Property in Thong Nai Pan

As well as being a fantastic destination, the Thong Nai Pan area is fast becoming a property hotspot. The property and land market has rapidly developed as a natural consequene of the increase in tourism and because of the 'X' factor - namely, people love the place and want to stay longer and come more often. Since 2004 when the land market opened to non-Thai nationals land values have increased 800%, and continue to rise. Increasingly investors are considering Koh Phangan and Thong Nai Pan in particular as an alternative to the overpriced and overdeveloped (and frankly not as beautiful) more established tourist areas such as Koh Samui and Phuket.

A few Europeans, Americans and Antipodeans have started building houses and setting up businesses in a low key way over the last 5 years in Thong Nai Pan. And the reason - the 'X' factor combined with cheap living costs and a thriving local economy in Thong Nai Pan and in Koh Phangan generally.

Although a number of private homes have already been completed, the Thong Nai Pan Villas collection will be the first luxury development in the area. Already there are competitors entering the market but we at this magazine believe Green Island Leisure's Thong Nai Pan Villas collection is the best option because of their experience and core values which embrace the spirit of Thong Nai Pan - individualism, natural beauty and retreat.

And it is no surprise that the only two 5 star hotels on the island are situated next door and use the same ethos to run highly successful businesses.