This is an opportunity for investors and entrepreneurs: a four storey hotel in the prime location of central Pattaya, over 15 years of established, profitable income including motorbike rentals and longtime established rental income from travel agency on premises. Located in central Pattaya in the most commercial area of the whole town, only 10 minutes’ walk to the beach and Walking Street, 2 minutes to Central Festival; it is near a daily night market , Public transportation is in front of the hotel.
The other parts of the hotel that create income at the ground floor are a large internet shop with 10 computers and oversea phone calls, a motorbike rental service, a laundry and a decorated bar fully equipped in reception bar. It has all selling licenses needed in Thailand to be legal. There are 5 people staff that would like to stay working. Total it has 15 air-conditioned rooms (rent from 600 to 1200 baht nightly) at 2 to 3 star quality plus 2 extra rooms. Over-booked during high season and maintains 80% capacity during low season. All rooms have stocked refrigerators, A/C, hot water, safe for valuables and 24 hour cable TV. It has option to make more money by running an extra restaurant. There are 2 high potential possibilities for the new owner to expand. It’s allowed to add more floors to the building.
Selling price is only 32,000,000.00 THB Call Marc Heylen 0800 176 100 or mail email@example.com
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