PROPERTY ID: 4492
This 82-bungalow resort is located on Long Beach, one of the most popular beaches on Koh Lanta. It is a complete turnkey resort, with a huge outdoor pool, 70 metres of prime beach and room for a restaurant. All bungalows are completely furnished in Thai style and include modern amenities.
This plot is ideal for savvy investors and/or hotel operators who have the ability to immediately take advantage of an existing resort business where positive revenue can be generated in the first year. This land is also perfect for a (much-needed) high-end beach club and food and beverage operation.
This is prime, flat land directly on arguably Thailand’s best beach. This 8-Rai land plot is sandwiched between two of the island’s most successful resorts: one a 5-star beachfront resort; the other is the landowner’s popular 3-star resort.
All bungalows are nicely spaced out on the lot. Some of the bungalows are located directly on the beach while others units have a sea view from their balcony. The majority of these units were renovated 2 years ago. Last year the bungalows were occupied 70% through high season and 100% in peak season.
The asking sales price is 25 million THB (MB) per Rai. The lease being offered is 7 MB per year for 20-30 years with one million of that total paid in advance based on the length of the lease hold contract. (Example: A 20 year lease x 7 MB per year = 140 MB total with 20 MB paid when signing the lease and the remaining 120 MB paid in 6 MB payments annually.)
- 8 Rai
- 70 metres of waterfront
- 82 Bungalows
- Outdoor pool
- Long Beach area