Koh Chang Real Estate Market - Koh Chang Guide

House in Bailan Beach


An attractive two-bedroom home is available for sale in Bailan Village on Koh Chang’s West Coast. The home is a leasehold property with a ten year lease available at an annual rental of around 12,000 Baht per month. It is an attractive dwelling that has been completed to European standards and the sale includes all fixtures and fittings so it is ready to occupy immediately. The home is situated in a central, but private location that is Read more

Bang Bao Restaurant Sale


Restaurant for Sale in Bang Bao Bang Bao Pier is one of the busiest and most sought after business locations on Koh Chang and it is very rare that an opportunity to acquire one of these prized over-the-water businesses becomes available. However, a long-term resident and business owner has decided to relocate overseas and so a large business space in a great location is now for sale. Let’s be clear from the outset that this is definitely Read more

3 Rai Chanote Waterfront Land


Chanote Land by the Sea - 6.5M per Rai This large 4,800 sqm. plot of Chanote title land is located on the East Coast of Koh Chang a couple of kilometres south of the ferry terminals. It is in an attractive location surrounded by rubber trees and has a full 50 metres of waterfront with great views over to the mainland. There are also the footings of an old pier and this is good news Read more

Chanote Land in Klong Son -16M


6,400sqm. Chanote Land in a Lovely Location There is a great deal to commend this large piece of land in the beautiful and peaceful surroundings of Klong Son valley. For a start it lies about 2km up the road in one of Koh Chang's very few inland valleys and is surrounded by jungle hillside and nature on all sides. But this is actually quite a convenient location as well - there are plenty of shops, Read more

Two Bed Villa in Klong Son - 7M


Two Bed Villa in Klong Son on 1+ Rai of Land This modern two bedroom family home is built on 1 Rai of Chanote titled land and is located in Klong Son in the north of the island, a few minutes from the ferries. It is in a quiet location within easy walking distance to both the village and the beach. There is very little passing traffic and the views from the villa are of Read more

The Koh Chang Real Estate Market

Times are changing fast in the youthful Koh Chang real estate market.

Koh Chang has only recently developed as a tourist destination and so far has only experienced large scale growth in hotels and tourist visits over the past ten years or so. Whilst there has been an explosion in the number of hotel beds and related tourist businesses the potential for residential property construction, with a few notable exceptions, has remained untapped. If you consider the histories of development of Thai resorts like Koh Samui, Phuket and Hua Hin that have been growing for ten or twenty years longer than Koh Chang then the next wave of development is set to see huge demand for housing and condominium development.

There are certain factors unique to Koh Chang that have major effects on how the property market will develop.
The first is the fact that Koh Chang lies within a Thai Marine National Park. Around 70-80% of the land area of the island falls within national park control and, since it is under government ownership, it cannot  (at least in principle) be developed.
Also, the Thai Navy own large tracts of land on the island. Add to this the fact that a lot of the remaining land is of tenuous land title (see our section on Thai land types) and the area of land on Koh Chang that is available for development becomes still more limited. The effect of this is that property prices can seem quite high, obviously as a factor of high demand coupled with limited supply. In the longer term of course this limitation on available land means that an investment in a well-built house or condo on a development with secure land title offers fantastic potential for growth in market value.

There have so far only been a few organised housing and condo developments on Koh Chang and many people have resorted to buying land and arranging construction themselves – no mean feat. But new projects keep coming online and since we represent all of the island’s main commercial developments then you are welcome to call into our office or call us on 081-919-8219 to find out what we currently have available, or take a look at the property section of our website www.koh-chang-guide.com where there are many pages of land, property and businesses for sale..

Koh Mak and Koh Kood

The nearby islands of Koh Mak and Koh Kood are also developing as alternative considerations for property and housing investment. The islands are smaller, Koh Mak very much so, but since they lie outside the national park far more of the land can be developed. Koh Mak so far has just a few residential developments and Koh Kood has none so any dream home projects currently have to be built from the ground up. The islands are both remoter and less developed than Koh Chang. Whether this is a good thing or not is a matter of opinion. They are certainly pretty and peaceful but this can come to feel remote and isolated in the low season. It might be a good idea to pay a visit at this time of year to get a feel for things before you buy.

Share
Share