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  • THB1,665,360,003
  • (USD 45,000,000)
    •
    CHECK IF AVAILABLE
    CHECK IF AVAILABLE
  • Plot of land
  • For Sale 
  • Ban Pum Makha
  • thailand Flag Thailand
Mature 27 hole golf course constructed 20 years ago on 250 hectares of land with over 40 lakes that are fed from the mountains nearby.
There are 270 hectares of prime development land surrounding the course with planning available with for detached villas, townhouses, hotels and shops etc The land that surrounds the golf course enjoys lake and golf course views with roads, water and electricity all installed,it does not need any infill work and there is a possibility of building over 5,000 homes, hotel, retirement village, hospital etc in fact a whole new town could be constructed. At the moment there is a large clubhouse and a small resort hotel with 42 rooms and large swimming pool, all overlooking the golf course.
The whole development is situated close to the main highway to Bangkok and is only a 2 hours drive to central Bangkok, thus attracting many potential Thai buyers who use the town of Hua Hin as a weekend retreat to escape the heat of The City. The golf course itself is situated only 20 minutes drive from Hua Hin which was voted golf destination of Asia and Australasia in 2014.
Hua Hin is the third most popular holiday resort in Thailand following Pattaya and Phuket in popularity stakes. We envisage that a developer would have a worldwide customer base, Thailand having the largest increase in foreign visitors in Asia, with over 26 million visitors in 2013 and many people also choosing Thailand as a retirement destination.
POSSIBLE SCENARIOS
1.Sell the whole project to a developer/investment company.
2.Sell only the development land price 40,000,000 US Dollars.
3. Sell the major part of the whole development with the current owner retaining 10% and acting as a consultant.
FINANCE
We have the possibility of connecting a suitable developer to a financier who has already indicated that they will be prepared to finance the development subject to the developer being acceptable to them.
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Mature 27 hole golf course constructed 20 years ago on 250 hectares of land with over 40 lakes that are fed from the mountains nearby.
There are 270 hectares of prime development land surrounding the course with planning available with for detached villas, townhouses, hotels and shops etc The land that surrounds the golf course enjoys lake an...
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CHECK IF AVAILABLE
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