Property Details



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Hotel in Krabi - Thailand

Region: Koh Lanta

Reference: LH99

Price: €483,523

Property Details:

Located in the Long Beach area of Koh Lanta, on the popular West Coast – this well established and recognized small boutique guesthouse/resort of 10 concrete bungalow-type rooms (up to 22 guests per night) is available for freehold purchase. This resort was opened in 2008, with 6 newly constructed air-conditioned bungalows, following the success of these an additional 4 rooms and a 10 x 5m swimming pool were added. The room types are varied, all air-conditioned and fully furnished, with 6 having a satellite receiver, TV & DVD. Most of the ten rooms are between 28 – 33 sqm, and would include a bedroom, bathroom and terrace. This is one family room of 92 sqm, which also includes a fully equipped kitchen. The current land size is 2 rai (3,200 sqm), whereas 1.5 rai is currently utilized, leaving an additional 0.5 rai for future expansion of additional bungalows. If required, it is possible to purchase a further 2 rai adjacent to this plot, price on application. This popular resort, has its own water supply via a private well, as well as a private electricity supply. This boutique resort is very highly ranked on Tripadvisor, with excellent reviews, and has agency deals in place with all top travel agencies such as Agoda etc. The business itself is extremely strong, currently running & open and generating a healthy profit. Since the launch of the resort the average High season occupancy (Nov – Apr) has been 96%, whilst the remainder of the year it has held strong at 60%, mainly due to the extensive marketing already put in place by the current owner. Room rates per night in high season: from 1,400 THB to 4,500 THB Room rates per night in low season: from 600 THB to 2,300 THB This is an exceptional business investment, with very solid returns – This is available to purchase for 21m Thai Baht, which includes all bungalows, land, and fixtures, fittings and ancillary equipment.

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