An amazing opportunity for anyone looking to break in to the fast growing Thai property and tourism sector with huge financial returns.
If the hotel is positioned in the middle rank (3 to 4 stars), the ROI is returned in 4 years. The ROI is cululated given the number of 420 rooms in the hotel and high season being 200 days, 140 days low season and 16 days peak season. A rough calculation with a 50% occupancy gives a return of 4 to 5 million per year. Let me emphasize the fact that hotels nearby rent rooms up to 600 dollars per day.
The Project will be sold as a complete package with all plans and permission for construction of the area.
Price of the whole project including complete construction = 17 million euro (693 Million Baht) Price of land with the project = 6 million euro (245 Million Baht)
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