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16 Room guesthouse freehold property at top Thappraya location

  • Property Type: Hotel / Guesthouse
  • Number of Bedrooms: 14
  • Number of Bahtrooms: 15
  • Furnished: Fully Furnished
  • Property Size: 450 Sqm
  • Land Size: 640 Sqm

Ad Description

Here in brief the advantages of this property:
- This is a freehold property
- 16 rooms, 14 fully equipped, spacious guest rooms
- 640 m2 plot in a prime location, very central yet quiet
- Size and location are suitable to one day build a brand-new high earning project
- Through inexpensive additional purchase, interesting expansion options are given
- Financing the property while you earn can be discussed
The property consists of two houses built on 640 m2 plots. There are a total of 16 Rooms. 5 guest-rooms with terrace, 5 guest rooms with balcony, 4 rooms without balcony and terrace, one commercial room - currently rented out as a beauty-salon business, plus one staff-room.
Each of the 14 guest-rooms has its own bathroom, air conditioner, hot water, TV and fridge.
The rooms are not modern but spacious, quiet and well-built and are all operational.
There is Wi-Fi available from all the guest-rooms. There are 20 walled-in safety deposit boxes and 6 CCTV cameras on the premises. A 50.000 liter underground water tank is fed by rain- and city-water, thus keeping water costs low. Two car parks and plenty of motorbike parking plus storage area is there as well.
An adjacent plot of 200 m2 (exact extension of the offered property) can be purchased fur just 2,4 Million Baht which offers plenty of opportunities. A contract for the usage of the adjacent pool can be made (pool not included with the offered property). Another additional plot of totally 604 m2 (pool, Salas, apartments) - so a total of 1.204 m2 - could be purchased for a total of 16 Million Baht.
If you think long-term, this property definitely is attractive. The seller is 77 years old now …
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Located in a quiet residential neighborhood, the property is a good stone throw from Thappraya road, the main artery connecting Pattaya and Jomtien. That`s a top location with the 24hrs Baht bus route just a minute away.
Five minutes to vibrant South-Pattaya/walking street and the same time to Jomtien bathing beaches and all the restaurants and entertainment. Even less to the airport bus and Thepprasit road bringing you to all desired directions.

the property can be financed, so be purchased in the form of hire purchase. While you are already earning money, you can pay off the installments. Of course, a substantial down payment must be made.
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