Price: 335,000,000 THB
This is a hotel for sale with 15+ bathrooms and 15+ bedrooms on 9000.00 m2. The area of the land is: 1600.00 m2. This property has the following features:
Furnished,
Appliances,
Pool,
Terrace,
Cable TV,
Internet,
Laundry Room,
Office Room,
Parking,
Mountain View.
The price of this real estate is: 335,000,000 THB.
Resort Patong Beach is the ultimate destination for a relaxing holiday. This chic and stylishly- designed hotel is strategically located at the heart of Patong Beach and is near the hustle and bustle of the shopping and entertainment belt. It is situated within 10 minutes’ walking distance to the beach and is only 45 minutes to Phuket International Airport. This hotel features 129 spacious guestrooms, well-equipped with in-room amenities and services to ensure a most comfortable and enjoyable stay.
The number of tourist increase 25-30% every year and more than 40% of tourist stay in Patong area. Investor can expect high capital growth rate since there is not enough land for hotel development and new main road nearby.
The average net rental yield is around 11-12%.
Occupancy (%) 75
ADR $45
REVPAR $1,589,119
Total Revenue $1,589,119 N/A
NOI $1,430,933
Please contact us for further information!
Property Details
Location |
Patong, TH |
Property type |
Hotel for Sale |
Number of Bedrooms |
15+ |
Number of Bathrooms |
15+ |
Date Posted |
2012-12-07 00:40:08 |
Last Changed |
2011-06-09 00:00:00 |
Built area |
9000.00 m2 |
Land area |
1600.00 m2 |
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