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BANGKOK 19 August 2019 12:40
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olsen

Khanom Beaches

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You can find this resort for sale here:

Resort For Sale

The resort will contain 8 bungalows with 1 shared swimming pool in the center plus three pool villas with 5 bedrooms.

Totally 23 rooms.

There is also a beach bar and a large office which also contains a small cafe.

The resort is almost complete and it is already in business with all rooms booked for the Peak Season.

The construction of the two remaining villas are on progress.

Agree that 30 million to complete these two remaining villas is somewhat expensive, and that's also why I recommend a potential purchaser to go for the 90 million option. The owner, who is also the contractor, asks for 30 million extra to complete, but as I am a contractor too, I can offer to complete the two remaining villas for much less....in the same genuine top quality! I can do this for 15 million THB. So the total price will be 105 million THB.

Also please note that there is a 100 meter beach, so all villas and the bungalows are all beachfront!

The total size of the land is 6 rai / 9,600 square meter, so there is plenty of space in the rear to construct more villas, bungalows and even a condo complex!

1. Are "Olsen" -the OP of this topic- and you -ThaiSunshine-, the sponsor the same (Danish) person ? If so, it's rather confusing.

2. "So the total price will be 105 million THB." :D You're an optimistic chap and nothing wrong with that but your price is not correct.....

The "naked" asking price for the unfinished resort is Baht 90 Million whilst your adjusted finishing price would be Baht 15 Million (versus 30 million for the contractor); that's indeed 105 million but depends on the price a buyer would be willing to pay for the asking price of 90 million...wouldn't it ? :)

But, 15 million (Euro 315,000 or US $ 472,000) is also a bit stiff for finishing 2 villas, isn't it ?; just my opinion.

World wide (holiday) real estate is flat on it's face and I even fear a further major depreciation; the present Dubai debacle isn't really helping prices to recover also. And if someone thinks that Dubai isn't effecting Thailand (and other holiday markets) he/she is wrong as it is yet not clear how much money (read: $ Billions) investors and governments are going to lose in this now collapsed bubble.

People, willing/wanting to invest in (holiday) real estate will be very careful. Sorry to say so but for your sake I hope I'm completely wrong!

LaoPo

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1. Are "Olsen" -the OP of this topic- and you -ThaiSunshine-, the sponsor the same (Danish) person ? If so, it's rather confusing.

Sorry for the confusion. I am also olsen. This was my username before I signed up as a Sponsor. Then TV registered me as a Sponsor with a new username Thai Sunshine.

2. "So the total price will be 105 million THB." :D You're an optimistic chap and nothing wrong with that but your price is not correct.....

The "naked" asking price for the unfinished resort is Baht 90 Million whilst your adjusted finishing price would be Baht 15 Million (versus 30 million for the contractor); that's indeed 105 million but depends on the price a buyer would be willing to pay for the asking price of 90 million...wouldn't it ? :)

Sure...but the "asking" price is fixed! Not negotiable! You take it or leave it :D

But, 15 million (Euro 315,000 or US $ 472,000) is also a bit stiff for finishing 2 villas, isn't it ?; just my opinion.

Well....one villa with 5 x 16 meter pool and direct beachfront! 5 bedrooms of which 2 rooms have separate entrance. Total building size is 460 square meter sitting on 657 square meter of land. 7.5 million THB to complete one villa is a steal! It is only 16,300 THB per Square meter!! A similar villa is for sale in Khanom priced at 25 million THB!!

World wide (holiday) real estate is flat on it's face and I even fear a further major depreciation; the present Dubai debacle isn't really helping prices to recover also. And if someone thinks that Dubai isn't effecting Thailand (and other holiday markets) he/she is wrong as it is yet not clear how much money (read: $ Billions) investors and governments are going to lose in this now collapsed bubble.

People, willing/wanting to invest in (holiday) real estate will be very careful. Sorry to say so but for your sake I hope I'm completely wrong!

I also hope you're completely wrong!! And actually I think you are! What I mean is...in my 3 years in the Khanom area I've never been so busy in my life! Even in the middle of the world wide crisis I have been very busy....and I think the reason is, that Khanom is so affordable compared to Phuket and Samui. People/investors simply want to invest here, rather than not invest at all....they find it somewhat better to invest say 20 million THB here in Khanom rather than investing 100 million in say Phuket. They get the same property, just 5 times more affordable and in an up-and-coming area where their investment will double or even triple within a few years....I have seen several investors double their money within 2 years here investing in land and condos! That would for sure never have been the case if they've invested the same amount of money in Phuket or Samui! :D

olsen & Thai Sunshine

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Something doesn't sound right.

Someone wants to sell an unfinished resort for 90 million or finish it and sell it for 30 million more. The real estate agent says that he can finish it for 15 million and advises to buy it at 90 and pay the real estate agent to finish it.

Does this sound strange to anybody else?

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i asked a simple question. what does the following mean?
outside20> There is only 1 resort for sale in Khanom.... and this only because the developer of this resort constructed the resort as an investment, not because he wanted to work as a resort owner....it was contructed to be sold.... Price 120 million THB, or if you finish the contruction yourself, you can have it for 90 million THB.... if you can find other resorts or hotels in Khanom for sale, then I give you a free beer! :D:)

Just general info for you.... I read your post before you edited :D

Edited by ThaiSunshine

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Please don't do this to Khanom.

All those boats, planes and people sure won't make Khanom more peaceful and pristine.

I don't do anything! I just assist the contractor selling his resort! Not much I can do about people's plans with Khanom.

I admit that I understand some of the posters do not like the idea of Khanom turning into an international tourist hot spot....but it began long time ago...before I even knew about this wonderful pearl.....the first step was building Golden Beach Hotel 9 yeara ago......later followed by Supar Royal Hotel....the real kick was building Racha Kiri Resort & Spa.... now Khanom's destiny is set for the boom in tourism and real estate....even if I like it or not I can't do anything about it! So why not make the best of it and at least earn a few bucks in the process??? :)

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Olsen or ThaiSunshine or whoever else you masquerade as ... you have started this same thread on at least 3 other forums I have seen, probably more and you become more transparent with each post. I think you have seen that the general consensus is that people, both foreign and local have no interest in developing the said area and you, out for what seems like a quick buck have no interest at all except for lining your own pockets. Leave the place alone. People who have been here a lot longer than you have no desire for your ideas.

As I said before, try Namibia, big bucks to be made there .... I heard. If you want help getting a ticket, just ask.

:)

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South> masquerade?? Olsen is my surname and Thai Sunshine is my company name :)

I understand that many locals, both Thai and foreigners, don't like the idea of Khanom turning into a new tourist and property hub.....but do you really think that you can prevent this? Do you really think that one single person (me) can do any difference?

The internet today is bursting with threads and articles about Surat Thani, Nakhon Si Thammarat and Khanom....

One of the more interesting personalities who has more influence than me is Bill Barnett, the CEO of C9 Hotelworks and from The Phuket Insider.com

He has written already a lot of articles about Khanom and predicts it will be the new tourist and property hot spot of Thailand....and many tends to agree with him. His latest article you can find here:

Bill Barnett - The Phuket Insider.com

Edited by ThaiSunshine

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South> masquerade?? Olsen is my surname and Thai Sunshine is my company name :)

Mr. Olsen, when you started this topic on October 20, just a few weeks ago, you were "just" another, rather new member "Olsen" and an enthusiastic promotor of Khanom beach. I wrote* (to you: Olsen) that you were doing nothing more than most of us did when we first visited Thailand: promoting this beautiful land.

* http://www.thaivisa.com/forum/Khanom-Beach...74#entry3131274

Nobody ever heard yet of ThaiSunshine.

Later, just 3 days ago on November 26th, you appear -at this same topic- also as a sponsor and there's nothing wrong with that, but you have to admit that you created the confusion yourself by having now 2 names: one as a member "Olsen" and one as a sponsor "ThaiSunshine" but BOTH with the same avatar.

That's creating confusion.

Maybe it's better to change your private member-avatar being different from the sponsorship's one ?

It would have been better if you would have introduced yourself, being a sponsor, in another, different topic.

LaoPo

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LaoPo> Hope you like my new olsen avatar? :)

Thanks for the advise and sorry for the confusion.

Edited by olsen

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LaoPo> Hope you like my new olsen avatar? :D

Thanks for the advise and sorry for the confusion.

:) ....that's not Olsen beer...that's Olsen Carlsberg beer :D

LaoPo

Edited by LaoPo

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Yes, Sorensen, I am from Denmark.

You're welcome to Khanom anytime!

And a cold beer is also welcome anytime :-)

Be careful of the barman.....he likes to put gun powder in the ash trays, light fire crackers under the customers seats and fires potatos at buffalos with the potato cannon. God only knows what he did to his boss. :)

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The charm of Khanom is the virginity, the unspoiled state. If that is gone, the charm is gone, too. If you want to develop that place, you rather better start from there, than copying XXX Moon Parties.

The people, who choose Khanom for their holidaying do that certainly not for Pizza, but for unspoiled beach, sun and seafood.

and the soi na rlock. :)

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The charm of Khanom is the virginity, the unspoiled state. If that is gone, the charm is gone, too. If you want to develop that place, you rather better start from there, than copying XXX Moon Parties.

The people, who choose Khanom for their holidaying do that certainly not for Pizza, but for unspoiled beach, sun and seafood.

and the soi na rlock. :)

What and where is soi na rlock ??? Seems I missed something?? :lol:

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if Khanom stays like it was, it would be perfect. No houses, no people, no development on a perfect, white, long beach with clear water.

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