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House by the Sea: How Much Does It Cost to Live Near Marinas in Thailand?

10/11/2024

House by the Sea: How Much Does It Cost to Live Near Marinas in Thailand?

An increasing number of foreign nationals are considering real estate in Thailand not just as a winter escape but also as a permanent residence option. Many buyers prefer homes near marinas with facilities for yachts, boats, and other sea vessels. Owning such a vessel allows residents to travel freely between Thailand's numerous islands, stay independent from third-party carriers, and enjoy a unique lifestyle. Properties near marinas are also highly attractive investments, as these locations are traditionally popular with tourists.

CONTENT:

  1. Territorial Features of Thailand
  2. Yacht Haven Marina
  3. Ao Po Grand Marina
  4. Boat Lagoon
  5. Royal Phuket Marina
  6. Conclusions

TERRITORIAL FEATURES OF THAILAND

While Thailand is known for its island resorts, finding a modern marina with nearby housing isn’t always easy. There are more buoy and anchorage spots than marinas in most resort areas. Additionally, developed areas, especially Phuket, are densely populated with hotels. Phuket's terrain is mostly rocky, so villas are typically not located directly on the waterfront but further inland. Coastal properties are rarely newly constructed, making apartments in these areas highly sought after and profitable. The marinas in Phuket’s eastern part are particularly well-placed, as the region is shielded from storms, allowing vessels to stay docked year-round.

YACHT HAVEN MARINA

Yacht Haven Marina is conveniently located just a 15-minute drive from Phuket International Airport and can accommodate up to 320 vessels. The area is well-equipped with services for refueling, water, food supplies, and other essentials for holidaymakers. Real estate prices near this marina include:

  • Two-bedroom apartments of 275 m² priced at around $414,500, located about 8 km from the coast.
  • A two-bedroom villa of 155.2 m² for $375,000, with the sea about 1 km away.
  • One-bedroom apartments of 20 m² starting at around $50,000 are the most affordable option.

AO PO GRAND MARINA

Located at the entrance to Phang Nga Bay, Ao Po Grand Marina can host up to 300 vessels. It offers 24/7 access to its yacht club, which also includes a yacht service shop, restaurant, fitness center, and swimming pool. Two-bedroom, two-bathroom apartments nearby are available for $172,000, while a two-bedroom villa located 20 minutes from the marina is priced at $430,000.

Boat Lagoon

The Boat Lagoon marina is located 20 km from the international airport and 8 km from the city. There are no residential buildings directly next to the harbour, as the area is occupied by yacht berths and fuel docks, but this does not negatively affect the yacht club’s infrastructure. Nearby, the Boat Lagoon Resort offers fine dining restaurants, shops, and entertainment venues. The cost of villas in this area ranges from $685,000 to $980,000, depending on the location and number of bedrooms. Condominiums offer a more affordable option, with prices starting at $300,000.

Royal Phuket Marina

Royal Phuket Marina is considered the most exclusive harbour in Phuket. In addition to 350 berths for yachts, it also houses the Royal Phuket Marina complex, which offers various housing options, including penthouses. Prices vary depending on the type and size of the property:

  • Two-bedroom flats are priced between $400,000 and $450,000.
  • Three-bedroom residences start at $640,000.
  • Four-bedroom apartments are sold for $1.25 million or more.
  • Luxury villas, aimed at high-end buyers, are available starting at $4.6 million.

CONCLUSIONS

  • The eastern part of Phuket is an ideal location for mooring yachts.
  • Despite limited inventory, it's possible to find the right property near the sea.
  • Thailand’s real estate market is growing steadily, with more coastal residential complexes being developed each year.
  • Housing prices fluctuate with consumer demand and the economic situation, so it is essential to review listings carefully before purchasing foreign real estate.
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