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Pattaya Center 17 Room Hotel for Sale

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Our Listings : Succesfull Patong Guesthouse

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MLS # 1200
15/26 Moo 1 Vichitsongkram Road T. A. Kathu

This guesthouse is located in the very heart of commercial Patong. It is just a few minutes walking distance to the beach and even less to the night life.
There are in total 20 rooms. 18 are standard 1 bedroom units, there is 1 used as laundry and it also has a ground floor 2 bedroom managers’ residence.
If you become the owner of this guesthouse, you actually become the owner of 3 businesses in stead of 1.

First of all there are the 18 rooms, of which 10 are rented out for long term, guarantee you already a profit.

Secondly there is a industrial public laundry with 55 constant clients and every months lots of extras from outside and from your own clients, paying extra for the laundry.

Thirdly there is the motor bike rentals. The guesthouse owns 6 near new automatic 125 cc motor bikes, all rented out half of the year.

The first money of 3,75 m THB makes you owner of the whole guesthouse infrastructure, furniture, bikes, bar and laundry. The take over cones with a Thai company and all the documents will be changed to your name as the new director. That means you are directly into business.

The monthly rent is 110.000 THB for 3 years. That will increase with 5 % after 3 years and further another extra 3 % for the following 3 years. But the guesthouse proved to be a financial success with a monthly income of 450.000 THB. Deduct the expenses, this simple guesthouse will still leave you 250.000 THB in your pocket every month. There is no better investment return in the whole of Phuket. This financial success is reach with a minimum of marketing. Previous financial success can be proved but are no guarantee for the future. The moment you become the new manager, you have your own profit in your own hands. It all depends on how you run the business.
Because of discretion, we only show the guesthouse to really interested parties and have to pre-select every potential buyer. We offer our excuses for that.

Type:  Other
For Sale or Rent:  FOR SALE
Price or Monthly Rent:  100000.00
Bedrooms:  9
Bathrooms:  9
Stories:  4
Square Feet:  1000
Lot Size:  1500
Age of Home:  4
Fireplaces:  20
Benefits:  Near School, Mountain View
Contact person:  Marc Heylen
Phone:  076319420
Postal Code:  83120
Address:  15/26 Moo 1 Vichitsongkram Road T. A. Kathu

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