For Sale
Centrally Located Profitable Hotel With Restaurant Patong located within walking distance of the beach and Bangla road on a busy road with a lot of foot traffic.
The property offers 30 fully furnished accommodation ensuite bathrooms, most with balconies. Lift gives access to all floors.
On the ground floor is a large restaurant area, with a fully equipped kitchen, bar, and reception. There is a lot of foot traffic passing in front.
Include a Thai limited company (2 work permit slots) and all operating licenses in the price.
The hotel was completely renovated, and constantly maintained by the current operator who can provide a full list of what has been done with an investment of around 3,5 Million Thai Baht.
Asking price: 3,800,000 THB including a rent deposit of 540,000 THB with the landlord
Security deposit: 1,000,000 THB refundable at the end of the contract
Rent: 200,000 THB/ month to be paid 3 months in advance
Contract: 3+3+3 years (start on 1 July 2021 to 30 September 2030)
Note: availability/details are subject to change without prior notice
The images are provided for illustrative purposes only and do not concern the current business. We provide to give the location, and name only by appointment with one of our agents.