Wok Tum - at a glance:
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Wok Tum Residence is the first professional, contemporary villa resort on the tropical retreat of Koh Phangan island (just 25mins by boat from Koh Samui, Thailand)
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Nestled in the foothills overlooking Hing Kong Bay, Wok Tum Residence is within easy reach of the many west coast white sandy beaches with the nearest being just 800 metres away. The development is a short 5 min drive to the charming harbour side village of Thong Sala, which is home to many bohemian and sophisticated cafes and restaurants
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Set in 2 wondrous acres, on a slopping hillside, these 7 secluded villas all enjoy unspoilt bay and mountain views and truly spectacular sunsets
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The developer, Ocean View Estates Company Ltd, in association with Moore Commercial are well renowned in Koh Samui as the leading property developer. Claire Brown Realty has a long history working with them on other developments (Bophut Residence, Cool Blue and soon to be released Himmapan) and have conducted thorough due diligence on all aspects of this latest project.
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Wok Tum is a very special investment opportunity open exclusively to Claire Brown Realty clients.
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Villas are 9.5m THB (circa $ 275k USD) – you cannot find similar villas for sale at these rates anywhere else in Samui, Krabi or Phuket. Koh Phangan’s time for investment is now. Uplift on these prices will be swift in the coming year(s)
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The villas come on plots of 670 m2 to 1019 m2 and comprise of:
145m2 of internal living area
75m2 of external living area -
The tenure of these villas is leasehold (90 years but renewable) but with an option to convert to freehold (leasehold purchase costs are considerably lower than freehold so as property traders we try to keep buying costs to a minimum)
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The rental income across all 9 units will be pooled and yields are expected to be in excess of 10% p.a. net of all charges and maintenance, in fact at 50% occupancy and a daily rate of 7,000 THB ($199.00 USD) the units will deliver an 11% rental yield – not bad!
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The development will enjoy its own real time on-line booking system and will
be marketed internationally alongside the developers other regional projects by
Samui Villas and Homes (www.samuivillasandhomes.com), as well as by the
largest local letting agent on the island Koh Phangan Holiday Homes
(www.kohphanganholidayhomes.com).
Koh Phangan right now presents a serious early bird investment opportunity with exceptionally strong growth opportunities.
Please call Claire (+44 7967 258121) to talk through this investment scenario. We don't expect these lovely properties to be around for long.
Best wishes and happy hunting,
Claire Bx
To ask questions or request a reservation form, please click here
or call +44 (0)7967 258 121
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