Hotel near the beach for sale in Choeng Mon, Koh Samui, Thailand

Description

Very interesting bargain with this hotel near the beach for sale in Choeng Mon, Koh Samui, Thailand.
This resort will provide you with 15 villas of 150sqm each (with a 20 sqm private pool, open kitchen, and terrace), at only 1/2 minutes far from one of the most beautiful beaches of the island (with a free shuttle service for your customers), and from of all shops, massages, restaurants, and entertainment places of Choeng Mon center.
All villas have a sea view from their bedroom.

Business details:
– incomes in 2018: 8.2 million THB
– incomes in 2019: 8.4 million THB
– incomes in 2020: 2 million THB (with only the 5 first months of activity, almost only done with Thai national customers)
– monthly salary charges for 6 staff, about 60’000 THB (cleaning, garden, pool and reception agents, shuttle drive (1 minute from the beach))
– monthly electric charges about 40’000 THB maximum (electricity provided by the Provincial Electric Authority (P.E.A.), the governmental agency, the invoice will depend on the occupancy rate)
– monthly water charges, 0 THB (water is provided by deep wells, so its coast is included in the electric charges)
– night booking rental price (on average): 150 USD
– plot of the Chanote land title: 3200 sqm
– 15 private villas of each 150 sqm with sea view from bedroom (upper floor) a 20 sqm private pool, open kitchen, and terrace.

If this resort is still too small compared to your investment budget, please contact us, we have several larger beachfront resorts, 4 and 5 stars, for serious investors, only available through requests.