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Small guesthouse hotel. Lease for sale. Koh Lanta, Krabi.

Krabi
07 Mar 2023 : 16:01 pm
ID: 483974

Property Type: Hotel / Guesthouse
Number of Bedrooms: 7
Number of Bahtrooms: 5
Furnished: Fully Furnished
Property Size: 400 Sqm
Land Size: 800 Sqm

Ad Description

Small hotel lease available for sale in Old Town, Koh Lanta. Rent paid until June 2023. There are 8 years left on the existing lease with the opportunity to extend.

The property is available right now, with existing bookings for the 2022/23 season.

The hotel has 4 large air-conditioned rooms with three additional bungalows in the large rear garden. Each of the main rooms are individually decorated and have unique layouts. En suite bathrooms are fitted with hot showers.

The property comes fully furnished, with all towels and bedding. All the existing booking accounts on booking.com, AirBnb, Expedia, TripAdvisor, would be included in the deal. There’s also a multilingual website, email accounts, etc. that would be included.

Since taking on the property 3 years ago, approximately ฿2m has been spent on upgrades in the garden, and to both the interior and exterior of the building. For the right person this is a ready-to-go, turn-key opportunity.

Reason for sale: Keeping the business running during covid with no tourists simply ended up costing too much money.

The property is centrally located in Old Town, on the East side of Koh Lanta on the main road close to many bars and restaurants.

Rent is ฿350,000 per year, payable at the start of June 2023.