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.
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 favour of adjacent Villa). It has good title deed with clear marked borders. See land survey drawing – plots marked A and B. Common area title also to be held by owner of plots A and B.
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.
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.
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.
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 the 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.”
The waters in front of the villa are typically calm and sheltered from the Southwestern monsoon and as such, are a favoured 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.
The villa also affords very easy and quick access to the center of Phuket old town which has become a very vibrant and popular destination for tourists and locals alike.
“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