Return to Sold and Withdrawn from Sale

Top Resort for Sale – East Coast

Located on a small beach on the east coast, a quiet and local area of Koh Chang, this award-winning small resort is now available for immediate sale.

The Offer – Top Resort for Sale

SOLD

  • The 4 Rai (6,400sqm) beachfront property, consists of 8 bungalows, a restaurant and kidney shaped swimming pool.
  • The bungalows themselves are either standard and superior, all finished to the highest quality with a/c and fan, attached bathrooms and hot water showers.
  • A beach house with terrific views out over the ocean offers separate upstairs and downstairs accommodation.
  • There is also a very popular family bungalow with two bedrooms and ensuite bathroom.
  • All rooms are very well maintained with no immediate need for renovation.

The property has an already landscaped area of 1.5 rai for further development.

Utilities

Electricity is government installed 3 phase. Water is guaranteed throughout the year from a local contract.

The brand, existing website and booking system are also part of the package as well as any advance bookings, 2015 through 2016.

Accounting

This top resort, which sits in immaculately kept gardens, has featured for the last three years in Tripadvisor’s top 25 B & B’s. It boasts near 100% occupancy during the high season, with 70% in the low season.

All books, themselves meticulously kept, are available for inspection to serious buyers. Monthly expenses are for electricty, internet, tv, website hosting (and an annual domain name renewal), with no other liabilities to be assumed.

Price and Lease – Top Resort for Sale

The current lease runs until 2019 and is at a rate comparable with other properties in the area. It has been fully paid up for the next two years. The local landlord is happy to renegotiate and register an extended lease of 15 to 30 years with the new owners. All agreements would be fully confirmed by all parties before the sale is accepted.

The owner is happy to conduct a handover period and is confident that the existing staff will continue with the resort’s new owners.

All fixtures and fittings are included in the sale from bungalow and restaurant furniture, kitchen and gardening equipment to CCTV and water pumps.

The price for the top resort is 18 Million THB – SOLD


Back to Resorts for Sale

Permanent link to this article: https://explorekohchang.com/koh-chang-property/sold-withdrawn-from-sale/top-koh-chang-resort-for-sale/