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Large-scale investments over the last few years led to a residential property boom that saw land and house prices increase tenfold in some cases. This created something of a 'gold rush' and led to huge short-term investment based on fast, high returns. The recent market slow down can be attributed to a number of factors, but many long-term investors feel the island is simply entering a period of consolidation following the boom. This will allow for a more legitimate, secure market to develop with trusted players offering quality and security to their investors. The interim period will certainly present certain difficulties for investors as a solid legal framework establishes itself on the island and prices settle. With professional assistance and a realistic long-term approach, Samui still represents an attractive investment opportunity that is sure to grow and diversify furthermore Samui real estate guide |
