Large Sea View Land Plot at Ao Por

Ao Por, East Phuket

Description

From sleepy fishing village to prestigious international resort hotel and residential area, Ao Po is the centre of both international and Thai investment on the booming East Coast.

Largely ignored until 6 years ago, the East coast first attracted the attention of developers and hoteliers seeking to build up-scale seaview villas on large land plots, where the land cost was cheap compared to the more established West coast. The rapid growth of the marine industry on the East coast, led by Royal Phuket Marina, was another major factor. Both of these initiatives have given the rise to imitators and now the East coast boasts some of the most expensive and exclusive developments under construction available anywhere on the island. As a result, seaview land values have rocketed by over 500% in just 5 years, well above the average for Phuket as a whole and higher than land value increases on the West coast.

5M THB per rai reduction from the previous asking price of 6.5M THB per rai.

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