Property Investment In Koh Phangan, Thailand

The island of Koh Phangan is well known as a tourist destination. However, it also offers investment opportunities in the property market. The influx of tourists to this island each year translates to a huge potential for property investment as it is a great source of rental income for property owners.

There is a rise in property value with an increase of up to 30% yearly. This is primarily due to the fact that Koh Phangan is now considered one of Thailand’s prime holiday destinations. Apart from this it is an exceptional place to live in. The government of Thailand has made excellent strides in ensuring the process of buying or renting property for foreigners has been simplified a great deal. The island infrastructure is being improved with a continuous construction of roads to open up previously land locked areas.

Investors have the chance to buy property and rent it out for long term or short term use. The idea of renting property out for short term means the rental can be free for the investor to use for vacations with family and friends. The idea of having a retirement or second home in Thailand has also been gaining popularity in Thailand because of the exceptional climate, affordable living and numerous recreational activities. Relocating to Koh Phangan is also a viable choice as the place has a relatively good road network, an international school and basic health facilities.