Boutique Hotel for sale in Patong
FOR SALE, Charming boutique hotel for sale in Patong, Phuket. The property is to be sold as a company plus asset sale.
Only 10 minutes away from the center of Patong Beach. The surroundings of the hotel are very calm and the close neighbourhood comprises residential properties and a few resorts.
Many of the residents of this area actually come to the hotel’s restaurant, for his French and traditional Thai cuisine are very popular in the area.
Featuring 65 rooms or 2-bedroom apartments, the hotel was constructed 10 years ago and, since then, has been very well maintained & managed. Hence the hotel already has good occupancy rates.
The hotel is built on a 3700m² land with a Chanote title. It comprises 41 rooms, and 24 2-bedroom apartments. Out of the 65 keys in total, there are 29 standard rooms of 24m², 12 1-bedroom apartments of 48m² with a living room.
All bedrooms and 1-bedroom apartment are equipped with air conditioning, hot water, fans, safety box, mini-bar and satellite TV.
The remaining 24 2-bedrooms apartments are managed by the hotel with a commission of 15% per night. These rooms have been sold as leashold after the construction of the hotel, and they will return to the hotel in 20 years time.
Viewings are strictly by appointment. The hotel turnover is confidential and will be disclosed exclusively during the property inspection. The Hotel’s asking price is 145,000,000 million Bahts.
Hotel’s main facilities:
- - A large swimming pool,
- - Popular restaurant with 80 dining seats,
- - Bar and pool bar,
- - 29 standard rooms,
- - 12 one-bedroom apartments,
- - 24 two-bedroom apartments.
Inquire about this hotel: for more information, or to arrange a visit of the property, please use the ‘Request Details’ form in the right sidebar of this page.