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Land for sale in Patong, Phuket

Phuket, Kathu, Patong
Sale: ฿ 185,000,000
Land for sale in Patong, Phuket
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Listing ID: U1974298S

Land for sale in Patong, Phuket

This is an opportunity to purchase (including costs) land in Kalim, Phuket, Thailand for further development.  The land was partially developed with all related road, M&E etc infrastructure and 5 luxury villas have been built and sold. On the available land a further 7 luxury villas can be built and we have fine-tuned the original villa design for this purpose. We are seeking a bridge loan.  From these funds invested in the company the principal amount of the loan will be reduced within 90 days of the auction date . The balance of the loan and accrued interest will be paid from sales proceeds of the 7 villas to be built within not more than 36 months.
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Phuket, Kathu, Patong
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