- 19 Bedrooms
- 19 Bathrooms
- 276 m2
For sale 🎯
Great opportunity, guaranteed return on investment.
This an excellent opportunity to acquire a 19-bedroom hotel close to Chaweng, the island’s main town. From the hotel, it’s just a minute to Samui’s favorite beach. It’s similarly very close to all the amenities: nightlife, restaurants, bars and all the shopping facilities.
The property consists of 3 condos.
Current rental rates are:
600 THB per night in low season, 900 THB per night at the standard rate, and 1,200 THB per night in high season.
Some renovations are needed but the property could also be given a luxury upgrade, allowing higher rental prices. Moreover, the land is large enough to build three beautiful luxury flats. This opportunity is an excellent return on investment. Often very popular with tenants. The land is also only 100m from the beach, ideal for future homeowners.
Chaweng is an excellent destination for those in the hospitality business as it commands a very high influx of holidaymakers and is close to the island’s airport. The property would be a very rewarding investment opportunity.