Rapid growth (highways, hospitals, shopping malls) translates into increasing pressure on house prices; the last 2-3 years have seen the market value of property more than double in some areas, with no signs of slowing growth. So it makes sense, if you see Krabi as a potential place to settle down in your golden years, to invest in a home now, rather than waiting until your 60s.
A pool villa in Krabi or Ao Nang beach can be used as a second residence for holidays, saving on hotel costs. In addition, until you are ready for a permanent move, it can be rented out to tourists and used to generate additional income to cover your investment. Design and construction firms will also offer management and a rental program after any villa built by them is completed, thus ensuring your property is well-maintained as well as maximising its money-making potential. A realistic minimum that can be expected is around 6% annual return on investment.
When choosing a home in Krabi, a new custom build is preferable to an already constructed house; not only will this allow you to design your home exactly as you would like it, but you can also then be sure of the quality of construction and materials used. This is critical, especially in a tropical climate, where house finishings - and even the structure - can degrade very fast. If you plan on moving in 10 or 15 years, this is enough time for a poorly built home to be in need of serious repair.
Choose a company that has experience designing and building homes for future retirees. They will automatically add features such as extra security, guest bedrooms, outdoor living space and manageable gardens, as well as ample storage for owners so that the villa can easily be rented out in their absence. All materials are selected for their durability and low maintenance requirements to create an easy to care for, modern home that will withstand the elements and the test of time - leaving you free to enjoy your new leisurely lifestyle.
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