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Samui’s Prolific Profile Holding
Samui continues to develop and witness massive investment.

So What is New? A monthly round-up of the latest Samui information. So What’s New?
A monthly round-up of the latest Samui information.

Meet Norbert Verweyen – Samui’s pioneering real-estate developer. Bring On The Expert
Meet Stuart Harrison, a Microsoft-recognised IT expert.

Let it Be Educationally Equipped
The Samui Centre of Learning is a facility designed to provide an appropriate level of education.

The Road Forward Proactive Promotion
A team of marketing experts has decided to take Samui on tour and sell the island.

Hot Property Hot Property
Feeling on top of the world at this month’s featured property.

Innovation Station. Innovation Station
“The science of today is the technology of tomorrow.” Edward Teller.

Stepping Up Comfort Zone For Pets
Domestic animals play an increasing role in our lives so keeping them comfortable at all times is very important.

Building Blocks Running Wild
The new sport of Adventure Racing is coming to Samui so be prepared to get fit.

Legal Information Legal Information

Foreign Ownership
of Land

Leasehold Property

Company Ownership
of Freehold Property

Land Title Deeds

Ownership of Condominiums

Ownership of Structures

Transfer of Ownership

Leases

Mortgages

Property Taxation
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Tuesday, September 1, 2009

Welcome to www.samuipropertyonline.com, the online version of Koh Samui Property, an independent monthly property & real estate newspaper published by Siam Map Co. Ltd., Koh Samui, Thailand.

Koh Samui Property offers impartial, objective news articles, stories, legal advice & information, zone maps, photos, classified adverts and features about real estate, property, villas, developments, homes, house and land for sale and other real estate related items on Koh Samui.

Please come back every month for fresh news and information on the Koh Samui Property & Real Estate Market.
Biting The Bullet
Holding It Own
Samui continues to develop and witness massive investment.

Don’t be fooled by the seemingly adverse statistics regarding visitor numbers to Samui. Of course, the number of tourists has declined this year and anyone who thought they wouldn’t is either incredibly optimistic or very naïve.

All of the reasons for the decline are universally shared and have no specific relation to Samui. People are not avoiding travelling here because there’s something wrong with Samui. Far from it, the fact is that the number of travellers in general is down for most places around the world. The fear of getting caught up with protests, terrorist attacks, or swine-flu all deter tourists, but most significant is the fact that many people simply have less money to spend on travel.

Samui’s success or failure as a resort destination, and the island’s future, cannot be judged on one or two bad years; especially when the causes are independent and completely beyond the control of the island.

It’s not just tourism. Some property investors will also be more wary about where they place their money and therefore all real-estate markets throughout the world are likely to experience a slowdown. This is not a sign that the property industry is over. It’s just a blip from which all industries associated with Samui will recover.

In fact, this is one area where, if you delve a little deeper, you’ll realise that Samui is actually still performing very well. If you look beyond all of the negativity and consider the facts, Samui continues to expand its development in many areas, even in this difficult period.

If there’s anything that epitomises the confidence in the future of the island it’s in real-estate investment and even now during these tough times there are billions of baht being poured into the island in terms of residential construction, resort construction and infrastructure improvements.

The last year or so has seen the opening of a number of high profile resorts, such as: Melati, Silavadee, Nora, Bhundari, X2, Four Seasons, Destination and Ibis. And during the next year or so we’ll see the arrival of other hotels and international groups, such as: Conrad, D2, Banyan Tree, Mercure, Starwood, Langham, Lalit, Minor, Best Western, Muang Samui and Absolute; the list is almost infinite. And other hotels, such as the Ban Taling Ngam Resort, have invested heavily in renovating their properties to continue attracting new and return visitors.

Such massive investment hardly suggests doubt in the island’s future. To add to this impressive private investment from local and world renowned international corporations, the Thai government is now also taking an interest and seeking to realise the island’s full potential.

A whopping Bt 900 million has been allocated for improving the infrastructure on Samui to help the island deal with the expected number of future visitors and also to attract more residential real-estate investors. The clear evidence of major road improvements and better drainage can be seen all around the island. And plans are in place for a large government-sponsored conference centre to be built which will enable Samui to attract larger exhibitions and events.

The island’s facilities and services are also continuing to expand despite the current slowdown. High-profile beach clubs, such as Nikki Beach and Beach Republic, have opened to attract high-end, big spending tourists looking for luxurious beach club options. And there are signs at more grass-roots level, too, that the future looks bright. Other industries and services are opening up to cater to the expected increase in foreign residents and home owners.

Index Living Mall will be arriving soon to add to the growing number of furniture and home-ware stores; more vets and animal clinics are appearing around the island; new companies like Creature Comfort Samui have been set up specifically to look after pets in their own homes when foreign residents need to leave the island; there are more landscape gardeners, pool-cleaning companies, home maintenance services, lawyers with western staff, accountants and so on. Samui isn’t just holding its own in these areas, it’s actually progressing and moving forward in anticipation of the future.

Another very prosperous industry on the island is weddings. Samui is rapidly becoming one of the hottest destinations in the world in which to get married and many hotels are offering wedding packages to benefit from this popularity. Such is the demand, that specific wedding operators like Faraway Weddings have grown considerably as the number of weddings they handle per year has almost tripled in the last 12 months. Faraway Wedding’s appearance at the ‘National Wedding Show’ in the UK in October can only assist in promoting the island further.

So what is it that makes the government and all these companies, small and large, have such confidence in the island’s future? Well, most of the reasons are fairly obvious. Take a quick look around and you’ll immediately see the island’s natural beauty. The way in which the island has developed has been more sympathetic to the environment and more focussed on retaining that beauty than in many other resort areas. And the improvements and expansion to the airport also ensures that a higher volume of visitors can be handled efficiently.

Samui benefits enormously from return visitors. And any hotel or villa complex will confirm that many of their guests return year-after-year and stay in the same hotels or in the same areas. It’s remarkable how many tourists have actually been here before and have been unable to find a more suitable, enjoyable or cost-effective alternative anywhere else.

The island has undoubtedly changed in many ways and it will continue to do so. However, the atmosphere which has attracted so many people over time has remained. For the people who arrived in the early years, the attraction of the nature and unspoilt beauty were significant factors which encouraged them to return. But even now after extensive development the majority of first-time visitors are finding that the overall package on offer, with a large choice of accommodation, entertainment and food options, when combined with the island’s natural charm and ambience, Samui provides an unbeatable holiday experience.

So, the evidence of the continuing large-scale investment would certainly suggest that Samui is more than holding its own and that now is actually a good time to be involved in anything associated with the island.




























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