Investment Opportunity - Private Estate with 5 Villas for Sale
Asking Price: 29,000,000 Baht
Listing Id #562
Listed by: Carl Dufvenmark
: This is an excellent business opportunity for anyone looking to semi-retire to Thailand.
This intimate five villa resort is located in the beach resort of Kamala, on Phuket's ever-popularwest coast. Set towards the back of the village, it is a 5-minute drive to the beach or less than that to the local village offering a wealth of amenities all-year-round.
The resort currently rents out the villas on a long-term basis as opposed to short-term holiday rentals basis as the current owner prefers longer-term tenants which creates a consistent rental return.
The development has a central communal pool and deck area and are surrounded by a high wall ensuring privacy and security. In addition there is an electric gate system and an on-site security man.
The grounds between the villas are not separated by fencing which provides for a feeling of open space.
Each of the villas is in a good condition and offers well-sized accommodation ranging from 2 - 4 bedrooms.
Gardens surrounding each villa varies in size and each villa has parking.
Fitted with good-quality equipment and fully furnished, this is an ideal opportunity to take over multiple villas as part of a fully functioning business in a popular resort destination.
The sale is via a Thai Company which owns all of the land titles. Each villa has a separate land title as well as a share in the common area such as right of access and the swimming pool in addition to the small house occupied by the on-site handyman/security guard etc.
: The development enjoys a quiet location in the hills at the back of Kamala. This is a popular area for ex-pats and long-term foreigners and there are insufficient developments such as this to meet the demand.
The village of Kamala is operational all year round and offers restaurants, bars, banks, cafes and a chain supermarket.
Patong and Surin can each be reached within a 10 minute drive, whilst the airport is around a 40 minute drive away.