Property in Thong Nai Pan

Since 2004, when the land market opened to non-Thai nationals, land values in the Thong Nai Pan area have increased 800%. While land in Koh Phangan has also risen in price, no where else on the island can boast such dramtic increases in land value.

The Thong Nai Pan area continues to move away from its previous image as a backpacker destination. There are now three luxury hotels and several mid-range accommodation options available in Thong Nai Pan. Facilities and amenities improve every year. The beaches are attracting high end tourism. The key to this success is not only the unspolied beauty of the beach but also the fact that the area has escaped the over-development and consequent environmental degradation that has befallen Koh Samui

With a growing shortage of land available the market in Thong Nai Pan has naturally moved towards smaller property developments. The real estate industry in Koh Phangan has not reached overload where supply outstrips demand, as is increasingly the case in Koh Samui and Phuket. Koh Phangan has officially been designated as a zone for eco-tourism and as a consequence of this property development on the island remains low density. This is especially true of the Thong Nai Pan area.

At present there are a few building projects under way in the hills around Thong Nai Pan bay. There are also a few ambitious off-plan projects on the market. Now buyers can view finished or nearly finished luxury villas. The price of these villas represent excellent value for money compared to comparable sea view property in other beach locations in Thailand.

The real value for property In Thong Nai Pan lies not simply in "location, location, location" but rather in limited supply, quality and location. This makes owning a luxury villa in Thong Nai Pan a better investment not only for those seeking an ideal tropical hideaway but also for those looking to join the rental market.