1st Choice for Holiday Rentals on Koh Phangan

 

Koh Phangan Property Sales

Koh Phangan has come a long way from its days as a cheap and cheerful hippie hangout to become a more high-end boutique destination for travellers looking for authenticity and comfort. In the last decade, the island has developed into one of Thailand's premier tourist destinations with a wide range of niche hotels, spas and restaurants.

As the island's popularity amongst the more affluent traveller has increased, the tourism industry has slowly spilled into a newly established property sector in which various types of properties are sold to locals and foreigners as an investment or as a holiday home. Foreign buyers typically include expats living in Thailand or wider South East Asia, who wish to own a second home in paradise that they can rent out when they're not using it themselves. Locals often buy property on Koh Phangan with the view of renting it out to tourists visiting the island looking for a more personalised experience than the typical hotel or resort.

The type of properties vary tremendously and there is something to suit everyone's needs. In the last couple of years, there has been an increase in the construction of luxurious private villas in prime beachfront or sea view locations. These private villas feature everyone one can imagine from large infinity pools, modern kitchen facilities, play areas and entertainment rooms, and the newest technology such as satellite TVs, wireless internet and CCTVs.

For investors looking for a more affordable option, Koh Phangan also feature some excellent bungalows which are great value for many as they tend to cater to a wider range of tourist for rental purposes. Original wooden architecture is often utilised in order to optimise the resources available and make for an authentic looking end-product.

As with any property purchase around the world, it is the buyer's responsibility to conduct due diligence prior to signing any contract. Thailand's ownership laws can seem very complicated for a first-time investors and it is recommended to use the services of a renowned agent or law firm in order to minimise risk and protect the investment. Koh Phangan Holiday Homes can assist buyers in various aspects of the buying process including information about the rental market on the island and the general tourism industry.




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