Hotel at Patong for sale - Hotels for Sale, Real Estate - Number of Bedrooms: 15+, Number of Bathrooms: 15+ - Patong, Phuket, Thailand

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Hotel at Patong for sale
Date & Time Listed: 2010-09-02 06:35:30 (GMT)

Posted in Categories: Real Estate, Hotels for Sale - Number of Bedrooms: 15+, Number of Bathrooms: 15+
Posted From: Thailand, Phuket, Patong

Ad Details:

Resort Patong Beach is the ultimate destination for a relaxing holiday. This chic and stylishly- designed hotel is strategically located at the heart of Patong Beach and is near the hustle and bustle of the shopping and entertainment belt. It is situated within 10 minutes’ walking distance to the beach and is only 45 minutes to Phuket International Airport. This hotel features 129 spacious guestrooms, well-equipped with in-room amenities and services to ensure a most comfortable and enjoyable stay.
The number of tourist increase 25-30% every year and more than 40% of tourist stay in Patong area. Investor can expect high capital growth rate since there is not enough land for hotel development and new main road nearby.
The average net rental yield is around 11-12%.
Occupancy (%) 75
ADR $45
REVPAR $1,589,119
Total Revenue $1,589,119 N/A
NOI $1,430,933

Please contact us for further information!

Other Details:

Number of Bedrooms: 15+
Number of Bathrooms: 15+

Price: 335,000,000.00 THB

Keywords:

Hotel for sale patong phuket, phuket hotel for sale, Phuket investment

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Posted in Categories: Real Estate, Hotels for Sale - Number of Bedrooms: 15+, Number of Bathrooms: 15+ Posted From: Thailand, Phuket, Patong

Posted in Categories: Real Estate, Hotels for Sale - Number of Bedrooms: 15+, Number of Bathrooms: 15+
Posted From: Thailand, Phuket, Patong