The perfect way to retire in Phuket is buying a successful boutique apartment building, living in one of the large apartments and renting the others out.
That will be simple because the rental demand in Patong is much higher than the available apartments can provide.
This boutique apartment building is located in Patong, just walking distance from the commercial center and the beach.
The boutique apartment blocks have 4 luxury apartments plus a large office area.
The apartment rental business is working fully.
The rental business is growing annually. These apartments are full most of the time.
Phuket currently has approximately 4,500,000 tourists. This is expected to rise to +12,000,000 tourists over the next 10 years.
The apartments rental businesses is designed to run with minimum supervision. As a way of life, living on a tropical island in the 'Land of Smiles' is a very comfortable (and not expensive) existence. The apartments can be easily managed by one person.
The serviced apartments all have marble/granite floors and vanities, wireless internet, cable TV, a/c and are fully furnished. They all include kitchens, bedrooms,
living room and bathrooms. One of the 4 apartments could be used for accommodation by the owner or management staff. The apartment block is located on a major road but in a quiet area of Patong, Phuket. Patong is the centre of Phuket beach life and entertainment areas. It is very convenient for most of the tourist and residents. There are mountain views in all directions.
Premises details: Marble and granite floors and vanities.
Car park and surrounding area tiled.
4500 liter water tanks with filters, pumps and electronic sensors.
Fully a/c and fans.
Heavy tinted glass in all windows and sliding doors.
Cement building.
Tinted glass throughout.
Wi fi and cable TV.
Security boxes in each apartment.
There is a option to combine this real estate offer with an existing and successful licenced travel business, specialising in all aspects of golf in Phuket. For this extra information, please contact Phuket Villa Property: 08 72 72 03 03
Planning consent: Chanote title
Property
values in Phuket are steady while the rest of the world is falling. Many
expats locate or retire to Phuket for the comfortable lifestyle and warm
climate. Reasons for selling:
Retirement Furniture / Fixtures value: $230,000 (included in the asking price)
Important notice
Only GENUINE potential buyers are more than welcome to visit the property and see the business running. The owner does not deal with people representing others.
Phuket Villa Property will bring you in direct contact with the present owner so you can deal with him directly without any interference from agents or third parties.
If you are a genuine potential buyer, your are welcome.
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