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Hotel / Resort / Leisure | Pattaya centerThailand Chonburi Pattaya Second Road Central Pattaya, Pattaya 20150
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Hotel / Resort / Leisure | Pattaya centerThailand Chonburi Pattaya Second Road Central Pattaya, Pattaya 20150
599,000 USD
Property Type: | Hotel / Resort / Leisure |
Action: | for sale |
Location: | Pattaya centerThailand Chonburi Pattaya Second Road Central Pattaya Pattaya 20150 Thailand |
Rooms: | 13 |
Floor: | 4 |
Number of floors: | 4 |
Total overbuilt space: | 100 m2 |
Size of plot: | 500 m2 |
Cost of maintenance: | 10000 |
Water reservoir: | 100000 m3 |
Description
This basic style hotel/guesthouse is top located less than 200 meters to Central Festival Pattaya in a side soi off second road. It has a massive amount of passing traffic by cars, motorbikes and foot. The ground floor is recently refurbished and completely renovated commercial space and has a narrow but very long useable shape from 100 sqm for bar, restaurant, office or massage parlor, depending of the new renters or owners business ideas. It has 13 rooms for backpackers, tourists or locals and is always as good as fully booked the whole year around also filled up by several booking agencies. This is creating a high ROI. Guest rooms are fitted with a TV, private bathroom, air conditioning and a desk. 1 of the 13 rooms is a very large manager’s residence on the second floor. The business is fully licensed and the rent for that area is extreme low being 50,000.00 THB per month with NO key money. The take over for the business came down from the original 2,500,000.00 THB now to a rock bottom price without any further discount of only 1,600,000.00 THB plus 100,000.00 THB refundable deposit plus the first month rent. The actual move in price all in is 2,000,000.00 THB already in business with most of the rooms rented out. The owner not wants to be contacted for the rent or sale of the business so please contact us for viewing. The property is also for sale for a negotiable asking price of 18,500,000.00 THB
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