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Coconut Island is a convenient paradise on the east coast of Phuket. approximately 1.5 km x 2 km wide with over 400 local residents and an existing five star resort known as the Village at Coconut Island.
The prestigious megayacht marina, The Royal Phuket Yacht Club, The Como Hotel, and the multimillion dollar villas at Cape Yamu are nearby. Central Mall and its recent large scale expansion is approximately a 15 minute drive from the island. A 3 minute taxi boat shuttles inhabitants and visitors all day and night to the Phuket mainland .
Infrastucture has been growing significantly on the island with a new main pier extension and upgrade completed, the arrival of main electric power in 2015, a local hospital, and an approved and funded light rail station that will open within a five minute drive from the island.
Advanced proposals put forth by the Phuket Govenor to construct a bridge connecting the island to the mainland of Phuket have been received favorably and the environmental study is underway.
Finally, the local island government is also planning a seawall, the extension and upgrade of the secondary pier, and continuing construction of the island coastal ringed walkway.
This 9 Rai has approximately 200 square meters of beautiful mostly sand beach with stunning north facing views to the limestone karsts of Phang Nga. The property is semi- rectangular with a slight slope from the public road access to the ocean.
The property is immediately contiguous to the new 150 key hotel and villa resort being developed by the Burasari Hotel group that is projected to open in 2020.
This is rare opportunity to develop an easy access island luxury villa or hotel project..
Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.