* This property is now SOLD *
This imposing three-story, two-wing property is of classical Thai design and has a built area of 492 sqm.
Features include open-plan living and dining, a steep pitch “temple roof”, seven verandas and balconies and a large teak sala nestled in the glorious grounds.
The very large, lush and lovingly tended gardens – almost 2 Rai – would normally accommodate three or more large houses, but here are for the sole enjoyment of the owners. Passion fruit, mangoes, kumquat, dragon fruit, longon, water melon and rambutan are just some of the tropical fruits and flowers that thrive in the grounds. Floors, facings and front and back veranda are of teak.
The property stands alone on its plot, not part of a resort. Its tall structure has commanding views and benefits from the sea breeze all year, and its stunning design and spectacular gardens combine to make it one of the most noted properties on Koh Mak.
The owner currently rents the house when he is not resident himself, through its own website and commercial sites like Airbnb and Trip Advisor etc. Assuming an occupancy rate of 66%, at current rates this yields a gross annual return of 7.75% on the sale price. The website, and other marketing materials, will be the property of the purchaser.
A swimming beach with sunset views is a 200m walk from the grounds, with one excellent restaurant at the end of the garden and other restaurants, shops and resorts close by.
The chanote title is freehold, though leasehold can also be arranged. The property is held in the name of a Thai company and this can be included in the sale.
Price: SOLD
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