Long Lease Boutique Hotel on the Beach in Vietnam
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  • Long Lease Boutique Hotel on the Beach in Vietnam
For Sale and Rent

Long Lease Boutique Hotel on the Beach in Vietnam

Listing Number:

  • 084-38-07-001

Asking Price:

  • USD 1,200,000

Accommodation Resort
Bình Thuận Province Phan Thiết Mui Ne

Business Details

Company:

  • Yes

Current Staff:

  • 8 Full-Time Salaried

Licenses:

The following licenses are included:
  • Hotel

Accommodation Capacity:

  • 40

Number of Guest Rooms:

  • 10

Average Occupancy:

  • 61 - 70%

Average Monthly Electricity:

  • USD 900

Average Monthly Water:

  • USD 100

Property Details

Tenure:

  • Business Sale and Rent (Leasehold Premises). 50 Year Lease.

Connected Utilities:

  • Power
  • Water
  • Internet

Land Improvements:

  • Livable Dwelling/s
  • Foot Paths
  • Landscaping
  • Fencing

Natural Features:

  • Beach Frontage

Stock:

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

TV:

  • 12 Screen/s. USD 125 per month

Internet:

  • Connected at the cost of USD 50 per month. Wifi Enabled.

Security:

  • USD 0 per month

Price Negotiable:

  • Yes, near offers will be considered

Agent's Comments

This beautiful 10 room resort, with pool and restaurant, is located on the beach at Mui Ni 3 hours North of Ho Chi Minh City. Overlooking the bay, the hotel's rooms consist of 7 superior apartments and 3 deluxe studios. All rooms have ocean or pool views, are air-conditioned and come with king size beds, flat-screen TVs, mini bar, mini-safes and of course full Western standard en-suite bathrooms. Sited close to a lot of local shops, there are many bars and restaurants within a short walk and it is also only a 10-minute drive to Red Sand Dunes, fishing village and the local Ham Tien market. The area is abound with fresh seafood and is a great venue for kite-surfing.

The business has been in operation for about 10 years and is well established. Staff are in place, fully trained and have very good English skills. The staff all provide excellent service and online reviews attest to that. The restaurant currently provides breakfasts to guests daily. The current owners, one of whom has to return to his home country for medical treatment, have not particularly pushed the restaurant business, but agree it has quite a potential to increase revenue in the hands of the right person.

The property also comes with a separate laundry, 1 bedroom Western style manager's flat and also 2 smaller Vietnamese manager's rooms. Chattels are extensive but also include the hotel's motor bike and 7-seat Suzuki van.

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