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Million-dollar homes for Koh Samui |
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Tuesday, 11 September 2007 |
Koh Samui is turning into Thailand's latest market for million-dollar villas, according to international real estate firm CB Richard Ellis. The firm said it has noticed an emerging market for top-end villas on the island that achieve prices in excess of $2 million. The international property consultant operates offices in Bangkok and Phuket, and has now opened a third office on Koh Samui. Since the 1980s, mass tourism has transformed the island from one that specialized in growing coconut trees, into a popular destination with hundreds of hotels and resorts.
DPA
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