Richmond Guesthouse is a practical pick for travelers coming to Koh Phangan mainly for the Full Moon Party. Set in Haad Rin, it puts you in the island’s busiest party area, where the big advantage is simple: you can walk to the beach, bars, and nightlife instead of sorting out late-night transport. That matters most on party nights, when getting around can be more frustrating and more expensive elsewhere on the island. With an 8.8/10 rating from 126 reviews, it also stands out as a well-liked budget option in this part of Koh Phangan.

This is a 2-star guesthouse, so it makes most sense if location matters more to you than resort-style extras. Think short stays, backpacker trips, and groups focused on being near the action rather than spending time at the property. Haad Rin is busier, louder, and more commercial than quieter parts of the island, and that trade-off is especially important around Full Moon dates. If you want calm evenings or a more removed beach stay, look elsewhere. If you want to walk home after a night out, this area works very well.