“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full and managed with reasonable care, it is about the safest investment in the world.”
- Franklin D Roosevelt
Koh Maphrao, also known as Coconut Island, is a small isle located 500m off Phuket’s east coast just outside of Phuket Town. It takes only five minutes by long-tail boat to reach Coconut Island’s main pier, situated on the northern part of its west coast, facing Phuket.
We have eight private pool villas for sale from the same estate. Some of the villas are absolute beachfront, some of them on the road behind. All very similar layout and pricing.
Asking price: US$480,000
There is an automatic renewal on the lease for two periods after the first 30-years expire for all of the villa land leases. The extension is written into each lease contract with the landowner so can show it. Villa owners also participate in the shared ownership of the landowner, along with the resort operations. Buy now and get the balance of the first 30 years, and look forward to two more renewals. You can find out more about Leasehold ownership from here.
Great Lifestyle, Great Value!
“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full and managed with reasonable care, it is about the safest investment in the world.”
- Franklin D Roosevelt