• Ownership Structure: Thai Freehold
  • Price $3,550,054
  • Property Type: Land
  • Location: Panwa, Phuket
  • Land size: 5284 Sqm

A unique and rare opportunity to acquire a large plot of waterfront land for development in a very sought-after area of Cape Panwa. This 5,284 sqm (3-1-21 Rai) land is located at the tip of an exclusive peninsula set between two super high-end multimillion-dollar villas and affords sweeping views over Phuket Bay and out over the Andaman Sea.

SURROUNDED BY NATURE

The land for sale comprises 2 plots (5,284 m2) as well as additionally the common area land (road, security house, and common gardens which have a right of servitude in favor of adjacent Villa). It has a good title deed with clear marked borders. See land survey drawing – plots marked A and B. Common area title also to be held by the owner of plots A and B.

ABSOLUTE WATERFRONT

The land is sloping and partially tiered down towards the ocean and could easily be developed to create 3 – 4 high-end villas if required.

PRIVATE ACCESS  

The land is triangular shaped with the longest side being along the sea giving maximum ocean frontage. Accessible by private road shared with adjacent villas and securely closed by an electronic security gate.

CAPE PANWA

This area is a hidden gem of Phuket’s southeast coast and has been gaining a lot of attention recently from more discerning investors. Cape Panwa boasts some of the most exclusive luxury residential developments along with some great restaurants and less well-known yet beautiful sandy beaches.

PROPOSED MARINA  

In the next bay (3 minutes by car) is a planned marina development by a Singapore group, One Degree 15, that we have been advised is due to start construction late in 2020 (prior to Coronavirus pandemic). “171-berth marina with adjoining 66-room hotel on 24 rai near the Phuket Deep Sea Port at Ao Makham, on Phuket’s southeast coast.”

BOATING

The waters in front of the villa are typically calm and sheltered from the Southwestern monsoon and as such, are a favored location for visiting yachts to moor. It would be possible to arrange a private mooring in front of the property should an owner wish to keep a boat. Further to this, direct stair access from the villa to the water’s edge could be developed which would enable smaller boats and/ or tenders to pull in alongside allowing direct private access from the villa to your boat.

PHUKET TOWN 

The villa also affords very easy and quick access to the center of Phuket’s old town which has become a very vibrant and popular destination for tourists and locals alike.

Please note: 
Asking price is 120 Mln THB equivalent to 3,550,426 USD.

*price may change due to fluctuation.

Daojai (Dao) Tanommuang
Luxury Property Specialist

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