The land comprises 5040m2 of flat coconut land on 10 chanote papers with 32m beach frontage on the north-west coast of Koh Samui approximately 400m south of Four Seasons Resort, where 3-bed villas sell for $4.5m.
The land is a quiet and secluded spot but in an area which promises to be the domain of high-end resorts. It looks across to Angthong Marine Park and benefits from stunning all year round sunset views. There is an existing partly built house which could be completed or more probably replaced.
The advantage of the existing structure is that there is build permission to build up to the beach whereas new regulations forbid structures within 10 m of the beach.
Access is via a concrete road which runs 1 km from the ring road and passes a new luxury resort which is under construction on the way past the site and continues to Four Seasons Hotel.
The price is THB 18.000.000 per Rai.
This is a nett price and the buyer will need to buy the Thai company the land is held in. Transfer fees will be minimal as we are selling the shares in the company.