66 keys Condotel for sale

This complex includes 64 Apartments and 2 villas and is located in the exclusive area of Surin Beach. The project includes 3 buildings comprising 1-4 bedroom Apartments (some with private pool and sea view), share swimming pools, 2 four bedroom villas and one three bedroom villas each with private pool. This asset is maintained in excellent condition, it is all equipped and designed for travelers comfort and is easily accessible by modern lifts leading to every floor. Whilst many others are building hotels and resorts within the city, the Condominium Style accommodation still remains as a preferred traveler choice for all-round comfort and service needs.

LOCATION: Located in the main road of Surin beach just 5 minutes to the beach. The condominium is a sleek, stylish and boutique getaway that offers local and International travelers all the comfort, facilities and services demanded for a relaxed, memorable stay.

FACILITIES: Gym, high speed WiFi, Internet corner, open air swimming pool, laundry service, parking.

INVESTMENT: Depending on your plans, the property could be configured in a number of ways. It’s being offered as it is pictured, fully furnished. It could be operated as hotel or units could be individually sold maintaining property management and control of rental activities.

Photos and more details can be provided upon request.

Features:

• License: Condominium
• Management: Owner
• Flag: Confidential sales
• Lot size 3 Rai,(4,800 sq.m)
• Year built: 2013
• Built area: 6,000 sq.m
• Elevator: Yes
• Corridor: outdoor/Indoor

Personnel / Organization: 

• Front office: 3 full time
• Housekeepers: 6 full time
• Engineer / Handyman: 2 full time
• Bar/Restaurant: No

Financial facts  

• Annual Turnover: 42,000,000 THB
• Average daily rate: 1,822 THB
• Annual profit: 26,509,000 THB (2019)
• Return on Investment: 7,1%