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Modern Hotel With Pool And Restaurant In Patong For Sale

Patong, Phuket
Asking Price:
$111,000 (USD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

This hotel is located on a busy street in Patong within 5 mins drive to Patong beach, Bangla Road, and Jungceylon. It features 29 rooms of 3 types, each room being larger than average. Every room has a balcony, air-con, flatscreen TV, fitted wardrobes. The property has a large reception area, bar, restaurant, outside dining terrace, swimming pool, lift to all floors, large storage room, laundry room, kitchen office, large roof area, and parking to the front. It comes with a 4m capital Thai company, operating licenses, and experienced staff. The business is linked to all OTA travel websites and has a online system to manage everything. The whole property has been recently renovated with all new furniture, mattresses, bed linen etc. This is a turnkey business and is ideal for a first time business owner to take over and operate. The terms are as follows;

- 3,495,000THB to buy this business.
- 250,000THB rent per month paid every month in advance.
- 500,000THB security deposit.
- 3+3+3 year contract.
- Includes Thai company and all operating licenses.

Note: Aqua Property Group are the SOLE AGENTS of this business. We welcome inquiries from other agents. 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.

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