Business for sale in Phuket, Thailand

19 Room Patong Hotel Close to Beach

Excellent business opportunity at Patong Beach, Phuket. If you're dreaming of owning a Phuket hotel at the best location in Patong, then this is for you! 19 rooms all with aircon, safety-box, hot water and 50 channels cable TV. Ground floor consist of reception and a shop that at the moment contains a travel & tour agency with internet cafe with 5 computers. This can easily be converted into a coffe/breakfast shop or whatever you prefer. 5 staff is included and the hotel is ready to run and earn money from day 1. The hotel is only 5 years old and hence in great shape. The hotel is located at a busy soi off the beach road with just a short stroll onto the beach and close walking distance to Bangla Road and all other excitements that Patong has to offer. You can buy it leasehold for 30 years priced at 25 million THB. No monthly charges to pay except water and electricity by meter. This is actually a steal, since most hotels are sold on a lease of 3 years and a heavy increase in rental after every 3 years. Or buy it freehold for 55 million THB.

Property type : Business

Offered for sale at 25000000 THB

Located in Phuket

Size internal 624 sq.m

Property reference : 246

Property marketed by TEN Thai Estate Network

Advertisers reference : TENPTH1