32,500 Sqm. Land listed for ฿ 290,000,000.
Investment Opportunity in Prime Phuket Location
Price: 290,000,000 THB (Approx. 8.8 Million USD)
Property Overview
This ultra-luxury land spans 32,500 sqm in Rawai, South Phuket, just 100 meters from Rawai Beach. The property includes 35 chanote titles and permits for villas, condominiums, and hotels up to 16 meters high.
Strategic Location
Adjacent to Rawai Palm Beach Resort and 200 meters from the successful Title project with over 300 condominiums, this area is rapidly developing. The plot also comes equipped with existing infrastructure, including four large villas, a sales office, pathways, and utilities worth approximately 70 million baht (included in the sale price).
Development Potential
Ideal for a 4-year development program blending 5-level condominiums and 1-3 level villas. Relatively flat terrain offers easy building opportunities.
Financial Metrics
Estimated post-development value is 50 million baht/rai, leading to potential profits of 725 million baht (approx. 22 million USD) over four years.
Additional Information
The 32,500 sqm plot is part of a larger 50,000 sqm area with existing EIA approval. Buyers can verify and apply for new EIA permits before purchase.
Property Detail
- Sale Price
- 290,000,000
- Type
- Land
- Land size
- 32,500 Sqm.
- Reference
- D116
Features
Amenities
Views and Direction
Location
I have been living in Phuket since 2012 and working in real estate since 2013. I opened 50 Lemons in 2015. We live in a house with my mother, daughter and wife. In addition to work, I enjoy Thai boxing, surfing, golf, playing the guitar and piano. Therefore, I can be not only your agent but also your personal guide in everyday life in Phuket.
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