Hotel in Patong Beach Road, Phuket For Sale

Hotel in Patong Beach Road, Phuket For Sale LOCATION – Patong Beach Road, Phuket Property Highlight: 24 bedrooms ( 16 Deluxe with Balcony and 8 Standard ) Reception Kitchen Office space Bar Dining area No elevator (Space to install one) Takeover Price: 7,000,000 THB Lease Term: 9 years (Lease renewed after every 3 years) Monthly Rent: 200,000 THB (October to March) 150,000 THB (April to September) Key Money/Contract Renewal charges: 1 million THB every 3 years and the payment is split into 3 years 333,000 per year Security Deposit: THB 200,000 (refundable) IMPORTANT NOTES Full financials shared only after meeting & NDA (Please do not ask for sensitive details it will not be shared online) If this fits your budget, timeline, and investment strategy, contact us to proceed.    

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