Update on Property Taxes
There has been a realisation that the property sector has to be stimulated and this has created an opportunity for the moment - taxes on property and land sales have been reduced. Specific business tax and government registration fees on property, land sales and mortgages have been reduced for a period of one year, commencing March 29, 2009 and ending on March 28, 2010. Update: This tax break has just been extended for a further 2 months.

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Bank rates source: Exchange Rates  


SAGE Land and House is Koh Phangan’s real estate agency. With a vast amount of land on our books in Koh Phangan and a reputation as a trusted team we are here to serve you. SAGE offers a range of services that will make your investment in Koh Phangan a pleasant experience. Use our website to keep you current with opportunities available in Koh Phangan. Our database is updated frequently for you to view the newly added properties. If you are interested in personal service we can be contacted via email and/or telephone for an appointment. Good luck!

 

Commercial business
South coast

Sea view land for sale
West coast
1.8 million THB

Luxury house for sale
West coast
19 million THB

Coconut tree land
West coast
1.5 million THB per Rai

Luxury sea view villas
East coast
16 million THB

Commercial location
South coast
1.5 million THB

Beach front resort
West coast
1 million THB per year

Beach front land
South coast
4 million THB per Rai

Sea view wellness centre
North west coast
875,000 USD

Resilient Thailand

With all of the noise on the world's current state of affairs it is hard to say how the financial crisis will affect Thailand. This coupled with the political situation of Thailand has the market stuttering at the moment and prices falling, transforming the red hot property market in southern Thailand into a buyers market. And with more and more savvy investors and retirees wanting to secure their spot in paradise, it is only a matter of time until their full confidence returns. Don't think it will return quickly? Consider....

In the past we’ve had a Tsunami, bird Flu, SARS, a Military coup, Visa Regulations, Property Law changes and much more.  And the question begs - Why does the market in Thailand continue to thrive?

The answer:

Thailand has so much to offer!  Be it Italian cuisine, German bread, cheap beer, chic and hip places to party, pristine nature or outdoor activities, and tropical warm weather - Thailand has it all.  For those of you looking to get back to nature, there are islands with nature still intact; with awe inspiring sunsets where the sky fills with color; with swaying breezes that will lull any person laying in a hammock into deep dreamful sleep.  Thailand has up-to-date infrastructure, be it advanced technological developments such as broadband Internet or well-maintained streets and highways and has a multi-cultural environment where English is well understood.

But there is also another reason why people typically move to Thailand – because it's a dream world – a place where "normal rules" as we know them from the West don't apply.  Where sometimes men look like women and everyone seems fine with that because tolerance is not just an empty word.  Where we have an abundance of sunshine and where the rainy season is less wet than the average summer in the Netherlands or the U.K. 

Essentially, people come here to Thailand to get away from the restricting serious matters and to enjoy what's important to them in their life.  And if there are enough people who want to escape to their newfound 'paradise', it's certainly enough to drive a property market!

And now in Thailand's crown jewel - Koh Phangan - the Kingdom's fourth largest island, paradise is being offered at lower prices than just about any other island in Thailand. Where you can still find a Rai (half an acre) of land for less than 2 million THB (approx. US$60,000) with road, electricity and water or find a villa for less than 6 million THB (US$180,000). When you come and visit this island, you know you are somewhere special, some paradise lost that cannot be found in the West any longer. Koh Phangan has a true multicultural mixture and a mesh between living with nature and still having the luxuries of the West. Check out some of the great offers available here on Koh Phangan, as Hugh Maller said, “God ain’t making no more land”, not the most eloquent way of putting it, but it sure hits home with the finite amount of space left on the planet and on these great islands here in Thailand.

 

PROPERTY OF THE MONTH

Beautiful chic beach front bar and restaurant on the north coast of the island
10 million THB

 

GREAT DEALS

Boutique beach front hotel on the north coast of the island, a turnkey business
40 million THB

 

Beautiful beach front resort on the south coast of the island just outside Haad Rin.
2 million THB per year

 

BUSINESS OF THE MONTH

Sea view yoga retreat and wellness centre on the north west coast, a turnkey business
875,000 USD

 

For more information on these great opportunities contact us at contact@sagelandandhouse.com or call us on 089 0169 750.

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