Directors & film producers go-to location for a perfect tropical island setting? The world famous limestone rock formations. Positioned centrally between some of Thailand’s most popular tourists destinations Phuket, Krabi and Phang Nga is Koh Yao Yai
Thailand’s resilient property market makes it easy to embrace the idea of setting down routes in the Kingdom.
Charlie Raines a US born citizen and Seafood Mogal aka the Stone Crab King
relocated to Thailand in 2001. Living the Thai dream of tropical island life. Purchasing land through a Thai company for investment is the easiest way of owning land as a foreigner and Charlie prospected nearly 20 years ago.
10 times cheaper than Hawaii, close to 2 international airports, with 4 car ferries per day and speed boats for foot passengers leaving every hour. Now one of the last frontiers to buy island land at a reasonable price is Koh Yao Yai in the Andaman Sea.
When buying land in Thailand you need to be either a Thai National or have a Thai Company. Any good lawyer in Thailand can help foreign nationals with this process and bring you closer to your dream.
So What Can You Get For Your Money?
When prospecting to build a real estate project or the perfect island getaway home, price can be a key factor. There’s a lot of other boxes that need to be ticked.
Elevated on a small hill, endless view, easy road access, along with public water and electricity mains. Full infrastructure.
Ticking all the boxes
For premium sea view land? On a 6 ½ Rai (10,400 sqm) total land plot, with 260 meters of uninterrupted ocean and limestone island scenery – Charlie’s land (Or more aptly put, Charlie’s company land, ready for transfer to new owner).
To buy this whole plot is 35,000,000 THB ($1,100,000 USD)
Intercontinental – the well known hotel brand has already planted roots on the island 5 minutes away with a 300 room resort due to open in July 2020.
Perfect for a prospector that wants to build a small resort business. Sustaining yourself indefinitely with the island lifestyle dream at a reasonable price.
If you don’t have that kind of scratch, or your dream is a bit smaller, the starting price for a subdivided plot from 800 sqm to 1,600 sqm averages out at 7,500,000 THB ($237,000 USD), perfect to develop your dream.
Is this the right plot for you?
Serial Entrepreneur and Founder of Asia Lifestyle Magazine.
Originally from the UK, Asa Marsh has been based in Asia for many years. Well known for guiding his Real Estate and Lifestyle company Easy Living Phuket to win the title of “Top 10 Real Estate Agency – Southeast Asia” in 2018.