Freehold
Luxury Boutique Serviced Apartment Hotel for Sale in World Famous Patong Beach - Rated #1 for 8 Years
Patong, Phuket | BUS9501From $0 to $12,122,974
- Bedrooms 45 Beds
- Bathrooms 45 Bath
- Square4640 m²
- Property TypeHotel/Commercial Property
- AreaPhuket
- StatusAVAILABLE
- TypeFreehold
- ViewInland/ City
- Indoor Area4640.00 m2
- PoolSwimming /Communal
- Linked Listing
Luxury boutique serviced apartment hotel in Patong, Phuket for sale with full hotel license and permits. Rated number one on Tripadvisor for the last 8 years. Patong Beach is the #1 beach destination in Thailand.
AT A GLANCE:
•Located in Patong Beach, Phuket a 45min drive to Phuket International Airport
•Situated on a quiet lane setting
•Two minute stroll to beach
•1 & 2 bedroom serviced apartments
•Designer styling
•Amazing private rooftop pool, plus hidden garden pool
•Two restaurants + bar
The hotel has three apartment complexes with five floors each. There are 45 Apartments and 51 beds with a total living space of 4,640 sqm. The complex is equipped with modern amenities including two swimming pools one of which is a rooftop pool, gym, two restaurants, two bars and one wine bar. The apartment also has a 24-hour reception and concierge service.
Total 45 hotel rooms with 3,960 sqm of living space
•24 Deluxe Suites - 1 bedroom
•13 Grand Deluxe Suites - 1 bedroom
•3 Grand Deluxe Suites - 2 bedrooms
•3 Penthouses - 2 bedrooms
•2 Luxury Pool Access Suites
Four Commercial areas with 680 sqm
•Restaurant / Bar
•Staff / Laundry Room
•Bar & Gym
•Wine Shop
Average Daily Rate (ADR) is THB 4,485 and the average occupancy rate is 70.2% The hotel is highly rated with a 4.5 rating on Tripadvisor.
The apartment has all licenses in place with well-maintained books. The business has strong cashflows with a net income margin of 40%
Currently the hotel is managed by a local brand and held under a private limited holding company registered in Hong Kong. The acquirer will be able to acquire 100% of the holding company's shares which in effect will help them acquire all of the serviced apartments assets including the land, brand name, furniture, and website.
All fixtures and fittings are included with the sale price.
AT A GLANCE:
•Located in Patong Beach, Phuket a 45min drive to Phuket International Airport
•Situated on a quiet lane setting
•Two minute stroll to beach
•1 & 2 bedroom serviced apartments
•Designer styling
•Amazing private rooftop pool, plus hidden garden pool
•Two restaurants + bar
The hotel has three apartment complexes with five floors each. There are 45 Apartments and 51 beds with a total living space of 4,640 sqm. The complex is equipped with modern amenities including two swimming pools one of which is a rooftop pool, gym, two restaurants, two bars and one wine bar. The apartment also has a 24-hour reception and concierge service.
Total 45 hotel rooms with 3,960 sqm of living space
•24 Deluxe Suites - 1 bedroom
•13 Grand Deluxe Suites - 1 bedroom
•3 Grand Deluxe Suites - 2 bedrooms
•3 Penthouses - 2 bedrooms
•2 Luxury Pool Access Suites
Four Commercial areas with 680 sqm
•Restaurant / Bar
•Staff / Laundry Room
•Bar & Gym
•Wine Shop
Average Daily Rate (ADR) is THB 4,485 and the average occupancy rate is 70.2% The hotel is highly rated with a 4.5 rating on Tripadvisor.
The apartment has all licenses in place with well-maintained books. The business has strong cashflows with a net income margin of 40%
Currently the hotel is managed by a local brand and held under a private limited holding company registered in Hong Kong. The acquirer will be able to acquire 100% of the holding company's shares which in effect will help them acquire all of the serviced apartments assets including the land, brand name, furniture, and website.
All fixtures and fittings are included with the sale price.
- Living Room
- Water Heater
- Dining Room
- Air-conditioners
- Fully Furnished
- Bedrooms
- Bathrooms
- Bathrooms Ensuite
- Terrace
- Inland
- Western Kitchen
- Video Surveillance
- Estate security
- Built in wardrobe
- Roof terrace
- Balcony
- Gym
- Laundry Room
- Electricity
- Semi detached
- Sleeps
- Children
- Internet / TV / Phone
- Swimming Pool
- Contemporary
- Storeys
- Secure Estate
- City View
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