Chaweng is one of the major cities on Ko Samui island. This is a popular resort destination for foreigners, chosen not only for recreation but also as an investment or for permanent residence. Tourists are attracted by the developed infrastructure and proximity to the airport. It is also the busiest beach in the area, which is why housing by the sea is in demand throughout the year. Real estate in Thailand is represented by various types of housing but villas in Chaweng are in high demand among foreign investors.
Prices for villas and houses
The cost of houses in Chaweng is made up of several factors such as;
number of bedrooms;
year of construction;
availability of modern renovation.
The initial price of real estate starts from EUR 200,000. An elite villa in Chaweng with a swimming pool will cost more and prices range from EUR 500,000 to several million. A sea view cottage in Chaweng with 7 bedrooms, a swimming pool, built-in air conditioning, and a landscaped plot is offered for EUR 2,000,000. Villas in Chaweng for permanent residence and investment are in demand; Thailand real estate agencies note an annual increase of 5% and above. Therefore, it is better to check the final price just before buying.
Investment in houses in Chaweng
Houses in Chaweng bring a stable income so they can be considered by foreigners as a good investment strategy. Among the advantages of investing in villas in Chaweng are:
increased demand and lack of difficulty in finding tenants;
the possibility of obtaining passive income;
By law, foreigners can become owners of any type of real estate both residential and commercial. In this case, citizenship is not required. The land plots on which houses in Thailand are built are available for foreigners through a long-term lease.
Houses for sale in Chaweng
The Thailand-Real.Estate website has a wide selection of property listings in the kingdom. Specialists are ready to help a foreigner buy a house in Chaweng as well as find property in other popular locations in the country. Offers from developers and real estate agencies contain current prices. Houses in Chaweng will be a profitable investment direction and prices in rubles, euros, and dollars can be found in the catalog.