Beautiful 5 Star Resort with Hotel License for Sale in Dolphin Bay, Sam Roi Yot

Great Business Opportunity – Beautiful 5 star Resort for Sale in Dolphin Bay, Sam Roi Yot , located only 400 m from Had Phu Noi Beach and near the breathtaking Sam Roi Yot Nation Park. The potential Buyer will take over the existing companies including all the company assets, such as all the project land , 13 Rai empty land, infrastructure and company building . He will be responsible for the whole Resort Management with a guaranteed annual profit of ca. 2.5 Mio THB , additionally he can operate a hotel business with 27 villas for rent , a hotel license is included.

SOLD INCLUDING THE FALLOWING ASSETS :

Price : 82,000,000 THB (Take over 3 Thai Co., Ltd.)

Land : 25.2 Rai/40,320 sq.m.

Bungalow C5-6: 3 bedrooms, 2 bathrooms, European Kitchen, Jacuzzi, 120 SQ.M Living Area, large roof terrace with a private jacuzzi, fully furnished

Bungalow E15-16: 3 bedrooms, 2 bathrooms, European Kitchen, Jacuzzi, 120 SQ.M Living Area, large roof terrace with a private jacuzzi, unfurnished

Office Building : Incl. furniture, equipment and inventory

Resort Shop : Incl. equipment and inventory

Housekeeping Building : Incl. equipment and inventory

Fitness Building :Incl. equipment

Storage Building : Can be transformed into SPA and Massage

Infrastructure : Five 43 meter swimming pools, gardens , resort road, drainage, electric and water supply

Rental Equipment : 15 Bicycles , 24 Scooters, 3 Scooters with Side car, 1 pick up Truck, 1 Gas Pump

FACT SHEET :

Total Land Size : 25.2 Rai (40,320 Sq.m The whole project area)

12-1-46 Rai (4,946.6 Sq.m) is empty land for future development

Land Title Deed : Chanote

Empty Land Plot F : 2.2 Rai (3,520 Sq.m) Can build another 16 Bungalows + 16 Terrace Rooms

Empty Land Plot G+H :10.84 Rai (17,350 Sq.m) Can build 300 + condominium units +facilities

Bungalows/Villas : 61 in total , sold to mostly foreign owners, 1, 2 and 3 bedrooms , huge roof terrace with jacuzzi

Hotel rooms : 27 Bungalows from 61 in total are rented out (Hotel License)

Pool : Five 43 meter pools, high -quality salt water chlorine system

Ownership Rights Land: Owned by a Thai Co., Ltd.

Bungalow owners have a 30 years registered land leasehold (+30 years +30 years)

Management Fees (Bungalow owner) 86 THB/1 SQ.M in 2023 (increase of 3% yearly

Employees : 15-20 full time job

Service : Hotel Rooms for rent (27 villas), Taxi, Rental Car, Motorbikes and Bicycles, Tours, Restaurant, Resort Shop, Laundry , Cleaning, Maintenance , Spa

ABOUT THE RESORT:

The Resort is now for sale as the owner is moving back to Europe. He commits to stay on board for a while after the transfer, allowing the new owner getting accustomed to the daily management and developing short term opportunities

Around 50% of the total land area was used to construct the central resort road and 5 plots with 61 premium pool villas. There is another 13 Rai empty land plot for future development.

The Resort is in good financial and technical shape, it’s making decent profit and all owner fees are paid. Professional management, staffing and IT ( Booking, website and accounting ) are in place and easily scaled up for expansion .

Note:

The Seller agrees to transfer ownership of 3 registered Thai Companies which own the property, provide maintenance services or run the Hotel Business with a license in the Talay Tara Resort. A sale in this case means transferring all the shares of the 3 companies to the new Buyer including all the assets, land plots (25.2 Rai), infrastructure, two 3-bedroom Villas C5-6 (fully furnished) and Villa E15-16 (unfurnished).

OPPORTUNITIES :

There are several further opportunities for the new owner to accelerate the return on investment (ROI)

PlOT F OPPORTUNITY (2.2 Rai/3,520 Sq.m Land)

This price of land can facilitate another 16 Bungalows with 16 additional terrace Rooms. Electricity , water , sewer drainage and most technical drawings are already available .The bungalows can be sold with ongoing rental agreements, adding 32 rooms to the hotel and generating considerable income. The total land area is already divided into 16 plots.

PLOT G+H OPPORTUNITY (10.84 Rai/17,350 Sq.m land)

These plot can facilitate two building , each comprising 150+condominiums plus a large road side restaurant ,pub and center for company. The land can of course  also used to build another 65 premium bungalows or large exclusive villas with private pools.

RESORT INCOME :

Daily , monthly and yearly is secured in several ways.

27 Bungalows are rented out as hotel rooms. Other substantial income is generated by all 61 Bungalows through spending ‘s in the restaurant , shop , booking or tours , taxi service , rental of cars , motorbikes, bicycles and through  cleaning services and the owners annual management fees. This is a great hotel business with official license that can be easily scale-up with fresh focus.

APPRAISAL REPORT (March 10,2022)

Current Property Value 113,391,000 THB. / Fire Insurance Value : 7,530,000 THB