Soi Paradise Hotel for sale

In the famous Soi Paradise, a “Boutique resort” is for sale. The location is amazing: only a stone’s throw away from Patong beach, very close to the famous Banglaroad, and Jungceylon, in a private street with security. The Hotel includes 3 buildings of 4 floors, for an area of almost 700 sq.m, with a restaurant / Bar, laundry room, reception, office, and a kitchen. All on the ground floor. The floors are divided into 4 kinds of rooms:

– 3 Standard rooms of 16 sq.m

– 5 Superior rooms of 20 sq.m

– 3 Deluxe rooms of 26 sq.m

– 4 Suites of 40 sq.m

– 1 company apartment with 2 bedrooms, 2 terraces, 2 bathrooms and a large living room of around 115 sq.m.

Some of the rooms have private balconies. The whole building has been fitted out according to the quality standards in force. In particular for the electrical system: CCTV system is everywhere in the hotel, and the doors have an electronic encoder system. All rooms have air conditioning, LED TV screens, hot water with pressure.
In the rainy season we collect storm water, because the hotel has a water storage capacity of more than 10,000 L. The rooms are isolated from noise by thick windows and thick curtains which cut off the light. The kitchen is equipped with fridges, pulse oven and dishes, the bar has its coffee machine and everything you need to work immediately.

This hotel was renovated for the first time in 1999, a second time in 2014, and again in 2019.

Aside from the good location and beautiful rooms, owners can also benefit from the good investment opportunity, with the chance to earn back their investment.

with 25% occupancy, the owner earns his investment back in 14 years
with 50% occupancy, the owner earns his investment back in 8 years
with 75% occupancy, which is normal, the owner earns his investment back in 6 years