Boutique Phuket Hotel - Turnkey and Perfect for Investment or Owner/Operator MAJOR PRICE REDUCTION!

Tambon Karon, จ.ภูเก็ต Thailand

$4,500,000

Price

$400,000

NOI

37

Keys

Overview
NOI
$400,000
Keys
37
Star Rating
4
ADR
$100
Average Room Size
50 sqm
Year Built
2005
Price Per Unit
$122,000
Management
Unencumbered
Floors
6
Parking Spots
20
Year Last Renovated
2018
Construction Status
Completed
Number of Elevators
1
Investment Strategy
Opportunistic
Description

Fabulous boutique hotel with 37 unique rooms from studio, 1 bedroom and 2 bedroom suites. Full-service restaurant and pool with bar, room service, onsite spa, onsite laundry, and rooftop pool with sea and mountain views and just a 10-minute walk to quiet Karon Beach and many restaurants and shopping.

The property has been owner-operated by the same team that developed and opened the hotel. Many of the staff have been with the resort for many years. A 4-star property, the resort consistently achieves high reviews and is 9+ on TripAdvisor, Hotels.com, Expedia and Agoda. It has won the Trip Advisor Circe of Excellence and the Travelers Choice Awards multiple times. A true traveler favorite with many returning guests for both short and long-term stays.

The resort was updated just a few years ago with new interior finishes as well as exterior decor, updated A/V systems and wifi, and much more. The owner has not spared any expense and it shows. Perfect for an investor or an owner-operator to step into a profitable venture while enjoying the Phuket lifestyle.

Highlights
  • Positive Cash Flow
  • Turn-Key Property
  • Recent Renovation
  • Onsite Staff
  • Full-Service Resort

Location
Gallery