One of Jomtien’s Major Beachside Hotel Offered For Sale
Successful for 10 years and positioned for many more years of future successes, this Jomtien landmark is being sold along with the land on which it sits. It is a rare occurrence for a property of this size and distinction to come on the market, particularly in an area like Jomtien where property values are soaring. Certainly, there is no comparable offer to sell in the region at this time.
The basic statistics are as follow:
• Land size: 210-sq.-wah.
• Building footprint: 5,868-sq. meters
• Building height: 5 floors
• # of Rooms: 76
• Parking provided: 20 spaces
• # of Employees: 10
• Monthly payroll: 58,000 baht
• Value of FFE included: 45-million baht
• Inventory at cost: 425,000 baht
• Annual sales: 8-million baht
• Annual profits: 6-million baht
The property is a jewel in any portfolio, and likely to offer both substantial operating profits and future appreciation. Price 130-million baht.
South Pattaya, Pattaya, Pattaya, Thailand
Presented by : Agent Name : Info... Brokered by : Pattaya Investments Business ID : EM0706022
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