Wok Tum Residence is the first professional, contemporary villa resort on the tropical retreat of Koh Phangan island (just 25mins by boat from Koh Samui. Nestled in the foothills overlooking Hing Kong Bay, Wok Tum Residence is within easy reach of the many west coast white sandy beaches with the nearest being just 800 metres away. The development is a short 5 min drive to the charming harbour side village of Thong Sala, which is home to many bohemian and sophisticated cafes and restaurants. Set in 2 acres, on a slopping hillside, these 9 secluded villas all enjoy unspoilt bay and mountain views and truly spectacular sunsets. Villas start at approx £123,000 (THB 8,000,000). Villas with the premier sea views are approx £130,000 (THB 8,500,000) – you cannot find villas for sale at these rates anywhere else in Samui, Krabi or Phuket. Koh Phangan’s time for investment is now. Uplift on these prices will be swift in the coming years. Each villa is oversized at 220 m2 and comes on a plot of 530 m2. The tenure of these villas is leasehold (90 years but renewable) but with an option to convert to freehold (leasehold purchase costs are considerably lower than freehold so as property traders we try to keep buying costs to a minimum) The rental income across all 9 units will be pooled and yields are expected to be in excess of 10% p.a. net of all charges and maintenance, in fact at 50% occupancy and a daily rate of 7,000 THB (£107.00) the units will deliver an 11% rental yield. info@oyster-international.com