 Koh Samui Commercial Property Page 1
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Unfinished Villa Development - Great Potential for Profit
46.5 Rai of Prime Sunset Sea View Land - 3 Completed Villas
Price: 146 Million THB
Three brand new villas have been built and there are plans to build a further 70 more units as well as a clubhouse area. All plans in place with electronic gates to project, and full infrastructure, a feasibility study has been done by an independent valuation company from Bangkok giving the property a current value of 275 million THB.
The owner wishes to sell for 146 million THB as he no longer has the funds to continue the project.
Looking for the right investor who wants to land bank making 100% profit over 3-5 years or to develop the 70 units planned .
The land is in a yellow zone which allows developers to build condominiums as well as villas.
- Entire infrastructure is in place
- Two water tanks have been installed; three artisan wells have been bored
- Six meter-wide concrete roads and gullies completed
- Underground electric -- three phase electric with transformer
- All sewage is in place with pipes, as well as external & internal
- Brick-walls & electronic barrier card system for security
Click on photos below to enlarge:
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