Description This wonderful Resort is located in a prime location, has a modern technical equipment and offers very good occupancy and excellent profits. The plot has an outstanding real beachfront location right on the beach! There is no distracting street between the sea and the resort.
Bullet Points:
1. Purchase Price EURO 15.000.000
2. No Commission Fee for the buyer.
3. Total Rooms, Bungalows and Penthouse Apartment 70 plus
4. Estimated average Profit from Hotel Operation per year EURO 1.3 M to EURO 1.5 M
5. Estimated Return from Operation (GOP : Purchase Price) per year 9% to 10%
6. Estimated rate of Value Increase of the Property per year 5% to 10%
7. Estimated annual Increase of Prices and Room Rates per year 3%
8. Estimated Total Return of Investment per year 19% to 24%
9. Top Location directly at the Beach at one of the most beautiful areas.
10. Booming Tourism Industry in Thailand: Annual Growth about 10% to 20%
11. Excellent Occupancy over the whole Year: 71,4% (2011) 72,4% (2012) 73.3% (2013)
12. The whole Resort was refurbished in 2009.
13. The new main building was finished in spring 2014.
14. Low Expenses for Staff and Operation and high Room Rates.