The old real estate adage still holds: location is paramount. Properties in desirable areas consistently command higher prices and appreciate faster over time. Consider these location-based factors:
- Proximity to amenities – Properties near shopping centres, bars, and restaurants are highly desirable.
- Access to transportation – Easy access to major roads, airports, and public transit significantly increases value.
- Quality of local schools – For families, being in a good school district is often a top priority.
- Natural beauty – Scenic views dramatically boost property values, especially of the ocean or mountains.
- Safety – Low crime rates and safe neighbourhoods are always in high demand.
Modern and energy-efficient features
as awareness of environmental issues grows and energy costs rise, properties with eco-friendly features are becoming increasingly valuable:
- Solar panels significantly reduce electricity bills and appeal to environmentally conscious buyers.
- Smart home technology – Features like programmable thermostats, bright lighting, and advanced security systems add convenience and value.
- Double-paned windows and proper insulation improve energy efficiency and comfort.
- Sustainable materials – Using eco-friendly building materials is a strong selling point.
Updated kitchens and bathrooms
These two areas of the home often provide the highest return on investment when it comes to renovations:
- Modern appliances – Stainless steel and efficient layouts are always popular.
- Quality countertops – Materials like granite, quartz, or marble add a touch of luxury.
- Ample storage – Well-designed cabinets and pantry spaces are highly valued.
- Islands or breakfast bars – These add functionality and create a social hub in the kitchen.
- Spa-like bathrooms – Features like double vanities, walk-in showers, and soaking tubs can transform a bathroom into a personal oasis.
Open floor plans
The trend towards open-concept living continues to be famous:
- Improved flow – Open layouts create a sense of spaciousness and facilitate better traffic flow.
- Versatility – Open spaces are adapted to changing needs more efficiently than separate rooms.
- Natural light – Fewer walls allow more natural light to penetrate the space.
- Social interaction – Open layouts encourage family togetherness and are great for entertaining.
- Perceived larger space – Open concepts make the space feel larger, even in smaller homes.
Storage solutions
Ample storage is always a selling point:
- Walk-in closets – Especially in master bedrooms, these are highly desirable.
- Garage storage – Built-in shelving or overhead storage in garages adds value.
- Mudrooms – These transitional spaces help organise the rest of the home.
- Basement or attic storage – Finished basements or attics provide valuable extra space.
- Built-in shelving and cabinetry – These features add character and functionality.
Low-maintenance materials
Features that reduce the need for ongoing maintenance are increasingly popular:
- Metal roofing – Durable and long-lasting, ideal for severe weather zones.
- Composite decking – This material requires less upkeep than traditional wood decking.
- Vinyl or fibre-cement siding – These materials are durable and require less maintenance than wood siding.
- Hardwood or tile flooring – These are easier to clean and more durable than carpeting.
- Native landscaping – Plants well-suited to the local climate require less watering and care.
While the specific features that add value to real estate vary depending on the local market and buyer preferences, the above elements are considered valuable across many markets. Real Estate in Koh Samui features properties that combine these desirable features with the island’s natural beauty and tropical lifestyle.