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Hotel Patong - 42 rooms - Recently renovated - Sea view - Ideal location
Sale
Hotel
Freehold
Patong Beach, Phuket
Hotel Patong - 42 rooms - Recently renovated - Sea view - Ideal location
THB 140.000.000
( Price only )
- Сonstruction: ready
- Special Price
- Ask for consultation
- Let us to choose the best deal for you!
Overview
Realty:Hotel
Land title:Chanot
Land size:
View:sea view
Land ownership:Freehold
Road cover:Concrete road
Electricity:On poles
Water:
Realty:
Hotel
Land title:
Chanot
Land size:
View:
sea view
Land ownership:
Freehold
Road cover:
Concrete road
Electricity:
On poles
Water:
Land features
Infrastructure
- Electricity on poles
- Concrete road
- Government water
- City center
View
- Sea view
- Jungle view
- Pool view
Construction features
General
- Completed
- Private swimming pool
- Renovated
- Furnished
Engineering & Appliances
- Internet
- Parking
Hotel Patong - 42 rooms - Recently renovated - Sea view - Ideal location
Summary
This building has 42 private rooms with bathrooms and balconies in each room. All rooms are also equipped with TV, safe deposit box and storage space. Most rooms have a double bed, some have two single beds. Rooms can be converted into studios with the addition of fully-equipped small kitchens, in order to optimize rental profitability by increasing rental prices. The first floor features a coworking space, a restaurant with a food business, a reception area and a terrace overlooking one of Patong's main streets. On the rooftop, with its magnificent view over the city, there's a swimming pool, a bar and a gym/crossfit area.
Location
This building is ideally located on Phuket : Patong is the island's most touristic and festive town, ensuring very low vacancy rates all year round. Moreover, the building is located on Sai Gor Road, far enough away from the hustle and bustle and noise of the festivities, but still very close to Patong's main tourist street, Bangla Road (4 minutes' walk). So you're also close to all amenities, but just a 7-8 minute walk from Patong Beach, 2 minutes from the Patong Boxing Stadium, 15 minutes from Phuket's most beautiful beaches (Karon, Kata, Banana Beach, Surin Beach), and 30 minutes from Phuket International Airport.
Ideal customer
1) Investors - Several operating options were studied in our profitability analysis. The most interesting of the options leads to an estimated net profitability of 7.72%. With this option, invest a total operation of 153,331,000 baht (approx. €4.035 million, or approx. $4.447 million) and receive 1.32 million baht gross each month (approx. €35,000, or approx. $38,300). Ideal location for short-term rental or long-term rental, this project will bring in approximately 16 million baht gross per year (approx. €419,000, or approx. $464,000).
Rental management can be delegated to our Fred&Co Phuket agency (details of investment profitability and services on request).
2) Entrepreneurs and hoteliers - This project is ideal for launching a new business, and managing it yourself.
This building has 42 private rooms with bathrooms and balconies in each room. All rooms are also equipped with TV, safe deposit box and storage space. Most rooms have a double bed, some have two single beds. Rooms can be converted into studios with the addition of fully-equipped small kitchens, in order to optimize rental profitability by increasing rental prices. The first floor features a coworking space, a restaurant with a food business, a reception area and a terrace overlooking one of Patong's main streets. On the rooftop, with its magnificent view over the city, there's a swimming pool, a bar and a gym/crossfit area.
Location
This building is ideally located on Phuket : Patong is the island's most touristic and festive town, ensuring very low vacancy rates all year round. Moreover, the building is located on Sai Gor Road, far enough away from the hustle and bustle and noise of the festivities, but still very close to Patong's main tourist street, Bangla Road (4 minutes' walk). So you're also close to all amenities, but just a 7-8 minute walk from Patong Beach, 2 minutes from the Patong Boxing Stadium, 15 minutes from Phuket's most beautiful beaches (Karon, Kata, Banana Beach, Surin Beach), and 30 minutes from Phuket International Airport.
Ideal customer
1) Investors - Several operating options were studied in our profitability analysis. The most interesting of the options leads to an estimated net profitability of 7.72%. With this option, invest a total operation of 153,331,000 baht (approx. €4.035 million, or approx. $4.447 million) and receive 1.32 million baht gross each month (approx. €35,000, or approx. $38,300). Ideal location for short-term rental or long-term rental, this project will bring in approximately 16 million baht gross per year (approx. €419,000, or approx. $464,000).
Rental management can be delegated to our Fred&Co Phuket agency (details of investment profitability and services on request).
2) Entrepreneurs and hoteliers - This project is ideal for launching a new business, and managing it yourself.
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