Great business & investment opportunity on the paradise island of Koh Samui, South Thailand. Dreams Villa is a well known resort on the island which caters for all kinds & has a strong repeat clientele of various nationalities. This unique resort & villas is located in Bophut, a kilometer away from the fisherman's village & Bophut beach, a very popular part of Koh Samui. Walking into an already established business with lots of repeat clientele. We are linked up with Airbnb along with all major OTA's & booking agents on Samui. Our website is www.dreamsvillaresort.com & we have been awarded with the certificate of excellence by trip advisor for the past 6 years.
Selling price = 175,000,000 baht
Total land size = 5.8 rai / 9,280m2 (1 rai = 1,600m2)
Total build size = Approx 3,060m2
Property types = 2 bedroom poolside vila x 10, 3 bedroom villa with private pool x 3, bungalows x 4, snack bar, staff quarters *equivalent size of 2 x 2 bedroom poolside villas.
Year built = 2009 (section 1 & 3)
In 2010 the area where we once hosted weddings (section 2) was built & in 2014 we converted 4 sala type structures which surrounded our bar/bbq area into bungalows. We have recently updated this area (2018) by converting the bbq area into a kitchen & replacing the old kitchen area as a new utility area.
Land title = chanote (freehold) *all properties come with their own registration books (taabian ban) & building permits in the name of our limited company.
The land is walled off in 3 different sections.
Each section has it's own deep well, water tanks & 3 phase electric (section 1 has a 160kva transformer & section 3 has a 90kva transformer)
1st section :
This section has been open for business the past 9 years & contains staff living quarters/utility area (1 building unit), 10 fully furnished semi detached 2 bedroom villas (5 building units) which are set round a large laguna pool with jacuzzi seating area.
This is set within 2 rai / 3,200m2 with lovely surrounding gardens.
There is also a parking area outside with a security box.
Each unit are approximately 250m2 in size, split on 2 levels, meaning each 2 bedroom villa are 125m2, split on 2 levels.
Down stairs each villa has a living room with open plan dining/kitchen area & a downstairs toilet. The living room leads onto the front terrace which is poolside. The front terrace is 6m2 in size & there’s a back terrace which is 9m2. Under the stairs you will find an enclosed storage area.
Upstairs there is 2 double en suite bedrooms. Each en suite bedroom is 24m2 in size plus a balcony which is 5m2.
These villas are perfect for families or couples travelling together - as they are very spacious villas which are suitable for short term or long term holiday lets.
All villas have recently been refurbished & redecorated (December 2017)
2nd section :
This area contains 4 newly built fully furnished garden bungalows with open air showers along with an our snack bar (with pool table) & kitchen area. There is also a large car park area & a small unit which contains ladies & gentlemen's toilets.
This is set within 2 rai /3,200m2 of lush tropical gardens & has space to build more units
Our open air structure which contains a snack bar/kitchen is surrounded by a carp pond & slate waterfall. This area was once used for hosting wedding receptions & in December 2014 we decided to use this area for our snack bar.
Each garden bungalow are 35m2 in size, with open air showers.
These are perfect for couples or young travellers who are on a budget or even for guests looking to stay longterm but happy with accommodation without a kitchen.
3rd section :
This area contains 3 fully furnished villas which have never been let out up & till December 2014 & only lived in by the owners.
Each villa has 4 double en suite bedrooms & a private plunge pool. There is also a large car port for car/motorbike parking for the 3 villas.
This is set within 1.8 rai / 2,880m2 of lush tropical gardens with a large carp pond & stream running through.
Each villa is approximately 450m2 (including balconies & terraces) in size split on 2 levels.
The main living quarters of these villas are upstairs. The upstairs area is approximately 228m2 including a 24m2 pool terrace & a 12m2 back terrace.
There is 3 double en suite bedrooms along with a large open plan living room, dining/kitchen area & toilet. Each en suite bedroom is approx 36m2 & two of them have balconies.
Each plunge pool is accessible from the living room is 5.5m x 3.5m & is 1.6m in depth. They also have a seating area within the pool.
The downstairs area is approximately 236m2.
All 3 of the villas have a 4th bedroom downstairs & a utility room.
One of the villas has a cinema room downstairs along with a bar & seating area. The cinema room is approximately 60m2.
One of the other villas has a gym & a seating area with BBQ. The gym is approximately 87m2. (the gym area is now used as a store area)
& the third villa is left open planned downstairs.
We have recently replaced the roofing on these villas, along with the flooring & ceilings (2017).
Expansion potential :
We started 9 years ago only letting 10 x 2 bedroom poolside villas & added two more villa/room types for our guests to choose from at the end of 2014. We built 4 bungalows which are perfect for couples/young travellers & we have started to let out 2 more villas which have 3 bedrooms with private plunge pools - we do have an option of making these villas into a 4 bedroom villa to rent with the maids quarters downstairs. As we are an already established resort these villas generated bookings straight away & continue to do so.
There is plenty more expansion potential where we built 4 garden bungalows back in 2014 as there is more space to build more in this section of the resort if you wish to do so.
The utility area with upstairs living quarters can be converted into villas or apartments.