Total Rai Available - 7.75 Rai
Cost of Property & Land - 85,000,000
Can Sub Divide? - No
Title Deed - Chanote
The property is a fully established bungalow
business on the north shore
of Koh Phangan in Chalok Lam Bay. Positioned with its own private
beach, swimming pool, restaurant and twenty five bungalows that have
either recently been built or renovated. The business offers an excellent
investment – whether for purchase or for rent.
Included within the seven and three quarter Rai property are also staff
accommodation and landscaped grounds with plenty of room for
The river that runs past the resort offers mooring for a boat and creates
privacy for the guests.
In the background the stunning Chalok Lam Bay mountains frame the
property and add drama and effect.
• 10 year contract with five years free (a total of fifteen years).
• Option to renew for a further 15 years.
• Non refundable deposit of 13,905,000 Baht (13 Million nine
hundred and five thousand Baht).
• 10 yearly payments of 3,244,500 Baht (3 Million two hundred and
forty four thousand Baht.
• Refundable 3 Million Baht deposit at the end of ten years to cover
the next five years.
• Renter can build more bungalows and buildings – must have
agreement with the owner (the owner is a builder and can also
provide architect etc)
• The land area is 7.75 Rai and there are 25 existing Bungalows
1 large restaurant with large kitchen plus various motor bike parks
Over fifteen years each bungalow must average 10,300 Baht
income per month to break even. At today’s price that is 4 or 5
nights rental each month. At the prices in five or ten years this will
be 2 or 3 nights rental per bungalow.
Full Details - Property File
Distances - (Approximate)
To the sea - 0 Metres
To the nearest village - 1 Kilometre
To Thong Sala - 12 Kilometres
Located Near Route - B
Situated - Coastal
Aspect - North
View - Ocean view
Geography - Flat / Gently Sloping
Terrain - Grass or Soil / Trees
Utilities and Access
Electricity - Yes
Water - Yes
Telephone & Internet - Yes
Public Sewage - Yes
Access to road - Public Road
North - Sea
East - Fields / Empty
South - Shop
West - Bungalows
Rental Possibilities - YES
Cost of Rent per Year - 3,244,000
Baht (please see above for exact details)
Deposit Needed - 13,905,0000
Baht (non refundable)
Able to Build - YES