Samui Emerald is a low-rise, boutique, resort condominium that operates like a hotel. Just launched the property is primely located 200 meters from Plai Laem beach in the island’s most desirable area of Cheong mon, Koh Samui, Thailand.

With a variety of floor plans and room types on offer, nearly all budgets and tastes can be satisfied. All units are constructed with high specifications and come fully furnished with built-in wardrobes, loose furniture, electrical items and soft furnishings.

An optional rental program is available for investors who want a second income while they are not staying in their new condo unit.

Purchasing a Samui Emerald condo entitles residents’ to an impressive list of services and communal facilities including a large free form pool (and children’s safe pool), restaurant/bar (Thai and International cuisine), fully equipped fitness center, wi-fi internet service, satellite television and PABX system, maid service, 24 hours security, airport pick-up for guests, shuttle service to/from Cheong mon Beach and a reception counter managed by full-time bilingual speaking staff.

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Today’s featured property is a 1.5 Rai plot in the north-west of Koh Tao. This incredible piece of land contains already four houses, ready to move in at any time. Each house is designed differently and the area is large enough to start a resort business on Koh Tao.

Go here to read the details and see many pictures of this truly unique real estate opportunity.The property is located near Sairee and is marked as Number 1 on our Map of Koh Tao.

.Reference resource: Click Here.

Generally, under the Thai law, foreign ownership of land is strictly prohibited. Financially smart foreigners however, have found the process of purchasing condos in their own name and renting those units out for income generation to be a very attractive investment. Thus, resourceful foreigners have directly gained full control over the property they acquired in the form of condominium units. Some expats will live in the Thai condo themselves while other owners choose to have a property management company handle the rental. Some Thailand condo developers will even offer this service to the new buyers.

Since foreigners are forbidden from acquiring real properties in Thailand, they have chosen to purchase the next best thing. Acquisition of condominium units have become the simplest and most trouble-free substitute for foreigners who want to own real property in the country. Although foreign ownership of condominium units is allowed, acquisition thereof is limited to a maximum of forty-nine percent (49%) of the whole building.

Another method of indirectly acquiring real property in Thailand is through a long-term lease. Although the non-Thai is merely considered as a lessee in this case, he is converted into the virtual owner of the leased premises since the lease agreement may be drafted in such a way as to render the agreement binding for a very long time. Before the expiration of the contract of lease, if the latter changes his mind and decide to sell his rights to the leased premises, he may validly be allowed to do so as long as such an act is provided for under the contract of lease. Another alternative approach to indirectly owning real estate is the purchase of land through a duly registered Thai company.

Thailand’s return to democracy after a 15 month military rule has already had a positive impact on the property market. There have been a notable number of deals completing during high season in Phuket as well as more visitors to the sole agency projects. The newly elected government has begun to take initiatives toward a more open and favorable policy for foreign property investors. It has already taken away the 30% capital control which is thought to support bringing back foreign investments.

Property financing for foreigners in Thailand is available now. When we buy a property back home, one of the first things coming to our mind is financing. Even for those who have enough funding and liquidity for owning a property, financing is often perceived as a way of leveraging investments. For buyers with less access to funding, financing is an unavoidable vehicle they utilize to own that dream home. Considering this, Thailand is the same as any other countries.

Most of the financial institutions in Thailand offer loans for property purchases to Thai citizens and companies centered on similar criteria we are familiar with in our home countries. However, the similarities do not extend from there for most foreigners buying property in Thailand.

The issuing of the new tax incentive package is also an attractive move for the market interested in property purchases. This is anticipated to fuel market sentiments on both the demand and supply sides. Property Transfer fee will be decreased from 2% to 0.01% and Specific Business Tax for property transactions will be decreased from 3% to 0.1%.

Reliability in the market could be improved further by longer lease terms, stretching from the current 30 years to 90 years. The beginning of business lending to foreign property investors should also be considered by the government. Policies like these would enable Thailand to keep pace with its emerging neighbors, Vietnam and Malaysia, relating to property purchase terms. So, more encouraging outlook is expected for the Thai property market in 2008 than in 2007.

Since the December election, foreign investors have shown increased interest in property purchases. Established developments have witnessed a particularly alive high season. Newly awarded projects have also met with a positive response by foreigners in Thailand.

A similar trend is witnessed in Samui with a clear rise in visiting and purchases of resort properties. With surge in flight schedules, further demand will be anticipated in Samui. The Samui market for luxury villas is closing on Phuket, with the establishment of international hotel brands wooing quality tourism. Samui used to be a less favored beach destination, but this is not at all the case now as it is emerging rapidly as a beach destination. Lots of high net worth investors are now increasingly keen.

The Treasury Department’s recent land value appraisal displayed that land values in Phuket have rose by an average 160 per cent over the past four years, with Samui prices following closely. The steady rise in land prices on Thailand’s coast points to the confidence in the market and its long term prospects. If you are ready to forget the unfriendly past of Thailand and show renewed faith you are set to benefit.

On going, an investor may require paying income tax on an income he attains from his investment property in Thailand but may be quite happy to realize that there is presently no capital gains tax in Thailand. There is also a Land Tax and Structures Usage tax that an overseas investor may have to pay on their property assets but both are very much affordable. Wise foreigners in Thailand always go for the right choice in property purchases and this is definitely one among them.