Condos for sale in Koh Pha Ngan

Condos for sale in Koh Phangan

Koh Phangan, often referred to as Ko Pha-ngan in the local dialect, is known for its picturesque nature and vibrant cultural events. It is in demand among European tourists and a popular holiday destination. The island is located in the eastern part of the Gulf of Thailand and offers a great range of properties for sale for foreigners. The most popular options are apartments in new projects in Thailand. Condominiums in Koh Phangan comply with all modern concepts of comfort. In a residential complex, you can buy a spacious apartment with a top-quality interior design and amenities.

Condos prices in Koh Phangan, Thailand

Buying a condo apartment in Koh Phangan, Thailand is a great investment solution with amazing resorts and endless beaches and affordable prices. The cost of an apartment in a condo in Koh Phangan depends on several factors:

• year of commissioning of the residential complex;
• distance to the seaside;
• the area of ​​the property and the number of bedrooms;
• additional amenities available in the residential complex.

Condominium apartments with a pool, have a higher price. Also, the cost of housing depends on the availability of parking spaces, recreation areas, landscaped areas and children's playgrounds.

Condos for investment in Phangan for foreigners

By law, foreigners have the right to own an apartment of any size throughout Thailand. However, there is a restriction for foreigners: within one residential complex no more than 49% of the area can be owned by non-residents. Therefore, it is more profitable to plan the purchase of an apartment in a condominium in Koh Phangan, Thailand at the start of sales. The more offers, the wider the choice of area and layout. In addition, at the initial stage of construction, you can invest in housing stock and receive about 20-30% of the profit by the time the property is commissioned. This is a standard practice for the country as it is beneficial for developers to raise more funds, so apartments at the first stage are much cheaper than finished ones. As for the rest, foreigners can buy real estate in the same way as Thai residents. All rights are set at the legislative level. To complete the transaction, you do not need a residence permit nor citizenship.

Buy a condo in Koh Phangan at Thailand-Real.Estate

The largest aggregator Thailand-Real.Estate offers real estate in Thailand. On our website, you can find an apartment in a condo in Koh Phangan or other resort areas. We collect the best property deals from developers and local real estate agencies. Property listings include real-time prices, detailed descriptions with photos.