Beautiful, Seaside Hotel from 26 MB to 19.8 MB SALE-HEAVILY DISCOUNTED Prime, Affordable Real Estate Investment & On-going Commercial Opportunity!
Modern, Beautiful, Seaside Boutique Hotel and Service apartment for SALE-HEAVILY DISCOUNTED
from 26 million to 19.8 million Baht Prime, Affordable Real Estate Investment & On-going
Beautiful, Seaside Boutique hotel and Service apartment for SALE. Located in a bustling precinct
of Jomtien Beach, Pattaya, amidst famous seafood restaurants and the Seaside just only 50m
11 fully furnished, designer Suites with ensuite, in a 5-storey, newly renovated (in Feb 2014) seaside building. Total space: 560.00 SQ.M.
The building and Suite style is Modern, Luxury, Contemporary. Decoration with Real wood for warm and cozy and Real Hand-made Thai rattan style, Furniture and fittings include…
40” LED flat screen TVs, Smartphone docks, Fridge, Mini-kitchens (inc. utensils, dishes, microwave), safety deposit box, electric iron & ironing board, stereo system, designer armchair, private balcony, premium mattress, bed sheets and pillows, blackout curtains.
See attached actual hotel pics, location maps, and Suite floor plans.
Further to 11 Suites, hotel space highlights include: reception area, hotel office, skylight, outdoor garden, staff quarte40”rs, roof top sun deck and Jacuzzi.
Modern systems include: hotel wide WIFI in every room, remote security cameras and Suite electronic key card locks.
On-going, successful and new seaside boutique hotel over 5 years;
* Opened in Aug 2009, renovated in 2011 & 2014.
Well established boutique brand and developed international on-line marketing and sales channels with bookings made in advance and pre-paid through…
* Asiarooms.com & Laterooms
* Wotif.com, Latestays & Expedia.com
* Ctrip.com (China’s largest hotel booking site)
* and affiliated bookings sites plus local channels such as Thai Visa.com
Occupancy statistics …
* Historic peak period: Oct - April, 80-100% occupancy
* Historic off-peak period: May - Sept, 50-70% occupancy
* Documentation for setting seasonal room prices to maximise occupancy is available
4 Full time, dedicated staff already in place.
* On-site Hotel manager & Managers assistant
* On-site building maintenance, plumbing & electrical contractor x1
* On-site Hotel manager’s assistant x1
* Off-site housekeeping x1
* Historic Net Income Yield: 7% /annum (ave. over 2009 – 14)
* Historic Property Capital Appreciation: 49% /annum (ave. based on yearly mkt valuations)
Asking Price: HEAVILY DISCOUNTED from 26 million to 19.8 million Baht!
Schedule your on-site inspection by calling Khun Marin + 668 -1984 – 8087 and + 668 -3893 – 2782 (Mobile, LINE) or email: email@example.com