Hotel for Sale in the Center of Pattaya

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Hotel for Sale in the Center of Pattaya  For Sale at 1,500,000 THB  - Done Deal
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Description
Business Details:

The property features:

  • 19 fully functional rooms, ideal for short- or long-term stays. We are renting the rooms around 500-800 baht per day. 
  • 2 commercial spaces, strategically located close to markets and Walking Street, offering high foot traffic and visibility for businesses. Note: Our commercial spaces are currently rented by massage and cannabis shops and we get a profit of 47,000 baht/month. They pay for electricity and water separately. 

The asking price for this property is 1.2 million baht as key money and the monthly rental is 115,000 baht/month. This is a leasehold business with a deed of lease with the right to renewal and is registered under a company.  Its prime location ensures consistent rental demand and a strong potential for revenue generation.

Reason for selling: We need capital to start our business in our country.


Property Details:

More details on this link: 

https://drive.google.com/file/d/1qsF5vRwekzcNTiKBjkccndaaxo9ZmA78/view?usp=drive_link


Staff Details:

1 regular staff and 1 cleaning lady


License Details:

License exempted


Sharehold Structure:

under registered company with foreigner


Ref: DD1120
Location: Central Pattaya
Province: Chon Buri
Company Type: Thai Ltd, Foreign owned
Type: Hotel / Guesthouse
Tenure: Leasehold
Finances
Sale Price: 1,500,000 THB
Revenue: 2,500,000 THB
Profit: 390,000 THB
Inventory Value: 20,000 THB
Rent Cost: 115,000 THB
Rent Period: Monthly
Keymoney Cost: 1,200,000 THB
Keymoney: Other
Keymoney Notes: One time when take over
Security Deposit: 0 THB
Utility Cost: 40,000 THB
Average Occupancy: 90
Seller Finance: none
Features
City Center
Fixtures & Fittings
Website With Booking Platform
Details
Beds: 19
Baths: 19
Floors: 5
Rooms: 19
Seats: 19
Building Sqm: 500
Land Wah: 300
Open Days: everyday
Open Hours: 24/7
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