Outstanding 120+ Key 4* Tourist Hotel in Phuket

Patong, Kathu District, Phuket, จ.ภูเก็ต Thailand

$17,500,000

Price

4

Star Rating

Unencumbered

Management

Overview
Star Rating
4
Management
Unencumbered
Floors
7
Building Size
11,200 sqm
Year Built
2015
Cap Rate
8.5%
Keys
126
Description

This 4* Hotel is located in the Heart of Phuket's entertainment district.

The 7 story hotel building has an impressive roof top terrace with pool, restaurant and gym.
The hotel was completed in early 2016, it maintains a very high visitor rating of 8.6 in the booking engines, which results in a consistently high occupancy and profitability.

Highlights
  • Perfect Location in the center of Phuket entertainment district
  • Very high occupancy (94% avg.)
  • Good profitability
  • High appreciation of land prices (avg. 10% annually in the last 5 years)
  • Building in excellent condition

Location
Gallery