Are you dreaming of a holiday in Thailand and you’re wondering how to rent a house in Koh Samui?
If you’re planning to stay in Koh Samui for a few months, or even just for a few weeks, it could be really interesting to assess the rent of a property. Rent a unit (villa, house, apartment or studio) is definitely cheaper hotel in purely economic terms, it will also allow you to feel “at home” and even cooking.
In Koh Samui you’ll find a huge selection of styles; from a romantic bungalow on the beach to the most economical detached house far away from the sea; from the apartment building with high-tech furnishings and finishes to the villa (with or without swimming pool).
The price varies according to a number of parameters:
- The periodicity: commercially, the year of Koh Samui is divided into 3 parts: the peak season (mid-December to late January), the high season (February to April and July to September) and low season (the rest).
- The contract period: the rental prices about long leases are more negotiable compared to the short term.
- The location: beach front buildings or sea view are more expensive than all the others; also some areas better served (Chaweng, Lamai and Bophut) generally it is more expensive than other decentralized locations,
Usually, the buildings, are already furnished and equipped but sometimes, they are not properly furnish. Rarely you could find in affordable unit, for example, stoves and sheets but, remember that you can buy what you need with a few money and it is quite easy sell the whole thing just before leaving. When you definitely decided to rent a property, it is essential know: Where you would like rent it Your daily or monthly budget From when to when.
You can find a rental property just exploring the area affected (there are a thousand signs with phone numbers about rental offer) but, the best and safe solution is contact one of the many real estate agencies on the island and explain to your agent what would you like rent.
Make sure the property availability during the period requested and leave a deposit to confirm it (usually just the 20/30% of the whole amount).
The handshake or a simple verbal agreement, here as elsewhere, do not have much value; only cash will secure the accommodation. Once you find the home you want, negotiate the daily or monthly price (directly with the owner or his agent) and all incidental expenses.
Usually in the short term agreement all extra costs are included (sometimes the electricity it is not), whereas the long term, all the extra expenses are not included (water, electricity, Wi-Fi, cable or satellite TV, housekeeping services etc) so, it is very important to know the amounts before sign the rental contract.
Regarding a long-term agreement, all the landlord will ask you a security deposit, by cash, that usually it will be paid during the check-in. It is a guarantee for the landlord in case of damages at the property or in case of missed bills payment.
Generally, it is equal to one or two months of rental amount. I remind you that usually, the tenants have a week’s time from the check-in to inform the landlord (or his agent) about any problem, malfunctions or damages at the property.
Moreover don’t forget that, usually, a month before the contract expires, you should notify the lessor (or the agent) if you won’t renew the rental contract (obviously it depends which kind of contract you have).
Do not be scandalized if the owner or the agent will ask you for a copy’s passport, it is a guarantee and also it could be necessary in case of an Immigration inspect.
The contract you sign is generally a basic standard in English contract or Thai + English. Read it carefully, as you would anywhere in the world.
Check the dates, the figures and extra expenses, which must be indicated in detail.
After signing, ask to keep a copy of the contract along with all payment’s receipts. …and then, enjoy your house on Koh Samui!