Property Type: Hotel / Guesthouse
Number of Bedrooms: 20
Number of Bahtrooms: 20
Furnished: Fully Furnished
Property Size: --
Land Size: --
Centrally located at good location in Patong on main road, a well managed hotel featuring 61 rooms, restaurant and coffee shop, swimming pool, tour shop, lifts, parking etc is available for sale. Rooms come with private balcony, is situated close to restaurants and a vibrant nightlife. The hotel is about 5 minutes walk from Jungceylone Shopping Mall and 10-12 minutes walk or 5 minutes ride to Patong Beach. Featuring warm colours and a cosy atmosphere, air-conditioned rooms at the hotel are fitted with tiled flooring. Each room offers a flat-screen TV and a minibar. The Hotel has a website with running contracts with travel agencies and is listed on all major OTAs.
The owner is selling on following terms:
Business Price is 2.5 Million THB (The price has been reduced from 6 Million for quick sale)
1 Million THB
Low season rent 1 May – 31 Oct: 350,000Baht three months in advance
High season rent 1 Nov – 30 Apr: 450,000Baht three months in advance
Contract: 3+3+3 years Lease started on 1 November 2017
The price INCLUDED: Thai Company Limited (1 work permit), ALL operating licenses, POS offline machine (deposit 300,000 THB), electricity meter deposit (120,000 THB).