Owning your own tropical island for your private resort or villa may seem an impossible dream.
However, in Thailand, there are opportunities, albeit limited, to acquire entire islands or substantial secluded island land plots to build your dream home.
CB Richard Ellis has island property off the coast of Phuket, Krabi, Koh Samui and in the gulf of Thailand for sale.
Opportunities also exist to acquire stunning islands and island villas in neighbouring countries.
With the growth in marinas in Thailand and the emergence of resorts and private island developments in Vietnam, Cambodia and Malaysia, the southern coastal waters of South-East Asia are set to become an “Asian Riviera” of beautiful homes, resorts and marinas.
1. Land Price
Land prices vary with location, size and accessibility. Prices are most expensive in areas close to Phuket but can range from several hundred dollars a square metre to less than USD 10 a square metre for emerging locations.
2. Property Ownership
Land ownership rules vary from country to country; for example, on leasehold title, Cambodia and Malaysia allow 99-year terms whilst lease terms in Vietnam are 70 years. Thailand permits leases of 30 years, which can be structured for multiple terms. The purchase of an island is not an everyday affair and availability is not advertised widely and, in some instances, is not advertised at all.
If you wish CB Richard Ellis to pursue a property for you, please contact us.
For information or any advice, please contact
Khanitha Jarukirati, Associate Director
