780
rai of land for sale (1
rai = 1,600 square
metres) at 3 million baht per
rai with over 1,000
metres of beachfront land.
BUSINESS
PLAN.
OPTION A.
With 1,060
metres of beachfront land and a
total area of 1,248,000 sq.metres, a
substantial hotel of 6-10+ storeys
could be built 50 metres back from
the beach (regulations), thus allowing beachfront restaurant(s)
and swimming pool(s), jacuzzis,
tennis courts, etc., to be constructed in front.
Le
Meridien have
already built a large hotel in this area and
Novotel have purchased land and will
commence construction of a beachfront hotel soon.
OPTION B.
This needs a
little more detail than Option A!
With 1,060
metres of beachfront land, it would
be possible to build 25 beachfront
villas,with 40 metres
beachfront each and 40 metres in
depth, thus 1 rai (1,600 sq.
metres), and leave 60
metres beachfront for a restaurant
and access to the beach for the condos and villas at the rear.
Villas in
this area (near the beach, not beachfront and only 800
sq.metre plots and 300 sq.
metre internal) are being marketed
for 32-33 million baht, so beachfront villas (with 1,600
sq.metre plots and say 6-800
sq.metre internal) should attract at
least 60-70 million baht, probably more.
Having used
only 26.5 rai for the above and
recouped 1,500 million baht (25 x 60 million baht) in sales, of
the 2,000 million baht outlay, you have 753.5
rai left to construct condos and
some non beachfront villas, by the 4 lakes around the rear land
area.
Even a low
density development of 200 non beachfront villas at 1
rai each, leaves 553.5
rai to build say 40 condominium
blocks (on 10 rai each to allow for
car parking and swimming pool) of 10 condos (2 duplex penthouses
and 8 condos), leaving 153.5 rai for
a reception, substantial open communal area, and tennis courts,
jogging track/bike riding, roads, etc.
If the non
beachfront villas attract a third of the beachfront villas, say
20 million baht per sale, this returns a further 4,000 million
baht.
If the duplex
penthouses (240 sq. metres) attract
12 million baht per sale (4th and 5th
floor) and the condos (120 sq. metres),
an average 7.5 million baht,(6,7,8,9
each floor from ground to 3rd) each block returns
sales of 84 million baht, a further 3,360 million baht.
Thus, the
grand total of sales would be 8,860 million baht, which after
the land cost of say, 2,000 million baht, leaves 6,860 million
baht for construction, advertising, commission and
yes
HUGE PROFITS!!
For
latest exchange rates please check
http://www.scb.co.th/scb_api/index.jsp
GENERAL BACKGROUND.
This is an up
and coming area and prices will soon accelerate. The more
touristy area of Khao
Lak is about 15 minutes away.
Tablamu
golf course is about 20 minutes away and Thai
Muang golf course (35 minutes away)
has recently been purchased for US$ 58 Million and will soon
re-open (2010) as a golf and country club, with golf side villas
and condos and a Marina.
The
Similan
Islands are a group of nine remote islands located one and half
hours by speedboat from Tab Lamu
pier and were designated as a national park in 1982. The
Similan
Islands are home to many different species of marine life. With
their stunning coral reefs and unspoiled lands, the islands
offer a world-class underwater experience for scuba divers. They
are consistently ranked as one of the top ten dive sites in the
world.
Surin
Islands National Park is made up of five islands and was awarded
national park status in 1981. Like the
Similan
Islands, this is another world famous site for snorkeling and
scuba diving. It is one and a half hour by boat from
Khuraburi. Once there, you will be
able to enjoy another range of beautiful coral reefs in this
part of the country. A fantastic undersea world including a
variety of multi-coloured fishes and
other sea animals will create a lasting impression on you.
The
Khao Sak
national park is abundant with wild life and flora and provides
exciting day trips such as white water rafting, bamboo rafting,
canoeing and elephant trekking.
This is all
within easy reach and bearing in mind
Phuket
International Airport is only an hour away, a perfect location
for a Hotel or Development.
