Hotel and Rooftop For Rent in Bang Ramung Chonburi

Bang Lamung, Pattaya, Chon Buri
Unit ID: U1982881
50% Rental Yield
500 SqM Indoor Area
Completed

About This Hotel

This property is a 500 SqM hotel with 15 bedrooms and 17 bathrooms that is available for sale. It is located in Bang Lamung, Pattaya. You can buy this hotel for a base price of £75,600 (£151/SqM) and it is also available for long term rentals starting from £3,130 per month.

Business for sale in Phratamnak with a very high ROI HOTEL WITH ELEVATOR & ROOFTOP 15 Rooms, One big Kitchen(can be transformed again in room) and and one big apartment created by uniting 2 rooms. Own laundry with 2 new professional Samsung machines, 2 saunas, small 2x4 plunge pool (clients use it as a cold plunge between sauna sessions) 2 jacuzzies The rooftop is not working at the moment, is used only for private parties but with a less than 100.000 thb cosmetization can be again a very good source of income. (used it for 2 months as public lounge/bar with around 150.000 revenue). Can make more if you add food also and eventually link it to grab/foodpanda/lineman, the kitchen space already exist The roof is retractable, controlled by remote. EVERYTHING IN THE HOTEL HAS MAX 1 YEAR OF USE. Personally bought everything inside,and changed/renovate everything with a 5 millions thb initial investment, including the ELEVATOR which costed 700.000 thb, the hotel opened on 1 Dec 2023. Electricity and water at an average of 25-28.000 per month Ais WIFI with 1GBPS ,2 routers on each floor. The hotel can be managed easy by 1 person plus 1 maid. For rooftop minimum 3 employees required. The reason for sale is relocation due to a much bigger project in Phuket. CONDITIONS FOR SALE/RENT TAKEOVER-Everything in the hotel will belong to the new business owner. 3.000.000 THB plus 75.000/monthly rent, 3 months deposit required. CONTRACT DIRECTLY WITH THE LANDLORD, 3 years with the possibility to extend with 10% increase every other 3 yrs. MOVE IN 3,480,000 RENT-Sublease contract with me and owner's agreement for the entire building EXCEPT THE APARTMENT ON THE 5TH FLOOR!!! 1-3 years contract as the client requests . 120.000 THB/monthly, with 1 year prepayment plus 3 months deposit. Move in 1.800.000 thb The next 2 years the rent can be paid on monthly basis.

Features

Private PoolPrivate Pool Rooftop TerraceRooftop Terrace TerraceTerrace Wifi IncludedWifi Included Outdoor ShowersOutdoor Showers Fully RenovatedFully Renovated (2023) Washing MachineWashing Machine TVTV

Basic Information

Date Listed Dec 13, 2024
Updated 2 days ago
Property Type Hotel
Bedrooms 15
View(s) N/A
Water Price Government Rate
Electricity Price Government Rate
Listed By
Private Owner
Unit ID U1982881

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