13
5,600
5,600 Sqm., 13 Beds Hotel listed for ฿ 83,000,000.
- The land title is a Nor Sor 3 (approx 3 and half rai).
- 12 bungalows (3 family and 8 double), half of these bungalows are new or completely renovated with Air Con.
- 1 restaurant
- 1 bar
- 1 souvenir shop with a bedroom on top for a manager or staff.
- On an average year, the resort generates 6%+ ROI
First bungalow operation on the island and a lot of returning guests. The Nor Sor 3 land title means the boundaries of the land are not completely fixed. At present the local government built a sala on the land above the bungalow resort as they were afraid the owners would encroach but a deal could possibly be done to give the resort an extra few meters which may allow more space for bungalows. The current owners have had the resort since day one of operation and have built it up from scratch.
LocationThe location is one of the best in Koh Yao Noi, on a little hill by the sea, being on a cape, does not have a road between the bungalows and the sea. Within walking distance are two luxury resorts and several high-end rental villas and 3-4 other bungalow operations. The bungalow resort’s picturesque restaurant with sala are viewable from the road and an attraction that draws in lots of outside guests. Two of the “liveliest” bars (lively for Koh Yao) are also less than 100 meters walk.
Guest Profile / DemographicsUp until a few years ago in some months in low season there were literally no tourists (May - June / Sept - mid Oct) and so the low season was really low, now there are tourists in the low season and a big noticeable jump in the last two years.
Traditional tourists to Koh Yao Noi were backpackers and adventure tourists (rock climbers, Muay Thai etc), the last couple of years has been the demographic shift towards older ‘more mainstream’ tourists. More resorts mid and upper range resorts have developed in last few years and change in demographics is due to both demand and supply factors.
Property Detail
- Sale Price
- 83,000,000
- Bedroom
- 13
- Bathroom
- -
- Interior size
- 5600.00 Sqm.
- Type
- Hotel
- Floor
- -
- Land size
- 5,600 Sqm.
Location
Loan Calculator
- Property Price:
- Down Payment:
- Loan Amount:
Pulse Real Estate is an award-winning real estate agency with a full team exclusively dedicated to the Phuket market. We always take the time to sit down and listen to your requirements so we can recommend properties most suitable to your lifestyle and needs. We have been in business since 2012, and our local property experts have all the knowledge and expertise needed to guide you through the process until you are holding the keys to your new home in Phuket.
Properties in Ko Yao Noi, Ko Yao, Phangnga
Cities
