Freehold Resort Close to the Beach in Hua Hin
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  • Freehold Resort Close to the Beach in Hua Hin
For Sale

Freehold Resort Close to the Beach in Hua Hin

Listing Number:

  • 066-50-07-141

Asking Price:

  • ฿ 150,000,000

Accommodation Hotel
Thailand Prachuap Khiri Khan Hua Hin

Business Details

Company:

  • This business is operated through a company that is not for sale, but the owner does have a company with THB 2 Mil capitalization available for transfer if required

Current Staff:

  • 6 Full-Time Salaried

Licenses:

The following licenses are included:
  • Food
  • Alcohol

Accommodation Capacity:

  • 65

Number of Guest Rooms:

  • 22

About Rooms:

  • Description: Studio
  • Quantity: 8
  • Description: One-Bedroom Apartment
  • Quantity: 8
  • Description: Deluxe Hotel Room
  • Quantity: 6

Average Occupancy:

  • 41 - 50%

Property Details

Transfer Fees:

  • Apply and will be paid by the Buyer and Seller (Divided Equally)

Land Size:

  • 1,393m2

Connected Utilities:

  • Power
  • Water
  • Internet

Land Improvements:

  • Landscaping
  • Livable Dwelling/s

Rental Encumbrances:

  • Some of the property is leased or sub-leased

Other Encumbrances:

  • The owners have rented the 2nd floor of the reception as an office on a rental return of THB 50,000 per month

Stock:

  • Stock at the time of settlement is Included in the asking price

Price Negotiable:

  • Yes, near offers will be considered

Agent's Comments

With a very strong family based clientele from Europe, particularly Russia, this resort is expanding its facilities to cater for demand. Typically, their Russian guests stay for one to three months. Being very close to the beach (about 50m) and also having a swimming pool, modern and spacious rooms, restaurant and bar, games room and a children's play area all contribute to the resorts appeal and success. The restaurant caters for about 100 covers and there is a lovely outdoor under-cover BBQ and grill area for guests to enjoy. The multi-faceted rooms are designed to be configured for one, two or three bedroom apartment living, facilitating either an intimate abode for one, two or the social engagement of all family members. All rooms feature amenities like room safe, hair-dryers, WIFI, tea and coffee making facilities, LCD TV, iron and ironing board, balconies/terraces, a fully stocked mini-bar and more. There are three separate buildings on the 1,393m2 plot (held under three titles) and private parking is available. Monkey Mountain, Nava Vana Water Jungle, Bluport Hua Hin and The Hua Hin Market Village are all nearby.