City and Sea View Plot for Sale in Patong Hillside

Unit ID: U1176062
Patong, Kathu,Phuket
฿75,000,000
3,460 SqM
Plot Size
Chanote
Land Title Deed
Nov 28, 2022
Date Listed

About This Land

This property is a 3,460 SqM land plot that is available for sale. It is located in Patong, Phuket. You can buy this land for a base price of ฿75,000,000 (฿21,676/SqM).

Unique Hillside Property, overlooking Patong City and the Bay, facing and sloping to the West. Patong, probably Thailand's most popular beach and party town. Situated on the very south side of the beach straight up on the hillside, we have this property up for sale. A short, 10 min walk to the beach and nightlife, shopping etc. Less than 1 hour drive to the Phuket International Airport. Perfect estate to build a brand new modern Hotel, Condominium or a couple of luxury Pool-Villas. On the plot there are four existing, older buildings. Going in on the small private road, after the empty land plot there is a villa. Next building is a very nice three story pool villa, with a rooftop bedroom and balcony overlooking Patong bay and skyline. The two last houses on the right side, are built for rental use and comprise many rental apartments. All buildings can be used for living, no guarantees are given on the buildings due to age. The big tree on the Photo belongs to the property and need to be pruned to get an even better view. The roads going up the hill are in good condition, making life easier for a big building project and its transports. The buyer is responsible to get a due diligence done at their own cost. To check the servitude on the private road, companies, water and electricity etc. According to the owner, it is possible to build a five story tall building, again it’s the buyer's responsibility to check rules and regulations as things change.. There is City water, electricity and also a private water well. The property is owned by 3 Thai Company LTD with the same director, the companies can be taken over with the new buyer. The Estate is sold Debt free in viewing condition only. If you are interested in purchasing this estate, you need to be prepared to give information about how you can complete the purchase. 

Basic Information

Date Listed Nov 28, 2022
Updated 1 year ago
Property Type Land
Location Patong, Phuket
Nearest Landmark Patong Beach
Plot Size 3,460 SqM
Land Ownership

Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.

Company
Land Title Deed Chanote
View(s) Sea View, Mountain View, City View, Unblocked Open View
Water Price Government Rate
Electricity Price Government Rate
Listed By
Broker Network
Unit ID U1176062

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