Modern hotel with 60 rooms within walking distance to Patong beach

Business for Sale

10,000,000THB

1 of 8

Property ID :

B590

Bedrooms

Bathrooms

Description

B590 – The hotel is located within walking distance to Patong. It features 60 rooms, all with en-suite bathroom, balcony, fitted furniture, air-con, TV, and safety box. On the roof is a large swimming pool, sauna, fitness room, and sun bathing terrace. On the ground floor is a spa & massage area, reception, tour desk, lounging areas, restaurant, bar, office, kitchen, lift to all floors, and storage area. This is an established hotel and is in very good condition. The details are as follows;

– 10,000,000THB to buy this business.

– 3+3+3+3 year contract.

– The rent per month is 500,000THB paid every 3 months in advance fixed for 6 years.

– 10% rent increase from year 7.

– 1,000,000THB security deposit.

Note: We are sorry but we do not provide the exact location or financial information of this business by email. This information is available upon a personal inspection with one of our agents.