A Very Special piece of property in Koh Samui Thailand that you will not be able to find again. Land was purchased in 1988 and has had 1 owner. 149 meters of white sand beach Chanote Titles are free and clear without any lien. Land Size 22 rai, 3 ngan, 41.8 square wah. Beach Frontage 149 meters. Road Frontage 192 meters.
Purchased in 1988 this property has had 1 owner. Location, location, location is the key to any successful property development. The Property is located on the quiet north end of Chewang Beach, the most successful commercial beach community in Koh Samui. Its a 5-minute drive from the islands boutique airport and despite the proximity, the flight paths do not pass over the property and the hills behind it mask any noise from planes. The property will be located in the RED ZONE which is scheduled to be announced in 2024, meaning it is in the viable area where maximum space can be legally utilized for development, and could possibly be a casino location in future. There is currently no condominium development in Chewang Beach yet and once built, will be in great demand. The condominium units can be sold to foreigners with a leaseback option for a 5 star hotel operator to manage with a healthy return for the investor. There is an approved build permit on the property now for 500 units, the design can be changed very easily and the build permit will stay in effect. The property can have your own BOI company without any Thai nominees. A great investment either for development or parking money you can't go wrong with this land. Its a true gem. I am a close personal friend of the owner and they have asked me to sell this land. Please, No brokers and serious enquires only. Best, Graham
