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73 Rooms Hotel In Krabi Thailand
Location Thailand
Asking Price Range $5.0M - $10.0M
Gross Revenues $2000000
Net Profit / Cash Flow $1000000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1999
Number of Employees 50 - 99
Relocatable Not Disclosed
Number of Employees 50 - 99
Real Estate Owned
Description The property is a 3-star hotel for sale, on 1.58 acres (about 4 Thai ray). The first units were built starting from 1997. New buildings were added and completed in 2001. About 25 two-story cottages, with 2- 4 rooms each, in a tropical garden.
Location: The resort is located off a quiet road in Krabi Muang zone, Thailand, within walking distance from two large beaches. There are hundreds of tropical (national park property protected) islands that can be visited within less than an hour by boat, which are some of the biggest attractions of this area. This location has seen a huge development in the last 10 years. A new airport was built in Krabi in 2003 and was soon expanded to host international flights in 2005. This is a paradise on our planet, and one of the most beautiful places in Thailand.
Land: The property is 1.58 acres (about 4 Thai ray). Jungle vegetation is visible in our gardens since we protected our trees and palms during and after the construction. We house a variety of tropical plants, including banana trees and orchids of many kinds. Everything as stated on the Title Deed (Chanotte Ti Din ).
Rooms: 77 rooms, with air conditioning, TV-double DVD- satellite, fridge, mini-bar, fan, hot water and telephone.
Service: Two swimming pools and Jacuzzi (all wireless fast Internet connection served), two bars (all wireless fast Internet connection served), restaurant with terraces 60 sets and full equipped kitchen, snooker.
Documents available: Hotel Certificate, Environment Certificate, Property Chanotte Ti Dinand (Title Deed) Lay-Out, Property Appraisal, Company Title Deed.
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