Property Description

Ref:KHY659

Renovation opportunity Soi Damphra Ubon Ratchathani

A wonderful Renovation opportunity on Soi Damphra in Kham Yai, Ubon Ratchathani has come available.  Whether you are looking for a home for yourself or are interested in a project as an investment we believe this presents viable options for either.

The land is a large corner plot, the house sits on 1 rai 5 talang wah, however the same owner has a further 3 ngaan.  We would advise to negotiate and buy all to maximise profit should someone wish to make this into a development project.

Soi Damphra over the last 14 years has seen almost every major developer in Ubon, including Sarin, Superlai, Areeya, Pindau and others, build housing estates on this road for good reason.  Geographically it is the road which links Baan Kham Yai to the main Chayangkun Road.

Development Option One

We feel there are two possible options first option would be to build 3 new houses and renovate the original house dividing the land into four plots as shown below. Three new houses and a light renovation to the existing house.

Development Option Two

Another option is to extend and renovate the existing property into one large luxury property with a pool.  The location is perfect for such a property and would not have to compete with local developers in the area building smaller houses.  Done correctly this could give a 40-50% ROI.

Further suggestions on how to extend modify this property:

Groundfloor design suggestion

Upper floor design suggestion

This post is also available in: ไทย (Thai)

Get Directions