Land and House in Rawai, Phuket The Land: The property is 4.83 rai comprised of 8 separate chanote land titles (one additional land title shows the entire area) and located in Rawai just 1km from Yai Nui Beach, 1.2km from Nai Beach and 1.5km from Rawai beach. Google Map links: Photos of property under development… The property is walled and gated. A private 5 meter road, as shown, provides access from Soi Yai Nui. There are 2 wells on the property with adjacent towers and 4 storage tanks at each tower. There is also a dedicated large transformer assembly sufficient for up to 25 houses or a housing development. The power control room is also provided. All electrical cables are underground. The property has a surface water overflow drainage system and is partially landscaped. The House: The house is sitting on 1,026.69 sqm of land. The first floor consist of a large open living area with built-in room divide / entertainment center, kitchen with built-in teak cabinets and marble top counters, a family dining area with built-in marble topped bar, a hardwood floor Japanese tea room, three terraces and a covered parking area for two cars. The first floor has marble flooring in the living and dining areas and a tiled kitchen. There are two air-conditioner (AC) units and three ceiling fans at the first floor. The second floor has three bed rooms, two bathrooms and three terraces. There are three AC units and three ceiling fans for the second floor. The second floor has hardwood flooring and tiled bathrooms. All windows are covered with 2inch wooden blinds and sliding doors have vertical blinds. Telephones and internet connections are installed and current. The bungalow, just adjacent to the house and behind the 4m X 12m swimming pool, has marble floors, one AC unit, one ceiling fan and a built-in marble top counter. The bungalow bathroom is tiled. The house and bungalow are built with Q’con structural insulation block. Downstairs floor plan of house. Pool view from Upstairs bedroom. View of corner lot and dedicated transformer assembly and control room. The transformer assembly is on the property and for the exclusive use of this property. Interior view of house: Extensive custom built furnishings. The Area: Rawai is the preferred living environment for many foreigners in Phuket. The Rawai area is famous for clean and quiet beaches, great scenery and natural beauty, the best restaurants in Phuket and a general healthy lifestyle. In the last 2 years the infrastructure.ie…roads, facilities and shopping have greatly improved. See the following links: Cost Proposal: There are improvements to this property totaling 15.8 M TBaht which include the house, bungalow, swimming pool, 5 meter roadway with 2 gates, retaining wall, privacy wall, earth leveling, 2 wells, 2 water towers with tanks and pumping / water filtration, electrical transformer, electrical control room, underground electrical system and surface water run-off system. In addition the property has been divided into separate lots each with a chanote land title. The price of this property is 45M TBaht. I am the managing director and the other shareholders are from my attorney’s office. To sell this property it is only necessary to sign my name out of the company and sign the new owner in. Development plans: There are very few large lots of this size remaining in the Rawai / Nai Harn area. There are two potential money making plans for a lot this size. a. Live in the house and manage the design and construction of 7-12 other homes on a buy and build basis. It would be easy to realize 70 -80 M TBaht. The property is totally ready for development. b. Live in the house and build 2-bedroom apartments. A development of this kind would easily realize 190 -220 M TBaht. The concept drawings below follow Thai building code. The area utilized excludes the existing house area and the cornor lot area which could be used for additional recreation or for small building construction. See attached apartment concept drawings. In these draft plans all buildings are placed following Thailand building code. The existing house plot and the corner plot are not included in these plans…both areas could also be developed.