Koh Phangan Real EstateSmaller than its sister island (173 square km), it is far
less developed and is considered by most to resemble Koh Samui in the 1980's and is the quintessential unspoiled paradise. Like Samui it consists of
mountainous (but traversable) jungle surrounded by white beaches. The interior is practically untouched aside from some small roads. The roads are typically
rough made which makes for slow going, but that is in keeping with the atmosphere of the island. Here are there no large resorts and tourists largely consist
of backpackers and day trippers from Samui. Bars and restaurants are plentiful but never in large concentration and genuine seclusion is an option.
Koh Pha Ngan is at its busiest for the monthly Full Moon Party on Hadrin Beach. Two docks have been built here to provide easy access for the many visitors
from Samui for this now world famous event. However, it is confined to a single area and is as easy to ignore as it is to indulge in.
The untapped
potential of Koh Pha Ngam as a major tourist destination has not gone unnoticed by the Thai government which has recently invested heavily in improving its
infrastructure and accessibility. The good news for investors is that prices are still low and the choices wide. It is not expected that this will continue
for long and investment interest is on the increase. It is strongly recommend anyone looking at investing in Samui to also consider Koh Pha Ngan as it
offers by far the best value in South Thailand. |