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Nirvana - Koh Chang - Thailand
Koh Chang is Thailand's second largest island and lies about 10km offshore in the Gulf of Thailand.
Koh Chang is Located 270 kms southeast of Bangkok in the Gulf of Thailand, Affectionately known as the ‘Elephant Island’ it is part of a forty seven island national park.
Koh Chang is about a three hour drive from the new Bangkok Airport and even closer to the regional airport in Trat where there is a 20 minute ferry journey to the island.
The island is stunningly beautiful with picture postcard beaches and coconut palms, white powdery sand and a handful of islands so close they can be reached by kayak.
The island was not hit by the recent tsunami as it is a protected bay in the Gulf of Thailand. Its location will also make it safe from future tsunamis as the beach is protected in the Gulf.
Koh Chang is still well over a decade behind its better known counterparts in terms of the level of development, but once a location begins to attract developers land and property prices rise exponentially. Land prices on the island have increased considerably over the past few years, estimated to be between 300% to 400%.
Land prices will continue to increase, especially beachfront, as the Island of Koh Chang is protected by law, and the majority of the island, around 70%, can never be built on and is therefore not available for development. Due to the island's National Park status, these developments are designed to complement and not destroy the beauty of the island. For these reasons you won't find mass market low budget housing projects on Koh Chang, only high quality developments.
Nirvana, Affordable Beachfront Villas - Thailand
The developer is offering the only beachfront villas available in Koh Chang. Any beachfront property in Thailand is very expensive; if you were looking in Phuket or Koh Samui you would pay at least £750,000 upwards. As a comparable you could use the Malaiwana development in Phuket with prices for a 3 bed villa from £1,245,000.
There are restrictions on foreign nationals buying property in Thailand. To buy freehold property in Thailand you need to buy through a Thai Company with 6 Thai nationals as directors/shareholders. To give you full control and ownership of the company and property, the 6 Thai Directors/shareholders sign their share certificate (undated) and give to the investor on the day of incorporation. The developer will assist with this. The set up costs are around £350.
Nirvana is shared with other properties from another developer, however only our properties are frontline.
The development is unlike the Caribbean resorts where it is NOT run by a hotel.
The investor will receive 10% rental guarantee for 2 years (30 days usage) and can then use it as much as they like. Investors can opt out of the rental guarantee and will receive a 10% discount on purchase price.
We have a management company to assist owners on renting out the property ongoing if they wish.
Mortgages are impossible to obtain in Thailand. The developer is the only one to not only offer a mortgage but 100% funding. This is the same concept as the Caribbean where there is a 30% deposit (we meet the repayments until completion) and a 70% guaranteed mortgage on completion. The mortgage is over 5 years at an interest rate of 9% approx.
The exceptionally beautiful detached villas are situated right on the beach or in the garden amongst striking coconut palms. External maintenance such as maid service centre, pool cleaner, massage staff are taken careof for you – even the gardens are tended to, and, with over 1.5 km of virtually private, tropical beaches, there will be plenty of time to relax and enjoy life in the sumptuous natural surroundings.
The development will have pools, restaurants, a spa, lush gardens, private pier, a salt water lagoon, sporting & water sports facilities, 24 hours security service, rental services, English speaking care on site and much more…There is little or no night life here, although there are a few bars and restaurants where you can spend a quiet evening. There are also plenty of day time activities and opportunities for you to explore the beautiful natural surroundings of this exclusive island.
Prices from 146,000 euros
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Disclaimer: Property details, prices and availability are supplied by the developer or the agent and are subject to change. findaplaceoverseas.com cannot be held responsible for any inaccuracies.
Contact Us now on +44 (0) 1638 564305 for a brochure and full details or click here
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