24 Bedroom Hotel for sale in Cha-Am, Phetchaburi

Practically beachfront with a steady flow of foreign tourists to keep rates up and quality high.
The numbers on this place pencil VERY nicely, and the next custodian of this little gem should do quite well with ROI.

There's a wealth of benefits to the location and the business license, including the ability to expand into many tourism segments that most other operators will not be able to legally access

The Property: Only 50 meters from the beach. The Company owns the lands under freehold title. Land dimensions are 240 square meters.. Comparable hotel properties in this area have listed for THB 50,000,000+. The building has been continuously updated by the owners, based on Australian building standards.

The Business: The Hotel caters mostly to foreign tourists. Guest reviews in the .com booking sites reflect high levels of approval and describe ”large rooms”, “cleanliness”, and ”very close to the beach”, as key features. . For guest transportation, the Hotel has a 6-person golf cart, and there are 4 motorbikes and 6 bicycles for rental.

The Financials: The Hotel’s profitability allows for a reasonable time for investment returns, while servicing the debt. Income may be increased through the added value activities described in this listing..

Added Value: The Hotel is owned by a company which is part of the sale assets. The company enjoys grandfathering provisions, permitting it to engage in a diverse range of undertakings, including the hotel, restaurants, tourism activities, transportation and many others. These company objectives, ultimately provide for substantial expansion and licensing opportunities.