Koh Phangan

 

 

Koh Phangan real estate market overview

Koh Phangan is home to numerous hotels, resorts without the mass tourism feeling one can have in busier islands in Thailand. In Koh Phangan, every new property development blends into the landscape, preserving Koh Phangan’s natural beauty. Koh Phangan’s real estate market is growing steadily, as the number of inhabitants triples in high season and every month to accommodate Full Moon Party fans. Foreigners and Thais alike began to buy properties in this little piece of paradise where real estate average market prices are still affordable. Here are the type of properties you can find for sale in Koh Phangan : 

– Semi detached villa, holiday oriented in a resort complex

– Detached villa, traditional, balinese, or modern style in a gated village 

– Pool villa, from 2 to 5 bedrooms

– Luxury villas, by the beach, with sea view, other benefits 

Take advantage of the attractive real estate prices in Koh Phangan with Keller Henson, specialized in new market and property investment in Thailand. To find out more about how to purchase a property in Koh Phangan, please check out our Guide to buying property in Thailand.

 

Koh Phangan condominiums for sale

Private condominiums for sale are very rare in Koh Phangan. Most of the time, the condominium units for sale in Koh Phangan are part of hotel or resort development, most likely in leasehold terms only. Meanwhile, this is offset by the affordable price of villas for sale in Koh Phangan.

 

Koh Phangan villas for sale

Buying a villa in Koh Phangan is for those who wish to get close to Nature, ready to slow down and embrace a peaceful lifestyle. You can obviously also invest in a villa in Koh Phangan and rent it out to the visitors. Koh Phangan new villas starting prices are more affordable than in Phuket or Koh Samui and come along with all the maintenance, services and security you can expect with international standards. 

We list all major new villa project developments in Koh Phangan that suit all budgets, while many of them are OFF Plan, we can assist in assessing risk level and taking measures to minimize associated risks when you buy an off plan villa in Koh Phangan.

 

Purchase a villa in Koh Phangan

When you buy a villa in Koh Phangan as a foreigner, most likely, that would be in leasehold terms, granting you a renewable 30 years long term lease of the villa. Feel free to check out the different villas for sale in Koh Phangan listed on our website. It’s also a good idea to get in touch with a real estate specialist like Keller Henson to get a selection of villa project developments based on your budget and personal requirements. We can advise and recommend top villa projects in Koh Phangan, from negotiating the price and buying conditions of the villa for you, up to the lease registration at the Land department.

 

Investing in Koh Phangan

Koh Phangan attracts thousands of tourists every year, and the number is rising steadily with the development of medical and wellness tourism. Koh Phangan is slowly shifting from its party island image to other industries, wellness. With its attractive prices and natural landscapes, Koh Phangan’s local economy is expected to grow slowly but surely.

Whether you envision a primary residence in a villa, a secondary home hillside retreat, or a rental income generator, Koh Phangan’s real estate market offers an abundance of opportunities.

 

Off-plan properties in Koh Phangan

Off-plan villa properties in Koh Phangan enable advantageous purchase conditions. In fact, off-plan villas in Koh Phangan are 25% cheaper than the average market price. This is a good opportunity to buy a villa at a low price for attractive future capital gains. Off-plan properties in Koh Phangan also offer flexible payment terms, with payment schedules according to the construction progress of the villa for instance. Buying a villa off-plan in Koh Phangan might be a risky move, you want a real estate specialist to do due diligence ahead and check for you the clauses in the purchase agreement. Keller Henson is here to help you invest in an off-plan villa in Koh Phangan safely, from the developer’s background check up to the follow up and handover of the property with professional inspection. 

 

Koh Phangan rental programs

Koh Phangan counts more than 400 hotels and resorts. Among the new hotel developments, foreigners can sometimes invest in properties with rental programs, designed by the property developer, managed by the hotel, and benefit from the program’s advantages, with returns on investments in the form of guaranteed revenue, or pooled revenue and other free time to use the unit yearly.

You can also decide to rent out your property in Koh Phangan by yourself or through Airbnb, or through a third-party rental management company that would take care of everything against a share.