Boutique Resort

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Boutique Resort  For Sale at 4,300,000 THB  - Done Deal
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Description
Business Details:

Located in the Long Beach area of Koh Lanta, on the popular West Coast – this well-established and recognized small boutique guesthouse/resort of 9 concrete bungalow-type rooms (up to 20 guests per night) is available for purchase.

This resort was opened in 2008, with 6 newly constructed air-conditioned bungalows, following the success of these an additional 3 rooms and a 10 x 5m swimming pool were added.

The room types are varied, all air-conditioned and fully furnished, with 6 having a satellite receiver, TV & DVD. Most of the ten rooms are between 28 – 33 sqm, and would include a bedroom, bathroom and terrace. This is one family room of 92 sqm, which also includes a fully equipped kitchen.

This popular resort has its own water supply via a private well, as well as a private electricity supply.

This boutique resort is very highly ranked on Tripadvisor, with excellent reviews, and has agency deals in place with all top travel agencies such as Agoda etc.

The business itself is extremely strong, currently running & open and generating a healthy profit.

The current land size is 2 rai (3,200 sqm); whereas 1.5 rai is currently utilized, leaving an additional 0.5 rai for future expansion of additional bungalows.

This is an exceptional business investment, with very solid returns – This is available to purchase for 4.3m Thai Baht, which includes all bungalows, transfer of the lease and fixtures, fittings and ancillary equipment.

There are 3 years remaining on the land lease, two of which are pre-paid. There is the option to renew for at least 5 more years. The third remaining annual rental will be 370K THB.


Ref: DD1062
Location: Koh Lanta
Province: Krabi
Type: Hotel / Guesthouse
Tenure: Leasehold
Finances
Sale Price: 4,300,000 THB
Rent Cost: 370,000 THB
Rent Period: Yearly
Features
Regular Clientele
Air Conditioning
Swimming Pool
Fixtures & Fittings
Details
Beds: 10
Baths: 10
Rooms: 9
Land Wah: 800
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