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Unique 9 Poolvillas Suites Boutique Resort Kohsamui Sale For Sale

Koh Samui, Surat Thani, Thailand
Freehold Price:
$825,000 (USD) Furniture / Fixtures included
Lease Asking Price:
$825,000 (USD) Furniture / Fixtures included
Sales Revenue:
$420,000 (USD)
Cash Flow:
$300,000 (USD)

KHWAN BEACH RESORT is Located 50mtrs from the beautiful Mae Nam beach, the view over Koh Phanghan offer a delightful and tropical scenery.

9 very Private Pool and garden suite resort’s villas on sale.
Sub lease of still 21 years land

- 3 duplex pool and garden suite villas with kitchen and large Queen sofa bed in lounge. The villa can be converted in 2 bedrooms, 2 bathrooms at guests wishes.
- 6 single floor private pool and garden suite villas 1 Master king size bed and a single sofa bed in lounge corner area for a third occupant if wished.
- Land Rental fee including taxes to be paid annually now at 600.000 Bth, paid till April 2024
- Our Boutique Resort is under leasehold government’s registered rental contract till April 2044.
- over 21 years are then remaining within the lease hold contract.
The villas have been built by the resort company so the 9 buildings will be owned by potential buyer and registered by government

Investment funds should be back after 2,5 years of operation since Covid policy eased and under a simple ownership management. Nearly 40% ROI possible under the group management

For info, Constructions and set up added value with common areas and gardens was over 1,3 Million usd

We can assertain now that we are amongst the leading few high end boutique resorts on Koh Samui, a very unique Art gallery concept which run nearly 90 % of occupancy between June 2018 and July 2019, before low season and then Covid. registered August and September October November 2022 showing over 85% to 95% + depending on units Duplex or Pool villas suites. now running from Jan till end April 2023 at 91,3%
Low season May and June should reach over 75%

Our notes on booking.com are amongst the very 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. Photos available and tarif available on booking.com and our own site www.khwanbeachresort .com and instagram, FB

The deal including a channel manager including a PMS for truly easy management and daily check up of bookings and revenues with a password.

The hotel license is obtained, valid and fee + taxes already paid for 2023 .
Up to 2 potential foreign work permits can be used if wished capital set up by the buying co is over 4 Million Bath. The 9 villas can be operated depending on management targets at very low costs with part times jobs and shares of operational costs with the main resort administration 3 House keepers, 2 receptionist + part times, 1 gardener, 1 handy man, one accountant.
We run operational costs for the 9 villas between 350.000 Tbh and we cap the figure at 400.000 Tbh to avoid arguments over new costings decided by our management to interfere with planned net result for the investor, monthly incomes about 1.5 Million Tbh/Month, net without agents commissions and and VAT , that should give an average of about 800.000 Tbh net after operational costs

For more information, please contact us by using the form below.

Property Information

Real Estate:

Available as lease or with real property included

Lease Terms:

Till 2044 April.

Leasehold Rent:

$15 (USD) per annum

Location:

North of Koh Samui, Maenam , great beach Thailand

Premises Details:

50 Mtrs from Beach

Size in square feet:
About 2000 M2

Business Operation

Expansion Potential:

Can rent other adjacent land for 30 years enough for 20 to 30 units for adding buildings

Competition / Market:

rare high occupations rates even after Covid, 20 Mns from airport, few meters from one nicest Samui beach with Koh Phagan view, 7 minutes from the hottest spot on Samui, Fisherman Village

Reasons for selling:

Owner's health and Retirement

Trading hours:

24/7

Employees:
shared as part time 14 staff
Years established:
2015

Other Information

Support & training:

Stay necessary time for training and passing over administration if required and needed

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

50% deposit, 50% over 3 y without interests

Furniture / Fixtures value:
$200,000 (USD) - included in the asking price
Inventory / Stock value:
$70,000 (USD)
Website:
Login or register to view link
Lease asking price:
$825,000 (USD) - Furniture / Fixtures included
Home based:
This business can be run from home.

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