PK05605tma - Currently going through an expansion, this 70-room hotel will soon be 155 rooms with an additional 80 rooms already planned with foundations set making a total of 235 3-4 star 42 square meter rooms. This property is located about 400 meters in from Patong Beach, the prime beach in Phuket and is a total of 1.5 acres with the land valued at US$3.75 million. There is a huge pool and a big restaurant as well as retail space that produces US$120,000 a year in income. The current expansion
will be finished in about June 15, 2005 and the third phase of 80 rooms could be completed afterward. The hotel has been operating for three years already and has had an average occupancy rate of approximately 60% year round with an average room rate of US$45 per night. During this time, however, there was no swimming pool which kept the rates lower than average. A rate of US$65-75 is expected after the expansion. The asking price for this property is US$13 million.
Investment 540 M. Baht
Boutique Hotel for Sale Phuket
PK11508DM - This brand new
Boutique Hotel sits on the
hillside overlooking Patong, in Phuket, and sits on land that has
had the rent pre-paid for the next 16 years. The option exists for
an investor to acquire just the building, with total floor space
of 170 square metres, for 66,000,000 baht, with no land rent to
pay for 16 years, or to acquire the land as well for an additional
22,000,000 baht. There are over 20 air-conditioned rooms that are
complete with beautiful teak furniture, balconies with great views
across the bay, ADSL internet connection, satellite television,
fridge, mini-bar and hot water. These rooms bring in, on average,
2,000 baht per night each (rates vary between 1,000 baht and 3,000
baht depending on season). Facilities include a beautiful
landscaped swimming pool, again with great views, tropical
gardens, a beauty salon, a 60 seat restaurant with a large fully
equipped kitchen, a roof-top bar restaurant with seating for 200
(served by dumb waiter from the downstairs kitchen) and nightly
entertainment, and there is also extra available space on the roof
for the addition of a spa. The hotel is functioning, with a web
site, and there are 19 employees commanding a total monthly salary
of 120,000 baht; the hotel also has underground staff housing. The
owner will give detailed early financial results and forecasts to
interested parties.
Investment 66 M. Baht
Phuket Boutique Resort for Sale
PK01549 ps - This superb 5 star resort is located in the tranquil leaf of Kamala, a 20 minute drive from Phuket international airport, Kamala Beach is just a 2 minute drive. 14 spacious room's all with seaviews are furnished to the highest standards. Surrounding the 200 metre swimming pool you can enjoy a relaxing steam / sauna or massage. For the more energetic there is a fully equiped gym.
Investment
65 M. Baht
Phuket Boutique Resort for Sale
PK01533 ps - This 46 room beautiful Boutique Resort is centrally located in the heart of Patong Beach. The resort has a superb combination of location, price and service, its architecture and design in a complete harmony with the landscaped unique style.
Investment
117 M. Baht
Resort for Sale Phuket
PK11279 - This three year old Resort in Karon, Phuket, has 45 rooms, 16 of which are standard, 20 are superior, six are deluxe and there are also three family rooms. Therefore the business aims to cater to all tastes. There is a swimming pool, a poolside bar and a Jacuzzi, and the resort sits on two rai of freehold land. All rooms have air conditioning, balconies, satellite television, hot water, mini bar, refrigerator and safety deposit box. Sitting in a great location, in between Karon and Kata, the business is only five minutes walk from Karon beach and eight minutes walk from Kata
beach. Room rates vary from 700 baht in low season for a standard
room, to 2,800 baht in high season for a family room. Annual
receipts of approximately 8,000,000 baht are producing profits of
4,000,000 baht. You can invest here and acquire the property
(worth 27,000,000 baht) and freehold land (valued at 8,000,000
baht), with only 10 per cent required as an initial investment,
and the balance payable with owner financing.
Investment 50 M. Baht
Resort Hotel for Sale Phuket
PK11277 - Located only two minutes from Patong Beach, this Phuket Resort Hotel incorporates the use of contemporary architecture to blend in with the beautiful and natural environment. There are 23 bungalow style rooms, 12 superior rooms, and all have air-conditioning, satellite television, direct dial telephone, internet access, mini-bar and hot water. A restaurant, coffee shop, swimming pool, poolside bar and Jacuzzi enhance each client's relaxation. The resort is bordered by a natural forest, and guests can capture a back to nature feeling, in their own private tropical paradise, while being in the immediate vicinity of all the attractions that Patong can offer. A short stroll reveals not only the beach, but bars, discotheques, restaurants and shops; for guests who don't enjoy the short walk, a free shuttle bus is provided. Only opened in 1998, the enterprise is in prime condition, and makes profits of 7,125,000 baht per annum, from receipts of 11,000,000 baht. The owner is relocating to another province, and is leaving behind a freehold building and land package have been valued at 90,000,000 baht, which alone is worth more than the asking price. In addition, the owner is willing to accept only 10 per cent of the asking price as an initial investment, with owner financing for the balance.
Investment
80 M. Baht
Hotel for Sale Patong Phuket
pPK1928MJ - This stylish high rise Hotel is located within five
minutes walk of the beach and extensive shopping areas in Patong,
Phuket. This large enterprise consists of 17 floors, and
approximately 170 rooms; each room has air-conditioning, mini-bar,
satellite television and private balcony. Three elevators service
all floors, and the hotel also has an outdoor swimming pool, a
fitness centre, a sauna and massage services. There are two
restaurants (with room service) and a state of the art
discotheque. The enterprise is well established, and annual
profits of over 43,000,000 baht are being collected from receipts
of over 53,000,000 baht.
Investment 360 M. Baht
Bungalow Resort for Sale Phuket
PK1670M - This Bungalow Park is located at Kata in Phuket, and
has 20 rooms set on 2.5 rai of landscaped gardens.
Air-conditioning is a feature in 13 of the rooms, the others being
fan cooled, and there is a bar, a restaurant, a Jacuzzi, a massage
corner and a large reception area. There is one vacant rai of land
included, which could be used for further bungalows, or could be
turned into a swimming pool. Seven employees command a total
salary of 35,000 baht per month. Profits of 3 million baht per
annum are being accrued from revenues of 4 million baht. The
business was established three years ago, and although good
results have been garnered, the owner is relocating to Europe.
Therefore this great opportunity is being offered to a smart
entrepreneur who wishes to acquire top Real Estate and a going
concern on Thailand’s premier island resort. Contact Thailand
Business Brokers
for more details.
Investment 40 M. Baht
Phuket Hotel for Sale
PK11223L - Standing on a hillside, this prestigious Phuket
Hotel looks out over the town of Patong and its renowned beach.
The balconies of the luxury rooms have breathtaking vistas, where
guests can sip cocktails as they gaze across the Andaman Sea. A
shuttle service ferries clients into town and back on a regular
basis, but there are enough facilities on site to tempt them to
linger. Apart from a beautiful swimming pool, there is a poolside
bar, seating 30, and satellite television in each room. Customers
can even hire a car or motorcycle from the hotel management, and
tour the island by themselves. Room rates vary from 700 baht per
night up to a maximum rate of 2,400 baht per night. The building
has total floor space of 700 square metres and sits on land
measuring 900 square metres; there are 20 rooms and apartments and
there is room to construct others. This successful business is
raking in receipts of 6,200,000 baht per year, with profits of
approximately 5,000,000 baht. The owner has run the business since
inception four years ago, but now wishes to retire, and relocate.
He is therefore looking for an investor to rent the property on a
three year plus three year lease contract, with rent payable
annually in advance, at a rate of 1,900,000 baht. An additional
requirement is for a lease deposit of 1,000,000 baht, and then the
new owner can immediately start benefiting from the solid customer
base.
Patong Resort Hotel for Sale
pPK1826M - This small Phuket Resort Hotel is one of Patong's
jewels. With 18 rooms set around a swimming pool with hydro
massage, guests are pampered in their own quiet retreat, within
easy reach of central Bangla Road. All rooms are spacious,
elegantly furnished, complete with all mod cons, and offered at
very reasonable rates. The current owner only opened the resort in
2001, and is reluctant to offer the property, but he is moving
back to Europe. The restaurant and bar provide a popular
Mediterranean cuisine and an extensive cocktail selection. The
building and land has been evaluated at 29,000,000 baht, and
annual receipts of 8,000,000 baht are producing profits of
4,000,000 baht. This is your perfect opportunity to relocate to
your own slice of paradise. This is offered at only one times
earnings, excluding the property, which means superb value.
Investment 31 M. Baht
Hotel Patong Phuket for Sale
pPK1595M - A Phuket Hotel situated in the hills with attractive
views over Patong Beach and the Andaman Sea. There are 16 large
air-conditioned rooms with cable television, refrigerator, mini
bar and balcony. A further three apartments with two bedrooms are
also available, and all rooms have sea views from the large
balconies. A solar heating system is in place to provide hot water
for all outlets, and there are three two bedroom apartments. The
complex is very new, completed in 2001, and there are picturesque
gardens with a popular Jacuzzi and an open air bar. Annual
receipts of 3,000,000 baht are producing cash flow of 1,250,000
baht, and the valuable assets involved in this Sale are worth
21,000,000 baht. The owner is leaving as he feels that he has
reached retirement age, consequently this lovely property is
available to an entrepreneur who enjoys island life.
Investment
28 M. Baht
Hotel Patong Phuket for Sale
SOLD PK1609M - Patong
Beach is the setting for this Phuket Hotel, with 14 large rooms
and a restaurant. Sitting only 500 metres from the seafront, this
building is only four years old, and therefore it is well
maintained and in very good condition; there is even a Chanote
freehold title in place. All rooms have air-conditioning,
satellite television, mini-bar and bathroom, and the restaurant
can seat 30. There is a fully equipped kitchen, a big bar and car
parking in front of the premises. The owner is passing on this
business to a new investor as he wishes to return to his homeland
in Europe. The total floor space is 500 square metres, spread over
four storeys.