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Guest house For Sale with generation income 1,5 M per year

Ad Description

Fully renovated building for sale located only 50 metres to Second Road Pattaya.

The building is about 30 years old but underwent major renovations a few years ago.

Freehold Sale!

The property is situated in a busy area with plenty of foot traffic passing by.

Offered for sale fully furnished Guest House, the current owners have made extensive improvements to the property.

2 Buildings with land size of 21 T.wah or 84 SQM ( each building)

4 and half storeys including 34 rooms for rent upstair with furniture and 2 shops with show window downstair.

34 rooms in total as obtainable income, the current owners are using the top floor as the 'owner accommodation' .

Room rates starts 2,500 - 3,000 Baht (per month)

A good return on investment of 1,5 - 1,7 Million Thai Baht (approximately) each year can be achieved.

Absolute bargain for this quality building in a prized location.

Registered in a thai name with transfer fee at the land office 50/50.

Asking price 23,000,000 Thai Baht (The seller is open for reasonable offer)

Contact us now for more details and arrange an appointment to view.

Tel : 080 222 5010 (Eng) or 0806 831 531( Thai)
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