Koh Samui, located in the Gulf of Thailand, is a popular destination for tourists and expats seeking a tropical paradise. As a result of its popularity, the real estate market on the island has been booming in recent years, including the market for condominiums.
Condo prices in Koh Samui vary greatly depending on the location, size, and amenities of the property. In general, condos in prime locations such as beachfront or with stunning sea views tend to have higher prices. The size of the condo also plays a role, with larger units costing more than smaller ones.
According to recent data, the average price of a one-bedroom condo in Koh Samui is around 2.5 million Thai Baht, or approximately $80,000 USD. Two-bedroom condos have an average price of around 4.5 million Thai Baht, or approximately $144,000 USD. However, it is important to note that these are just average prices, and it is possible to find condos priced both higher and lower than these figures.
When considering purchasing a condo in Koh Samui, it is also important to factor in additional costs such as maintenance fees, property taxes, and legal fees. It is recommended to work with a reputable real estate agent or lawyer to ensure a smooth and successful transaction.
Overall, the condo market in Koh Samui offers a variety of options for those seeking a permanent residence or vacation property in a tropical paradise. With its stunning natural beauty and welcoming culture, it is no wonder that Koh Samui continues to attract both domestic and international buyers looking to invest in their own slice of paradise.