Lagoon Phangan

Lagoon Phangan: New Off-Plan Pool Villas Near Thong Sala, Koh Phangan

Lagoon Phangan is a new off-plan villa development located on Koh Phangan, close to Thong Sala, the island’s main town and practical hub. Developed by Living Phangan Lagoon, Comprises of 69 detached villas across one-, two-, and three-bedroom formats, each finished with a private swimming pool, terrace, and landscaped garden. With a building permit currently in process and completion targeted for March 2028, Lagoon Phangan is positioned as one of the island’s larger new-build residential communities, appealing to end-users and investors alike.

Villa Types at Lagoon Phangan

Three villa types are available at Lagoon Phangan. Type A is a one-bedroom, one-bathroom villa of approximately 156 square metres, priced from THB 5.2 million (around EUR 137,000). Type B is a two-bedroom, two-bathroom villa of around 238 square metres, from THB 6.5 million (around EUR 171,000). Type C, the largest format at Lagoon Phangan, offers three bedrooms and three bathrooms across roughly 366 square metres, from THB 7.4 million (around EUR 195,000). Every villa type includes a private pool, laundry room, fitted kitchen, parking, and its own garden and surrounding land.

Design and Facilities

Villas at Lagoon Phangan are designed as open-plan homes that connect the living, dining, and kitchen areas into a single relaxed space, with natural light flowing through the main interior. Interiors are delivered with furniture, kitchen appliances, air-conditioning, ceiling fans, water heaters, and LED lighting, while utilities include underground electrical wiring, a deep-well water supply, and a septic waste-management system. Beyond the private villas, owners will have access to a shared pool, gym, spa, sauna, and controlled entrance with CCTV and 24/7 security. Residents are also expected to benefit from discounts at the on-site spa, restaurant, and kids club.

Location and Lifestyle

Lagoon Phangan sits near Thong Sala, giving owners easy access to shops, restaurants, markets, and ferry connections while still enjoying a quiet, garden-set residential setting. Koh Phangan itself is known for its beaches, laid-back pace, and growing popularity as a long-stay and holiday destination, and Lagoon Phangan is designed to let residents enjoy that island lifestyle without sacrificing everyday convenience.

Investment Potential

For investors, Lagoon Phangan combines scale — 69 units across the project — with a rental management service that is available to owners who want a hands-off holiday-let arrangement. Optional guaranteed rental-return programmes are also described in the project materials for villas handed over to the developer for management, though actual returns will depend on occupancy, running costs, and the final agreement terms. As an off-plan project, Lagoon Phangan is sold on staged payments tied to construction milestones, and the underlying land lease increases by 3% after every three-year period.

Ownership and Buying Process

Both freehold and leasehold ownership are available at Lagoon Phangan. Thai nationals and Thai companies can buy under freehold title, while non-Thai buyers can secure a unit at Lagoon Phangan through a 30-year leasehold, renewable twice for up to 90 years in total. The buying process begins with choosing a villa type and plot, followed by a reservation agreement and deposit, a 30-day due-diligence period, signing of the Sale and Purchase Building Agreement and Land Lease Agreement, staged construction-linked payments, and finally inspection, handover, and registration.

Project Status

As of now, the building permit for Lagoon Phangan is in process, and construction is expected to progress toward the March 2028 completion date once approvals are finalised. This early stage gives buyers the opportunity to select their preferred villa type and plot before the project moves further along its construction timeline.

Who Should Consider Lagoon Phangan

Lagoon Phangan is well suited to couples, families, retirees, and second-home buyers looking for a private pool villa in a calm island setting, as well as investors drawn to the availability of rental management. The three villa sizes give buyers flexibility depending on budget and intended use, from a compact one-bedroom retreat to a spacious three-bedroom family villa.

Get in Touch

To find out more about current availability, pricing, and the rental management options, contact our team. We can walk you through the villa types, the payment schedule, and the location advantages that make Lagoon Phangan one of Koh Phangan’s most anticipated new development, Contact us for more info.