Deposit Taken

Modern 84 Room Hotel

Patong · Ref: PB-0402

Asking Price ฿12,000,000

84 Bedrooms

86 Bathrooms

2018 Year Built

Description

Modern 84 room hotel with an outdoor swimming pool, free private parking, a shared lounge and a terrace. This 4-star hotel offers a shared kitchen and room service. Guests can make use of a bar.

The hotel will provide guests with air-conditioned rooms with a wardrobe, a kettle, a safety deposit box, a flat-screen TV, a balcony and a private bathroom with a shower.

The hotel was renovated in the summer of 2023, air-conditioned, bedding and mattresses have been updated. The property was completely rebranded with new signs and marketing materials.

The property is listed on the major Online Travel Agencies (OTAs) and has contracts with tour operators such as Fun & Sun, Pegas, etc.

Facts:Asking price: 12,000,000 THBSecurity deposit: 1,000,000 THB (refundable at the end of the contract)Rent: 1,500,000 THB/month from November to FebruaryRent: 800,000 THB/month from March to OctoberContract: 8.5 years left with option to renewLift: Yes

Also for sale as freehold at 290,000,000 THB.