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Modern Boutique Hotel With Pool And Restaurant For Sale

Patong, Phuket, Thailand
Asking Price:
$160,000 (USD)
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

The Modern Boutique Hotel with Pool and Restaurant conveniently located just 350 meters from the beach in the heart of Patong city.

The property offers 54 modern designed rooms, fully furnished with ensuite bathroom, balcony, etc.

In addition, on the ground there is a lovely pool where guest can enjoy the sun, restaurant area, lobby/reception.

The lift gives access to all floor, also a fitness area for guest’s convenient.

The property is linked to the most online important travel agency with a great score.

Asking price: 5,000,000 THB
Security deposit: 1,500,000 THB refundable at the end of the contract
Rent: 750,000 THB per month (rent increase every 3 years)
Contract: 3+3+3 years (9 years)

The images are provided for illustrative purposes only and do not concern the current business. We provide to give the location, name only by appointment with one of our agents.

Property Information

Real Estate:

Lease

Lease Terms:

Contract: 3+3+3 years (9 years)

Leasehold Rent:

$290,000 (USD) per annum

Location:

conveniently located just 350 meters from the beach in the heart of Patong city.

Business Operation

Expansion Potential:

tour boots, sign contract with a tour operator, food delivery

Reasons for selling:

the owner uses this property as a pure investment, they are involved in other businesses

Contact Siam Expat Property

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