Koh Lanta Rental Villas

Koh Lanta Rental Villas  For Sale at 12,500,000 THB  - Done Deal
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Business Details:

Five contemporary, tropically designed and newly completed rental villas; all set within a mature tropical garden less than a minute’s walk from one of Koh Lanta’s Long Beach.

Each of the five properties has two full bedrooms and a bathroom, as well as a high ceiling in the open plan kitchen/living area. All the five properties are fully furnished and equipped and completely ready to start renting out to holiday guests. A sixth house for staff accomodation is also present on the site.

The villas share 1,200 sqm plot of land, which also has a swimming pool for the sole use of the villas.

Not only are these Koh Lanta properties close to a fantastic beach; this is also a peaceful area. Even through you are easy walking distance to a huge variety of restaurants, bars & shops that this area has to offer.

The rental market in Koh Lanta is booming, and this is a great opportunity to benefit with this turn-key business.

Current income is 1.5M THB per year. This could easily rise to 2M THB if more focus was given to the summer season.

The entire rental villa business includes; the rental of the land, the five fully equipped villas and the swimming pool is available for purchase for 12.5M THB. There is space for a further villa if required.

This includes a very desirable, extremely long lease of 22 years with an annual rent of only 250,000 THB. Due to the length of the lease; it would be possible to easily build up the business and resell at a later stage, still with a long enough lease to be interesting to future investors.

There have also been plans drawn up for the construction of a two-storey building of 6 apartments on the remaining vacant land. These can be supplied with the purchase of the business. This would of course, allow the growth of the business at a later stage.

Ref: DD1031
Location: Koh Lanta
Province: Krabi
Tenure: Leasehold
Sale Price: 12,500,000 THB
Rent Cost: 250,000 THB
Rent Period: Yearly
Baths: 4
Rooms: 10
Land Wah: 300
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