Eriksson set for Samui  

In a further boost to Thai island Koh Samui's international profile it was announced last week that ex-England manager Sven Goran Eriksson has invested there. Speaking exclusively to APR he outlined the reasons behind his purchase in the Peregrina Bay development. I was contacted five or six months ago by Jem (Sanders, one of the partners in developer Jemro Development Co,. Ltd) asking if I was interested to promote it and Lans (Sternmarker) my agent went down to see the place and said it was beautiful so I said OK, I'm happy to do that, he said, speaking in Bangkok this week.

Eriksson has bought a 400 sqm penthouse in the development which will have six villas and six condominium units when complete and is located in Laem Set on the island's secluded south east coast.

The natural topography of the site is very good. It's at the end of the beachfront, It's very low density and has a great view out over nearby islands, Robert Collins of Peregrina Bay's agents Savills said. Having an interesting first buyer also really helps put the project on the map.

I have a lot of houses but not in countries where the weather is as good as it is here in the European winter, so I always thought about buying a place somewhere in the world where you can spend the winter months, especially when I retire from football, Eriksson said.

Actors, sportsmen and sportswomen invest in property in places like this. I'm sure they do it because it's a good investment. Normally people who are famous, for whatever reason, don't want to go on holiday to crowded places, so this is a perfect place, he continued.

The projects first launch exhibition is scheduled to take place at the Mandarin Oriental in early November.


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