People from all over the world are buying properties in Koh Phangan, Thailand for personal use or business purposes. There are a number of good reasons why properties in Thailand’s fifth largest island (which is sometimes spelled as Koh Pha-ngan) are currently selling like hotcakes.
While the island is arguably most popular for its monthly Full Moon Party, which is held at Haad Rin Beach and welcomes about 30,000 attendees (majority are tourists), thousands of people regularly visit it to enjoy its white-sand beaches. In addition, it also has many fun attractions such as diving (you can choose from more than 20 sites), kayaking, snorkeling, and more.
Koh Phangan has a perimeter of only roughly 40 kilometers, which means you can walk around the entire island in just 10 hours. More than half of it are national parks, and there are more than 80 square kilometers of rainforest in the island as well.
However, many people from all parts of the globe choose not just to visit Koh Phangan for the beaches, parks, and parties. Many of them decide to buy a property in Koh Phangan because of the island’s relaxing ambiance and the high rental return percentages on property investments.
In addition, the cost of living in this island (and throughout the rest of Thailand) is far lower compared to most other places in the world. Because of these, Koh Phangan has become one of the most preferred tropical island destinations of mid- and upper-market holiday tourists, as well as an increasing number of permanent residents from various countries.
Thai property law is often confusing for foreign nationals, and is quite unregulated. If you decide to buy a house in Thailand, you need to work with a property lawyer who can guide you through the entire legal process.
Based on the Land Code of Thailand, foreign ownership and improvement of land is not allowed. However, there are exceptions to this law. As a foreign national, you can purchase a house or villa in Koh Phangan in two ways:
The more common way for foreign nationals to buy properties in Koh Phangan is through leasehold. They use lease contract deals over a period of 30 years. At that time, they are equally covered as owners of the freehold. This contract may be renewed or extended up to two times. The land may be possessed by the foreign national for up to 90 years.
In spite of this, however, the foreigner cannot assume ownership of the property once the contract period ends since the material asset will be taken out from the estate.
An alternative means for a foreign national to buy a property in Koh Phangan, Thailand, is by forming a limited liability company in Thailand.
This method — which is also referred to as a freehold — is more suitable for people with greater financial capabilities. In this strategy, the foreign national’s company will have the freehold land registered under the company name. With one of the company investors/owners eligible for up to 49 percent, two or more foreign national shareholders are allowed. The company’s managing director (i.e., the foreign national) will have power over voting and other shares, as well as full control of the property.
Have you decided on which method to use to buy your property in Koh Phangan? If you’d like to start shopping for your retirement home, vacation villa, or land investment, here are some of the best Koh Phangan properties that are currently on sale:
This gorgeous land for sale in Koh Phangan is located on the island’s southwest part. Located on Thongsala Bay, this beachfront property features a majestic sunset panorama of the sea and a beautiful bungalow resort, which is open for either expansion or demolition to give way to villa construction.
The boutique resort has 14 bungalows made of concrete and wood, and over 100 meters of prime beach frontage.
The land size is 3,600 sqm of Chanote title freehold Koh Phangan land, and fairly priced for its location and size. It is located only 3 minutes away by car to the Thongsala ferry pier, which is connected to the mainland or the bigger Koh Samui island (which has an international airport) and Koh Tao (a popular site for divers). It is within walking distance to several restaurants and other amenities, and 5 minutes away by car from supermarkets and night markets.
If you’d rather buy a property that’s ready to live in, this newly-completed villa in Koh Phangan is on the market.
Located in the island’s southwest part, this 2-bedroom, 3-bathroom property is fully furnished and decorated. The turnkey villa covers a completely walled 932 square meters of Chanote title land.
One level houses 150 square meters of villa, and there’s space to add up to 2 more bedrooms. It features an 8-meter sea-view infinity-edge swimming pool, large sun-terrace, sun-loungers, rattan sofa seating area, fully fitted kitchen, air-conditioning units, ceiling fans, private parking area, and more.
The property is just 2 minutes away by car from Thongsala bay, and 5 minutes away from schools, supermarkets, night-markets, and ferry piers that are connected to the mainland and Koh Samui.
Airy and homey, this Koh Phangan villa with genuine Thai design beckons to anyone seeking a tranquil residence or vacation home.
Resting on a hill on the West coast of Koh Phangan, it has spectacular views of the ocean at sunset. It’s only a few minutes away by foot from the pristine waters of Haad Salad Bay.
The property has 4 bedrooms with en-suite bathrooms, an open-plan living area, wide and fully-equipped kitchen, dining area with high ceilings and superior mood lights, comfortable sofas, Sonos Sound system with surround sound speakers, a gorgeous private infinity pool with sun-loungers, outdoor corner sofa, and family sized hammock, and more.
The property is fully air conditioned, and there’s a parking area and private entrance as well.
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Located in Haad Thong Lang — an exclusive and upscale neighborhood in Koh Phangan — and just a short walk from the beach is this contemporary 2-bedroom villa.
It has two floors; wide interiors; a sloping roof; an open-plan living area that has a kitchen, lounge, and diner; high ceilings; oversized windows; a terrace at the upper floor; private infinity pool with tropical landscaping on both sides; and amazing views of the sea.
The property also has a parking space, its own supply of deep well water, step-down electricity transformer, and a link to an access road.
Situated in the northern part of Koh Phangan along the pure Chaloklum bay is 14,124 square meters of first-rate beachfront land. This one-of-a-kind Koh Phangan beachfront land for sale is fantastic for investment, particularly for constructing a hotel or beachfront villas.
Divided into multiple land plots (such as seaview plots at the back part), this property is on sale for a total of 80 million Thai Baht. It offers jaw-dropping sunset views and comes with Chanote land title deed and freehold ownership.
It also has an easy access road to land. It’s located only 5 minutes away by car from Haad Salad beach, 10 minutes away from Hin Kong beach, and 20 minutes away from Thong Sala town, which has ferry piers that connect to the mainland and Koh Samui. Restaurants and other amenities are also available just within walking distance.
With 2 beautiful beaches nearby (Thong Nai Pan Yai and Noi) and a mere 20 minutes away by car from the Thong Sala ferry piers that connect to the mainland and Koh Samui, this lovely Koh Phangan villa is at an ideal location.
Found at the northeast part of Koh Phangan, this property has two floors, 4 bedrooms, and 4 bathrooms. It occupies 6,400 square meters amidst lush coconut groves on an exclusive hillside community at the edge of a tropical forest.
It has a modern tropical design, interconnected pavilions, cozy dining area, breathtaking views of the ocean and mountain, and a wide private roof terrace for a private view of the twin bays of Thong Nai Pan. It also has a big infinity-edge swimming pool, natural tropical gardens, complete and premium furnishings, air-conditioning units, ceiling fans, private parking space, and more.
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With its Moroccan design, jaw-dropping sunset views of the sea, and four beautiful bedrooms spread out in 3 floors, this villa on Koh Phangan’s west coast is truly a unique property.
The bedrooms have en-suite bathrooms, and two of them also have deep-soak bathtubs. There’s a wide rooftop sun terrace, BBQ area, and outdoor seating area at the top floor. The main terrace has a large infinity-edge swimming pool, sun loungers, parasols, and an outdoor seating area with gorgeous views of Haad Salad bay.
It also features an open-plan internal living area with sofas, smart TV, and a Sonos surround sound system; a fully equipped kitchen; dining area with a chic Moroccan 8-seater dining table; air-conditioning units, ceiling fans, landscaped garden, a private parking space, and more.
This property can serve either as a comfortable permanent residence or turn-key holiday rental investment. It’s located within an exclusive gated community that’s merely 20 minutes away by car from Thong Sala piers, which are connected to the mainland and Koh Samui.
If you’re looking for a tropical villa with amazing sea and sunset views, this 3-bedroom villa is that and more.
This Koh Phangan villa features contemporary open plan living and dining areas, wide terrace with swimming pool, modern and fully equipped kitchen, and private parking space. All bedrooms have air-conditioning, en-suite bathrooms, and a private terrace with spectacular views of the sea.
With a built size of 357 square meters and total land size of 1,076 square meters, it’s located at the southern part of the island, in Chalok Ban Kao, and surrounded by a lush jungle. It’s also just a few minutes away from the popular Ang Thong National Marine Park.
This property already has all important facilities, including electricity and water. Moreover, it has a great rental history and is ready for use.
Situated in a private area (in Chaloklum) in the northern part of Koh Phangan is a special beachfront land for sale.
Adjacent to the pristine Chaloklum beach, this land offers glorious sunset views of the sea. It is merely 5 minutes away by car from Haad Salad bay, and 20 minutes away from Thong Sala town, which has a ferry pier that connects to the mainland as well as Koh Samui.
It covers 1,180 square meters and is a great investment that can be turned into a huge luxury villa or multiple, smaller properties. Various amenities are available nearby, and there’s also access to government electricity.
Available under freehold ownership and with Nor Sor 3 Gor land title (which may be conveniently upgraded to Chanote if desired, purchase of this land will give the buyer the same residential building rights.
Situated in the tranquil Haad Thong Lang area, this cozy and modern 3-bedroom turnkey villa is also for sale. This two-floor property is already fully furnished and decorated with modern accessories, appliances, tableware, textiles, cable television, wi-fi, and more.
Featuring a sloping roof and wide interiors, the villa has 2 bedrooms, 2 bathrooms, and a stunning panoramic view of the sea. The master bedroom features an en suite bathroom and walk-in wardrobe, and there’s a second bedroom and second bathroom. All bedrooms have air-conditioning, and there’s parking space for 2 cars and motorbikes. The villa also has a guest suite.
People are greeted by a grand entrance or porch which leads to an open plan living room and kitchen (which has a breakfast bar). There’s a sea view terrace that has an integrated seating and dining area under sala. It also has a 4 x 3 x 1.70 meters plunge pool with an integrated bench seat. CCTV is likewise available in the property.
This villa is surrounded by lush greens and shared landscaped gardens. It’s also just a few blocks away by foot from a secluded beach.
Last but not the least in our list of some of the best Koh Phangan properties for sale is this 3-bedroom, 3-bathroom luxury pool villa.
Situated in the private Haad Yao area, this two-floor villa is built on top of 784 square meters of freehold Chanote land. It features a modern design, 3 large bedrooms with en-suite bathrooms, and amazing views of the sea. It also has a 1-bedroom self-contained apartment with a bathroom.
The villa likewise has a fully-equipped contemporary kitchen, an expansive open-plan living area with a comfortable sofa and acacia dining table, a private infinity swimming pool, covered outdoor sala seating, and a terrace adjacent to the master bedroom. There is also a covered parking area, a landscaped garden, and both air-conditioning and ceiling fans installed throughout the property.
The villa offers breathtaking sunset views of the sea, as well as the captivating Ang Thong Marine Park and Koh Tao islands. It is within walking distance to secluded white sand beaches: the Haad Salad and Haad Yao beaches are each merely 2 minutes away by car in separate directions. Meanwhile, Thongsala town— which has ferry pier connections to Koh Samui and the mainland— are just 15 minutes away.
Koh Phangan is home to only about 10,000 people, but it constantly attracts thousands of travelers from different countries due to its diverse attractions. When placed side by side with the more known Koh Samui island, Koh Phangan is admittedly less developed (beware of bumpy roads here). It maintained many of its natural beauty, thus making it a wonderful site for vacations or permanent residence.
Even though this island is known for organizing one of the most well-known beach parties in the globe, the island has a cool and calm vibe. This atmosphere draws many people who prefer to be in a serene location for their retirement or even just the holidays.
Due to the ripple effects of this COVID-19 pandemic, prices of properties in Koh Phangan have become extremely attractive. Therefore, now is actually one of the best times in the past decade for investors to think about buying a property — whether a piece of land or a turnkey villa — in the beautiful island of Koh Phangan, Thailand.
Visit Conrad Properties to Find the Best Properties for Sale in Koh Phangan
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