Krabi offers one of the world's best opportunities for getting in on the ground-level of some major upcoming residential and resort development in a resort area. Together with Phuket and Phang Nga, Krabi will form the center of the fast-growing "Asian Riviera" offering all the infrastructure and facilities of a truly world-class destination.
Krabi is a relaxed and laid-back alternative to a more urban Phuket, and will provide a wide range of water-based activities around the bay and offshore islands. The nearby mainland areas also offer spectacular scenery and outdoor adventure activity ranging from rock climbing to cave diving. There are few places in this world that offer such a variety of easily accessible outdoor activity.
This, combined with Thailand's famous hospitality, graciousness, tropical climate, and outstanding food places Krabi at the top of places to live and play.
Resort development has already begun with a wide range of world-class facilities available. However, residential property is still in its infancy. The far-sighted investor has enormous opportunity to get in at the start of something great.
Krabi development land can be categorized into 5 main categories: beachfront, near beach, hillside view, rural, and urban. On the Krabi mainland, there is little beachfront available. Haad Yao has the most, but much of it has been purchased by large investors. Ao Nang has only 1 very large plot with beachfront that is not developed already. Ao Nam Mao still has numerous plots available. Klong Muang has a small number of plots on the beach, and almost all are small. Ao Siow still has beachfront available, and Tubkaek fewer than 5. Haad Sai Khao is still undeveloped, as is the Phu Khao Thong (Golden Mountain) & Tha Lane area.
There is a lot of land near the beach in all areas and on hillside with very good views. Krabi has a number of rural (non-coastal land) with spectacular views which are suitable for development. All urban areas are relatively small, but there is land within these municipalities, mostly Krabi Town and Ao Nang.
NEWS - PROJECT STATUS UPDATES
The Pelican - Naga Coast (Klong Muang)
Construction of condominiums is complete. The main structures are complete. The first villa is completed. (Link)
Earthworks are on hold while inheritance issues within the land owners' family are sorted out. (Link)
Krabi Cliffs Golf Resort - Khok Yang
Championship golf course (about 20 kilometers northwest of Krabi Airport) has been announced and appears on the Jack Nicklaus website as a new development under construction. Status of the project is unknown, and no work has been done on the site. (Link)
Krabi River Marina
The small marina on the river in the center of Krabi is now fully functional. (Link)
Krabi Airport International Terminal
The renovation of the old terminal is complete and is open for domestic airlines. (Link)
Lanta Island Bridge
Construction on the bridge between the two Lanta Islands (Yai and Noi) has started