I don’t usually list Por Bor Tor 5 titled land as it has to be held in a Thai name and often the asking prices are pretty crazy. But this 562sqm plot, located in Kai Bae valley is in a nice location with several neighbours in the vicinity and is only 5 minutes walk to the main road.
The land is 20 metres wide with one side 25m deep and the other 20m deep. Access is via a track leading past other homes from the paved valley road. Electricity is easy to get connected, water comes from a private supply to the homes in the area. The cost is currently 500 Baht per month. Cable TV can also be hooked up relatively easily.
This land would be idea for a family home for anyone working on the island or for a couple of longstay rental houses – for which there is a growing demand. Owners of two homes nearby find it relatively easy to rent their homes out on a longterm basis.
Note that this land doesn’t have a title deed issued by the Land Office. It is farmland and as such cannot be held in Thai company name or legally leased longterm by a foreigner. It needs to be held in a Thai name.
Price: 600,000 Baht