Resort property is bought on the strength of a place and sold on the strength of a market. The gap between the two is where most disappointment in Thai coastal property comes from.
Supply is the first question
A property competes on resale against everything that can be built near it. Constrained land — a headland, a park boundary, a bay with no road behind it — is the most durable protection a buyer can hold.
Liquidity is the second
How many buyers exist for this specific property at this specific price? Unusual structures, very large houses and unusual locations all narrow that pool, and a narrow pool sets the discount you accept when you want to sell.
Carrying cost is the third
Maintenance, estate charges, staffing and tax accumulate across a holding period and rarely appear in the purchase decision. Rowmere does not use projected or guaranteed return figures: rental performance varies by year, by scheme and by operator, and any figure presented as certain should be treated as marketing.