Archive for: ‘May 2022’

Best Place to Invest in Thailand

May 5, 2022 Posted by kyu7

Well it is a fact, Koh Samui is one of the most sought-after destinations in Thailand. The sun-soaked island attracts visitors and expats from all over the world, due to its stunning beaches, wide range of activities, cultural possibilities and growing real estate.

Thailand’s Ministry of Finance noted that in the first quarter of 2017 the economy grew by 1.3%, which was stronger than market estimates of a 1.2 percent growth.

These advantages, as well as many others, have helped to turn Samui into one of the best places in Thailand to make a property investment. So if you’ve been considering where the best place in Thailand would be to make a wise and profitable luxury property investment, then we would highly recommend Koh Samui.

The increasing number of tourists to the island and the growing business ventures undertaken are but two of the factors helping to boost the real estate market in Koh Samui.

It’s able to offer the perfect blend between unspoiled nature, relaxed beachside restaurants and extravagant accommodation, such as new luxury koh samui villas, new 5 star resorts such as The Ritz Calton Koh Samui, which is quickly turning it into the number-one chic destination in Thailand.

Koh Samui Property Investment Opportunities

Did you know? Samui attracts some of the highest rental yields in Thailand, with longer high seasons and less rainfall than other parts of Thailand. Investors can receive rental yields at approximately 8-10%, with some featured villa properties producing up to 30% yields per year!

Many other alternative destinations offer only 4-6% yields, mainly due to their rapid price increases, making Samui a competitive choice.

The new environmental building laws, infrastructure and mature market, means investing in real estate here is more secure than before. When purchasing Real Estate in Thailand, it is important to be aware there are different ownership options, so be careful to choose the most appropriate option to suit your personal buying needs, depending on your age, nationality, marital or family status or inheritance issues?

In all these ways, Samui presents an immense appeal to the international holiday-makers and an increasing new influx of affluent investors from Hong Kong, China, Australia & United Kingdom seeking a secure holiday investment and a relaxing lifestyle destination to repatriate or retire in paradise island.

What Is Luxury Real Estate?

May 4, 2022 Posted by kyu7

Luxury homes are in a league of their own because the criteria that determine a home luxury changes and is largely influenced by the clients buying high-end homes at any given time. Luxury isn’t strictly based on price. It’s a moving target influenced by a number of factors and primarily, trends. For an example, the market once considered luxury homes to be spacious mansions equipped with their own theaters and skating rinks. How times have changed! De-mansionization is the movement of luxury homes becoming smaller, and smarter, but not less luxurious. This is only one way in which the market has changed its demands, and even this trend is not consistent.

Luxury is also influenced by its location in a big way. In Los Angeles where the weather is favorable all year, luxury would be a home that blurs the lines between indoor and outdoor space with large glass walls that open the home up entirely to the elements. Further North, however, being shielded from the elements would be ideal but with elements of design that bring nature inside with the use of skylights, 3 season spaces, and indoor landscaping and plant life. Socioeconomics of a city also matter. In a city so congested that cars aren’t utilized much, a home with a multiple stall garage will not be considered a luxury but instead, a smaller space closest to the city center. Luxury homes are thoughtful for this reason, designed around the environment and city they’re placed in.

So what qualities might you expect buyers to be looking for in the luxury real estate market?

1. Limited Locations with Grand Views

Luxury homes being developed up the slopes of surrounding mountains and high points of a city are prime real estate for those looking for a view of the entire city and/or the gorgeous natural landscape. Some buyers prefer to be in the middle of the action for the views and convenience of living in the center of the city. City centers are popular locations for luxury condos and can even be the highest valued properties in the area.

2. Smart House/Energy Efficiency

Energy efficiency and consciousness are growing in popularity, not only to save the homebuyer money but to leave the next generation’s planet in a better condition. Technology has come such a long way in a short time that older homes cower next to new homes in this regard. Energy efficiency goes hand in hand with the latest smart house technology, which includes: smart thermostats, advanced security systems, technology controlled by phone, smart fridges and other appliances, and more.

3. Gorgeous Outdoor Living Spaces

In recent years, a home’s outdoor space is prioritized almost as equally as its indoor space. As the world gets faster each and every day, homebuyers want to take advantage of the spare time they do have and feel as though they are on vacation in their backyards. Entertaining family and friends at the home is also what luxury home buyers have in mind when looking for accommodations.

4. Highest Quality Building Materials

At every glance and with every turn in a luxury home you will see magnificent upgrades; granite, hardware, stainless steel and other attractive metals, sophisticated light fixtures, touch screens and buttons, crown molding and tray ceilings, custom closets, and more.