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Exquisite First Gallery Boutique Beach Resort Koh Samui For Sale

Koh Samui, Surat Thani, Thailand
Asking Price:
$875,000 (USD) Furniture / Fixtures included
Sales Revenue:
$575,000 (USD)
Cash Flow:
$250K - $500K (USD)

Located 2 min walking from the beautiful Mae Nam beach, the view over Koh Panghan offer a delightful and tropical scenery.

9 very Private Pool and garden suite resort’s villas on sale. Located 50 meters walking from the beautiful and quietest area of Mae Nam beach, with an exceptional view over Koh Phangan offer a delightful and tropical sea scenery with a wonderful bay.

- 3 duplex pool and garden suite villas with kitchen and large sofa bed in lounge. The villa can be converted in 2 bedrooms at guests wishes.
- 6 single floor private pool and garden suite villas 1 Master king size bed and a sofa bed in lounge corner area.
- Land Rental fee including taxes to be paid annually now at 650.000 Bth, paid till April 2022
- Our Boutique Resort is under leasehold government’s registered rental contract till April 2044.
- 23 years are then remaining within the lease hold contract.

Investment funds should be back after 2 years of operation when Covid policy easing under a simple ownership management

Buildings assets have been built and therefore owned by the Khwan Beach Resort co. Ltd, construction and set up value with common areas and gardens was over 1,3 Million usd

We are one of the leading few high end boutique resorts on Koh Samui, a very special Art gallery concept which run over 80% of occupancy between June 2018 and July 2019, before low season and then Covid.

Our notes are amongst the best in Koh Samui and very high on all OTAS sites. The villas’ resort has operated 3, then 6, then a total of 9 villas since 15th Feb 2015, it is fully operational since 2017.

The deal including 1 company and a channel manager including PMS for easy management.

The hotel license is obtained, valid and fee + taxes already paid for 2021. Up to 3 or 4 potential foreign work permits can be used if wished since the capital is over 4 Million Bath. The 9 villas can be operated depending on management targets at very low costs with 3 to 5 staff. 2 House keepers, 1 receptionist, 1 part time gardener, 1 part time handy man, one part time accountant.

contact us by filling the form given below.

Property Information

Real Estate:

Lease

Lease Terms:

till 2044 April,

Leasehold Rent:

$20 (USD) per annum

Location:

North of Koh Samui, Thailand

Premises Details:

Beach side

Business Operation

Expansion Potential:

can rent other adjacent land enough for 20 to 30 units

Reasons for selling:

retirement

Employees:
7
Years established:
2015

Other Information

Support & training:

stay up to 2 months for training passing over administration

Furniture / Fixtures value:
$200,000 (USD) - included in the asking price
Website:
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Related Documents:

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