Smart Apartment Hotel For Sale
Location Thailand
Asking Price Range < $250K
Gross Revenues $40000
Net Profit / Cash Flow $23000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1999
Number of Employees 1 - 3
Inventory 10000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Full legal support and training.
Reason for Sale Retirement.
Description FREEHOLD 25,000,000 Thai Baht ($75,000 USD). This is a solid opportunity to own a smart Apartment Hotel in the fast developing Jungceylon Area of Phuket in what is soon to be the main road in Patong. There are 6 apartments, each with a king sized bed, sitting area, modern European style kitchenette, minibar, aircon, UBC TV and ADSL internet and a large bathroom with h/c water. All the rooms are clean and comfortable and there is also 2 bedroom accommodation for you. The building was completed to the highest European standards, even utilising special cooling bricks that will keep down the air-con bills. There is a very smart bar / restaurant seating 25 and the purchase price includes a Thai company and a work permit plus licenses for alcohol and tobacco sales. Contact for more information on this Apartment Hotel for sale.
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