RE/MAX ID PH002-244
This beautiful family hotel is looking for a new owner as the present owner is moving out from samui. The hotel is located on the main road in Lamai about 3 minutes away from the beach and walking distance from all the local restaurants.
The hotel has 3 floors with on the outside parking space for motorbikes and on the side of the hotel parking space for cars the entrance of the hotel has a full renovated reception and has access to as well a renovated ampty space that can be used as a touroffice motorbike rental area or even a massage parlor.
In the back of the hotel there is a swimming pool area with lounge deck and possibility to have a snack and coffee.
On the floorboard there are 4 mastersuites with private terrace: each of these rooms has a new bathroom with rain shower a relax sofa and wardrobe with safe and television.
The 2nd and the 3th floor have all together 33 budget rate rooms with as well bathroom with hot water and television
- Keymoney: 4,500,000 THB
- possibility for a 30 year lease with rental money only 75,000 THB per month
Financial status before COVID:
As the hotel has good reviews and was doing very well on every OTA the yearly income was average 4 million baht. with rental money included the expenses were average per year 2,500,000 THB so means the overall income per years would be 1,500,000 what gives a return of more then 30 pro cent
These numbers are based on only the hotel business and without the space besides the reception so there is still a potential to generate more income.
For viewings or more information about this hotel please feel free to contact Peter Holvoet 063 431 6288
Asking price: 4,500,000 THB
Note: Map shows office location