Potential 20 Room Patong Guest House

This building is a very potential 20 room guest house in commercial Patong. It is situated near Simon Cabaret at the hill top of a small soi. The Patong sea view from almost all of the rooms is just amazing. There are two top hotels there and another one is being build it will become the place to be away from the busy and noise nightlife and still so close by. This property has six floors and can convert to 20 rooms. We have a plan worked out and a builder stand by if you want to go ahead with transforming this 7 years old apartment complex into a 20 room guesthouse with sea view. It includes a elevator, bar, restaurant and small pool.
You start of well with a permanent income from AIS pool on top of the building, paying you 100,000 THB per year for it.
The estimation is that you have a high class superb located 20 room guesthouse with pool for less than 21 m THB.
We can do the renovation and transformation for you.
If you sell the 20 apartments seperate at minimum 6 m THB per unit, you earn over 100 m THB on this project.

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