This plot of 2 Rai & 50 Talang Wa (i.e. approx 3,400sqm) is situated on the east coast of Koh Chang and has the sea on two sides.  The land juts into the sea giving it great 180 degree panoramic views along the coastline of Koh Chang and towards the mainland.

Access is by a paved public road which was built by the local government to allow access to a small jetty adjacent to the land.  This jetty is used by a handful of local fishermen who have small boats in the water here and live nearby.  A channel has been dredged to allow access to the sea even at low tide and so the owners of this land could easily launch a speedboat into the water.

Although the land doesn’t have a great beach – it is a stony shoreline.  The views, easy access and location make it a great spot for a private house or small hideaway type of resort.  The land has a Chanote title.

Price: 12,000,000 Baht

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This 4 bedroom, 4 bathroom luxury beach villa is located on one of the most beautiful sites of Koh Chang (Chang Noi Beach).

All bedrooms have air conditioning LCD TV and DVD and sattelite. The luxury development on which it is located is still under construction but guests can enjoy the use of a swimming pool, on-site restaurant and will have over 1km of private beach to relax on.

The development is located 5 minutes drive from the ferry pier and under 5 minutes by scooter/car to Klong Son village, where you’ll find local shops, cheap restaurants and minimart. White Sand beach is approximately 10 minutes ride by scooter/car to the south.

The 130sqm beach villa is sold fully fitted and furnished and sits on 388sqm of beachfront land.  With small plots of prime beachfront land on Koh Chang being very rare this villa would make an excellent family holiday home for years to come.

Price: 17,650,000 Baht

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Sunrise and sunset views in this unique location.

Massage Room and Private Pier

The only small resort available with a 30 year registered lease

This secluded resort is often described by guests as a hidden gem, located in the SW corner of Koh Chang it is far away from modern development and noise, only 6 minutes walk to the fishing village of Bang Bao.

Set on 5 rai (8,000 sqm) of land, of which only 3 rai is currently being used. It has a large coastal frontage and a private cove listed as one of the best snorkel sites on the island.

All bungalows have a sea view, most set on the cliff tops with some on ground level close to the beach and with a view of Bang Bao. The resort faces south allowing the perfect setting for some of the most spectacular views of both sunrise and sunset.

It is a picturesque and idyllic location. No noise or sights other than that nature intended us to see.

Bang Bao village is the gateway to other islands, boat trips and diving or snorkeling trips.

The resort consists of 25 traditional style bungalows (official documentation allowing 15 further bungalows), a large restaurant / bar set in a private cove, large kitchen, 3 toilet & shower blocks, private 2 storey house for the owner, massage room and a private pier allowing boat trips and transfer to the village.

The current focus is on “just relax”  “no parties & no loud music” as the resort is secluded and surrounded only by nature. The current target group is backpackers and budget travelers, but the location would easily be suited as a higher priced resort. There is a large scope of opportunities and potential for a new owner including increased internet activity, targeting specific groups such as meditation, yoga or schools

This year has seen a 50% + increase in occupancy and turnover.

The business will continue to develop through increasing numbers of return customers, top rating on key websites and high customer satisfaction.

The running costs are low, current rent is 10,000 baht per month rising to 20,000 baht in November. The lease is officially registered and runs until October 31^st 2019.

However the landowner will offer the buyer a 30 year lease registered at the Land Office to make it legally binding.

The sale includes all buildings and features, kitchen & restaurant equipment, adsl connection, satellite (UBC) connection, own website and listing on key booking websites.

The resort is well maintained and will be fit for business immediately on takeover.

The owners can remain for a transition period after takeover.

Also the owner will offer their Thai Registered Company which is required for foreign owners. This is a great advantage to any 1^st time investors, saving considerable time and money.

Price: 8,000,000 baht

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This new 13 apartment development is situated on a private beach and is under construction now.  Hands on project management is provided by the German developer who has over 25 years  construction experience, ten of  those in Thailand.  This ensures buyers receive not only value for money but a guarantee of European build quality.

Developer finance also means that you can take possession of a one bedroom apartment for an initial payment of well under 1 million baht.

This is a small exclusive complex has three and a half floors and only 13 residential units.  It is being constructed just 35 meters away from a private beach on the peaceful east coast of Koh Chang, which is proving to be a popular location for buyers in search of a holiday home on the island.

The apartments are all sold fully fitted and finished and all feature large  terrace or balcony areas for outdoor living. They are built on three and a half floors, with the top floor reserved for two Penthouse Units. Apartments range in size from a 50sqm, one bedroom unit to a 345sqm three bedroom family unit.

On-site facilities will include landscaped gardens, parking, laundry area, storage facilities, a restaurant and communal swimming pool.

The selling price includes interior design with buyers having the freedom to customise their apartments to suit their specific tastes.  As there are only 13 units, the developer will work with buyers indidually tofit out their unit in the style and colours of their choosing.

Land, Floorplans & Site Photos:

Apartment Sizes & Prices:

Management Fees:

Monthly management fees covering Property Management of the public areas eg – Gardening, Maintenance, Communal Electricity, Garbage Collection are approximately 22 Baht/sqm/month for each apartment.

Financing:

This is the only development on Koh Chang with a variety of financing packages on offer for all apartments.  The developer realises that whilst many people still have the same jobs and earn the same salaries as they did prior to the economic crisis, banks are very reluctant to lend money  – especially on property purchases overseas. 

The developer provides financing for purchases through their own finance company at interest rates tied to those in Europe, currently approx 5.45%.

The developer is happy to discuss your individual requirements when it comes to financing a purchase.  But a couple of scenarios of how developer financing can work are shown below:

Purchase with Financing

You’d like to buy an apartment but can only raise 50% of the purchase price, and your bank wont loan you the remainder.

In this case you’d pay 50% of the purchase price initially with the remaining 50% financed by the developer and due for repayment in 10 years time.  During this intervening period you only pay interest on the loan from the developer.  (At current rates interest is just under 5.5%/year. )  At the end of 10 years you must pay the remaining 50% – or refinance the loan with the developer again, if your financial situation doesn’t allow for repayment of the loan.

E.g. You decide to buy Apartment 1, a 74sqm, 1 bedroom unit.  The selling price is 3,315,000 Baht.  This would mean an initial payment of 50% -  1,657,500 Baht -  and monthly ‘interest only’ payments of just under 7,500 Baht/month. You  then have a decade in which to raise the funds to repay the remaining 50% of the purchase price to the developer.  Or, as property prices rise, you could resell your apartment, repay the outstanding amount to the developer and keep the remainder as profit.

Lease with the Option to Buy

Again, using Apartment 1 as an example.  The ‘Lease with the Option to Buy’ plan allows buyers to pay 30% of the sales price plus a monthly leasing fee in order to lease the apartment for up to 90 years and at, any time, purchase it for the original price.

The monthly lease payments and the purchase price are fixed at the start of the contract.   The monthly payments comprise the Service Fee and a Purchase Price Guarantee fee.  At any time during the 90 year lease you can then buy the apartment by repaying the remaining 80% of the purchase price, less the total amount paid in Purchase Price Guarantee fees, to the developer.  This can be in 5 years, in 10 years, in 30 years etc  . . . it is up to you and when you pay depends entirely on your financial situation.

E.g. You decide to buy Apartment 1, a 74sm 1 bedroom unit with a slaes price of 3,315,000 Baht.  Your initial down payment is 30% -  994,500 Baht.  The monthly payments are the Service Fee of 5,801.25 Baht + the Purchase Price Guarantee of  2,320.50 Baht.  A total of 8,121.75 per month.

You use your apartment, maybe you even rent it out to earn income from it, and at some point, say 10 years in the future, in 2020,  the economic situation has improved and you are now in  a position to buy your beachfront apartment.

You would need to repay a total of 70% of the purchase price, i.e. 2,320,500 Baht.  However you have already paid 120 monthly payments of the Purchase Price Guarantee.  A total of 120 x 2,320.50 Baht = 278,460 Baht.

Therefore you repay the developer (2,320,500 – 278,460 Baht) = 2,042,040 Baht and the apartment is yours for the remainder of the 90 year lease period with no more monthly payments to make.

For more details including floor plans and financing for specific unit , please contact me

* Please note the correct price for this resort is listed here.  On other property sites the resort is listed at 40% higher asking price, this is incorrect according to the owners. *

It’s rare to see profitable, easily managed resorts for sale on Koh Chang. But if you are looking for a resort that affords you the opportunity to live on the island and enjoy a good return on your investment.

This family family run and family oriented resort is located by the sea on the west coast of Koh Chang. It comprises 28 rooms, swimming pool, restaurant and beach bar, all beautifully positioned in a garden setting with the sea and sunsets on the west side, and a backdrop of mountains to the east. Staff and separate owner accommodation are also on-site.

The bungalows are all airconditioned, tiled throughout, have their own western style bathroom and hot shower, fridge and cable TV, plus spacious balcony with table & chairs.

Guests are mainly European families and include many repeat visitors. The resort is currently run by the owner’s family and approx 9 staff are employed in high season.

Room rates are from 1,600 – 4,500 baht during the main tourist season of October – May and 900 – 1800 during the low season.

Price: 55,000,000 baht

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