Samui also with apartment buildings. Wat a shame! LaoPo Link to comment Share on other sites More sharing options...
spacebass Posted May 1, 2005 Share Posted May 1, 2005 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 <{POST_SNAPBACK}> Apart from the crazy prices I'm SHOCKED that they are starting now to spoil Samui also with apartment buildings. Wat a shame! LaoPo <{POST_SNAPBACK}> Not to mention plenty of shop houses that will no doubt mar the landscape as the paint flakes off. Link to comment Share on other sites More sharing options...
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