Island Beach Resort for Sale in Koh Phra Thong, Phang Nga, Thailand

Thai Island Resort 1.25 Km Beachfront 32 Acres $3.9 Million

Over 1,250 metres of beachfront and 32 acres of land on a beautiful island north of Phuket, plus a well established and profitable Resort business, all for the price of a luxury villa!

Described as the most stunning privately owned beachfront land anywhere north of Phuket, the property is on a peninsula of unsurpassed beauty on the ecological paradise island of Koh Phra Thong. The land value has risen 500% in the past seven years and is set to escalate well beyond this rate in the coming years.

Established in 1990, Golden Buddha Beach Resort (GBBR) is growing steadily and is consistently profitable. Half of the land is divided into plots that are leased to individual Members and GBBR operates as a property management business, providing maintenance and services to Member villas and catering for Members’ needs when they occupy their properties. This is the foundation of the business providing consistent and sizeable revenue.

GBBR is also a successful resort hotel, selling rooms within Member villas to outside guests and providing a full range of resort facilities and activities. The resort gets the highest rankings from Trip Advisor and the hip travel site i-escape.

Guest accommodation is provided in 25 unique and individually designed villas, each one set in its own 1,600 sq.m of garden. Villas vary from simple one-bedroom beachfront houses to luxury forest canopied lodges with beautiful views of the Andaman Sea. Villas are rented to guests in six categories from $129 to $460 a night.

Koh Phra Thong (Golden Buddha Island) lies just off the mainland between the world famous holiday destinations of Phuket (60 miles south) and Koh Chang (50 miles north). It is one of the last natural, unspoiled paradises on the Andaman. Rich in fauna and flora it is an ecological paradise, home to deer, monkeys, pangolins and otters.

At least 137 species of exotic birds nest on the Island, making it one of the best bird-watching locations in Thailand. Four species of sea turtles nest on the beaches. The Resort is the closest landmass to Richelieu Rock, the most spectacular scuba diving location in Thailand and a world top ten diving site. Friendly whales, dolphins, the very rare dudong (sea cows) and an abundance of other marine life swim offshore.

An excellent road (the Phuket–Ranong highway) runs from Phuket International Airport to Kuraburi in a little over two hours, or from Ranong airport in one hour. A long-tailed boat ferries guests from the mainland Kuraburi pier to the Resort in an hour and a half.

The offer price of 124 million baht (approximately US$3.9 million) is for a Thai Limited Company, an established and successful Resort Business and all assets including the 32 acres of land (half leased out, half available for further expansion), a two storey Clubhouse with restaurant, bar, shop and library, separate kitchen buildings, a four bedroom managers’ house, a house for 27 staff, a pagoda, yoga sala and more.

The price has been set LOW to attract investors for a quick sale.

Further undeveloped freehold beachfront land adjacent to the Resort is available to investors looking to develop even larger projects.