For these people the Maenam Hills Development in Koh Samui is perfect. The price starts at only £100,000 for a 2 bedroom resort villa, and the developer is offering finance at 50% Loan-to-Value, leaving the buyer with only £50,000 to find.
Liam Bailey, Head of International Research for David Stanley Redfern Ltd, said of the development:
"Some might say £50,000 is still a lot of money, but when you consider that people who bought in Koh Samui two years ago, sold their property recently for twice what they paid for it, it makes Maenam Hills one of the best property investment opportunities on the global market. Thailand, and Koh Samui's growth is primarily fuelled by tourism, so an extra incentive to buy in Maenam Hills is the fact that its well-below-average-
Liam then described why Thailand and its islands are in general a good investment:
"Tourism to Thailand is increasing by 20% per year, and Thailand's islands like Koh Samui are attracting the largest proportion of the visitors. That is why high-end resort property on said islands has become a big hit on the property investment front.
The extra selling point for an investment in Thailand, and other Asian countries seeing massive growth fuelled by tourism, is the fact that most of the tourism is regional -- on the back of dirt cheap inter-connecting flights. This means that even if global markets continue to slow, and people stop going abroad, the money-making potential of Thailand properties will not be diminished."
Maenam Hills is a resort development of two bedroom luxury villas. Each villa has a decked terrace, and access to all resort amenities including a communal pool. Koh Samui is very like Phuket, sharing the beautiful white sandy beaches and tropical-vegetation filled landscapes. Phuket properties are now going for 3-4 times what they were 4 years ago and that is another guideline for projections of Koh Samui's continued success.
Find out more about Thailand investment property at: http://www.davidstanleyredfern.com/
