Beach road Profitable Hotel for lease Patong

Property ID: HOT297

Bedrooms: 24
Bathrooms: 25

Beach road Profitable Hotel for lease Patong, located just 80 meters from Patong beach and 400 meters to Bangla walking street. The property was recently renovated, lobby and all rooms with flat-screen TV’s, wallpaper and new bathroom tiles. The Hotel had 24 bedrooms fully furnished, kitchen, Office, big reception and space for a restaurant. Included there is a Thai Company Ltd with the possibility to request 2 work permits. The hotel is fully listed on the most important travel agency with a great score.

Asking price: 5,000,000 THB
Security deposit: no deposit
Rent: 242,000 THB to be paid every three months in advance. The rent increases 10% every 3 years.
Contract: 3+3+3 years (9 years)

*by the contract, on 31st October 2022 there is to pay 1,000,000 THB to the landlord

Income statements from 2017 / 2018 / 2019 available for qualified buyer

Features
– Air-conditioned
– Balcony
– CCTV
– City view
– Flat-screen Tv
– Free parking
– Fully furnished
– Internet Wi-Fi
– Kitchen
– Near beach
– Restaurant area
– Thai Company