21 Rai Development Sea view Land for sale Rawai Phuket
Selling Price: 13,900,000 THB per rai
21 RAI DEVELOPMENT SEA VIEW LAND FOR SALE RAWAI PHUKET
A prime 21 rai development site has become available for only 13.9 MB/rai (US$8.4m/290m baht) just 120m from Rawai beach. The site is shown on the attached plan and photos. The 21 Rai Development Sea view Land for sale Rawai Phuket includes 4 private pool villas, a large showroom and office, and all infrastructure including roads, electricity, drains and water supply. The 21 Rai Development Sea view Land for sale Rawai Phuket is owned in approximately 35 Chanote titles and is situated directly beside Rawai Palm Beach Resort and only 120m from Rawai beach and 200m from the hugely successful Title development with 300+ condos. The 21 Rai Development Sea view Land for sale Rawai Phuket has partial sea views and is priced about 30% below market value at only 13.9 MB/rai (including 4 villas, showroom, and infrastructure). The 21 Rai Development Sea view Land for sale Rawai Phuket is part of a larger 31+ rai site. Buyers have already been found to buy the remaining 10+ rai–these buyers will also buy out large privately owned villas in the middle of the 10+ rai site – and will pay about 28 MB/rai (290mb – including 3 villas), this is double the price per at which the 21 rai site is now offered. These 10+ rai buyers are the key to getting the existing environmental approval for the entire 31 rai site canceled, paving the way for new environmental approvals to build a mix of villas and condos – this will increase the value of the 21 Rai Sea view Development Land for sale Rawai Phuket by 50% or more offering substantial returns to the investor/developer.
- Land for sale: 13,900,000THB per rai
- Land total price: 291,900,000THB
- Land size: 21 rai (33,600 sqm)
- Chanote Title Deed