For Lease

Patong Boutique Hotel By The Sea

Patong · Ref: PB-0416

Asking Price ฿9,700,000

39 Bedrooms

42 Bathrooms

1100 m² Area

1 Parking

2000 m² Plot Size

Description

Patong Boutique hotel by the sea in Patong Beach has an outdoor swimming pool and 39 rooms with spa and massage.

Guest rooms come with a flat-screen TV with cable channels, fridge, an electric tea pot, a shower and a desk. Some rooms also feature a sea view.

The lease contract has 8 years left and has a 1-hand option to renew again for a 9 year period. Rental is set to 300,000 a month but may increase with max 10% every 3rd year.

The beach is just across the street from this business with walking traffic all day.

Nearby: Phuket Simon Cabaret is 2.1 km away, Banzaan Fresh Market is 2 km away. Phuket Airport is 45 minutes from the property.

Facts:To buy this business: 9,700,000 THBRental per month: 300,000 THBSecurity Deposit: 1,250,000 THB (Refundable when lease ends)Rooms: 39Pool: Yes, Restaurant: Yes, Spa: Yes, Lift: No