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Free Rent Until October 2021 For Sale

Patong, Phuket, Thailand
Asking Price:
$98,000 (USD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

This boutique hotel is set in 3200sqm of tropical land high on a hill in Patong. Its just a short drive to Patong Beach, Jungceylon, and Bangla Road. It features 5 guest rooms per floor. All rooms have a balcony, air-con, built-in wardrobes, TV, wifi, en-suite bathroom, with the ground floor rooms having an additional kitchen area. Outside there is the large terrace with a reception, bar, kitchen, dining area. The swimming pool is 10m x 4m with sunbathing decks. From 11am the sun is on the pool area all day. There is also a car park, herb garden, tropical garden.

It's been fully renovated and is linked to all OTA travel websites through a channel management system. A Thai company and all operating licenses are included, so you will be buying a fully renovated and licensed turnkey business with complete training on handover. This is a unique property and a great opportunity to operate a great business in a lovely environment in Patong.

- 2,995,000THB to buy this business.

- Security deposit 300,000THB.

- Rent free until 1 October 2021.

- 66,666THB rent per month paid every 6 months in advance starting from 1 October 2021.

- 3+3+3 year contract.

- Thai company and all operating licences included.

- Channel management system included linked to all OTA travel websites.

- Full training provided on handover.

Note: Aqua Property Group are the Sole agents of this business. We welcome inquiries from other agents. Please do not directly approach the owner of this business. The full details of the business will be provided once we have personally met and qualified a potential buyer.

Property Information

Real Estate:

Lease

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