Boutique Resort Hotel Project In Thailand For Sale

Business description

Project: Resort Boutique Hotel & Spa
Location: Thailand, Phang Nga province, Khao Lak, Bang Niang Beach
Site: all beach view, distance to the beach 80 meter, river border line, Ramada Hotel 150 meter, Mukdara Hotel 300 meter, main street 500 meter, market 500 meter, nearest Golf court 10 km,Phuket Airport 90 km Phuket 90
Size of property: 4 rai 2 ngan 7100m2
Land title: chanot
Buildings: total 6 buildings effective useful construction surface 1600m2
Construction status: finished 90%
Remaining construction time for finishing: 90 to 120 days
Detail of objects: total 27 rooms on four star level, official room rate thb 4800 - 6800 p/night ·
one 4 story building 1 st floor: lobby 30m2 with panoramic glass lift connecting up to the 4th floor, office 8m2, restaurant 250m2 with hotel bar, sales counter, wine cellar, kitchen, ladies & gents rest room, store room 10m2, restaurant out door terrace 130m2 overlooking swimming pool river and Andaman sea
2nd floor: 4 guest rooms 41m2 with bathroom, bath tube, glass shower cabin, private balcony all sea view, one guest room 30m2 bathroom with shower and private balcony sea view
3rd floor: 4 guest rooms with bathroom, bath tube, glass shower cabin, private balcony all sea view 41m2, one massage room (sea view) 30m3
4th floor: 2 guest rooms 36 m2 with bathroom, shower, private balcony, SPA room 30 m2 sea view with Jacuzzi, shower, rest room, steam bath & sauna
four 2 story buildings Each with 4 guest rooms 41m2 with bathroom, bath tube, glass shower cabin, private balcony all sea view, store room 2m2, engineering room 4 m2
one 3 story building 4 double rooms 20m2, with bathroom and shower (head of staff), employees rest room, employees cafeteria, machine room, store room
Swimming pool free size 8x22 meter, including waterfall and Jacuzzi
Supplementary included: Mercedes Mini Bus MD 140, company registration Co. Ltd.
Project value at present stage: thb 112'000'000 (USD 3'393'000)
Project value finished: thb 21'000'000 (USD 636'000)

special sales price at present stage: Present special SALES price THB 98'000'000 (USD 2'970'000)

! Alternative possible partner ship !
Investment THB 21'000'000 = 16 % partnership/shareholder
nvestment THB 66'000'000 = 50 % partnership/shareholder

Property information

Real Estate:

Real Property Included

Living accommodation:

four star level

Location:

Thailand, Phang Nga, Khao Lak, Bang Niang Beach

Premises details:

100 meter from the beach, all beach view, 500 meter from the highway no 4, 500 meter from the market, 10 km from the nearest golf course

Size in square feet:

63900 sf

Other information

Expansion potential:

possible to extend to 40 rooms

Competition / Market:

150 meter from ramada hotel, 250 meter from mukdara hotel

Reasons for selling:

missing budget for finishing

Furniture / Fixtures value:

$100,000 (included in the asking price)

Inventory / Stock value:

$100,000 (included in the asking price)

Related documents:

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• rr1

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