Koh Pha Ngan, Surat Thani, South - Thailand
What do you need to know Koh Pha Ngan?
Koh Pha Ngan is an island which lies within the boundaries of Surat Thani island in the southern region of Thailand and is located in the Gulf of Thailand. The island of Koh Pha Ngan has two more islands in its vicinity a larger Koh Samui towards the south of Koh Pha Ngan and a slightly smaller one with the name Koh Tao which is located on the northern side of the island. The island is most known for the Full Moon Party that it holds at the Hat Rin Beach. The island is at about 55 kilometre distance from the mainland the main town in it is known as Thong Sala and the highest point of the island is at Khao Ra, at an elevation of 630 metres. The name of the island is derived from the word “ngan” which means sand bar in southern Thai because numerous sand bars can be found offshore at the area. The island of Koh Pha Ngan receives an average of four and a half million visitors each year and has been a favourite place to visit for everyone since the time of kings, as it is said that Rama V visited the island for fourteen times during the time of his reign
Few things to do in Koh Pha Ngan
There may be a lot of places that you can visit when you are in Thailand but you can be sure that you will not witness a place so diversified and adventurous as the island of Koh Pha Ngan. There are a lot of things for you to do in the island from learning authentic Thai cooking to challenging water sports, the place has it all. Some of the best thing for you to do are listed below for you to consider.
Learn Thai style cooking
The cuisine of Thailand is renowned all across the world as one of the best delicacies found in the world. Everyone travelling to places is always talking about bringing home a souvenir, and this might be the best one that you can get to remind you of the exquisite place you have been o.
The Challenge Phangan Park
This is a water park that is located at Sweet Water Lake which lies between the Sri Thanu bay and the Chao Phao bay on the west coast of the island. The park offers an exciting obstacle course that involves a lot of getting wet, the courses offered in the park include rolling barrels, monkey bars, rope swing, stepping stones, climbing mountain, balance beams and many more.
How is the lifestyle in Koh Pha Ngan?
The island of Koh Pha Ngan follows within itself a very basic form of lifestyle which is unseen to visitors travelling from urban regions if the world such as Canada. Monthly expenses of a single individual hardly amount to over 18,000 Baht and that is even if he chooses to live at a rented studio condo in the heart of the city. Groceries for the entire month would cost you around 5,000 Baht. The prices of properties have been seen to fluctuate as per their location, size and type. For example, properties in areas like near the Wisdom College Tutorial School or the First Western Hospital - Koh Phangan, cost a bit more since there are a lot of amenities near your location, although if you choose to move s little further into the island, the prices have been seen to drop significantly.
How is the Koh Pha Ngan Real estate market?
If you’re looking to settle down at Koh Pha Ngan you would want to look at renting one- or two-bedroom condos or if you’re a fan of villas and single house you can find that too here along with the option of choosing townhouses. An apartment or condo here can be rented with a mere 7,000 Baht if you can live in the quieter area, otherwise, it can even cost you up to 70,000 Baht on the rent if you want, depending on the size, number of bedrooms, swimming pool and type of the property. The townhouses almost share the same price range as the condos and can be found at a monthly rent of around 8,000 Baht to 15,000 Baht depending on the location and size of the property. On the other hand, villas or single houses on rent would cost you about 14,000 Baht to 68,000 Baht dependent on the same factors. Thus, it makes Koh Pha Ngan one of the most flexible regions in Thailand in terms of real estate.
What is the most popular type of property for sale in Koh Pha Ngan and why?
The ideal way of settling in Koh Pha Ngan would be by your own house instead of doing away with monthly rentals. With apoartment condos being the most popular property on the island with sale prices ranging from 2,150,000 to 8,000,000 Baht depending on the location and size of the property. Houses are dominate the market so much as this island is manly tourist vaction area. As we see the prices of properties across the globe light up it would sound too good to be true to your ears if you consider the prices in Koh Pha Ngan. It is an excellent place for foreign retirees and even locals looking for something of their own. Townhouses further from the main street cost around 2,800,000 to 15,000,000 Baht if you’re looking to stay closer to the excitement. Second hand Villas and single house on the other hand would cost you around 5,000,000 to 90,000,000 Baht for sale price depending on the size and location and number of bedrooms of your villa or house.
Land for sale is also popular in the island as its very limited and there is a growing demand of land on the island. Land price can very from area to area so its important to survy the prices carfully before buying it.
What are the main reasons to invest in Koh Pha Ngan properties?
The Koh Pha Ngan real estate market is incredibly dynamic and is a haven for investors as well as people looking to settle down here. The prices of the properties are extremely inviting and guarantees excellent returns. Another reason for investing in the properties of Koh Pha Ngan is that the place offers a retreat from the typical city life and promises peace of mind.