An Idyllic Thai Buy

Darran McDermott, director of Investments Worldwide property specialists, explains why the Nirvana Beach Resort on Koh Chang is an ideal choice for the discerning sophisticated tourist who doesn't think twice about placing pleasure before budget...

The Nirvana Beach Resort

Koh Chang is only 330km east of Bangkok (approx. four hours by road) plus another 30 to 45 minutes by boat or ferry. The island, second only in size to Phuket, is a mountainous paradise cloaked in rainforest and rhythmic waterfalls. Bathed in 30°C plus sunshine all year round, Koh Chang is far from mainland rivers, guaranteeing crystal-clear, sediment-free water and wedding-white beaches.

Along with 40 small surrounding islands, the island forms part of the Koh Chang Marine National Park designated in 1982 to protect the rich forests and submerged coral reefs from vigorous modernisation and development. The 29 species of animal, 74 of bird and 42 of reptiles and amphibians are respected with low-rise low-density construction only in designated zones.

"Known all over the world as ‘the land of smiles’ Thailand offers all the ingredients for a perfect holiday from scenery to beaches, weather to cuisine and a friendly native population. The property market is now showing the same strength as the tourist sector and delivering consistent annual capital growth on good quality developments," explains Mr. McDermott.

"Rental yields are also above average at between eight and fifteen percent per year and out-perform other popular second home markets such as Bulgaria and Cyprus thanks to a year-round season, not just a few busy summer months. The Nirvana Beach Resort itself is offering a two year, ten percent rental guarantee as an acknowledgement of its market confidence."

The Nirvana Beach Resort, on the north west of the island, consists of Thai-style detached villas, each frontline to the beach or lush gardens. All villas are fully-furnished and have spacious air-conditioned rooms, en-suite bedrooms, private Jacuzzis and balconies with idyllic views.

"Nestled in tropical rainforest and skirting 1.5km of near-private beach, the Nirvana Beach Resort will offer maintenance, maid service and even soothing massages", says Mr. McDermott.

Thai Beach

"Facilities within the Nirvana Beach Resort will be of five-star quality and include swimming pools, restaurants, bars, a spa, private pier, a saltwater lagoon, water-sports facilities and 24-hour security. English-speaking staff will also be on hand both within and outside the confines of the resort to offer assistance."

Prices at the Nirvana Beach Resort start from £275,000 for a one bedroom sea-view villa with Jacuzzi. Four bedroom sea-view villas with Jacuzzi start from £330,000, while the most luxurious six bedroom beach villas with pool and Jacuzzi start from £945,000.

"Owners are entitled to 30 days free use per year and there is a ten percent rental guarantee in place for two years from completion, which is scheduled for February 2010," explains Mr. McDermott.

"The developer has a seventy percent guaranteed mortgage and it’s possible for buyers to participate from just £1,000 deposit with nothing more to pay until completion."

Click here to read more about the Nirvana Beach Resort.

Information provided by Purple Cake Factory SL and Investments Worldwide.

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