Investment Opportunity! Four Bedroom Villa and Separate Two Unit Rental House on Ko Yao Noi, Southern Thailand
This is two houses for sale on Ko Yao Noi, in Southern Thailand. One is a four bedroom, four bathroom villa that sits on a half rai on the peaceful island of Ko Yao Noi. The newer house has two separate apartments, both are 5 meters by 10 meters large. The two houses are about four meters apart.
There are two separate buildings on .5 rai overlooking Cape Kudu Resort. One building houses two separate sea view apartments and other building is a sea view house. They are being sold together and can be rented as three separate rentals. The two leases of land in front of this land have limitations on how high they can build. The owner of the land in front is not able to build over 8 meters tall while the owner of this property being sold has the right to cut any trees that grow into the view.
The larger house includes a full sized American kitchen and an extra-large deck and outside patio with open floor plan. It features quality construction of an upper frame with Tang wood and lower level with cement with teak doors and windows throughout.
The land sits in “Zone 2” where you can build up to 75% of the half-rai plot, leaving plenty of room for an expansion or swimming pool.In the newer house each apartment has a kitchen bedroom and bathroom. Both apartments have a large deck and custom wood sliding doors and have separate bathrooms. There is a large wooden sliding door between the two apartments so it can be opened and make one large rental for a big group or be rented separately.
All units have a great sea view and have been built with only the best woods. Wood material used in construction is teakwood window and doors with Tang wood for framing.
All the trees in front of the house have been cut for a sea view of the islands. In addition, the road up the hill has been cemented for easy access.
The three units generate 1,400,000 baht in rental income each year. All three have sea views and the price includes the half rai of land. There is a new cement road which makes it really easy to drive up to the houses.
A very peaceful and romantic location. You must see this to appreciate this investment.