Thailand Estates Property Guide Issue 16 th

Page 1



PHUKET - BANGKOK - PATTAYA

Charter

Sales & Service

Brokerage

P50

V CLASS SPORTS YACHTS: FLYBRIDGE MOTOR YACHTS:

P62

V42 42

V45 50

V48 54

V53 58

V58 62

V62 67

V65 21M

V70 V78 V85 23M 85MY 95MY

Phuket Sales Office M: +66(0) 81 9583488 , +66 (0) 81 9799911 E: info@boatlagoonyachitng.co.th Phuket Service Office M: +66(0) 80 1446473 E: service@boatlagoonyachting.co.th Pattaya Office M: +66(0) 87 8276152 E: pattaya@boatlagoonyachting.co.th www.boatlagoonyachting.co.th | www.boatlagoonyachting.co.th/charter




Editor:

Ellie Maghraoui Steve Bevan Marketing:

SEC Media Co., Ltd. Graphic Designer:

Narinthip Jutin Worawut Timwon Printing Coodinator:

Narinthip Jutin Photographer:

Jiraphol Rikshasuta (Rang) Distribution:

SEC Media Co., Ltd. T.E.C. (ASIA) CO., LTD. Samui Branch:

5/5 Moo 6, Bophut, Koh Samui, Suratthani 84320, Thailand T: 077 414 222, 077 414 333 F: 077 414 321 FRONT COVER:

The Lighthouse

Thailand Estates Property Guide Magazine is a publication by SEC Media Co., Ltd. contact@sec-media.com

Phuket Branch:

1Plaza Del Mar Building Room no.112, Pasak – Koktanode

Road, Cherngtalay, Thalang, Phuket 83110 Thailand T: +66 (0) 76 318 282 F: +66 (0) 76 318 288 Pattaya Branch:

573/78-79 Moo 5, Soi Naklua 25, Naklua, Banglamung, Chonburi 20150 Thailand T : +66 (0) 38 371 095 F : +66 (0) 38 370 762

Thailand Estates Corporation is a corporate real estate publication aimed at investors interested in Koh Samui. It features many articles & in-depth real estate studies as well as hard factual information including high-quality listings of projects and land available on Koh Samui. The publication is quarterly and is distributed all over Koh Samui and is available online at

www.ThailandEstates.com.


INTRODUCTION

A

recent study I saw predicted that nearly half of us would own an overseas property within the next three years. That’s an amazing figure, which goes to show the huge change in the way we all think about overseas property. No longer just a second home to retire to, nowadays we are buying overseas property earlier in life, and for investment as much as lifestyle reasons. Even first-time buyers, put off by high prices and the scarcity of good housing at home, are buying overseas. With all the turmoil on the stock markets, more and more people are seeing bricks and mortar as the best way to invest for the future. Why put your money in a bank and earn 5% on it if you’re lucky when property has a far higher historical rate of return than this? Why put your hard-earned cash somewhere it is doing you no good when you can invest in a beautiful home that you don’t only get to enjoy yourself, but also can rent to others? I’ve never been in the business of guaranteeing you all the riches of the world, and as owning property overseas becomes the norm, I don’t have to – we all know it can be a fantastic investment. What I am in the business of doing is trying to give you everything you need to make your overseas property “career” an exciting, fun and in all likelihood a profitable venture. I am not documenting all our achievements simply to boast, but rather to reinforce for you this massive belief we have in overseas property and the commitment we have to being by your side for the long run. We know how property investment works, we

believe in its potential to make money for investors, and we want to spread this word further and further. That’s why we’re continually adding new areas of Thailand to our portfolio. That’s why we’re always looking for new ways of letting people invest in property (look out for our new “condo-hotel” project, the Light House …). That’s why you can be confident in trusting us. I look forward to being able to assist the foreign and Thai investors in acquiring their property or Land portfolios with peace of mind expertise. We have some very exciting plans for the near future, and I look forward to the continuous success that Thailand Estates has achieved to date. So to all customers, old and new, I thank you for your business and look forward to serving you in the future. And if you’re not a customer yet, I hope my company can persuade you to take the plunge and get involved in the exciting world of overseas property. We’ll be with you every step of the way. That’s my promise to you..

Chaiyakarn Sudampanthorn (Heng) Chief Executive Officer, Thailand Estates Corporation



Issue.16 October - December 2008

CONTENTS 44

13 40 PROJECT REVIEWS

CD&P: Penthouses & duplex apartments of refined elegance commanding stunning views over the ocean located on Samui’s most enchanting natural location...page 51

Company Profile

08

Phuket Zoning Laws

14

Golfing in Phuket

21

PROJECTS

COVER STORIES

Baan WANA: Modern Villas Centrally located in Phuket, with prices from 6.7 Million THB...page 11 The Laguna Project: Set amongst tranquil surroundings including lakes and lush greenery with...page 42 International School by Open Gates: Providing a broad, liberal education producing academically well-qualified students, with...page 56

Buying Off-plan Property 12 Outrigger Serenity Terraces Resort

25

The Phuket Property Market16 Escape With A Little Help From Simpson Marine 40

51

PHUKET

27

Dharma Natai

15

Baan WANA

11

Surin Park 13

Kamala Paradise

32

Villas Aelita

24

Richmond Group 26

Royal Phuket Marina

38

The Lighthouse

44

Dhevalai 50

51

Suriyan Heights

52

Mont Tara 53

Chaweng Sila

54

International School by Open Gates

56

The Laguna Home

42

Samui Overview

46

Samui Zoning Laws 60

TEC Events-Exhibition

64

Land Investment

66

3D Digital Survey 67

SAMUI CD&P

87

LISTINGS

Residential Listings in Phuket 27 Land Banking 68

Commercial Listings

72

Residential Listings 76

Land Listings

82

Luxury Rentals

88

Rentals Listings 90

Classified Listings

92

Directory

96

78


THAILAND ESTATES C O R P O R A T I O N

Your Global Thai Connection Thailand Estates is a successful, well established real estate brokerage firm providing turn key commercial, residential, management, acquisition and project sales services to its clients and partners. Our firm’s dedication, vast experience, and comprehensive range of services, ensures that all our clients receive a competitive edge in the complex world of real estate investment. We at Thailand Estates take pride in providing an unsurpassed array of residential real estate services to buyers, sellers, investors, developers and those looking to build their dream home. Our residential division property associates have extensive local knowledge and experience in all

8 THAILAND ESTATES PROPERTY GUIDE I www.ThailandEstates.com

areas of residential real estate transactions. When buying or selling your home or investment property, call Thailand Estates. Land Acquisition & Development Retail, Office and Industrial Sales & Leasing Marketing / In-Depth Analysis Consulting Residential Investment Services Project Sales & Marketing “Our success can, in part, be attributed to providing each of our clients with our undivided focus and attention. We are known for our outstanding service and strive to create customers for life”.


I COMPANY PROFILE

Valuation, Research, Development and Consultancy With an unrivalled coverage of the island and strong local contacts, Thailand Estates is well placed to assist prospective investors who are looking for more than a “brokerage” service. Thailand Estates’s consultancy services include land use studies, redevelopment advice and detailed feasibility studies. With combined experience of over 17 years in Samui as well as the international real estate market worldwide, our team has the expertise required to offer practical advice to clients on these issues. By conducting regular market research we are always on top of trends on the island giving us a distinct edge over our competition. “The rapid and continuous growth on Koh Samui over the last few years has brought it to the world’s attention and with that has encouraged both government investment to improve infrastructure and private investment such as the new Santiburi Golf Course, Private Hospitals and The Four Seasons Hotel which are set to encourage further growth and stimulate tremendous real estate demand offering client’s unprecedented investment opportunities.”

“In-depth local market knowledge and transactional experience places Thailand Estates in a unique position to offer advisory services to investors interested in Koh Samui” Chaiyakarn Sudampanthorn (Heng) Chief Executive Officer

Corporate and Investment Relations We can also provide you with a wide range of advisory services designed to help clients and asset seller’s benefit from our experience and specialist expertise.

After a comprehensive consultation regarding your circumstances, we will help you make the right decision with investment or disposal in commercial property. Our primary focus is on sizeable land acquisition for developers, Hotel acquisitions, serviced apartments and condominiums. Thailand Estates is uniquely exposed to various investments and opportunities across Thailand. We concentrate on maturing tourist hotspots such as Bangkok, Phuket, Koh Samui and Pattaya. We have privileged local contacts so together with careful planning and knowledge of your requirements we will recognise if these opportunities are right for you. This is where we step in to assist. We will pre-screen opportunities before they are even presented to you. You can count on us and let us help you make the right choices!

“After a comprehensive consultation regarding your circumstances, we will help you make the right decision with investment or disposal in commercial property. Our primary focus is on sizeable land acquisition for developers, Hotel acquisitions, serviced apartments and condominiums.” Chaiyakarn Sudampanthorn (Heng) Chief Executive Officer

Project Development Department The success of our previous projects is a testament to the capabilities of Thailand Estates’s Development Department. With it’s own in-house contour and survey department and with outsourcing to only the most reputable construction companies and architects any project Thailand Estates undertakes is in more than capable hands from start to finish.

“We in the development team are here to engineer the most

effective and profitable

developments for our clients in order to maximize investor returns.”

Babthai Saithong (Rose) Development Manager

Marketing Services and Project Marketing Consultancy Services Our consultancy services are tailored to meet individual client needs and cover marketing research, audits, strategy, planning and implementation. Research/Audits • Evaluate market sectors to identify needs and opportunities • Competitor analysis • Customer attitude surveys • Evaluation of existing marketing operations Strategy/Planning • Define market opportunities • Formulate objectives • Prepare marketing plans • Develop marketing communication plans & budgets Implementation • Assist with implementation of marketing plans • Produce & manage promotional campaigns • Provide on-going mentoring/ support to develop and grow your business through the application of effective marketing • Support from the TEC International Network

www.ThailandEstates.com I THAILAND ESTATES PROPERTY GUIDE 9


“An asset in today’s strategy can become a liability in tomorrow’s market. An effective marketing concept addresses these changes.” Chaiyakarn Sudampanthorn (Heng) Chief Executive Officer

We can help you find the most suitable location for your business and work together with landlords, developers and retailers to obtain the most attractive package for all involved. We can also manage your commercial property, from small, individual units to entire commercial complexes.

“Our aim, in light of the fact that the majority of our clients are absentee landlords, is to maximize the returns on their property whilst ensuring that their tenant’s needs are fully catered for.” Chaiyakarn Sudampanthorn (Heng) Chief Executive Officer

Residential Sales Thailand Estates has an established reputation as the premier and only licensed and certified agency for residential property on Koh Samui. Since the start of the boom a few years ago Thailand Estates has been recognised as the benchmark that other firms aspire to. Catering for both expatriates and locals Thailand Estates offers complete sales packages, property searches, negotiation and legal referrals for both buyers and sellers of small to large scale properties.

“The undeniable power of Koh Samui’s growth has split the international investors into two groups: those with investments in Koh Samui, and those planning investments in Koh Samui.” Vincent Brun Sale Manager

Commercial Services Our commercial services team draws on it’s combined experience and knowledge of the market place to assist clients.

“Thailand Estates’s dynamic and innovative team provides clients with a wide range of services ranging from consulting, consolidating existing schemes and leasing onbehalf of a tenant and landlord.” “Our principle is that we are not just leasing the building but giving life to it. Our aim is to achieve an attractive tenant mix which creates a successful retail operation.” Vincent Brun Sale Manager

Residential Leasing

Land Acquisition With an unrivalled coverage of the island and strong local contacts, Thailand Estates Corporation is well placed to assist prospective investors who are looking for more than a “brokerage” service. Through our local office in Samui, we have access through our vast resources and contacts to assist us in procuring real estate land acquisition opportunities. We can assist you from the initial stages of procuring the land, to obtaining all necessary permits and zoning requirements for your project. In some instance we may have an inventory of land that is already zoned for residential or commercial development. Whether you are looking for property to develop a residential project, resort or hotel development, our firm can assist you every step of the way. Our land acquisition services will assist you in finding the raw land that is right for your project and how to maximize your international real estate acquisition.

Thailand Estates’s rental department is continuously adapting to fit to the growing rental market on Koh Samui. With new developments springing up every day it requires an efficient team to acquire the latest luxury villas onto Thailand Estates’s listings as we aim to offer the widest range of rental properties on the island. Whether you are looking for a stunning sea view villa for your holiday or for residential housing for the short or long term we have a broad selection of properties. Our Villa Paradise section in this magazine features some of the most luxurious villas available.

10 THAILAND ESTATES PROPERTY GUIDE I www.ThailandEstates.com

T.E.C. (ASIA) CO., LTD. Samui Branch:

5/5 Moo 6, Bophut, Koh Samui, Suratthani 84320, Thailand T : 077 414 222, 077 414 333 F : 077 414 321 Phuket Branch:

1Plaza Del Mar Building Room no.112, Pasak – Koktanode Road, Cherngtalay, Thalang, Phuket 83110 Thailand T : +66 (0) 76 318 282 F : +66 (0) 76 318 288 W : www.ThailandEstates.com E : contact@thailandestates.com



ARTICLE I Buying Off-plan Property

Buying off-plan property As Phuket, Samui and the other resort areas are still growing constantly; new projects are being launched into the market, with the majority of them selling the units before construction has started. The main reasons for that can be to generate a certain percentage of the total project value in sales revenues to pre-finance construction costs. Some developers also need a certain sales record to obtain bank financing which does not necessarily mean that they don’t have the finances to develop their project but rather for fiscal reasons.

Why off-plan? Buying into a development at an early stage can have tremendous advantages. “Early birds” are getting benefits of prices often way below market price. The reason is that from pre-construction to completion of a project the prices can increase between 25-50 % which makes up a big difference. Apart from that, buying into a project has the additional benefit that those who come first can choose the best units. Often this cannot only be a personal advantage but also lead to better resale values as a better located unit always sells quicker and for a higher price. To buy a unit in the pre-construction phase can also have the great advantage that you can give your home an individual touch. If you want to change a layout, add rooms or features, change finishes like flooring. Investment buyers purchase units – often in bulk to get even further discounts – to resell them even before the project is completed. This can bring high profit margins for investors. In Dubai’s property boom some project units were sold 3-4 times before completion, each time with higher prices. When buying off-plan properties for investment purposes purchasers often “flip” the units meaning the purchaser sells on the units prior to the legal title transfer and makes a profit without becoming the legal owner of the unit. The main reason being is that investors want to save costs on transfer fees which can make up a distinct percentage of the profit when investing.

Risks Having pointed out the advantages of off-plan purchasing there are also some risks to it. Many buyers are concerned about the financial stability of the developer, his track record and reliability. Numerous stories from the past made clients cautious about investing in properties too early and maybe taking the risk of losing their funds invested in a project that is never going to be built. Agents as well as developers are now aware of these rising concerns and therefore only market players with a proven track record can sustain. Developers with track records of previous projects or other flourishing business’ that they operate give buyers a greater feeling of trust that their investment is safe. Also, a secured financing for the project is a good indicator on how secured one’s investment is. Therefore, especially Thai developers enjoy the advantages of bank loans to secure financing for their development which often results in stronger sales as they can start construction after having obtained bank financing and buyers see a movement in the development. There are various projects that have the financial backing of big investors and therefore also these projects enjoy the confidence of both, agents and purchasers alike. However, that does not necessarily mean that small-scale developments always have to carry a risk of never being built. More importantly is to look who is behind the project, what has been achieved etc. etc.. ….. 12 THAILAND ESTATES PROPERTY GUIDE I www.ThailandEstates.com

To give buyers additional protection and peace of mind, more and more safety procedures enter the market. The common protection features are stage payments within a certain milestone of the construction of one’s villa or the whole building, incase of a condominium project. Furthermore, developers insurances can be obtained to secure client payments or sometimes escrow accounts are being offered to secure payments. When buying a completed unit or resale property purchasers avoid the risk of long construction periods or late completion. Often delays can occur due to weather problems, change of contractors or other unexpected problems which can push completion a few months behind. Buying an off-plan unit for investment purposes and quick resale can hold the risk of not being able to sell on the unit as fast as expected. To prevent from this, it is important to choose a top quality project which can stand out from the mass market and can be forecasted to sell again for a premium compared to the off-plan price.

Location, quality of the finishes and construction, management and position of the unit within the complex are key issues to be considered when planning to make profits out of short-term property investments. Glossy brochures, 3D-images and even animated movies all show how beautiful a project will look in the future. However, what comes out at the end can be very different from those previous images. Helpful tools are show units that show all material specifications used for the other units that are going to be build. Other possibilities include material boards that show wood, tile and other finishes or specification lists with a detailed description of the materials used. The latest government regulations for condominium projects have been adjusted to make developers liable to the accuracy of information presented in the brochure such as images, facts and features. This should give buyers additional peace of mind when choosing their dream property from a brochure.

Conclusion Off-plan buying is not for everyone as each purchaser has a different risk profile when looking to invest in all assets. Savvy investors try to maximize their returns and take bigger risks, as perfectly described in Markowitz’ portfolio theory by investing into projects at an early stage whilst others are willing to wait and pay a higher price to receive a finished product. However, those risks can be dramatically minimized by choosing the right product offered by a trustworthy developer or introduced by a knowledgeable and professional agent of trust. Then you cannot only have a great product for an excellent price but in most cases you can adapt your property to match your personal taste.


Surin Park I PROJECT

INVEST IN A TOP LOCATION

Surin Beach

With the exclusive neighbourhood of Amanpuri, Twin Palms and the likes, Surin is Phuket’s most exclusive address to have a holiday home. A new superb condominium project creates a big buzz in the market and we had a look at it. Surin Park offers you a great opportunity to invest and own a beautiful home in the heart of one of the islands most desirable locations. Surin Park has the rare combination of not just location, design and quality, but affordability. • A few minutes walk away are two of Phuket’s finest beaches, Surin and Bang Tao. • A high-end residential address, making your investment secure and financially wise. • The elevated location not only gives commanding views overlooking the Bang Tao valley and mountains, but also provides for total privacy to our residents. • East facing, making terraces cooler and more pleasant. • The total of only 23 units which guarantees that facilities like pool and gym will never be overcrowded. • Rental Program in place with estimated

returns from 7.5% Surin Park is aimed at discerning owners and discriminating investors that value the unique opportunities this project offers. We are convinced you will agree this small exclusive development will make the decision to invest extremely easy. Our objective was to design and build a small high quality and stylish community, with privacy and tranquility, yet, within moments from Phuket’s finest restaurants, beaches and lifestyle. As our most important consideration was the difficult task of identifying the ideal location, and using strict criteria, we knew it would take time and patience. However, finally, we were fortunate to find the perfect land, and in one of Phuket’s most desirable areas, Surin. With easy access to two of Phuket’s most beautiful beaches our concept now had the three most important factors, location, location, location ! Surin Park condominiums are the perfect example of modern day living. Only using premium quality materials, these state-ofthe-art condominiums offer spacious open plan living. Bright, breezy and fresh, all condominiums are designed to optimize the beautiful surrounding environment and outdoor lifestyle, the three track sliding doors open

onto a spacious terrace providing complete synergy to indoor and outdoor living. Each terrace has a built-in BBQ grill perfect for entertaining or relaxing after a hard day at the beach!a spacious terrace providing complete synergy to indoor and outdoor living. Each terrace has a built-in BBQ grill perfect for entertaining or relaxing after a hard day at the beach! With its elevated position Surin Park provides a truly peaceful and natural environment with sweeping mountain views, maximum privacy and only moments from white sandy beaches Surin Park is truly a unique location. The tropical landscaping at Surin Park is in keeping with the natural environment and the communal swimming pool and Jacuzzi and has been designed to provide total peace and privacy. Positioned in order to receive optimal sunshine this is a beautiful area that oozes calm and relaxation. Surin Park truly offers the highest quality in condominium living.

For more information contact: Thailand Estates Corporation Phuket Branch T: +66 (0) 76 318 282 F: +66 (0) 76 318 288 E: phuket@thailandestates.com W: www.ThailandEstates.com

www.ThailandEstates.com I THAILAND ESTATES PROPERTY GUIDE 13


ARTICLE I Phuket Zoning Regulations

Phuket zoning regulations Over the past decade, Phuket has seen a remarkable increase in construction and property development throughout the island. Like many places, Phuket does have zoning rules which regulates what can or can’t be built in any particular area. Concerns for the environment and structural integrity are one of the many reasons for having such controls. These are mainly covered under the umbrella of the Environment Quality Promotion and

Preservation Act B.E. 2535 (1992). Many of the zoning laws in Phuket have been introduced since 1997 and since then many local guidelines have also been introduced not only on a provincial level but also within each districts and sub-districts. In general, Phuket is separated into 8 different zones. Each zone contains certain restrictions which take into consideration not only environmental and safety rules but

also means to protect historical sites in and around the area. The rules also ensure property development on the island is sustainable and in harmony with its greatest asset, namely, it’s natural beauty. These zones provide a basic guideline as individual districts throughout the island do have specific regulations it must follow as well. The zones can be summarized as follows:

Phuket Zoning Regulations* Zone Distance Maximum Minimum Number from Sea Height of Uncovered (meters) Building Space for (meters) Residential

Minimum Height Gradient Other Uncovered from Restriction Restrictions Space for Mean Sea (degrees) Industrial Level (meters)

1

50

6

75%

40%

n/a

n/a

No construction within first 20 meters from sea

2 3

200 400

12 16

30% 30%

10% 10%

n/a n/a

n/a n/a

n/a n/a

4

n/a

60

30%

n/a

n/a

n/a

Height restrictions vary depending on the area and the density

5

n/a

6-12

30%

n/a

n/a

n/a

Height restrictions dependent on approval

6 7

n/a n/a

8 0

40% 0

n/a 0

40-80 Above 80

33 n/a

8

n/a

23

30%

n/a

n/a

n/a

No building permitted Covers any other areas not allocated within Zone 1 to 7.

Š Siam Legal International *This table is intended only as a guide and the publisher will not take any responsibility for any errors, loss or omissions which may occur.

As mentioned earlier, there are a number of other restrictions in place in Phuket. From a consumer perspective, it is worthwhile for buyers to keep these issues in mind as well particularly when buying off-plan property. In order to ensure that the developer is able to build what they promise on paper, zoning rules should be taken into account.

Zoning is perhaps one of many important checks which have to be done in any due diligence exercise as this will affect the end result and could save a few headaches in the upon completion. At the end of the day, it is good to know that Phuket do have measures in place which protects the sustainability of the island. This would also, in turn, ensure that the property sector maintains its integrity and economic viability in the international arena.

14 THAILAND ESTATES PROPERTY GUIDE I www.ThailandEstates.com

Siam Legal is one of the largest legal networks in Thailand.


www.ThailandEstates.com I THAILAND ESTATES PROPERTY GUIDE 15


ARTICLE I PHUKET PROPERTY MARKET

The Phuket Property Market

With a population of round 322,000 registered people Phuket is Thailand’s largest island. Measuring 48 kilometers (34 miles) north to south and 21 kilometers (16 miles) east to west. Phuket is often described as “the Pearl of the Andaman Sea”, due to its natural beauty and white sandy beaches which are even in Thailand’s other resort areas hard to find. Phuket is an 85-minute flight away from Bangkok and is rated as the country’s wealthiest province after Bangkok Metropolitan Area. Historically, Phuket’s main source of income has been tin mining since the 16th century. Many of the old tin mining sites have now successfully been converted into projects like golf courses (Red Mountain) or real estate developments (Laguna). In recent past, rubber planting is a main source of income but is still far behind the tourism industry which forms Phuket’s biggest source of income. Phuket is one of Asia’s premier tourist destinations. Travelers from throughout the world are drawn to the resort island’s unmatched beauty, pristine beaches, first-class hotels, amazing diving sites, fine dining, vibrant nightlife, yacht marinas and excellent golfing. Visitors come from all over the world with Europeans (UK, Scandinavia, Germanspeaking countries), Australians and Koreans being the majority of tourists. Recently, there has been stronger numbers for travelers from the Middle East and Russia which is expected to rise in coming years. Since the Tsunami in December 2004 the island’s visitor’s number increased constantly, making a 11% jump year-on-year and hit the 5 million visitor mark in 2007. With a continous upwards trend in tourism numbers Phuket’s real estate market will certainly benefit as well. Phuket International Airport welcomes several direct flights from Hong Kong, Singapore, China, Russia and Europe which is a great addition to the well-established infrastructure on the island. Furthermore, there are daily between four and five landings of private jets on Phuket which raised discussions about a special private jet terminal at Phuket International Airport. Phuket is more and more developing into a destination for permanent residence for foreigners. The relaxed atmosphere, tropical climate and low costs of living offer great lifestyle for Expats. With an increasing number of foreign residents there have been excellent improvements in infrastructure on the island. 16 THAILAND ESTATES PROPERTY GUIDE I www.ThailandEstates.com

To offer a high level of education to internationally growing-up children the British International Curriculum School education in all grades is excellent. Children from 18 months to 18 years can learn on international level and participate in extra-curricular activities. There is also the possibility of a boarding school. Central Festival and Jungceylon offer decent shopping for all needs. Central as Thailand’s pre-eminent commercial development group opened this great shopping mall in the centre of the island. It offers a wide range of shopping from brand name clothes to beauty, health and a department store as well as an exquisite supermarket. In 2007 Jungceylon shopping mall opened its doors in Patong Beach. With plenty of dining outlets, Carrefour supermarket, fashion stores and souvenir shops it offers a range of products for everyone. Boating plays an important role in Phuket’s island lifestyle. With the pristine beauty of Phang Nga Bay and its many uninhabited islands you can experience the true Robinson Crusoe feeling. There are currently 4 marinas in Phuket with more being developed at the moment. Opened in 2006, Royal Phuket Marina is the latest addition to Phuket’s marine pleasure. With 300 berths for yachts and over 400 residential units plus restaurants, shopping facilities and a hotel (in the future) it is the most exclusive marina on the island. Chalong Pier, Yacht Haven and Boat Lagoon all are very established boat moorings, also located on the island’s east coast. Altogether there are berths for over 500 boats on Phuket with more to come with the Cape Yamu and Jumeirah’s private marinas. In recent years there has been a real property boom in Phuket, unmatched in any other resort destination of Thailand. It started with the Amanpuri Resort in 1988 and since then many resorts started on the west coast followed by the first real estate projects. Meanwhile, Phuket has developed into Southeast Asia’s premier luxury destination. Property prices exploded over the last years and record transactions are being made for high-end homes on the island.


PHUKET PROPERTY MARKET I ARTICLE

Phuket offers a wide range of properties from small condominium units to superb villas with direct ocean front and all amenities a luxury home should have. Prices differ as much as the types of homes depending on location, branding and quality of the development.

Recent research shows that there are currently 3,712 first-hand units for sale in Phuket of which there are 1,677 condominiums (approx. 45%) and 2,035 villas (approx. 55%).

The majority of the units are within the 10 to 30 million price bracket for both, villas and condominiums which makes 2,194 units (approx. 59% of the total supply). The luxury property (over THB 100 million) segment only comprises of 97 units which equals 3% of the total supply.

Whilst condominium units reach a maximum price of below THB 50 million villas reach up to over THB 100 million, some of which have premium prices of over THB 300 million. Some exceptional properties command prices of up to US$ 25 million.

<10

10.0-30.0

30.0-50.0

50.0-70.0

70.0-100.0

>100.0

www.ThailandEstates.com I THAILAND ESTATES PROPERTY GUIDE 17


ARTICLE I The Phuket Property Market

Beachfront properties still command top prices and are rarely on the market. As beachfront land is scarce, especially on the sought-after west coast, it is difficult to find new projects with beach access. Resale units with direct beach access don’t remain on the market for long and are usually priced at several million US Dollars. Due to the lack of beachfront land on the west coast more developments are located on the east coast or off Phuket.

Especially the mainland across Sarasin bridge, Phang Nga, astounds people with natural beauty and wonderful white beaches less crowded than those in Phuket. There are a number of established resorts and developments and beachfront land is heavily increasing in price due to the high demand. Most of the new developments there have direct beach access and/or command stunning sea views. No wonder that Phuket’s most expensive property is located there.

That Phuket is still booming property market can be seen from the total take-up rate for villas and condominiums. Overall the take-up rate is 46%, despite the fact that most developments are sold off-plan or are just under construction. The highest take-up can be seen in the luxury segment. From THB 70 million to over THB 100 million properties (villas only) the take-up rate is over 70% of the total supply which is an impressive number despite the fact that this market segment only makes 5% of the total supply.

The mid-market segment of THB 10-30 million (43%) and THB 30-50 million (59%) still shows an excellent proportion of supply and demand given the fact that these segments represent 72% of the total supply. Significant is that projects in this price range are successful if they are well-located and offer facilities e.g. gym, community pool, clubhouse, professional rental management. Undefined projects that are not in good locations (developed area, close to beach and facilities) usually show slow sales performances.

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The Phuket Property Market I ARTICLE

Considering only villa projects it can be said that the overall demand makes 55% of the total supply. The high-end property segment (THB 50-70 million) shows the biggest gap in supply and demand with only

39% take-up. This is due to the limited number of properties in this range (only 69 units of which 27 are sold).

The overall demand for Phuket condominium units makes 38% of the total supply. This number seems rather low but given the fact that most developments are still in the (pre-)construction phase and Phuket has always been a pre-dominant villa market this reflects a good market situation. Luxury condominium units (THB 30-50 million) are being snapped up quickly with 53% already sold.

regard to further changes coming into effect and increase awareness for buyer protection“, says Michael Greth, Phuket based Consultant of International Law Office (michael@ilo-phuket.com).

Prices remainded steady with a slight increase of between 0% and 4% year-on-year. Prices in the mid-market segment (THB10-50 million) had the biggest increase of 3-4%. The average price per square metre for condominium units on Phuket is approx. THB 95,000 . Research shows that the average price for a condominium unit on Phuket is approx. THB 13.1 million and the average villa price is approx. THB 33.8 million. Prices are expected to grow substantially over the coming 12-18 months despite global concerns about oil prices and credit crisis and the local political discussions. Especially the luxury segment seems untouched by global concerns and demand is stable. Apart from the advantageous freehold ownership structure condominium units enjoy a new wind by government regulations that enforce customer protection when buying into a condominium project. Basically, the amended Condominium Act shall strengthen buyer’s rights and provide standard provisions in regard to management of the Condominium by the Condominium Juristic Person (CJP) and its Manager. “Irrespective of the importance of each individual amendment under the new Condominium Act, the underlying consumer protection idea behind these recent amendments of the laws might be trend-setting in

The important amendments to the Condominium Act stipulate that developers must provide a secured access way from the adjacent public road to the Project, that developers shall be obligated to set up an office for the CJP and must provide their advertising materials to the CJP who shall act as control institution and verify that the completed project actually complies with the advertisements. Furthermore a re-definition of the term „co-ownership“ to „co-owner“, who can be an individual or corporate person to be registered with the relevant land office and mentioned on its individual condominium unit title deed as well as standard provisions have been implemented which shall regulate i.e. qualifications, nomination and suspension of the CJP’s Manager, voting and meeting procedures. „Such strengthened consumer protection laws should have a positive impact on the whole property market in Thailand and could play a decisive role in encouraging foreign investment in Thailand“, Michael Greth points out. New financing options are coming on the market, often from private mortgage brokers. This should give an additional boost to the property market. Generally, an overseas property in the first home country of the purchaser would be used as collateral to receive financing. The entire Phuket property industry is looking forward to an exciting new high season. With the global credit crisis and downs at the stock markets savvy investors look to change their portfolio to substantial assets. With the added benefit of having an asset that you can enjoy Phuket offers the ultimate investment opportunity.

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ARTICLE I

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GOLFING

IN PHUKET

Although Phuket is primarily a beach resort and people come to visit mainly for this purpose, other aspects of lifestyle play a more important role nowadays. Golf is one of those activities that has been a lifestyle choice not only for tourist but also for weekenders and residents here on Phuket. With 8 courses to play there is plenty of variety here on the island. Thailand Estates Magazine has visited them and brings an exclusive feature of Phuket’s golf courses.

Blue Canyon Country Club: The Canyon Course Carved into lush landscape surrounded by freshwater lakes, the Canyon Course boasts some 14 water hazards, a selection of demanding Par 3s and large, fast undulating greens with a mix of narrow tree-lined fairways and a number of doglegs. For its remarkable combination of features, the Canyon Course ranks as one of the most distinguished championship golf courses in Asia.

Hole 13, our hole of legends, was built on an existing canyon structure that plunges into deep waters. It was christened “The Tiger Hole” after Tiger Woods’ supreme “one-on” shot across 270 yards, from the black tee past the canyon, all the way to the green.

The Lakes Course Water hazards are featured on 17 of the 18 holes on the Lakes Course created from an original opencast mining landscape with sizeable water-filled canyons. The first 9 holes run through a series of lakes and natural canyons, whilst the rest weave around woodlands and more scenic lakes. The course is a 7,129-yard championshipmasterpiece with target-driving areas set at 270 yards. From the championship tee, Hole 18 is perhaps the most difficult natural par 4 finishing hole in golf! Awarded Best Par Four in Asia by Asian Golf Monthly.

The Clubhouse

Luxurious boutique-hotel style accommodation and facilities at the Clubhouse, including driving range, practice putting greens, golf shop, two restaurants serving international cuisine and Thai specialties, awardwinning spa, beauty salon and hair spa, gym, swimming pool and locker rooms with Jacuzzi, sauna and steam room. Each of the 32 sophisticatedly-furbished rooms or suites features an individualized Thai design with a soothingly minimalist twist. After a day of golf, guests can unwind in the privacy of their room, soaking in the Jacuzzi, watching other golfers at play on the Canyon Course from their balcony or simply basking in the tranquility of the luxuriant environment. And there’s always the spectacular sunset over the Andaman Sea to savor, not to forget the sunrise on Phang Nga Bay. The Blue Canyon’s lavishly-appointed resort apartments and villas nestle peacefully amidst the surrounding natural landscape. The 170 units are located a few minutes away from the Clubhouse and are available for short-term or long-term stay and lease. Housekeeping services are available on a weekly, monthly or daily basis.

The Blue Canyon Clubhouse offers hospitality on par with the club’s world-class golf courses.

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Mission & Spa

Hills

Golf

Resort

As the only golf course on Phuket that does not have any membership programs Mission Hills differs from other golf courses. Maybe that even has the advantage that golfers can often play in even less crowded atmosphere than elsewhere.

With the backdrop of Phang Nga bay and the azure sea right next to the golf course the views offer a sharp contrast to the deep blue water features of the course. Not many golf courses benefit from beachfront and mangroves only metres away from the holes which sometimes makes it hard not to get distracted by the natural surrounding. The Clubhouse and resort hotel feature an airy atmosphere with a cathedral-style roof and open spaces. The boutique hotel has 72 room overlooking pool and garden. Ideal for a golf vacation there are also other facilities like the Spa, Bar, Restaurant and easy access to the pristine island of Phang Nga Bay.

Phuket Country Club Right in the centre of the island Phuket Country Club has opened in 1989 and was Phuket’s first. The course offers two different rounds, namely the 18-holes old course and the 9-holes new course. With 557 yards par 5 the 10th hole is the courses’ signature hole. With the shape of a right dog-leg around a huge lake which can be reached in one but offers an exciting challenge. The new 9-hole course is a green for experienced golfers with low handicap.

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Amongst water features and lakes almost everywhere this course is a real competition in itself. The picturesque landscape around it, however, brings a balance to the difficulty of the holes. The clubhouse has its own recreational center and is located onsite the old course. Phuket Country Club is a good value for money course with easy access from all parts of the island and a good challenge, even for the experienced golfer.


Golfing in Phuket I ARTICLE With all this said one wonders ‘where did this vision come from?’ K. Banterng Tantivit is the chairman of the board who cherishes the game of golf and is a true local in Phuket that spent many of his childhood years in and around Kathu. With such roots in the area he has used his extended knowledge of the surrounding landscape and transformed an old tin mine once ignored as futile land and produced a world class golf course in its place. During the construction and design of the course he expressed his visions and provided his extensive knowledge to Jon Morrow; the designer of Red Mountain who has truly delivered exactly what he set out to, a world class golf course that tests all golfers’ course management skills and shot shaping capabilities. Not forgetting that just next door is Loch Palm golf club which has been on the island for some 15 years and has undergone splendid renovations bringing the course back to its former glory. And with both courses under the same management and ownership the dynamic duo caters to a wide variety of golfers looking for more than just a single round of golf but a combination of golfing experiences.

Laguna Phuket Golf Club Phuket’s most established and biggest residential community, Laguna, features its very own golf course, the Laguna Phuket Golf Club. The par 71 course is divided into two parts, the front 9 holes and the back 9 holes. Carved out of the existing sand hills, the front 9 holes meander through a once flourishing coconut plantation. The back 9 holes, admidst a private residential villa community, offers lush tropical backdrop of coconut palms and landscaped gardens. The Clubhouse features a restaurant, fullyequipped pro shop and locker rooms. With Sheraton, Dusit and Banyan Tree next door there is plenty of sophisticated dining outlets available for the golfers who enjoy a greater selection of meals after playing. The excellent spa facilities of these hotels are available too in case there is some pain from too many swings. With currently over 700 members, Laguna Phuket Golf Club is by far the course with most members. Member

Red Mountain & Loch Palm Golf Clubs Judging from the recent feedback from various prominent individuals in the golfing industry, ‘Red Mountain’ has earned a reputation as the one of the finest courses south-east Asia has to offer. The ‘Soft Opening’ that passed in March brought the opening of the attractive yet practical clubhouse that has already seen events catering to over 400 guests. However, the most impressive feature Red Mountain has to offer is the course itself. The drastic clashing of pure red from the scenic mountains against the undulating green fairways creates a spectacle for all golfers to enjoy. Due to the design of the course which winds its way through the mountains of Kathu, golfers experience a feeling of privacy on every hole as if the course was theirs for the day! With a full mixture of hole designs and lengths your round of golf will flow with a sense of different characteristics on every hole. Although difficult to pick out one individual hole to elaborate on the Par 3 17th is Red Mountain’s ‘Signature Hole’ and sends vibrations of shock and wonder through golfers knees once they arrive to look down on the green laying some 150 feet below the tee-box.

Nevertheless as many in golf course management know – its one thing to rise to the top, but staying there is the true test. K. Saradej is the Managing Director of Red Mountain and Loch Palm Golf Clubs and with valuable experience in the States and years of know-how running golf clubs in Thailand and is currently preparing all aspects of the Red Mountain for its official ‘Grand Opening’ set for the 4th quarter of 2008. His hands-on approach means you’ll find him personally checking the condition of every hole and debriefing regularly with Red Mountain’s superintendent K. Somdej Ratanawiset regarding all aspects of both courses. And with great success with the ‘Garden Villas’ already located along the fairways of Loch Palm golf course, the green light has gone ahead for several new developments including an ‘on course hotel’, a golf lodge, residential villas and a condominium project allowing these two courses to lift the ‘Phuket golfing experience’ to the next level for future golfers’ on the island. With the fresh introduction of Red Mountain Golf Club and the already well known Loch Palm Golf Club golfer’s from all over have travelled from near and far to see just what all the fuss is about, and after witnessing the courses it seems they’ll be back for more!

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Outrigger Serenity Terraces Resort I PROJECT

Outrigger Serenity Terraces Resort Formula 1 World Champion – Kimi Raikkönen’s choice of beachfront property in Phuket

True luxury has its price. For beachfront properties on Phuket with 5-star amenities and hotel services, this price is usually in a range that most can only dream of. An exciting development is bridging the gap between affordability and pure luxury: Outrigger Serenity Terraces Resort. Outrigger Serenity Terraces, comprising 52 luxury residential units, is located on the southeast coast nearby the Evason Hotel and the future Four Seasons hotel, Outrigger Serenity Terraces offers easy access to some of the most beautiful islands surrounding Phuket. The area is an absolute haven for yachting, diving and unparalleled beach life. Therefore, owners of Outrigger Serenity Terraces can make use of various water sports toys, including a fully-equipped speed boat, two Hobie cat catamarans, and four kayaks. With the nearby islands just a hop away, the speed boat will whisk you across the bay to your choice of quiet white sand beaches and diving adventures. Affording spectacular sea and island views, an exciting mix of apartments, penthouses and absolute beachfront villas have been designed to provide light, airy and spacious living areas.

Unit sizes range from 126 sqm for a 1-bedroom unit to 138-195 sqm for a 2-bedroom condominium. Furthermore, there are 4 Duplexes with 350 – 370 sqm living area, 4 Lofts with 259 – 378 and 10 Penthouses with 325 up to 485 sqm living space. The project will be professionally managed by Outrigger, an international hotel and resort management company and will offer full fivestar facilities including a large clubhouse and pool, gym, spa, bar and restaurant. Security, cleaning, laundry, transportation and local travel arrangements will all be taken care of for Serenity residents. For those who aren’t around all year long, Outrigger Hotels will even provide an optional resort-style rental service scheme to maximize return on investments for the investors of Outrigger Serenity Terraces.

Outrigger Serenity Terraces condominiums start at a reasonable price of THB 7.65 million up to THB 24 million for a spacious, ocean front Penthouse. With the quality of this superb project, the professional resort management and the excellent beachfront location, this is truly an outstanding investment opportunity, not only for the discerning second home buyer but especially for investors that seek for a good product with capital appreciation and attractive guaranteed rental returns of 6% p.a. for the first 3 years. No wonder Kimi Raikkönen, Formula 1 World Champion, owns a unit in this great development. For more information contact: Thailand Estates Corporation Phuket Branch T: +66 (0) 76 318 282 F: +66 (0) 76 318 288 E: phuket@thailandestates.com W: www.ThailandEstates.com

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RESIDENTIAL LISTINGS

PK003

Condominium

Kamala

2.8 – 5.6 Million THB

● Built: 50 – 94 sq.m. ● Studio - 1 Bedroom ● 1 Bathroom ● Open plan living area ● Community pool ● Mountain views ● Wireless Internet ● High quality materials ● Freehold available ● 10% rental return

PK 041

Patong

3.14 – 9.49 Million THB

● Built: 55 – 97 sq.m. ● 1 - 2 Bedrooms ● 3 Bathrooms ● Fully furnished ● In the heart of Patong ● Wi-fi Internet ● Cable TV ● 24 hours security ● Covered parking

PK008

Bangtao

4.9 – 17.0 Million THB

● Built: 38 – 205 sq.m. ● 1 – 3 Bedrooms ● 1 – 3 Bathrooms ● Short walk to the beach ● Open-plan designs ● Kid’s pool ● Huge community pool ● Snack bar & pool bar ● Business centre

PHUKET

Rawai

PK002

3.5 – 3.96 Million THB

● Built: 65 sq.m. ● 1 Bedroom ● 80% completed ● Freehold units available ● Coffee shop ● Fitness & Sauna ● Property & rental management

PK 021

● 1 Bathroom ● Community pool ● Close to facilities

Chalong

9.6 – 24.8 Million THB

● Built: 80 – 240 sq.m. ● 1 – 2 Bedrooms ● 1 – 2 Bathrooms ● Absolute sea front ● Business centre ● Gym ● Cafe ● Rooftop community pool

PK046

Bangtao

5.6 - 22.5 Million THB

● Built: 59 - 271 sq.m. ● Studio - 3 Bedrooms ● 1 - 3 Bathrooms ● Fully fitted kitchen ● Outdoor jacuzzi ● Community pool ● Lush garden ● High quality materials ● Sala ● 300m from the beach www.ThailandEstates.com I THAILAND ESTATES PROPERTY GUIDE 27


RESIDENTIAL LISTINGS

Condominium

Rawai

PK 044

7.65 - 21.26 Million THB

● Built: 124 - 190 sq.m. ● 1 - 2 Bedrooms ● Beachfront designed villas ● 5-star facilities ● Guaranteed rental return of 6% for 3 years

● 1 – 2 Bathrooms ● Branded resort

Bangtao

PK026

● Built: 216 – 280 sq.m. ● 3 - 4 Bedrooms ● 3 - 4 Bathrooms ● Open plan living area ● Private pool ● Lush garden ● Freehold available ● High quality materials

Kata

PK 043 ● Built: 40 - 107 sq.m. ● Fully fitted kitchen ● Large terraces

PK 025 ● Built: 146 – 256 sq.m. ● Private plunge pool ● Attractive rental yields

2.6 – 7.3 Million THB ● 2 Bedrooms ● Community pool ● Ocean views

● 1 Bathroom ● Covered parking

Kata

8.6 – 16.8 Million THB ● 2 Bedrooms ● 2 Bathrooms ● Large terraces ● Freehold ownership ● Walking distance to beach and facilities

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10.7 – 15.3 Million THB

Kata

PK015

2.8 – 13.3 Million THB

● Built: 45 – 214 sq.m. ● Studio - 2 Bedrooms ● 1 – 2 Bathrooms ● Spa ● State-of-the-art gym ● Open plan living area ● Breathtaking sea views ● Kid’s club with childcare ● Swimming pool with pool bar

Bangtao

PK005

4.6 – 12.6 Million THB

● Built: 54 - 151 sq.m. ● Studio - 2 Bedrooms ● 3 Bathrooms ● Beach club with restaurant ● Community pool with bar ● Kid’s club ● Fitness centre, yoga, spa ● Close to the beach ● 25m lap pool ● Professional rental management


PHUKET

PK006

Karon

From 14.0 Million THB

● Built: 125.5 - 130.5 sq.m. ● 2 Bedrooms ● 2 Bathrooms ● Contemporary design ● Ocean View ● Beach access ● Hotel’s extensive facilities ● High quality materials ● 24 hour security ● Hi-Speed Internet available ● Optional rental program

PK 035

Surin

8.25 – 39.6 Million THB

● Built: 110 - 360 sq.m. ● 1 - 3 Bedrooms ● 1 - 3 Bathrooms ● Amazing sea views ● Lush tropical gardens ● Japanese health spa ● Short walk to the beach ● Large swimming pool ● Poolside lounge ● Exclusive restaurant

PK050

Ao Por

21.7 - 36.0 Million THB

● Built: 258 sq.m. ● 3 Bedrooms ● 4 Bathrooms ● Stylish designs ● Spacious living area ● Community pool ● Large rooftop deck with 15m lap pool ● Breathtaking sea & island views

Surin

PK036

4.9 - 13.5 Million THB

● Built: 71 - 161 sq.m. ● 1 - 3 Bedrooms ● 1 - 2 Bathrooms ● Rental program available ● Desirable location ● Pool & Gym ● Sea views over 2 beaches ● Maximum privacy ● Walking distance to beaches

PK 011

Naithon

10.5 – 33.8 Million THB

● Built: 105 - 336 sq.m. ● 1 - 4 Bedrooms ● 1 - 3 Bathrooms ● Beachfront location ● Open-plan designs ● Underground garage ● Large community pool area ● Clubhouse with indoor ● Outdoor dining ● Gym, sauna & steam room ● Professional rental management

PK 047

Kamala

27.2 – 79.5 Million THB

● Built: 175 – 852 sq.m. ● 2 – 4 Bedrooms ● 2 – 3 Bathrooms ● The most stunning sea views ● Gym & spa ● Restaurant ● Private & community pools ● Spacious layouts ● High quality materials ● 5-star resort community ● 2 Minutes walk to beach www.ThailandEstates.com I THAILAND ESTATES PROPERTY GUIDE 29


RESIDENTIAL LISTINGS

Condominiums From 6.0 - 29.95 Million THB ● Built: 72 - 335 sq.m. ● 1 - 3 Bedrooms, 1 - 3 Bathrooms ● 500m private beachfront ● Sea, pool and garden views ● 3 metre high ceilings ● Guaranteed 6% return for 5 yrs.

Mixed Developments

Villas From 20.5 - 73.5 Million THB ● Gym, squash & tennis courts, 4 swimming pools in project ● Restaurant, grocery store, partyroom ● Eco-resort ● Water park

Condominiums From 14.4 - 40.0 Million THB ● Built: 138 - 178 sq.m. ● 2 Bedrooms, 2 Bathrooms, Freehold ● Private luxury collection interior design by P49 DESIGN ● Community pool / Patong Beach view and mountain ranges ● 70% Financing for 15 years ● Guarantee rental return 7% p.a. for 2 years

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● Plot: 623.30 – 1,223 sq.m. ● Built: 200 - 960 sq.m. ● 2 - 4 Bedrooms ● 2 - 5 Bathrooms ● Private swimming pools ● 3.5 metre high ceilings

Mai Khao

PK 001

● Beach or lake frontage ● International hotel brand managing the resort ● Dive center ● Kid’s club, creche, adult activities (e.g. cookery classes)

Villas From 65.0 - 180.0 Million THB ● Built: 623.30 – 701.30 sq.m. ● Plot: 628 - 818 sq.m. ● 2 Story villa / 3 Bedrooms / 3 Bathrooms ● Private swimming pool ● Patong beach view and mountain ranges ● Professionally managed with restaurant, fitness, and spa

Patong

PK 045


PHUKET

Condominiums From 16.3 - 17.6 Million THB ● Built: 250 sq.m. ● 3 Bedrooms ● 4 Bathrooms ● Large covered terraces

Villas From 25.8 - 31.3 Million THB ● High quality materials ● Community pool & kids pool ● Only 3 minutes walk to beach

Penthouse 19.9 - 25.4 Million THB ● Built: 229 sq.m. ● 3 Bedrooms ● 2 Bathrooms ● Right on the beach ● Open-plan living areas ● Loft-style layout

● Built: 262 – 454 sq.m. ● Plot: 633 – 726 sq.m. ● 2 Storey villa ● 4 Bedrooms ● 5 Bathrooms

● Private swimming pool ● Sala ● Study room ● 3 Minutes walk to the beach

Townhomes From 9.9 - 16.9 Million THB ● Private outdoor jacuzzi ● Big community pool with garden ● Stunning sea views

● Built: 174 – 260 sq.m. ● 2 – 3 Bedrooms ● 2 Bathrooms ● Right on the beach ● Gym and spa

Laguna

PK 048

Cape Yamu

PK 014

● Direct access to community pool ● Clubhouse with restaurant ● Tennis court ● Professionally managed by hotel resort group

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RESIDENTIAL LISTINGS

PK 024 ● Built: 700 sq.m. ● Plot: 1,000 sq.m. ● 4 Bedrooms ● 5 Bathrooms ● Huge indoor/outdoor living area

PK 012 ● Built: 282 sq.m. ● Plot: 824 sq.m. ● 4 Bedrooms ● 5 Bathrooms ● Private swimming pool

Villas

Layan

Price on application ● Stunning sea views ● Open-plan design ● Infinity edge pool ● Lush garden ● Sala

PK 019 ● Built: 225 - 314 sq.m. ● Plot: 490 - 1,021 sq.m. ● 2 – 3 Bedrooms ● 2 – 3 Bathrooms ● True island living ● Private 5-star resort

PHUKET

Off the East Coast

From 21.95 to 33.95 Million THB ● Beachfront properties ● Infinity edge pool ● Sea & island views ● Restaurant, convenience store ● Gym, spa ● Shuttle speed boat service

Laguna

32.0 Million THB ● Superior light & sound system ● Outdoor bathtub & shower ● Tropical garden ● Sala ● Maid’s quarter

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RESIDENTIAL LISTINGS

PK037 ● Built: 116.2 – 191.1 sq.m. ● Plot: 218.4 – 376.27 sq.m. ● 1 - 3 Bedrooms ● 1 - 3 Bathrooms

PK 039 ● Built: 553 - 557 sq.m. ● 4 - 5 Bedrooms ● 3 Bathrooms ● Private pool

PK 029 ● Built: 302 – 375 sq.m. ● Plot: 415 – 697 sq.m. ● 2 – 3 Bedrooms ● 2 – 3 Bathrooms

Villas

Cherngtalay

7.2 - 12.1 Million THB ● Private swimming pool ● Tropical contemporary design ● Fully furnished

Kamala

14.45 – 17.95 Million THB ● Open-plan living area ● Indoor & outside Jacuzzi ● Parking for 2 cars ● Lush garden

Layan

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● Built: 146 – 199 sq.m. ● Plot: 310 – 360 sq.m. ● 1 - 2 Bedrooms ● 1 - 2 Bathrooms

PK 009 ● Built: 320 - 345 sq.m. ● Plot: 623 - 848 sq.m. ● 3 - 4 Bedrooms ● 4 Bathrooms

15.1 – 17.9 Million THB ● Open plan living area ● Large private pool ● Lush garden ● Floating sala

PK054

PK 027 ● Built: 195 – 250 sq.m. ● 2 Bedrooms ● 2 Bathrooms ● Open-plan living area

Layan

7.49 - 9.79 Million THB ● Private swimming pool ● Fully furnished ● 24 hours security ● Close to the beach and Laguna

Layan

15.02 - 15.86 Million THB ● Private pool ● Western kitchen ● Sala ● Landscaped garden

Naiharn

10.6 – 16.9 Million THB ● Private pool ● Lush garden ● Sala


PHUKET

PK 055 ● Built: 594 sq.m. ● Plot: 792 – 810 sq.m. ● 3 Bedrooms ● 3 Bathrooms

PK 013 ● Built: 246 - 248 sq.m. ● Plot: 386 - 506 sq.m. ● 3 Bedrooms ● 3 Bathrooms

PK 022 ● Built: 360 – 523 sq.m. ● Plot: 874 – 988 sq.m. ● 3 – 5 Bedrooms ● 3 – 5 Bathrooms

Kathu

22.0 - 26.0 Million THB

PK 010 ● Built: 240 – 322 sq.m. ● Plot: 492 - 871 sq.m. ● 2 - 4 Bedrooms ● 2 - 4 Bathrooms

● Infinity edge pool ● High quality materials ● Golf course views ● Memberships available

Kamala

15.07 – 15.91 Million THB ● Modern & stylish design ● Ultimate privacy ● Private Infinity edge pools ● Surrounded by mountains

PK 023 ● Built: 54 - 263 sq.m. ● 1 – 4Bedrooms ● 1 – 4 Bathrooms ● Private swimming pool

Layan

39.4 – 44.0 Million THB ● Close to beach and all facilities ● Classic Thai-style design ● Large private pool ● Only 3 units available

PK 007 ● Built: 310 – 372 sq.m. ● Plot: 855 – 1,770 sq.m. ● 3 – 5 Bedrooms ● 5 Bathrooms

Cherngtalay

10.2 – 13.4 Million THB ● Swimming pool ● Tropical contemporary design ● Peaceful surrounding

Bangtao

6.9 - 30.0 Million THB ● Rooftop sala ● Spa, Gym, Beach club ● 8% guaranteed rental return for 5 years

Cape Yamu

45.0 – 52.0 Million THB ● Ultra-modern design ● Open-plan living areas ● Infinity edge pool ● Stunning sea & island views

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RESIDENTIAL LISTINGS

PK 018

● Built: 963 sq.m. ● Plot: 1,413 – 3,128 sq.m. ● 4 Bedrooms ● 6 Bathrooms ● Lush tropical surrounding ● Expansive living areas

PK 056

● Built: 1,995 sq.m. ● Plot: 4,420 sq.m. ● 10 Bedrooms ● 12 Bathrooms ● Expansive outdoor areas ● Open plan living area ● 9 Swimming pools

Naithon

Price on application

Kamala

300.0 MillionTHB

36 THAILAND ESTATES PROPERTY GUIDE I www.ThailandEstates.com

PK 057

● Built: 1,200 – 2,000 sq.m. ● 3 - 6 Bedrooms ● 6 Bathrooms ● Huge terraces ● Large private pool ● Stunning sea & island views ● Spa, gym, steam bath

● Infinity edge pool ● Huge terraces ● Family room ● Beachclub ● Walk-to-beach location ● Breathtaking sea views

● Entertainment room ● 2 Kitchens ● Maid’s quarters ● Breathtaking sea views ● Spa ● Restaurant ● Estate with private beach

Luxur y proper ties

PK 052

● Built: 748 – 973 sq.m. ● Plot: 1,156 – 2,869 sq.m. ● 5 Bedrooms ● 6 Bathrooms ● Expansive living and outdoor areas

Cape Panwa

150.0 - 300.0 MillionTHB

● Restaurant, Bar & BBQ terrace ● Private beach ● Organic vegetable garden ● Beach & Infinity pool ● Professional hotel management ● Strong rental returns

East Coast

Price on application

● Infinity edge pool ● Waterfront with private berthing ● Floating cabana ● Sala ● Spa bedroom with outdoor jacuzzi


PHUKET

PK 040

Kalim

72.6 - 145.7 Million THB

● Built: 754 - 1,050 sq.m. ● Plot: 1,279 – 2,773 sq.m. ● 4 - 5 Bedrooms ● 5 - 6 Bathrooms ● Panoramic views over Patong Beach and the Andaman sea

● World class dining ● Tennis, squash, fitness centre ● Highest quality finishing materials ● Private infinity edge lap pool ● 5 star hotel facilities

PK 020

126.75 – 141.95 MillionTHB

● Built: 536 – 560 sq.m. ● Plot: 1,250 – 1,570 sq.m. ● 2 Bedrooms ● 2 Bathrooms ● 5-star luxury resort ● Only 4 units remaining

Naithon

● Infinity edge pool ● Breathtaking coastal sea views ● All hotel facilities in the estate ● Peaceful, pristine location ● Strong rental returns

Cape Yamu

PK 017

66.2 – 87.5 MillionTHB

● Built: 325 - 402 sq.m. ● 1 - 2 Bedrooms ● 1 - 2 Bathrooms ● Private swimming pool ● 5-star luxury resort ● Clubhouse with Spa ● Wine cellar, cigar & chocolate room

PK 049

● Built: 960 - 1,529 sq.m. ● Plot: 832 - 1,984 sq.m. ● 4 Bedrooms ● 6 Bathrooms ● 33m private beachfront ● Expansive outdoor areas

● Cinema ● Art gallery & recording studio ● 100m lap pool ● Ultra-chique design ● Maximum privacy ● Amazing sea views over Phang Nga Bay

Bangtao

72.0 - 169.0 Million THB

● Infinity edge pool ● Wine cave ● Gym & games room ● Parking for up to 6 cars ● Breathtaking sea views ● Maid’s quarters

www.ThailandEstates.com I THAILAND ESTATES PROPERTY GUIDE 37




ARTICLE I Simpson Marine

from Simpson Marine Isn’t it time to try something a little different? Time to venture further afield? Well then, why not charter a yacht? Chartering offers you the ultimate experience that opens a whole new dimension and allows you to see the world from a different angle – the sea. Luckily enough, Asia is renowned for its richness, colorful cultures, delectable cuisines, and hosts some of the most stunning coastlines to be found around the world. Add to this; a series of spectacular beaches, idyllic tropical islands, crystal-clear blue waters, excellent cruising grounds, and you have the perfect equation for the ideal yacht charter holiday.

The multitude of islands in Southeast Asia including Phuket in Thailand, and Langkawi in Malaysia, both of which are a vision of paradise and home to some of the world’s most exclusive beach resorts. In addition, the coasts of Vietnam and Cambodia boast miles of deserted white sandy beaches, while the Mergui Archipelago in the Andaman Sea is a diver’s paradise. These incredible locations are just a few of the idyllic charter destinations to experience and explore in the region. Not only is chartering the perfect outlet to escape from the routine day-to-day schedule, it is also the ideal way to gather your family and friends for an intimate gathering, or colleagues and business associates for an outof-the-ordinary corporate event.

40 THAILAND ESTATES PROPERTY GUIDE I www.ThailandEstates.com

No matter the occasion, a charter can be tailored to be compatible with your every requirement.

What exactly is charter with Simpson Marine? Chartering a yacht with Simpson Marine is simple. Just tell us your needs and budget and we will create the perfect experience! If it’s a holiday or a corporate event, pick your destination and we’ll help you find the perfect yacht and create your individualised itinerary. Real luxury is relief from the hassles of everyday life, and aboard you will experience first class service, fine cuisine and all the individual elements that sweep you away from the mundane.


Simpson Marine I ARTICLE With teams located in Malaysia – Langkawi and Thailand - Phuket, your charter opportunities are extensive with each vessel providing a uniquely special and distinctly different experience. And remember you have a wide selection of yachts to choose from, ranging from 40ft to 70ft mega yachts.

A charter voyage in Asia is incomparable to any other part of the world as SEA offers a true blend of East and West, with a region that is extremely rich and diverse that offers different tastes, sounds and smells - creating an incredible and outstanding fusion.

Why charter in Asia? Known as a lifestyle more than anything else, our charter business in Asia can be enjoyed all year round.

For further information please contact:

Other factors that draw people to the area are the high-standards in service and not to forget, incredible hospitality provided by such friendly and generous people, which just adds to the overall charter experience.

Simpson Marine (SEA) Ltd. Phuket Boat Lagoon Tel: (+66) 76 239 768 Fax: (+66) 76 239 927 Email: phuket@simpsonmarine.com website: www.simpsonmarine.com

www.ThailandEstates.com I THAILAND ESTATES PROPERTY GUIDE 41


PROJECT I The Laguna Home

THE LAGUNA HOME Luxury living Chiang Mai Thailand

“

The

Laguna project is set amongst tranquil surroundings including lakes and lush greenery with the properties having that cozy yet elegant feel to them. The land prices begin at 13,500 baht per square wah for the Standard Plan.

�

Accessibility to the project is convenient by four routes, with the main entrance being nearby the ring road. Currently there are 6 projects under development and construction, however, there is a seventh project allowing the houses to be constructed by personal design giving the owner the early selection of the location of their property. This project will consist of nine types of beautiful homes, focusing on floor area to meet the demands of each family. It is divided into two types of single house, with one storey, called The Ka-salong and Puang-chompoo home. For the single house with two stories, seven types of properties are available as follows: Jamjuree, Leelawadee, Rachawadee, Wilasinee Home, Lalita Home and Catherine Home. The price of land and house starts from within 1.8 million baht.

42 THAILAND ESTATES PROPERTY GUIDE I www.ThailandEstates.com


The Laguna Home I PROJECT

The Laguna and Resort Home Phase 3 The concept of this project encompasses around a resort style theme with natural gardens including lush trees and a private waterfall. Also offered for peace of mind a security system is installed comprising of CCTV around the project, private BOSCH intrusion systems are to be installed giving the client reaasurance. Other features of the property include a chemical pipe treatment system, heat insulation under ceiling board, laminated flooring, real golden teak stairs, and private decorated interiors with many styles. Customers can have a look and observe the actual houses, which consist of six types: Tulip, Linly, Jasmin, Orkid, Pittunia and katherreen for selection. The area is 56 sq.w.- 353 sq.w. and the price of the land and house starts at 3.47 million baht with there being a total of 84 units. There are now five homes completed ready for moving in.

The Golden Teak House Phase 6 Consisting of two projects that being called the Kanjanawadee and Khum Pa-Ya. These are currently under construction. Another project is called the Tri Rattana home-fully furnished. In each of the house plans, there are; main hall, drawing room, pavilion in a private water garden and a resort style garden. The price starts from 19.8 million baht and is available for sale now.

Exclusive By Thailand Estates Corporation T : +66 (0) 77 414 222 or 414 333 F : +66 (0) 77 414 321 E : contact@thailandestates.com W : www.ThailandEstates.com www.ThailandEstates.com I THAILAND ESTATES PROPERTY GUIDE 43


Off- pl a n In ve st m e n t Pre Launc h P ri c e s Ava i l a bl e 11 % Ret u r n i n 6 M on t h s! T it le In su ra n c e Deposit Cert ified by a F i n a n c i a l In st i t u t i on Up t o 80 % Finance Ava i l a bl e F or 20 Ye a r Te rm Freehold Condominiums


The Light House I ARTICLE

T h a i l a n d ’s P r e m i e r B e a c h f r o n t R e s i d e n c e . . .

• • • • • •

Low Rise 117 Condominium Units Beachfront Location Direct Sea Views Largest Pools is Thailand Facilities: Spa, Sauna, Steam Room, Tennis Courts, 2 Badminton Courts, Pool Bar, Snooker, Game rooms, Children’s Playground, Fitness Centre, Beach Bar, Water Polo, 3 Restaurant s

Register your interest - Pre-Construction Prices Available

+66 (0) 77 414 222 or 414 333 SOLE AGENT T.E.C. (ASIA) CO.,LTD. 5/5 Moo 6, Bophut, Koh Samui, Suratthani 84320 Thailand

T : +66 (0) 77 414 222 or 414 333 F : +66 (0) 77 414 321

W : www.thailandestates.com E : contact@thailandestates.com www.ThailandEstates.com I THAILAND ESTATES PROPERTY GUIDE 45


ARTICLE I Samui Overview

Samui

verview

Introduction to Koh Samui

Koh Samui with its area of 247 km² is a beach lover’s paradise just off the east coast of Thailand in the Gulf of Siam. The former haven for backpackers known for its curved sandy beaches, coconut plantations, rolling hills and distinct offshore islands has been transformed into one of the country’s top tourist destinations.- in fact many Western visitors are settling-in for their retirement on the island . You can find whatever you might want on Samui, from rustic hideaways to luxury resorts.

Beaches

Chaweng Chaweng is the island’s largest and most popular beach and is also Samui’s longest, stretching over some 7 Kilometres from north to south. The beach itself is very relaxing but can get quite busy in high season during the high season. The centre of Chaweng beach road features the greatest selection of restaurants, bars and shopping. However there are plenty of bars and restaurants right on the beach, offering views of the Gulf and the night sky.

Lamai Lamai is slightly less developed than Chaweng due mainly to geographical constraints but still offers a wide variety of restaurants and nightlife. The main beach road features attractions such as health and meditation centres and a Thai boxing school. Many feel that this is the most beautiful beach on the island

Big Buddha & Choengmon Big Buddha Beach on the North Eastern tip of Koh Samui is also home to the famous attraction of the same name and is a peaceful and relaxing escape from the bustle of Chaweng. Further east is Choengmon with its calm and clean beach. There are a few small coves and bays to be found some of which have been developed into self contained resorts. Thailand’s third largest island has been on the radar of developers since the 1980’s and now boasts a well developed infrastructure of hotels, restaurants, international hospitals, bars, tour operators and shopping centres. The island is easily assessable with direct one-hour flights from Bangkok to Koh Samui Airport or the nearby port city of Donsak, which has an hourly ferry service to Koh Samui The resort island appeals to all types of travellers from all over the world. It is more than just a place to sun bathe and swim in the sea. Some of the other activities on offer include all types of water sports, great diving and snorkelling, elephant trekking, fishing, mountain biking, golf, extensive spa services and a vibrant night life including many bars with live music and tiffany shows. Investment opportunities on the island are numerous. The island has already seen huge rises in land and property prices of over 100% in the last 3 years and the returns are expected to remain high to meet the growing tourist demand as well as rising needs of long-term stayers especially expatriates.

Guide to Samui´s new hotel inventory Maenam Maenam, on the northern coast of Koh Samui is still very much a traditional Thai village, although this is gradually changing, with some of its wooden houses and shops over 70 years old. The beach here is calm and clean.

2008

Shasa Hotel, Casavela opened on March 1. Located on Laem Set Beach, the hotel has 32 one- and three-bedroom suites and one Shasa Signature beachfront pool villa. Facilities include a hydrotherapy spa pool, extra-large hillside and seaside swimming pools, a spa and gym, children’s club, business centre and two f&b outlets. X2 Resort (pronounced cross-to) opened in June on Hua Thanon Beach. It has 23 pool villas and four bungalows. Facilities include one 4K restaurant (pronounced fork), a spa and sports and recreational facilities.

Bophut Bophut Village is one of the islands oldest villages and retains much of its charm. There are several seafront shop houses which have been converted into restaurants and shops giving it a unique character when evening comes. The white sandy beach and calm waters of the bay make this a popular spot for relaxing. It is also popularly known as ‘Fisherman’s Village’.

46 THAILAND ESTATES PROPERTY GUIDE I www.ThailandEstates.com

Ibis Erawan is located on Bophut Beach. It has 257 rooms, a restaurant, pool bar, swimming pool and two conference rooms. W Retreat & Residences is slated to open late this year on Maenam Beach. It will have 70 guest villas and 20 residential villas. Facilities will include W’s signature Living Room and Lounge, a signature restaurant, a pool bar and a signature spa.


Samui Overview I ARTICLE

2009

2010

Banyan Tree will be located on Thong Krut Bay. It will have 88 pool villas, including Banyan Tree’s signature spa pool villas and one twin villa. Facilities will include Banyan Tree’s three signature f&b outlets, Banyan Tree Spa, a main swimming pool and sport and recreational facilities.

Vana Belle Resort & Spa a Luxury Collection hotel, will be located on Chaweng Beach. It will have 180 rooms, including 30 standalone villas. It will also have four f&b outlets, meeting rooms, a spa and fitness centre, business centre and swimming pool. – Sirima Eamtako

Alila Hansar on Bophut Beach will have 77 guestrooms and suites, a swimming pool and a beachside restaurant and bar.

Conrad Resort and Spa will be located on a secluded hill in the south-west of the island. It will have 79 villas and 39 residential villas. Facilities will include f&b outlets, a spa, meeting rooms and a business centre. Dusit D2 will be located on Choengmon Beach. It will have 60 pool villas. Facilities will include a restaurant, poolside bar, spa, fitness, library, meeting rooms and a 90m swimming pool. Gurich by Best Western Premier will be located on Lamai Beach. The property will have 78 guestrooms and pool villas, a swimming pool, a spa and a restaurant. Park Hyatt will occupy a 20-hectare hilltop location on Thong Krut Bay. It will have 90 guest villas with one, two and three bedrooms, 24 residential villas, f&b outlets, a spa, dedicated meeting and event services and family-friendly facilities.

The Sirimaya By Amari, tentative name, on Chaweng Beach, is slated to open by early-2010. It will have 120 guestrooms and suites.

Koh Samui Land Price Analysis 2003-2007 Land prices in Koh Samui are expected to rise between 20 per cent and 30 per cent a year as a number of property firms expand their investment in sectors such as retail, residential-project developments, hotels and resorts. Land prices in Koh Samui have risen from Bt10 million per rai in 2003 to Bt60 million per rai this year for land designated for retail and commercial use, meanwhile, price of land designated for residential projects and located close to the beach is now between Bt15 million and Bt25 million per rai. Land located on the hills is available for Bt5 million to Bt15 million per rai.

Land of Samui by Location Land Price Change 2003 - 2007

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ARTICLE I Samui Overview

48 THAILAND ESTATES PROPERTY GUIDE I www.ThailandEstates.com


Samui Overview I ARTICLE

Exclus ve Projects

Location Bang Rak, Koh Samui Number of Units 117 Condos Land size 12 Rais Launch Date November 2008 Price on launch 95,000 THB/sq.m. Price on completion 140,000 THB/sq.m. ROI 65%

Location Meanam, Samui Number of Units 9 Villas Land size 3 Rais Launch Date June 2008 Price on launch 11 Million THB Dhevalai Residence Additional 30 condominiums soon

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PROJECT I Suriyan Heights

Available now to agents

Actual view to Koh Samui from Suriyan Heights project, Haad Rin, Koh Phangan

Suriyan Heights 1.25 Rai

9 Million THB per rai Free Architect Drawings!!

U

ntamed beauty and beaches of the purest sand are some of Koh Phangan’s charms. This idyllic, gradually developing island is synonymous with a relaxed, easy way of life and is increasingly favoured by Westerners both as a holiday destination and as a place to live. Prices are some of the lowest in the region and represent an outstanding opportunity to invest. Koh Phangan will be the next area to be developed after Koh Samui and represents an equally fine alternative. The island is up and coming and amongst its’ many modern conveniences you will find abundant water supplies, good ferry services and paved roads.

Just eight homes are to be built here and already seven plots have been sold. This is a chance to actually own a dream tropical beach with both sunset and sunrise views.

52 THAILAND ESTATES PROPERTY GUIDE I www.ThailandEstates.com

Thailand Estates Corporation is developing 10 rai of some of the most stunning land plots in Thailand right on Koh Phangan’s south coast. Imagine a shoreline house with 25 meters of sea frontage. Across the water you will have a direct view of Koh Samui and behind you sloping hillside land with lush vegetation. Just eight homes are to be built here and already seven have been sold. Of the original eight plots, six are now being marketed for resale as the owners wish to realise their profit of the past two years land appreciation. This is a chance to actually own a dream tropical beach front property with both sunset and sunrise views. Full infrastructure will be part of the purchase: an 8 meter concrete road as private access, 3 phase underground electricity and water supply. The price is 8 million Baht per rai. SOLE AGENT Thailand Estates Corporation T : +66 (0) 77 414 222 or 414 333 F : +66 (0) 77 414 321 E : contact@thailandestates.com W : www.ThailandEstates.com


Mont Tara I PROJECT

Available now to agents

Selling Fast...Over 80% Sold Out!

Mont Tara Starting From 2.4 Million THB Mont Tara is considered one of the most successful land developments ever made on Koh Samui. There are now only 12 plots left

B

eautiful, tropical views enjoyed on the North coast of Koh Samui dominate this incredible thirty rai piece of land situated in Bophut. Ten minutes from all amenities, including the famous Fisherman’s Village with its fine dining restaurants, Chaweng’s shopping centres and Choeng Mon’s silky white beaches.

There are now only 12 plots left in the developments and the project is expected to be sold out within the next 6 months as more and more astute investors are showing their interest.

The unobstructed and awe inspiring views take the dreamy eye across to Koh Phangan. Full infrastructure is provided as well as an 8m concrete road Perfectly suitable concept for you to build and realise your dream home..

Thailand Estates Corporation is proud to announce that a 8-metre wide concrete road now connects the main Samui Ring Road to the entrance of the project thus making Mont Tara the most accessible sea view development in Bophut!!

Do not miss this unique opportunity to own your piece of paradise.

It is now the right time to invest in Mont Tara before another 10% price increase. Construction on some plots has already started SOLE AGENT Thailand Estates Corporation with one already completed. Mont Tara is considered one of the most successful land developments ever made on Koh Samui.

T : +66 (0) 77 414 222 or 414 333 F : +66 (0) 77 414 321 E : contact@thailandestates.com W : www.ThailandEstates.com

www.ThailandEstates.com I THAILAND ESTATES PROPERTY GUIDE 53








ARTICLE I Samui Zoning Laws

Koh Samui Zoning Laws

60 THAILAND ESTATES PROPERTY GUIDE I www.ThailandEstates.com


Samui Zoning Laws I ARTICLE

“By The Rules” The very latest information on Samui new zoning regulations whether you’re a property developer, an individual with a plot of land, an existing resident, or someone considering buying a property on Samui, the future development of the island is very important. It’s time to stop listening to rumours. Don’t have your enthusiasm and dreams destroyed by inaccurate, vague or incorrect

Zones 1.1 to 1.20, in yellow, will be low-density residential areas. And land in these zones shall be used mainly for residential and tourism purposes. Land may be put to other purposes in these zones.

information.

But, any land used for other purposes mustn’t exceed 15% of the land in each of these zones.

The objectives of the Ministerial Regulation are to provide sustainable guidance and control over the development of Samui; to maintain the uniqueness of the community; and to preserve the valuable environment, the quality of life and tourism.

Constructions prohibited in the yellow zones include: factories; gas and petrol storage facilities; animal breeding; industrial; entertainment venues; slaughterhouses; silos; waste disposal; or junkyards.

The main policy is to arrange an effective system of land utilization that is consistent with the future community expansion; to encourage the economic development of the island; and to develop a public utility network. The aim is to achieve this by: promoting Samui as the leading regional and international tourism centre in the southern area of the Gulf of Thailand; encouraging the Samui community to be a local management and administrative centre; preserving and maintaining the attractive environment, and natural resources, consistent with local traditions. And, in accordance with a sustainable development policy; maintaining Samui’s unique lifestyle, settlements, art, traditions and customs; encouraging and supporting conservation-tourism, the future development of tourism, and the role of agriculture; encouraging the development of quality, convenient and safe residential and commercial areas, with services and providing public utilities that are consistent with the community’s future growth and the economic expansion of the island. The future growth is to be controlled by: identifying important tourism areas and supporting and encouraging the conservation of those areas (the areas identified are high-density, medium-density, and conservation-tourism service communities); conserving and supporting tourism centres, including, but not limited to, surrounding islands, beaches, coastlines and mountains; determining the use of the land, encouraging the preservation of mountains, forests, coastlines and natural water resources; maintaining the ecological environment. And by conserving areas of importance in relation to religion, custom, tradition and public utilities; identifying the specific areas and encouraging the conservation and support of agricultural areas in famous, and unique agricultural products; identifying specific areas and encouraging the conservation and support of local communities in fishery and sea-related activities; by determining the use of land in different areas, and by controlling growth in the major and minor centres of the community, by organizing the balance of transportation and public utilities systems within those areas.It’s proposed that the introduction of 12 specific zones will enable all of this to be achieved. Each zone, represented on the map by a colour, will determine what construction is permitted, and the allowed purpose of any land or building within that zone. Each zone has a comprehensive list of specifically prohibited uses for the land within it. And there’s also a set of rules for each zone that must be complied with. It’s indicated that government offices and public utilities can be located in most of the zones, as and where they’re required.The zones are as follows:

In these zones the following rules apply: a.The total area of any buildings, except hotels, must not exceed 2,000 sqm and the height of any building must not exceed 12m b.Where the land is used for residential purposes, including hotels, apartments, and bungalows, the surrounding space must be at least 40% of the whole c. Where land is used for acceptable purposes other than residential, it shall have a surrounding space of at least 20% of the whole d. Where the land borders a public canal or public water source, the land 6m from the edge must not be used (except for the construction of water transportation facilities or public utilities) e. The land 10m from the coast must not be used (specific exceptions exist) f. Where the land is within 50m from the coast, no building should exceed 6m in height. And its total area must not exceed 75sqm, and the surrounding space must be at least 75 % of the whole (specific exceptions exist) Zone 2.1 to 2.4, in orange, shall be medium-density residential areas. Land here will be used as in the yellow zones. But the land used for other purposes in these zones must not exceed 20%. Prohibited buildings are also are similar to those in the yellow zones. But graveyards are added to the list. And the rules in these zones are: a), as above; b), as above, but the surrounding space must be at least 20% of the whole;d), e), and f) as above. Zones 3.1 to 3.11 will be high-density residential and commercial areas. Land here will be used predominately for commerce, residential and tourism purposes. And land used for other purposes must not exceed 15%. Again the prohibited list is the same as in the orange zones. And the rules are: a), d), e), and f) as above. Zone 4 shall be an industrial and warehouse area. Land here is to be used primarily for the purpose of industry (which includes any permitted factory provided for in the Ministerial Regulation addendum), community recycling factories and warehouses. In the event that the land is to be used for other acceptable purposes, a maximum of 10% of the whole land may be used. Residence, commerce and foster homes are included in the list of prohibited buildings for these zones. And the rules to be complied with are: a) and d) as above. Zones 5.1 and 5.2 will be specific industrial and warehouse areas.

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ARTICLE I Samui Zoning Laws

And land in these zones is to be used for the purpose of a specific industry, which includes any permitted factory provided for in the Ministerial Regulation addendum, community recycling factories and warehouses. And in the event that land is to be used for other acceptable purposes, a maximum of 10% of the whole may be used. Prohibited buildings are as in the violet zones. And the rules are: a) as above. Zones 6.1 to 6.11 shall be rural and agricultural areas. Land here is to be used for agricultural purposes, or any activity relating to agriculture, residence and tourism. In the event that any land is used for other acceptable purposes, then a maximum of 20% of the whole may be used. The list of prohibited buildings in these zones is more extensive and includes: buildings for commercial purposes, except as part of a residential development. And they must be no bigger than 10% of the whole; any residential, commercial or industrial building with a floor space exceeding 2,000 sqm or a height of over 12m; residential or commercial building purposes, except as part of a residential development and equal to not more than 10% of the whole; condominiums, apartments or dormitories; or residences in commercial buildings except as part of a residential development and equal to not more than 10% of the whole. The rules for all green zones other than zones 6.3 and 6.9 are: a) and b) as above; c) as above, but with surrounding space of at least 50%; d), e), and f) as above. In Zones 6.3 and 6.9 among the list of prohibited uses are: any purposes of land allotment, except agriculture purposes; residential purposes, except for single house; and any business which may cause harm to health, under the laws regarding public health. The rules for 6.3 and 6.9 are: a) and b) as above, but the surrounding space must be at least 60% of the whole; and d) as above. Zones 7.1 to 7.7 shall be areas which will be kept open for public use and for the maintenance of the environment. Land in these zones is to be used only for the purposes of recreation, or any activity relating to recreation; the maintenance of the environment; or for the benefit of the public (with the exception of government owned water transport facilities). Those purposes prohibited here include: residential purposes; any building whose total areas exceeds 1,000 sqm or 12m height; residential purposes relating to condominiums, apartments, dormitories, attached houses, or commercial house types; waste disposal facilities; junkyards;

62 THAILAND ESTATES PROPERTY GUIDE I www.ThailandEstates.com

or vehicle servicing or manufacturing facilities. And the rules for these zones are: d) as above. And in zone 7.1 the additional rules apply: f) as above; g) in no case may the 10m space parallel to the coast be used; h) on land from 50m from the coast inwards, building must not exceed 6m in height, cover an area of more than 100sqm, or have empty space surrounding the building that’s less than 50 percent of the whole plot of land. Zones 8.1 to 8.3 will be reserved forest areas, where the land is to be used for the protection and preservation of the forest, wild animals, water resources and any other natural resource, according to the resolution of the Council of Ministers. And in accordance with Thailand’s laws relating to the preservation and protection of wild animals, and the protection of the environment. Included in the prohibited list are buildings such as: hotels; buildings for residential, commercial, or industrial purposes; and condominiums, dormitories, attached houses, or commercial house types. The rules for these zones are: a) and d) as above. Zones 9.1 to 9.27 shall be areas for educational institutes. Land here is to be used for educational purposes or any activity relating to education; or for the benefit of the public only. And the only rule specified for these zones is that buildings must not exceed 12m in height. Zone 10 will be areas allocated for tourism, fishing and the maintenance of the surrounding environment. Land here is to be used for the purposes of the preservation of the environment; tourism or any activities relating to tourism; the benefit of sea life; seaside fishing; or the public benefit only. Zones 11.1 to 11.24 will be areas for religious purposes. Land in these zones is to be used for the purpose of religion or any activity relating to religion; education; or for the public benefit only. Rules here are: d) as above; and that no buildings in these zones should exceed 12m in height. Zones 12.1 to 12.29, as marked in blue, will be areas for government offices and public utilities. And the land in these zones is to be used for the purposes of state operations, any activity relating to the public utilities and public assistance, or public benefit only. Again, the only rule here is that buildings in these zones must not exceed 12m in height. Information from McEvily & Collins.


Samui Zoning Laws I ARTICLE

Koh Samui Building Regulations Before construction of any fixed dwelling on Koh Samui, one must first obtain a building permit from the local municipality office, which is located in Nathon. The main purpose of obtaining such a permit, is all construction must adhere to strict guidelines, which can also vary from Zone to Zone Please see page 60 for reference to this. There are 4 main defined areas for construction

limitation, which we have outlined below. 1. All land up to 10 metres from the beach, the law states that there shall be no fixed construction.

3. All Land from the 50 metre mark up to 200 Metres back, the law states one can build to a maximum height of 12 metres with a maximum build area that cannot exceed 2000 SQM

2. All land from this 10 metre mark up to 50 metres back, the law states one can build a single storey dwelling that does not exceed the height of 6 metres nor the total build area exceed 75 SQM

4. All land located past this 200 metre mark, the law states one can build to a maximum height of 12 metres, with no restriction on built up area size.

BEACH STAGE 1 STAGE 2

STAGE 3

Size Restrictions

10 M 50 M

75 75 sqm sqm Max Max

6 Metres Maximum

200 M

2000 sqm Max

12 Metres Maximum

STAGE 4 200 M +

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EXHIBITION I

MAIN EVENTS BANGKOK PROPERTY EXHIBITION

Bangkok, Thailand THAILAND INTERNATIONAL PROPERTY INVESTMENT EXPO

Bangkok, Thailand PIC EXHIBITION

Phuket, Thailand PHUKET REAL ESTATE OUTLOOK CHALLENGER & OPPRTUNITIES

Phuket, Thailand PHUKET BOAT AND PROPERTY EXHIBITION

Phuket, Thailand A PLACE IN THE SUN

London, U.K. MOSCOW INTERNATIONAL PROPERTY SHOW

Moscow, Russia INTERNATIONAL PROPERTY SHOW

Dubai, A.E. SMART INTERNATIONAL PROPERTY EXPO

Singapore & Hong Kong

64 THAILAND ESTATES PROPERTY GUIDE I www.ThailandEstates.com


I EXHIBITION

Main Events

HONG KONG

LONDON

SINGAPORE

In June we attended the “Smart International Property Expo” at the Hong Kong Convention Centre. There were a higher number of exhibitors than last year and we found a great interest in Koh Samui.

With this exhibition we were able to educate the residents of London into the benefits and lifestyle, of investing in South East Asia’s pearl in the gulf; Koh Samui.

It was a great achievement to make it to Singapore as the monsoonal weather conditions forced us to rearrange all our travel arrangements at the very last minute!

Due to the success of this exhibition Thailand Estates Corporation is proud to announce that we will be participating in many more exhibitions in the future, especially in Europe, due to the High demand for competitive overseas investment opportunities.

Our stand was represented by a land development called - “Laan Dara”, perfectly located on a hillside in Chaweng with 8000sqm dedicated to the Clubhouse facilities which include a restaurant, Olympic sized swimming pool, BBQ park, children’s playground and a tennis court to name but a few.

SMART INTERNATIONAL PROPERTY EXPO

Demand was mainly focused on luxury holiday homes but there was also interest in land investment. The exhibition gave us an opportunity to market the company and we made many contacts with fellow exhibitors and speakers based around the world.

A PLACE IN THE SUN

SMART INTERNATIONAL PROPERTY EXPO

We look forward to continuing our appearance at these events.

Yet again our corporate magazine was collected quickly by eager property hunters and enquiries are still rolling in from the exhibition, with many of the clients stating that we had the best read publications at the event!

It was also a good opportunity for us to talk with other exhibitors about possible ventures in the future which will benefit us all on Koh Samui.

Dubai

BANGKOK

PHUKET

Thailand Estates Corporation recently attended the Dubai International property exhibition held in February 2008.

Thailand Estates Corporation was invited to speak at the Bangkok Property Exhibition, to launch the TLM Campaign. It was been a great opportunity to attend this event. Indeed many developers & real estate agencies gathered to show their leading projects.

Thailand Estates Corporation is proud to be associated with the “Phuket Real Estate Outlook Challenges & Opportunities” held in Phuket on the 22nd and 23rd of March 2007 at the Royal Phuket City Hotel.

Dubai International Property Exhibition

The show was a renowned success with both Dubai nationals as well as the expatriate community alike. The exhibition show cased developments from around the globe, with an estimated attendance of 7,000 investors/buyers passing through the doors in a three day period.

BANGKOK PROPERTY EXHIBITION

THAILAND & PIC EXHIBITION

We personally presented a land development called “Laan Dara” and Kirikayan, a complex of Villas and Apartments in Maenam. As you can see even Her Majesty The Princess admired our model of Kirikayan!

This was a great opportunity for our team to approach and study the Phuket real estate market. Supported by The Thailand Longstay Company, this seminar gave us some ideas on what we should be focusing on for our soon to be established office in Phuket.

During the event we spoke with other exhibitors from Samui, Hua Hin, Pattaya and Bangkok about possible ventures in the future.

Thailand Estates Corporation is now ready to open its new office in Phuket and to remain your No.1 Thai Agent.

www.ThailandEstates.com I THAILAND ESTATES PROPERTY GUIDE 65


LAND INVESTMENT I

The Height Condominium

L

60 % Net ROI

ocated on the highest level of the Narayan and Jantara Heights’ projects, The Height possesses unique panoramic sunrise and sunset views.

hall and function lawn will be provided to assure fully serviced and luxurious comforts to all residents.

Every single unit has been designed to allow unobstructed views of one of the most beautiful coastlines of Koh Samui. Each unit will have a large open deck which helps to expand boundaries giving an open and airy feeling.

In addition to these facilities The Height will be designed with a roof top restaurant exclusively for the residents.

Master planning of The Height sets a simple swimming pool in the centre of the plane giving off a reflective surface that seems to be overflowing directly in to the sea.

Interested investors are presented with a fantastic opportunity to acquire a hassle-free investment package. The Height is out to set a new standard of excellence in the residential market on Koh Samui.

Common facilities such as gym, pavilion, function

Commercial Space Narayan

Heights

N

60 % Net ROI

ow here is an opportunity for the astute businessman to invest in a high end commercial space which is located within Narayan & Jantara Heights; the most exclusive residential area which has been pinpointed for million dollar homes and villas. Imagine the most exclusive, high end Blue Sky Mall on Samui offering luxury goods. The site will have unique characteristics such as fine dining restaurants, coffee shops, delicatessens and small retail shops.

66 THAILAND ESTATES PROPERTY GUIDE I www.ThailandEstates.com

Wooden walkways and flyovers will connect all the units which will be in harmony with nature. Lighting design will be like a reflection of starlight being brought down to Earth. The use of candle lights and lamps to create a unique and romantic environment will make this an enviable location.



LISTINGS I Land Banking

Land Banking Koh Samui 10 - 50 Rai

“There are those who are waiting to buy land, and there are others who buy land and wait...”

M a e n a m 1 0 R a i ( P / A ) Fantastic opportunity to invest in nearly 10 Rai of prime

beachfront land in Maenam, one of few beaches on Samui that is swimmable all year. The land is located next to a river and has 95 metre beachfront with amazing sea views over to Samui’s sister island Koh Phangan. Ideal for land banking.

P/A = Price on Application

S o u t h C o a s t 7 R a i ( P / A ) Stunning

property situated in the quietest area of Samui with 82 metres of beach front age with soft powdery white sand. If you want to buy a smaller parcel you can buy a minimum of 3 rai. Five minutes drive from Hua Thanon, Samui’s famous village and 15 minutes from Nathon, Samui‘s port town. This area has the advantage of being a quieter than the popular northeast and is suitable for an exclusive beach residence or for subdivision and resale.

M a e n a m 1 2 R a i ( P / A ) Huge plot of land located in the Maenam Hills, 5 minutes from the Ring Road. 12 Rai of sea views, this kind of offer does not come along very often, so act now or miss out! There is a concrete road leading to the bottom access road with the last section un-paved.

L a e m S e t 1 9 R a i ( P / A ) Crystal clear waters for perfect snorkelling with fishermen in the distance catching the fish of the day. With 82 metres of beach frontage this stunning piece of land provides the investor with an excellent opportunity to realise incredible returns. Located in the South of the island, an area reserved for high-end developments. This is a must view piece rare find.

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Land Banking I LISTINGS Koh Samui 10 - 50 Rai

B o p h u t 1 9 R a i ( P / A ) Ideally located minutes from all amenities in the North East just above the Fisherman’s Village area. With concrete road access, which gently winds itself down offering exceptional sea and tropical mountain views. Currently other land parcels in this area are available at a substantially higher prices, therefore, purchasing this land at its reduced cost make it an ideal land banking investment, offering immediate and substantial return on investment.

Ta l i n g N g a m 2 6 R a i ( P / A ) The land overlooks Taling Ngam beach. and offers

spectacular sunsets and unobstructed sea views. There are also views of the Five Islands as well. It is located 20 minutes away from Nathon, 15 minutes from Lamai and 5 from the famous Royal Meridien Hotel. It is a fantastic location for a project and the purchaser can definitely make great returns on investment in a short period of time.

N a m u a n g 3 3 R a i ( P / A ) This huge

piece of land lies on more than 30 Rai in the Namuang hills (19 Rai of Chanode, 14 Rai of Por Bor Tor 5), overlooking beautiful sunsets. It features viewsof the surrounding sea and B a a n T h a l e 2 8 R a i ( P / A ) Beautiful soft white sand is to be found on your private the Five Islands beyound. Situated 15 minutes beach in Bang Kao with 80 metres of frontage. You will surely relax in the absorbing sea views across to Koh Tan to the right, Koh Lab to the left and Koh Mut Som in the middle. Situated in away from Nathon, 10 from Lamai, and 8 the deep South of the island, an area less developed which is suitable for an exclusive beachfront minutes from the famous Royal Meridien villa project or simply as land banking to be sub-divided for resale. Also included is a large lake Hotel, it is the ideal location to develop a approximately 600 sqm area. Excellent investment opportunity! project. An opportunity not to be missed!

Maenam 33 Rai (P/A) The property is located in Mae Nam Sub district, Koh Samui, Suratthani Province. This piece of land enjoys a huge 196 metre absolute beach-frontage and It can be easily accessed via the Ring Road. The land has approximately 136 metres width of access to the main ring road. It is only 10 minutes by car from the property to the Samui International Airport. Spectacular!

C h o e n g M o n 37 R a i ( P / A ) Over 37 Rai available to buy on a hillside in Choeng

Mon, one of the most sought after and exclusive areas on the island. With stunning sea views this land would be ideal for a luxury villa project or to be sectioned into smaller land parcels to be resold. Comes with full infrastructure including water and electric. Situated near a highly exclusive and luxurious villa development. Tremendous investment opportunity!

www.ThailandEstates.com I THAILAND ESTATES PROPERTY GUIDE 69


LISTINGS I Land Banking Koh Samui 10 - 50 Rai

B a n g P o r 4 0 R a i ( P / A ) Nearly 40

Rai in Bang Por located next to the golf course. The land has a gentle slope and nearly 1 km frontage on a cliff offering panoramic sea views over Angthong National Marine Park, Koh Phangan and Bophut. Ideal for high end villa development or resort. 6 and 8 metres access road, electricity nearby and subdivision is possible.

C h a w e n g 4 2 R a i ( P / A ) This 42 rai

piece of land is a great opportunity to develop an untouched part of the beautiful island of Samui. Ideal for a luxury villa project or to be subdivided. Topographic survey & perimeter survey are available to serious buyers. There is also the possibility of buying half of the land. Great investment opportunity. Inquire now before its gone!

Koh Samui 51-100 Rai

Ta l i n g N g a m 6 0 R a i ( P / A ) Over looking the five islands in the south of Koh

Samui close to the Le Meridien Hotel, this land has stunning sea and sunset views. It is only 10 minutes drive from Nathon. There are 60 rai available to invest in for land banking and future subdivision and resale. One of the few remaining large parcels available for development!

H u a T h a n o n 7 0 R a i ( P / A ) Over 70 Rai available to buy on a hillside in Hua Thanon. With stunning sea views this land would be ideal for a luxury villa project or to be sectioned into smaller land parcels to be resold. Topographic survey & perimeter survey are available to serious buyers. Fantastic investment opportunity!

T h o n g K r u t 7 2 R a i ( P / A ) This long piece of land stretches on 55 Rai, in the quiet South West part of the island. The future owner can either acquire the whole 72 Rai or just a plot, as the land is subdividable. Out of the 72 Rai, 55 are Chanod and 17 are Por Bor Tor Haa. Offering investors the choice to tailor their investment. This kind of offer is rarely available. The sea and islands views are really amazing, especially from the upper most portion of the land.

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Land Banking I LISTINGS Koh Samui 101 - 200 Rai

M a e n a m 1 4 0 R a i ( P / A ) Stunning

sea and mountain views all the way to Big Buddha. High in the tropical mountains of Samui and only 4 kilometres drive from the main road this property is ideal for the serious investor as the area is sought after and at this price offers unsurpassed value for money.

N a M u a n g 1 2 0 R a i ( P / A ) Superb stunning sea views which take the eye over the Gulf of Thailand to the five islands off the south coast of Koh Samui. 120 rai are available to invest in a very quiet and isolated area in the south of the island. Offering many unique natural features to the land including waterfalls and natural rock sculptures as well as glorious sunsets. Comes with an 8 metre private road, suitable for subdivision. Truely, a piece of paradise!

We s t 1 6 4 R a i ( P / A ) Situated on a mountain top over looking the 5 islands to the south of Samui it has stunning sea and sunset views. Located in an area with limited development making this an exceptional investment. Land can be extended to a further 230 Rai today and 600 Rai can also be made available if required. Because of its size and location this land is ideally suited for a potential golf course with a complementary high end villas component. For serious investors with vision!

www.ThailandEstates.com I THAILAND ESTATES PROPERTY GUIDE 71


SAMUI

COMMERCIAL LISTINGS

BS341765 ● 25,000 THB/Month ● Heart of Chaweng nightlife ● State-of-the-art equipment ● Sound system speakers

BS501048

Chaweng

2.5 Million THB/Key Money ● 9-Year Lease ● Fully operating bar ● Brand new design ● High Quality CD turntables ● Bedroom, toilet & terrace

Bophut

15 Million THB

● 5 Houses ● Swimming pool ● Near the beach ● En-suite A/C bedrooms ● Kitchen ● Lounge/dining area ● Tropical garden ● 1 & 2 Bedroom apartments

BS341706

Bophut

27 Million THB/Key Money

● 19-room hotel ● 17-year lease contract ● Swimming pool ● Yearly rentals: 0.9 – 1.3 Million THB ● 3 Retail shops ● Exclusive location ● Fully equipped restaurant ● Across from the beach

72 THAILAND ESTATES PROPERTY GUIDE I www.ThailandEstates.com

Chaweng

BS341616

18 Million THB

● Built: 276 sq.m. ● Freehold Nor Sor Sam Gor ● 3-Storey building ● Optimal location ● Operating business ● Flexible terms ● 4-metre Beach Road frontage

Bophut

BS341671

25 Million THB/Freehold

● Lease options available ● Very close to the beach ● 7 Fully furnished rooms

BS191007 ● Plot: 3,020 sq.m. ● Easy to manage ● 3 Bedroom house ● Close to the beach

● Fully operating hotel ● Swimming pool ● Restaurant ● Bar area ● Exclusive location of Fisherman’s Village

Choengmon

1.15 Million Euros ● Investment opportunity ● Successful business ● 18-hole mini golf course ● 2-storey house ● 2 Apartments ● Parking space ● 28-seat bar & restaurant ● Company incuded



SAMUI

COMMERCIAL LISTINGS

Chaweng

BS34866 ● Living : 300 sq.m. ● Bathroom/3 Toilets ● Large living areas ● 3-Storey building ● Very spacious floors

15 Million THB ● Very spacious floors ● Fully equipped kitchen ● In the heart of Chaweng ● Ideal for all businesses

BS34589 ● Resort with pool ● 2 One-bedroom units ● Lounge area/kitchen ● Air-con

BS30925 ● Plot: 6,400 sq.m. ● 10 A/C Bungalows ● Restaurant & spa ● Parking

BS341169

Chaweng

32 Million THB ● 8 Two-bedroom units ● Fully furnished ● Bathroom/balcony ● Garden/parking

Bophut

55 Million THB ● Chanod (NS4J) ● Swimming pool ● Reception

Bang Rak

55 Million THB

● Plot: 1,200 sq.m. ● Beachfront resort ● 12 Air-con bungalows ● 3 A/C additional rooms ● Restaurant ● Fully equipped kitchen ● Bar/Sala ● Beach terrace ● Parking space ● Landscaped garden

BS34503

Chaweng

16 Million THB

● Living: 480 sq.m. ● 12 Bedrooms ● 12 Bathrooms ● Coffee bar/kitchen ● Reception area ● Close to the beach ● Centrally located hotel ● Lease options available

BS99301034 ● Plot: 2,400 sq.m. ● 5 Premium villas ● 1 VIP villa ● Jacuzzi ● Parking

Chaweng

68 Million THB ● 18 Apartments ● 1 Superior villa ● Swimming pool ● Restaurant

Bophut

16.5 Million THB

● 2 Bungalows ● 1-2 Bathrooms ● Cable T.V. ● Fully occupied

● 4 Apartments ● Air-con ● Fully furnished

BS99301036

● Plot: 296 sq.m. ● 3 Villa suites ● Nice spa ● Beachfront

● Built: 660 sq.m. ● 9 Rooms ● Restaurant & bar

● Plot: 1,600 sq.m. ● Air-con bedrooms ● Communal pool ● Pool table ● Garden

● Plot: 1.5 Rai ● 2 Bathrooms + toilet ● Sea view balcony ● Communal pool ● Maids quarter

74 THAILAND ESTATES PROPERTY GUIDE I www.ThailandEstates.com

Lamai

● 3 Bedroom villa ● Living room / kitchen ● Six 25 sqm bungalows ● Garden / Sala

40 Million THB

● Plot: 3,040 sq.m. ● 32-Metre beachfront ● 5 A/C Bungalows ● From 25 to 95 sq.m. ● Open air kitchen ● 13m * 8m pool ● 2 Salas & waterfall ● Double car port ● 2 Phase Electric & Deep Well

60 Million THB

15.5 Million THB

Choengmon

BS061136

BS19819

BS341584

Chaweng

BS03308

Bang Rak

14.9 Million THB ● 11 Bungalows ● Wi-fi/phone/TV ● 60 Sq.m. each on 2 floors ● Parking ● Close to the airport

BS34641 ● Plot: 3,200 sq.m. ● 10 Rooms ● Swimming pool ● 200 Sq.m. yoga hall ● Restaurant & shop

Koh Phangan

32 Million THB ● 6 Bungalows ● 30-Metre beachfront ● Herbal steaming sauna ● De-tox programmes ● Internet café & wi-fi



RESIDENTIAL LISTINGS

HS341623 ● ● ● ● ●

Built: 120 sq.m Master bedroom with seaview Bedroom with shower Large open living/dining room/equipped kitchen Big terrace with stunning seaview

● ● ● ● ●

Chaweng

5.2 Million THB

Price decreased from 5.9 to 5.2 Million THB Communal swimming pool 24/7 Security - Car park Underground electricity A few minutes from Chaweng Beach

Bophut

HS341718 ● ● ● ● ● ●

High end luxury property 5 Bedrooms en suite / 7 Bathrooms Fully equipped kitchen & living area Separate maids quarter Landscaped garden with canal Remote control system for lights & gates

76 THAILAND ESTATES PROPERTY GUIDE I www.ThailandEstates.com

● ● ● ● ● ●

35 Million THB

Flexible payment terms Sea view from every room Office space & store room 66 sq.m. Infinity edge pool Air-conditioning /Internet access /Satellite TV Car park for 3 cars


SAMUI

Choengmon

HS341031 ● ● ● ● ●

3 Bedrooms Western kitchen Private pool/ Large terraces Large parking space Quiet residential area

● ● ● ● ●

9 Million THB

2 Bathrooms Sea views Landscaped garden Storage area/ Living area 5 mins to Choengmon Beach

Lamai

HS341688 ● ● ● ● ●

Built: 150 sq.m. Chanod (NS4J) 3 Bathrooms Kitchen Jacuzzi

● ● ● ● ●

6 Million THB

Plot: 400 sq.m. 2 Bedrooms Living room Car port Garden www.ThailandEstates.com I THAILAND ESTATES PROPERTY GUIDE 77


RESIDENTIAL LISTINGS

HS341622 ● ● ● ● ●

Built: 250 sq.m. 3 Sea view bedrooms Living room & kitchen Fully furnished Close to the beach

● ● ● ● ●

Lamai

23.5 Million THB

Plot: 1,360 sq.m. 3 Bathrooms + toilet Teak wood floors Swimming pool Next to Lamai Centre

Bang Por

HS341660 ● ● ● ● ● ●

Built: 1,000 sq.m. Land title: Chanod 4 (+1) Bedrooms/5 Bathrooms Large kitchen/bar/dining room Deluxe decoration/art/equipment Swimming + plunge pool/ Vast 430 sq.m. terraces

78 THAILAND ESTATES PROPERTY GUIDE I www.ThailandEstates.com

● ● ● ● ● ●

45 Million THB

Plot: 1,600 sq.m. Unique Western design villa Beautiful sea & island views/Ideal Northern orientation Lounge/home cinema/billiard Luxurious landscaped gardens Easy access, 5 min. walk to the beach


SAMUI

Nathon

HS341743 ● ● ● ● ●

Built: 300 sq.m. 4 Bedrooms Sea view living room Luxury fittings Private swimming pool

● ● ● ● ●

17 Million THB

Plot: 772 sq.m. 4 Bathrooms Fully equipped kitchen Amazing panoramic sea views Landscaped garden/ Quiet residential area

Bang Khao

HS 341750

29 Million THB

● New concept of mid-size luxury home – only 4 luxurious private villas ● Only 100 meters from the beach ● Built area of each: 400 sq.m., plot size: 800 sq. m shaded by a lush tropical garden ● Exclusive individually designed ¨made for me¨ villas ● Each villa consists of inter-connecting pavilions set around private pool ● Landscaped gardens with water features and big trees ● Master Bedroom Pavilion + 2 Guests Bedrooms Pavilion ● Artistically used terrazzo and marble, designed bathrooms ● Master bedroom huge walk-in wardrobe ● Tastefully decorated by handmade motifs, bas-reliefs and sculptures ● All bedrooms include luxurious en-suite bathrooms ● Fine artistic and serious engineer solutions ● Kitchen and Dining Room Pavilion + Living Room Pavilion + Maid room ● Global draining system, individual water wells and 3phases electric ● Fully equipped and luxury furnished secluded home ● Owner finance available. Solid rental yields. www.ThailandEstates.com I THAILAND ESTATES PROPERTY GUIDE 79


RESIDENTIAL LISTINGS

Chaweng

HS341778

4.5 Million THB

● Built: 280 sq.m. ● 3 Bathrooms/Unit ● Convenient location ● Open to offers

HS341205

● Price includes 2 townhouses ● 2 Bedrooms/Unit ● Vast living area ● 2 Balconies ● Back & front terraces ● Recently built ● Flexible offer

Laem Sor

10.995 Million THB

● Built: 175 sq.m. ● Plot: 500 sq.m. ● 3 Bedrooms ● 2 Bathrooms+Toilet ● Western kitchen ● High vaulted ceilings ● 35 sq.m. pool ● Jacuzzi ● Sala ● 300 m. from the beach

HS99301120 ● Built: 330 sq.m. ● 4 Bathrooms ● Air-con ● Car park

Laem Set

22.5 Million THB ● Plot: 1,648 sq.m. ● 4 Bedrooms ● Living room ● Kitchen ● Garden ● Pool/Sala ● Walking distance to the beach

80 THAILAND ESTATES PROPERTY GUIDE I www.ThailandEstates.com

HS16850 ● Built: 160 sq.m. ● 2 Bali-style bathrooms ● Optional 950 sq.m. plot ● 2 Kitchens

● Plot: 400 sq.m. ● 2 Bedrooms ● Custom wood furniture ● Anti-heat isolation ● 20,000 L Water tank ● Great sea views ● Close to the beach ● Real prime location

HS99341119 ● Built: 175 sq.m. ● Bathroom ● Air-con ● Partial seaviews

Maenam

7.5 Million THB

● Plot: 420 sq.m. ● Living room ● Swimming pool

HS341628

Namuang

5.5 Million THB ● 3 Bedrooms ● Western kitchen ● Garden

Lamai

4.3 Million THB

● Built: 100 sq.m. ● Plot: 572 sq.m. ● 2 En suite bedrooms ● Living area ● Dining area ● Kitchen ● Large garden ● Big garden ● Parking ● Close to Lamai Centre


SAMUI

Chaweng

Chaweng

Chaweng

HS341720

2.7 Million THB

HS341512

3.75 Million THB

HS341494

● Unit size: 100 sqm. ● 2 Bedrooms ● Vast living room ● Part of a gated community

● Chanod (NS4J) ● 2 Bathrooms ● Communal pool ● Convenient location

● Unit size: 60 sq.m. ● Sea view apartment ● Living room ● Communal pool ● Property completed

● 2 Bedroom unit ● Terrace ● Western kitchen ● Cable TV/Internet

● Built: 200 sq.m. ● 4 Bedrooms ● Living room & kitchen ● Landscaped garden ● Thai-style pavilion

HS341739

18 Million THB

Chaweng

● 4 Bedrooms ● Western kitchen ● Living room ● Garden & Sala ● Centrally located

● 4 Bathrooms/toilet ● 3-Storey fully furnished villa ● Terraces & balconies ● Swimming pool & decks ● Amazing sea views

Bophut

Choengmon

HS34632

5.6 Million THB

● Built: 120 sq.m. ● 3 Bedrooms ● Living room ● Garden ● Quiet location

● Plot: 400 sq.m. ● 2 Bathrooms ● Kitchen ● Swimming pool

HS19676

18.9 Million THB

HS30902

● House area: 300 sq.m. ● Indoor living room ● Fully furnished/Wi-fi ● Alarm/Satellite TV

● 5 Bedrooms en suite ● Western kitchen ● Private pool ● 2 Parking places

● Built: 150 sq.m ● 3 Bedrooms ● Fully furnished ● Landscaped garden ● Fully air-conditioned

HS341781 ● 3 Bedrooms ● 2 Bathrooms ● Swimming pool ● Terrace ● Large car space

Lipa Noi

8.5 Million THB ● Walled-in unfurnished villa ● Vast living & dining room ● Fully equipped kitchen ● Fully landscaped garden ● In a small quiet community

HS341626 ● Built: 737 sq.m. ● 7 Bedrooms ● Gym & laundry ● Fully furnished ● 180 sq.m. terraces

Lamai

Price on application ● Plot: 400 sq.m. ● 3 Bathrooms ● Recently refurbished ● Big storage room

Ban Saket

53 Million THB ● Plot: 2,240 sq.m. ● 7 Marble Bathrooms ● Fully equipped kitchen ● 76 sq.m. swimming pool ● Stunning sea views

HS341401

7.5 Million THB ● Plot: 800 sq.m. ● 3 Bathrooms ● Storage area ● Swimming pool ● Covered car port

Bophut

11 Million THB

● Built: 220 sq.m. ● Plot: 480 sq.m. ● 3 Bedrooms ● 2 Bathrooms ● Large balcony ● Fully furnished ● Living room/kitchen ● Landscaped garden ● Swimming pool ● Car space

HS341718 ● Built: 174 sq.m ● 3 Bedrooms ● 2 Bathrooms ● Communal pool ● Seaviews

HS341779

Bang Rak

9.9 Million THB ● Price negotiable ● Owner finance available ● Open plan kitchen & living area ● Includes designer furniture ● Convenient, quiet & peaceful

Bang Kao

3.5 Million THB

● Price including 2 houses! ● Bedroom ● Bathroom ● Living room ● Landscaped garden ● Kitchen area ● Open to offers ● 1-minute drive to the beach

www.ThailandEstates.com I THAILAND ESTATES PROPERTY GUIDE 81


L A N D L I S T I N G S

1 Rai = 1,600 Sq.m.

Public road

Entrance to the land

1.9 Rai Plot

Lipa Noi

LS07441

1.35 Million THB/Rai

● Lipa Noi: 1.9 Rai

● Chanod (NS4J)

● Public road nearby

● Water well

● Flat land

● Ideal to build

● Quiet area

● House plans available

● Electricity close by

Lamai

LS341540

● Plot: 4 Rai ● Ideally flat to build ● Electricity onsite ● Concrete road access

● Individual plots from 2 Million THB ● Sea views & Near Lamai Centre ● Easy access from Ring Road

82 THAILAND ESTATES PROPERTY GUIDE I www.ThailandEstates.com

4.5 Million THB/Rai

● Chanod (NS4J) ● Optimal for development ● 300 Metres from the Beach


SAMUI

LS341721

● Plot size: from 500 sq.m. ● Peninsula overlooking a cove ● 3-phase electricity ● Water systems

Koh Phangan

2.5 - 4 Million THB/Plot

● In an exclusive residence ● Convenient location on Koh Phangan ● Government road access ● Views on a lagoon, Koh Ma and Koh Tao ● Concrete roads in residence ● Direct private access to three beaches ● Next bay to Chaloklam village (restaurants,shops etc..)

Koh Phangan

LS9930800

● Plot: 9.5 Rai ● Nor Sor Sam Kor ● 87 m. Beachfront ● Nice sunset views ● Panoramic sea views ● Between Haad Rin& Thongsala ● Gvt concrete road

6.85 Million THB/Rai

● Topographic survey available ● Water & Electricity available onsite ● Direct access road from the main public

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L A N D L I S T I N G S

LS9930915

● Plot: 16 Rai

Bophut

15.625 Million THB/Rai

1 Rai = 1,600 Sq.m.

LS34621

SAMUI

Ban Tai,

1.95 Million THB

● Nor Sor Sam Gor

● Plot: 0.54 Rai

● Nor Sor Sam Gor

● Ring Road Frontage

● Electricity

● Fantastic sea views

● Hillside location

● Gentle slope land

● Optimal location

● 24-Hour security

● Concrete road access

● Full infrastructure

● Gentle slope

● Close to all amenities

LS301138

Plot: 2 Rai

● Close to the beach

Pang Ka

5.5 Million THB/Rai

LS341666

Taling Ngam

28 Million THB

● Chanod (NS4J)

● Plot: 4.65 Rai

● Chanod (NS4J)

● Electricity

● Concrete road

● Private access road

● Walking distance to beach

● Water

● House plans

● Breathtaking ocean views

● Close to 5-star resort

● Building permit

● View over the Five Islands

● Electricity

● Can be subdivided to 9 plots

● Starting from 550 sq.m.

● Gentle slope

84 THAILAND ESTATES PROPERTY GUIDE I www.ThailandEstates.com



LAND LISTINGS

LS341686

1 Rai = 1,600 Sq.m.

Bophut

5.5 Million THB/Rai

● Plot: 2,552 sq.m. ● Nor Sor Sam Gor ● Panoramic sea views ● Close to all amenities ● Fantastic view ● Electricity onsite ● 800 m. from Ring Road ● Close to the beach ● Can be subdivided ● Real prime location

LS341589

Maenam

3.5 Million THB/Rai

● Plot: 6.5 Rai ● Chanod (NS4J) ● Gentle hillside ● Facing Koh Phangan ● Breathtaking sea views ● Electricity at the bottom ● Next door to luxury developments ● Investment Opportunity

LS341539

Bang Makham

4.39 Million THB/Plot

● Plot: 0.79-1.63 Rai ● Chanod (NS4J) ● Five sea view plots ● Concrete road access ● 2 Water wells ● Electricity at the top ● Rock formations ● 87-147 metres above sea level

86 THAILAND ESTATES PROPERTY GUIDE I www.ThailandEstates.com

Choengmon

LS341582

12 Million THB

● Plot: 1,140 sq.m.

● Chanod (NS4J)

● Full infrastructure

● Gated entrance

● 24-Hour security

● Sea views

● Exclusive location

● House plans available on request

Ban Tai

LS341590

2.7 Million THB

● Plot: 1,284 sq.m.

● Nor Sor Sam Kor

● Electricity

● Sea views

● 24-Hour security

● Close to the beach

● Full concrete road access

LS341775

Koh Phangan

10 Million THB/Rai

● 4 Rai beachfront flat land ● Chanod (NS4J) ● Public road access ● Deep Water Well ● Water ● Electric available ● 200m away from pier


SAMUI

LS301166

Chaweng

2.5 Million THB

● Plot: 0.63 Rai ● House plans ● Building permits ● Communal pool ● Chaweng Bay view

● Nor Sor Sam Gor ● Concrete access road ● Electricity & water ● Breathtaking sea views ● 5 Mins. from the beach

LS341761

4.8 Million THB/Rai

Plai Laem

● Plot: 3.5 Rai ● 3-phase electricity ● Concrete access road ● Full concrete road frontage ● Close to the Beach ● 7 Mins drive to Chaweng ● 5 Mins drive to the airport ● Investment opportunity

Maenam

LS341544

Bang Rak

4.5 Million THB/Rai

● Plot: 11 Rai ● Chanod (NS4J) ● Flat land ● 120-Metre road frontage ● Deep water wells ● Concrete road inside ● 3-Phase electricity ● Ideal to develop a project ● Smaller plots available for sale

LS341692

Maenam

4 Million THB/Rai

● Plot: 11 Rai ● Nor Sor Sam Gor ● Facing Koh Phangan ● Panoramic sea views ● Electricity ● Concrete road access ● Investment opportunity ● Close to an exclusive development

Bang Makham

LS341700

15 Million THB/Rai

LS341752

● Plot: 56.6 Rai ● Ring Road frontage ● Perfectly flat ● Unique offer

● Chanod (NS4J) ● 100-Metre beachfront ● Full infrastructure ● Ideal for a luxury resort

● Plot: 2,000 sq.m. ● Chanod (NS4J) ● Full infrastructure ● Breathtaking sea views ● Building permit ● Concrete road access ● Topography available ● Full architectural drawings ● Retaining wall at the bottom

LS341238

5 Million THB/Plot

Thong Krut

● Plot sizes: 0.63–3.63 Rai ● Chanod (NS4J) ● 240-Degree sea views ● Fiber optics ● Private & public road ● Underground water ● Sports facilities ● 3-Phase underground electricity

LS341685

4.8 Million THB/Rai

Laem Set

3 Million THB/Rai

● Plot: 2.5 Rai ● Concrete road access ● Part of a gated retreat ● 24-Hour security ● Architectural drawings

● Chanod (NS4J) ● Water & electricity ● Private driveway ● Communal pool & bar

LS341648

Plai Laem

1.1 Million THB

● 2 Plots: 414 - 444 sq.m. ● Chanod (NS4J) ● Flat lands for Sale ● Electricity ● Concrete road access ● Close to beach ● Close to airport

LS34847

Maenam

19.8 Million THB/Rai

● Plot: 9.8 Rai ● Chanod (NS4J) ● 95-Metre beachfront ● Facing Koh Phangan ● Full infrastructure ● Amazing investment opportunity

LS341585

Taling Ngam

38 Million THB

● Plot: 14 Rai ● Chanod (NS4J) ● Electricity nearby ● Concrete road access ● Sea views ● Next to a renowned project ● Investment option

LS34769

Laem Set

26 Million THB

● Plot: 3 Rai ● Chanod (NS4J) ● 75 m. Frontage ● Unique beachfront land ● Amazing view ● Infrastructures nearby ● Very high potential ● Close to a high-end villa ● Infrastructures nearby ● Along the sea and a canal

www.ThailandEstates.com I THAILAND ESTATES PROPERTY GUIDE 87


L U X U R Y R E N TA L S

VP0001

Big Buddha

825 - 1,600 US$/Day

VP0002

Bophut

700 - 1,600 US$/Day

● 6 Bedrooms

● 6 Bathrooms

● 5 Bedrooms

● 5 Bathrooms

● 3 Staff

● Thai chef

● 3 Staff

● Thai chef

● Private swimming pool ● Fully furnished

● Wifi Internet

● Infinity edge pool

● In-villa spa treatment

● Fully furnished

● Stunning views

VP0003

● Close to the beach

Laem Set

550 - 1,400 US$/Day

VP0004

Chaweng

650 - 750 US$/Day

● 4 Bedrooms

● 3 Bathrooms

● 3 Bedrooms

● Breathtaking view

● 3 Staff

● Thai chef

● 3 Buildings

● Large living area

● Private swimming pool ● Beachfront villa

● Fully fitted kitchen

● Infinity edge pool

● Fully furnished

● Tiled deck

● 3 Full-time staff

● Peaceful location

88 THAILAND ESTATES PROPERTY GUIDE I www.ThailandEstates.com


SAMUI

VP0005

Chaweng

650 - 850 US$/Day

VP0006

Laem Sor

900 - 1,700 US$/Day

● 2-3 Bedrooms

● 3 bathrooms

● 6 Bedrooms

● 7 Bathrooms

● 3 Staff

● Thai chef

● 3 Staff

● Thai chef

● Infinity edge pool

● Amazing sea views

● Unique swimming pool ● Beachfront villa

● Private sala

● Steam room

● Steam room

VP0007

● Fully furnished

Laem Sor

700 - 1,500 US$/Day

VP0008

Plai Laem

900 - 1,300 US$/Day

● 6 Bedrooms

● 8 Bathrooms

● 4 Bedrooms

● 5 Bathrooms

● 3 Staff

● Thai chef

● 3 Staff

● Thai chef

● Fully furnished

● Private tennis court

● Free form swimming pool ● Jacuzzi

● Private swimming pool ● Beachfront villa

● Unsurpassed views

● Fully furnished

www.ThailandEstates.com I THAILAND ESTATES PROPERTY GUIDE 89


R E N TA L S L I S T I N G S

Bophut

HR501630

Price on application

● 3 Bedrooms ● 3 Bathrooms ● Breathtaking sea views ● Master Bedroom en suite with Jacuzzi ● Outside lounge area & Sala ● 5 mins from Golf Course ● Daily & monthly rates available ● Infinity pool & sundecks ● High-end luxury villa ● 120 sq.m. Living, dining & kitchen area

Chaloke Lum, Koh Phangan

HR341792

● 5 Bedrooms en suite ● Terrace & pool ● Private cook & laundry ● Wi fi system

450 US$/Day - 2,500 US$/Week - 6,000 US$/Month

● Living & dining rooms ● Courtyard ● Telephone, TV, DVD, Audio ● On the beach

90 THAILAND ESTATES PROPERTY GUIDE I www.ThailandEstates.com

● Kitchen ● Includes maid ● In a charming village with all facilities ● Decorated with antic furnitures


SAMUI

HR50863 ● 1 or 2 Bedrooms ● Fully furnished ● European kitchen ● Cable TV, DVD ● Laundry available

Chaweng

15,000 THB/Month ● Bathroom ● Living room ● Terrace/Air-con ● Wireless Internet ● Communal Pool & Jacuzzi

Bophut

Chaweng

Bophut

HR341773 3,500 - 12,000 THB/Day

HR511268 70,000–110,000 THB/Month

● Villa & guesthouse ● 2, 3, Or 5 bedrooms ● 13 m Swimming pool ● Sea view ● Maid/laundry service ● 8-person Jacuzzi ● UBC TV & Wi-Fi ADSL ● Bar and pool table ● Professional grade gym ● Prime location

● 3 En-suite bedrooms ● Air-con ● Private pool & Sala ● A/C ADSL & Cable TV ● Dining area & living room ● European kitchen ● Landscaped garden ● 24-Hour security ● Communal Sauna ● Steam rooms

Bang Rak

Bang Rak

HR50873 From 120,000 THB/Month

HR501719 4,800–7,200 THB/Day

HR511290 7,900–11,900 THB/Day

● 5 Bedrooms (3 Ensuite) ● A/C throughout ● Balcony ● Alarm systems ● Car portal

● 3 Bedrooms ensuite ● Air-con ● Modern living room ● 42 inch Plasma TV/DVD ● Fully furnished ● Entertainment System ● Satellite TV ● 20 m. long shared pool ● High Spec. kitchen ● Tropical garden setting

● 2 Bedrooms en suite ● Air-conditioning ● Balcony & terrace ● Satellite TV & DVD ● Private pool ● Cleaning service ● Western kitchen facilities ● High-Speed Internet

HR18930

● 2 Other Bathrooms ● Fully fitted kitchen ● Garden ● Internet broadband

Bang Rak

375 US$/Day

● Master bedroom en suite ● Dining area ● 2 Additional bedrooms ● Upstairs bathroom ● Living/kitchen ● Gymnasium ● Private pool/Jacuzzi ● Wireless Internet ● Toilet downstairs ● Maid’s room

Maenam

HR501677

Choengmon

700-1,200 US$/Night

● 6 Bathrooms ● A/C in Bedrooms ● Large private pool ● Living/dining room ● Gated security

● 5 Sea view bedrooms ● Maids quarter ● Western kitchen ● ADSL/TV/media room ● 10 Min.Walk from beach

Laem Set

HR511284

42,000 THB/Month

HR501625 3,500-4,500 US$/Night

● 3 Bedrooms ● Private pool ● Broadband Internet ● UBC Satellite TV ● Maid service

● 2 Bathrooms ● 10 Mins from beach ● Telephone connected ● Onsite fitness centre ● Pool cleaning and garden

● Oriental style 1 bed villa ● Private pool ● UBC TV /WI-FI Internet ● Terrazzo bathroom ● 10 mins to Lamai

● Outdoor living Sala ● Western kitchen ● A/C throughout ● Shower room ● Close to the beach

HR511270

Choengmon

150,000–250,000 THB/Month

● 3 En suite bedrooms ● Fully equipped kitchen ● Private pool ● Huge living space area ● Maid provided ● Private beach access ● Parking ● Landscaped Garden ● 24-Hour security ● Electric & water included

HR501469

Lamai

50,000 THB/month

● 2 Bedrooms en suite ● Fully equipped kitchen ● UBC/TV/DVD ● Tropical garden ● Air-con ● Outdoor Sala with TV ● Living room ● Cable TV in bedroom ● Swimming pool ● Alarm system

www.ThailandEstates.com I THAILAND ESTATES PROPERTY GUIDE 91


CLASSIFIED

LISTINGS

RESIDENTIAL LISTINGS

SAMUI

Chaweng HS341676

From 1.9 Million THB

● 18 apartments for sale ● Under construction ● Communal pool

● Sea views

● Option to buy the whole complex ● 1 & 2 bedroom units available

Chaweng HS341105

4 Million THB

● Townhouse for SALE ● 2 Units left ● Land size: 144 sq.m. ● Living: 126 sq.m. ● 2 A/C ● 2 Bedrooms ● 3 Bathrooms ● Fully furnished ● Top open space with sala ● 5 Mins from Tesco, BigC, Makro, Golf Driving Range

Bophut 12.5 Million THB

HS301000

● Built: 437 sq.m. ● 4 Bedrooms ● Western style kitchen ● Car port ● Available for rent

● Plot: 800 sq.m. ● 3 Bathrooms ● Private pool ● Sea views ● More land available

● Built: 400 sq.m. ● 3 Bedrooms ● Open plan living area ● Infinity edge pool ● High quality materials ● Breathtaking sea views

Plai Laem ● Built: 88 sq.m. ● 2 Bedrooms ● Living room ● 2 Balconies ● Kitchen room

3.5 Million THB ● Plot: 100 sq.m. ● 2 Bathrooms ● Small flower garden ● Semi-detached townhouse

● Built: 230 sq.m. ● 2 Bedrooms ● Amazing sea views ● Terrace/garden ● Vast empty room

9.85 Million THB ● Plot: 420 sq.m. ● 2 Bathrooms ● Living room/kitchen ● Pool & decks ● Car port

HS341771

15 Million THB

● 3 Bedrooms ● 3 Bathrooms ● Living room & kitchen ● Satellite TV & DVD ● Air-conditioning ● Swimming pool ● Landscaped garden ● Price negotiable ● 100 m. from the beach ● In a gated development

25 Million THB ● Plot: 1,200 sq.m. ● 3 Bathrooms ● Fully fitted kitchen ● Lush garden ● Sala

7.5 Million THB

● 3 Bedrooms ● 2 Bathrooms ● Living room ● Western kitchen ● Salt-water pool ● Vast storage space ● Landscaped gardens ● In a gated community ● A short walk to the beach

● Plot: 4,800 sq.m. ● 6 Bathrooms ● Jacuzzi/Gym ● Staff quarters ● Huge car port

● 4-6 Bedrooms ● Ultimate luxury villa ● Alarm system ● 100 Sq.m balcony ● 2 Substantial storage

Bang Rak HS341597

3.7 Million THB

● Living: 93 sq.m. ● Land size: 144 sq.m. ● 3 Air con units ● 2 Bedrooms ● 3 Bathrooms ● Small private garden ● Residential project ● Concrete road access ● Close to the beach

Bang Makham HS99301135

25 Million THB

● Built: 900 sq.m ● 3 Bedrooms ● Amazing sea views ● Infinity edge pool ● Home theatre

● Plot: 1,292 sq.m. ● 3 Bathrooms ● Spacious living area ● Jacuzzi / Sala ● Maid room

Thong Krut HS34713 ● 3 A/C Bedrooms ● Living room ● Kitchen ● Fully furnished ● Car park ● Luxury residence

Laem Set HS341733

100 Million THB

Ban Tai

Nathon HS341273

HS341561

Bophut

HS341134

HS341546

Chaweng

24 Million THB ● 3 Bathrooms ● Dining room ● Swimming pool ● Garden ● 24-Hour security ● Sea views

Laem Sor HS341570 ● Built: 150 sq.m. ● 2 Bedrooms ● Air-con ● Communal pool ● Garden

12.9 Million THB ● Plot: 348 sq.m. ● Bathroom ● 10-metre beachfront villa ● Living room/kitchen ● 2 Balconies & terrace

Lamai HS341519 ● Built: 160 sq.m. ● 3 Bedrooms ● Living room ● 3 Balconies ● Pool & decks

92 THAILAND ESTATES PROPERTY GUIDE I www.ThailandEstates.com

5.5 Million THB ● Plot: 552 sq.m. ● 3 Bathrooms ● Kitchen room ● Storage ● Garden/car space

Lamai HS9930923

22.5 Million THB

● Built: 300 sq.m. ● 4 Bedrooms (En Suite) ● 2 Kitchens ● Balcony ● Good rental returns ● Panoramic sea views

● Land: 328 sq.m. ● 2 Living rooms ● Swimming pool ● Maid room ● Car portal


CLASSIFIED

LISTINGS

LAND LISTINGS

SAMUI

Chaweng LS341574

5 Million THB/Rai

● Plot: From 1.10-1.54 Rai. ● Chanod (NS4J) ● Concrete road access

● 3-Phase electricity

Chaweng

Bang Rak

LS34758

4 Million THB/Rai

LS341770

● Plot: 26.2 Rai

● Nor Sor Sam Gor

● Plot: 1,150 sq.m.

● 350 m. to the beach

● Full sea views

● 800 m. from Ring Road

3.5 Million THB

● Flat land

● Electricity onsite

● Close to all amenities

● Stunning hillside land ● Close to all amenities

● Communal pool

● Includes a small house

● 3 Sea view plots of land

● Investment opportunity

● In a small development of 8 plots

Bang Rak LS341768

3.6 Million THB/Rai

● Plot: 2,000 sq.m. ● Easy to build on ● Good value land ● Close to Chaweng Beach ● 8-metre wide access road ● Walking distance to the airport

Big Buddha LS341611 ● Plot: 400 sq.m.

2 Million THB ● Chanod (NS4J)

LS341757

1.9 Million THB

● Plot: 492 sq.m. ● Concrete road access

● Partial sea views ● Close to piers & airport

● Easy to build on ● Easy access

● Electricity

● Central location ● Gentle slope hillside land

● Concrete road access

● 3-minute drive to the beach

Bophut LS341521

Choengmon

5 Million THB

Maenam LS341206

525,000 THB/Rai

● Plot: 1,600 sq.m. ● Chanod (NS4J)

● Plot: 16.2 Rai

● Sea views

● Underground electricity

● Dirt access road ● Sea views from the top

● Water

● Concrete road access

● Ideal for projects ● 10 Mins from Ring Road

● Nor Sor Sam Kor

Maenam LS341680

3.5 Million THB/Rai

● Plot: 5,600 sq.m.

● Chanod (NS4J)

● Option to buy 1 Rai

● Quoted to sell fast

● Full concrete road access ● 3 Wooden houses on the plot ● Perfect flat configuration

Taling Ngam LS341705

50 Million THB

● Plot: 15.65 Rai

● Chanod (NS4J)

● Nice sea views

● Full infrastructure

● Concrete road access ● Close to high-end project

Laem Sor LS341729

2.6 Million THB

● Plot: 1,600 sq.m. ● Chanod (NS4J) ● 300 m. from the beach ● Flat land ● Close to development ● Investment offer ● 6-m. wide servitude access road ● 20 m. from 3-phase electricity

Bang Kao LS341614

2.5 Million THB/Rai

● Plot: 7 Rai

● Chanod (NS4J)

Laem Sor LS341615

6 Million THB

● Plot: 3.85 Rai ● Chanod (NS4J) ● Electricity nearby ● Concrete road access ● Panoramic sea views ● 2 Mins from the beach ● Investment opportunity

Namuang LS341744 ● Plot: 1,428 sq.m.

2.2 Million THB ● Nor Sor Sam Gor

Laem Set LS341189

From 1.1 Million THB/Plot

● Plot size: 0.25-1.06 Rai ● Chanod (NS4J)

● 200 m. from the beach ● Dirt road access

● Nice sea views

● Concrete access road

● Nice sea views

● Option to buy more land

● Full concrete road access

● Mostly sloping plots

● Full infrastructure

● 2-min. drive from the Ring Road

● Topographic survey included

● Electricity

● Price negotiable, needs a quick sale

● Electricity close by

www.ThailandEstates.com I THAILAND ESTATES PROPERTY GUIDE 93




DIRECTORY I ■ Airlines/Airport Samui Airport 99 Moo1, Bophut, Koh Samui 84320 Tel: 077 425 011-4 Ext. 102 077 425 029-30 Bangkok Airways Samui 99 Moo4, Bophut, Koh Samui, 84320 Tel: 077 422 512-18 077 425 029-30 Fax: 077 424 559 Email: reservation@bankkokair.co.th Website: www.bangkokair.com ■ Shipping Pcr. Cargo & Freight Co., Ltd 33 Moo3, Bophut, Koh Samui 84320 Tel: 077 231 942 Bkk. 02 805 4429 084 190 6445 089 125 8409 Fax: 077 230 665 Phantip (1970) Co., Ltd. 11/4 Moo3, Angthong, Koh Samui 84140 Tel: 077 421 221-2 Fax: 077 421 222 Raja Ferry 1 Moo2, Lipa Noi, Koh Samui, 84140 Tel: 077 415 230-3 077 471 151-3 Fax: 077 415 234 077 471 154 Email: ferry_samui@yahoo.com Seatran Ferry Moo 3, Angthong, Koh Samui 84140 Tel: 077 426 000-2 Fax: 077 426 003 Email: info@seatranferry.com Website: www.seatranferry.com Samui Kohn song 83/2 Moo 3, Maret, Koh Samui 84310 Tel: 077 424 206 UPS Parcel Delivery Service Limited 109/44-45 Moo 6, Bo Phut, Koh Samui 84320 Website: www.ups.com ■ Car Rental Budget Car Rental 99 Moo 4, Bo Phut, Koh Samui 84320 Tel: 077 427 188 Fax: 077 427 189 Website: www.budget.co.th Samui Accom 99 Moo 4, Bo Phut, Koh Samui 84140 Tel: 077 245 599 Fax: 077 245 599 Email: reservation@samuiaccom.com Website: www.samuiaccom.com ■ Golf Courses Lamai Driving Range 22/6 Moo 6, Maret, Koh Samui 84310 Tel: 081 090 7213 086 282 0749 Fax: 077 418 995

Samui Golf & Sport Center 115/38-39 Moo 6, Bo Phut, Koh Samui 84310 Tel: 077 246 191 077 246 195 Fax: 077 246 194 Email: samuigolf@yahoo.com Website: www.samuigolf.net Santiburi Golf Court 12/15 Moo4, Mae Nam, Koh Samui, 94330 Tel: 077 421 700-8 Fax: 077 421 709 Email: santiburi@dusit.com Website: www.dusit.com

Sanitation and Environment Division 29/1 Moo 1, Angthong, Koh Samui 84140 Tel: 077 421 421 ext. 108

■ Police Stations

Social Welfare Division 29/1 Moo1, Angthong, Koh Samui 84140 Tel: 077 421 421 ext. 113

Chaweng Police Box Moo 6, Bo Phut, Koh Samui 84320 Tel: 077 422 067

Technical Service and Planning Division 29/1 Moo1, Angthong Koh Samui 84140 Tel: 077 421 421 ext. 113

■ Government Offices

■ Hospital

Agricuturai Department Moo 3, Angthong, Koh Samui 84140 Tel: 077 421 050 Fax: 077 421 050

Bandon Int. Private Hospital 123/1 Moo1, Bo Phut, Koh Samui, 84320 Tel: 077 245 236-9, 077 425 382-3 Fax: 077 425 342 Email: info@bandonhospital.com Website: www.bandonhospital.com

Disaster Prevention and Relief Section 29/10 Moo 1, Angthong, Koh Samui 84140 Tel: 077 421 421 ext. 106 Education Department Moo 3, Angthong Koh Samui 84140 Tel: 077 421 247 Finance Division 29/1 Moo 1, Angthong, Koh Samui 84140 Tel: 077 421 421 ext. 112 Fisheries Department Moo3, Angthong, Koh Samui 84140 Tel: 0 7742 0372 Fax: 0 7744 0372-3 Immigration Office Moo3, Angthong, Koh Samui 84140 Tel: 077 421 069 Fax: 077 421 069 Koh Samui Municipality 29/1 Moo 1, Angthong, Koh Samui 84140 Tel: 077 421 421 ext. 110 Koh Samui Tourism Coordination Center 370 Moo 3, Angthong Koh Samui 84140 Tel: 077 420 504 077 420 720-2 Fax: 077 420 504 Email: tatsamui@tat.or.th Municipal Clerk Office 29/1 Moo1, Angthong, Koh Samui 84140 Tel: 077 421 421 ext. 110 Provincial Electricity Authority of Koh Samui 37/1 Moo1, Angthong, Koh Samui 84140 Tel: 077 234 128 Fax: 077 234 126 Public Prosecution Department Moo 3, Angthong, Koh Samui 84140 Tel: 077 421 253 Fax: 077 421 253 Public Works Division 29/1 Moo1, Angthong, Koh Samui 84140 Tel: 077 421 421 ext. 107

96 THAILAND ESTATES PROPERTY GUIDE I www.ThailandEstates.com

Bangkok Samui Hospital 57 Moo3, Bo Phut, Koh Samui, 84320 Tel: 077 429 500 Fax: 077 429 540 Website: www.samuihospital.com Samui Hospital 61 Moo 1, Angthong, Koh Samui, 84140 Tel: 077 421 230-2 077 421 232 Fax: 077 420 150 Samui International Hospital 90/2 Moo2, Bo Phut, Koh Samui 84320 Tel: 077 422 272 077 230 781-2 Fax: 077 230 049 077 422 775 Email: info@sih.co.th Website: www.sih.co.th Thai International Hospital 25/25 Moo6, Bo Phut, Koh Samui 84320 Tel: 077 414 400-9 Fax: 077 245 690 077 245 692 Email: thaiinterhospital@yahoo.com Website: www.thaiinterhospital.com ■ Insurance American International Group 64/21 Moo 3, Bo Phut, Koh Samui 84320 Tel: 077 422 440, 081 536 9136 Fax: 077 422 709 Email: suvitht@aia.co.th Ayudhya Allianz C.P Insurance 126/60 Moo 3, Maret, Koh Samui, 84310 Tel: 077 419 170-1 Fax: 077 419 171 Bupa Health Insurance 26/12 Moo 3, Bo Phut, Koh Samui 84320 Tel: 077 239 022 Fax: 077 239 021 Email: samui@bupa.co.th Website: www.bupathailand.com

Bo Phut Police Box Moo 2, Bo Phut, Koh Samui 84320 Tel: 077 425 071

Lamai Police Box Moo 4, Maret, Koh Samui 84310 Tel: 077 424 068 Mae Nam Police Box Moo 1, Mae Nam, Koh Samui 84330 Tel: 077 425 070 Marine Police 359 Moo 3, Angthong, Koh Samui 84140 Tel: 077 421 245 077 421 245 Nathon Police Station 17/16 Moo 3, Angthong, Koh Samui 84140 Tel: 077 421 095, 077 421 097-8 Fax: 077 420 506 Taling Ngam Police Box Moo1, Taling Ngam, Koh Samui 84140 Tel: 077 423 009 Tourist Police 304/8-9 Moo 1, Angthong, Koh Samui 84140 Tel: 077 421 281 Fax: 077 421 360 ■ Important Phone Numbers Tourist Police Tel: 1699 Police Tel: 191 Immigration Tel: 077 421 069 Ambulance Tel: 077 421 230 Tourist Information Tel: 077 420 504 Harbour Master Tel: 077 421 245 Samui Airport Tel: 077 425 012 ■ Lost Credit Cards American Express Tel: 02 273 0022 Diners Club Tel: 02 238 3660 Master & Visa Tel: 02 299 1990




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