Profitable Freehold Boutique Hotel in Srithanu, Koh Phangan
Listing No. 066-67-05-023
• Business: Hotel
• Location: Srithanu, Koh Phangan, Thailand
• Features: This beautiful 2-storey boutique style hotel with sea views is located on the popular island of Koh Phangan, Thailand. Only 100m from the beachfront and 2 minutes from some of the island’s famous yoga resorts and vegan/vegetarian restaurants. It’s also only 15 minutes from the main ferry port and very popular nightly food markets in Thongsala. The style of the hotel is very European in its décor and management style. It is in the top 10 of hotels in Koh Phangan and has a rating of 9.5 out of 10 on booking.
There are 8 Deluxe Rooms rooms, each with elegant king size beds, private balconies, flat screen TV, dressing table and mirror, Western style bathroom, hot water shower, air-conditioning, fan, refrigerator and mini-bar, Wi-Fi internet connection, safety deposit box and a fully equipped communal kitchen for customers. The restaurant and bar can accommodate 20-30 diners and proves to be very popular for its vegetarian/vegan healthy options breakfast and brunch menu.
The basement laundry room can facilitate all requirements for the hotel and guests and there is accommodation onsite for 2 workers.
This is a highly successful turn-key business ready to be taken over by a motivated individual or couple willing to maintain the high service level the customer has become accustomed. This property and business comes with a fully registered Thai company (DBD) suitable for business VISA application and 2 foreigner working permits, and a reliable accountant and lawyer.
They have recently been given planning permission to build a 3rd level with an additional 4 guest rooms. This floor would have amazing, unobstructed sunset and sea views. The additional floor would add another 100m2 to the usable area.
The owner has kept a very well documented financial history to view following a property inspection.
• Tenure: Business for Sale (Freehold Property)
• Asking Price: THB 9,000,000
• More Information: Please contact us for more information (we require your name, phone number and e-mail address)
Video courtesy of ABN-AMRO