Rare Chance to Join Marina Tourism Boom to develop a world-class marina development project on the east coast of Phuket at Sapam Bay
The owners of The Slate Phuket are looking for investors to develop a world-class marina development project on the east coast of Phuket at Sapam Bay, complete with adjacent land for housing, shopping, and leisure facilities. The land comes with a pre-approved Environmental Impact Assessment and construction permits, which can take up to five years to complete, meaning the property is ready for immediate operation, allowing investors to focus on scaling the business and getting returns faster.
Owned by the Na-Ranong family, who have played an instrumental role in the development of Phuket’s thriving tourism industry, the land is offered at a time when the Thai Government is prioritising marina and cruise liner port projects to enhance the country’s role as a regional marine tourism hub. With an existing Marine Operating License in place, this development ensures that all essential criteria – state-of-the-art facilities, compliance with international safety standards, and a minimal environmental footprint – have been met, so it’s ready to go.
“Phuket’s nautical tourism has grown rapidly in the past decade, and we are proud to offer this site for development in the burgeoning marine tourism sector, providing a new launchpad to explore the islands and attractions around Phuket,’ said Krystal Prakaikaew Na-Ranong. “This is a rare opportunity to develop a world-class marina project that will contribute to the continued growth of Phuket as a world-class tourism hub.”
With a long history of successful tourism development in Phuket, Krystal and her family are committed to finding the right investors to bring this project to fruition in the most sustainable way possible. Partnering with one of Thailand’s most respected families in tourism ensures access to deep industry insights, strategic connections, and an impeccable track record of success in hospitality and real estate investment, paving the way for seamless project execution.
Krystal says they are flexible in terms of either offering the site as a long-term lease project or for sale to the right buyer. There has already been interest amongst investors in Thailand and Europe and interested parties are advised to act quickly to secure such a prime opportunity.
“Phuket is fast becoming the boating capital of Asia, and we welcome the development of this marina site, which will not only attract more high-spending international tourists, but will considerably enhance Phuket’s economic growth,” said Phuket Governor, Sophon Suwannarat . “There is a real need for marina capacity in Phuket to grow and we applaud this development opportunity, which will significantly enhance Thailand’s nautical tourism credentials.”
The site provides easy access to one of the world’s most spectacular marine playgrounds, surrounded by hundreds of pristine islands including Phang Nga Bay, made famous in the James Bond movie The Man with the Golden Gun. Krystal’s father, Wichit Na-Ranong, played a key role in attracting the film’s crew to Phuket in the 1970s, thus setting the seeds for the island’s marine tourism sector to grow. The sale of this land is almost a full circle moment for the Na-Ranong family.
With Phuket just a short flight from Bangkok, Singapore, Hong Kong, and Kuala Lumpur, it’s a haven for Asian investors, with visitor numbers from Russia, China, and India all soaring. This means interest in this development will likely come from near and far.
Thailand’s Buoyant Marine Tourism Industry Growing
Known as the ‘Pearl of the Andaman Sea’, Phuket is famous for its year-round marine tourism and boasts a vibrant yachting scene, along with a thriving scuba and snorkelling industry, attracting millions of tourists each year.
Investors will be able to capitalise on strong returns thanks to Phuket’s position as one of the world’s most popular destinations, with tourist numbers set to double by 2030. Marina developments deliver strong economic benefits to the local community by attracting high-net-worth individuals and mega yacht owners from across the globe, positioning the project for success. This will be one of the last marina opportunities in Phuket and thus an extremely attractive investment, especially as marinas with mega-yacht capacity are rare.
The key features of this development include:
Prime Waterfront Location: Located just 20-30 minutes from Phuket Old Town, major shopping centres, and an international hospital, this exclusive marina site combines convenience with natural beauty. Its strategic location ensures seamless accessibility for residents, visitors, and yacht owners, making it a top-tier destination for the island’s elite and international clientele.
Mega Yacht Capacity: The marina is equipped to accommodate yachts up to 50 meters within its sheltered waters, with additional berths outside the marina for vessels measuring 50-80 meters. With docking space for 50-60 yachts, it will cater to both private and commercial clients.
Expansive Land Area: Spanning 60,800 square metres, the marina plot offers ample space and top-tier facilities tailored to a diverse range of yacht owners. There is also an adjacent plot of 69,208 square metres, which offers a prime location for dry dock facilities, a luxury clubhouse, or bespoke amenities for yacht owners.
Further opportunity if required: A further 78,908 square metre plot offers a unique opportunity to develop luxurious waterfront residences with stunning views of Phang Nga Bay and the Andaman Sea.
With access to the full parcel, investors will be able to develop the site in a phased manner as required.
Phuket’s Thriving Investment Landscape
Phuket’s property market is flourishing, driven by its appeal as a luxury destination for tourists and expats. The island’s robust infrastructure, coupled with its stunning natural beauty, has made it a magnet for investment in real estate, hospitality, and yachting. This marina project represents a rare chance to secure a foothold in one of Southeast Asia’s most dynamic markets.
Tourism has long been the backbone of Phuket’s economy, with the island welcoming around 10 million visitors in 2024. This influx of high-net-worth tourists and expats has driven demand for luxury accommodations, lifestyle amenities, and yachting facilities. The tourism growth trajectory is expected to continue, supported by Phuket’s position as a global hotspot for investment.
Property values in Phuket have seen consistent growth, with prime commercial and residential properties appreciating at an annual rate of 8 – 12% over the past five years. The island’s well-developed infrastructure including an international airport, world-class healthcare facilities and high-quality roads means the project will benefit from convenience, connectivity, and high visibility.
With the increasing demand for unique and luxurious residences, the marina real estate market is witnessing significant growth. Investors are recognising the long-term value of these properties, making them a sought-after commodity in the commercial real estate landscape.
Interested parties should reach out to pr@Theslatephuket.com
