If you’re looking for a luxurious beachfront property in Koh Samui, Thailand, then the latest asset being brought to market through a luxury real estate auction by World Auction Alliance might be just what you’re looking for.
Villa Land & Sea, located on prime Laem Sor beachfront, is hitting the market for the first time ever through a luxury auction with no reserve price.
The globally-recognized real estate consultants at Knight Frank were contracted to provide an authoritative and trustworthy valuation of the property which resulted in a valuation of ฿111,000,000 THB. World Auction Alliance notes that the official full valuation report prepared by Knight Frank will be shared with all those who have registered for information prior to the auction.
While it is a no-reserve auction, suggested bids start at 50% of the valuation price. Sellers estimate that it will be sold at an estimated range of ฿78,000,000 THB to ฿86,000,000 THB.
The auction will start at 2 pm on April 2, 2023.
The owner, a European retiree, is liquidating his assets prior to departing Thailand. If Koh Samui’s coastline is appealing to you, this is an opportunity you’ll want to take notice of. This sale is the final piece of the owner’s once-varied Thailand real estate portfolio being sold before he departs the country to live closer to family.
The villa is situated on a double-sized oceanfront lot of 4 rai, offering an impressive 48 meters of beachfront, which is an uncommonly long frontage for a single residence.
The property comprises three pavilions, each with elegantly appointed living spaces that are perfect for relaxation and entertaining guests. The main pavilion features an open-plan living and dining area with a western-style kitchen and high vaulted ceilings. The master bedroom is located off the main living area, with an ensuite bathroom.
The second pavilion has two double bedrooms, each with an ensuite bathroom and breathtaking sea views. The third pavilion has two large bedrooms, each with an ensuite bathroom and a quiet area for office work.
The property is surrounded by lush tropical gardens and features an 11.5-meter infinity-edge swimming pool, a large 20-square meter Sala in a traditional design, staff accommodation, and a store room. The villa is equipped with modern amenities, including government water, mains electricity, and underground storage tanks for rainwater collection, and is fully furnished.
In addition to all the villa land, the sale also includes 2 Rai of Chanote titled land. Appreciation of the attached land is a virtual certainty with Koh Samui’s market trends.
It also offers the potential for additional development. Although never rented commercially, this villa is a turnkey rental income solution. It is perfect for both personal use and as a vacation rental.
World Auction Alliance believes introducing luxury auctions to the Koh Samui market will be a windfall for both sellers and buyers.
“Using our auction process, sellers can access liquidity by selling their property with control in a set timeframe, rather than relying on a time-consuming sales process,” said Graham W. Kretchman, CEO of the World Auction Alliance. “Meanwhile, buyers can purchase exceptional properties from motivated sellers at unbeatable prices. It’s a win-win for everyone involved.”
Is this the once-in-a-lifetime opportunity you’ve been looking for to add to your portfolio in Koh Samui? For more information about Villa Land & Sea and to receive the property brochure and schedule a visit, click here.
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