Koh Phangan

Koh Phangan, a Gulf of Thailand island just 30 minutes by ferry from Koh Samui, has established itself as a niche real estate market favoured by investors and lifestyle-driven residents. The housing stock consists mainly of standalone sea-view villas, hillside building plots across the mountainous interior and a handful of low-rise residences near Thong Sala, the island's administrative and commercial centre. The west coast around Srithanu, Hin Kong and Zen Beach concentrates demand thanks to its international yoga and wellness community and its sunsets, while Haad Rin remains the party hub of the Full Moon Party and seasonal rental yield. Foreign buyers typically structure their purchase as a leasehold (a registered lease of up to 30 years, often with renewal options) on land, or as freehold ownership when buying a condominium within the foreign quota. Typical profiles range from digital nomads and wellness expats to European retirees and investors seeking holiday-rental income. The market's strengths lie in land that remains affordable compared with Samui or Phuket, preserved nature (Phaeng and Than Sadet waterfalls, the national park, northern beaches) and ferry connectivity from Thong Sala to Samui, Koh Tao and Surat Thani. The absence of an airport on the island reinforces its exclusivity while keeping entry prices attractive.