01 -
Add sugar and water to a medium pot and heat on medium. Stir constantly so sugar melts, then leave to bubble until it turns a rich amber shade, about 8-10 minutes.
02 -
Pour caramel into a 9-inch circular dish and gently tilt it so the base is fully covered. Let it sit to cool down.
03 -
Blend coconut milk, condensed milk, sugar, eggs, salt, and vanilla until smooth and combined.
04 -
Pass the custard through a fine sieve into the dish with the caramel. This gives a silkier texture.
05 -
Heat oven to 350°F. Place the dish holding the flan into a bigger pan, then add hot water to the bigger pan until it comes halfway up the sides.
06 -
Let it bake for 45-50 minutes. It's done when a knife comes out clean after being poked in.
07 -
Let it sit in the water bath for half an hour to cool. Then cover and chill in the fridge for at least 3 hours, or better, overnight.
08 -
Run your knife around the flan's edges. Flip it onto a plate and let the caramel layer drip over.