*2022 Gem !* Garden Resort for Sale in Klong Prao, West Coast

Price Updated in September 2022 : 2,100,000 THB ! Open to any serious offer ! The resort is open and operating right now.  

Ideal opportunity for a first investment on the island.

Popular resort in the center of Klong Prao village, on the west coast of Koh Chang. The resort is ready to work from day one. Its 9 accommodation are spread in a peaceful tropical beautiful garden, a walk away from the most beautiful beach of Koh Chang. 

This “ready to work” resort features :

• 4 cozy bungalow 18 sqm. for 2 persons (air-con, hot water, dbl bed, fridge, tv, table, terrace…). Perfect for couple or travellers, rented out 1200 THB / night during high season and 500 during low.
• 3 deluxe bungalow 24 sqm. for 4 persons (air-con, hot water, dbl bed, sofa bed, fridge, tv, table, terrace…). Perfect for couple with children or small groups of travellers, rented out between 1500 THB / night during high season and 700 during low.
• 1 2-bedrooms deluxe bungalow for 6 persons (air-con, hot water, dbl bed, sofa bed, fridge, tv, table, terrace…). Perfect for big groups or families. Rented out 2000 THB / night during high season and 1000 during low.
• 1 fan bedroom 15 sqm. for 2 persons (fan, hot water, dbl bed, fridge, tv, table, terrace…). Ideal for low budgets (500 THB / night). Now used by staff.
• 1 main building with reception room, shared kitchen, bathroom, terrace and sitting area
• parking area
• landscaped garden with mature trees
• A lot of free space available for more bungalows, or a swimming pool.

Every commodities by walking distance from the resort (7 eleven, market, restaurant, massage,…)

The resort also includes 2 big building on the main road. Each building has 4 shop of 30 sqm., for a total of 8 shops. These shops are rented out to local thai families. The rent is 3000 THB / month / shop. Yearly income from the shop is up to 288,000 THB / year.

There is a lot of free space behind the main area, for more buildings / bungalows / etc. The size of the land is approx. 7500 sqm.

Electricity is approximately 90,000 THB / year. Note that the 8 shop pay electricity to resort owner every month at the rate 10 THB / Unit.

Water is approximately 7000 THB / year. No water outage. New water pump.

The rent for the land PRECOVID was 600,000 THB / year. Pay 1 time yearly. Contract 12 years. No increase every 3 years. Right now the owners and the land lord have found a very reasonable deal for the current year, it will have to be discussed again next year (July 2023).

Note that if you deduct the rent from the 8 shop, the rent for the resort area only is around 212,000 THB / year (when the unit are fully rented out). As of today (September 2022) 5 out of 8 units are rented out.

The resort works with 1 manager + 1 staff all year round. Only hire some extra staff per day during the high season when needed. 

Laundry shop next to resort makes it easy to clean bed sheet, towel…

Full Financial information available on demand.

The resort have very good review on booking (around 9/10). The sale includes access to booking websites and access to the website of the resort, and access to FB, etc.

This resort has been renovated in 2018 and everything is in pretty good condition.

All in all it’s a very interesting opportunity, probably the best offer of the moment when it comes to entry level turnkey business on the island. The rent of the land is pretty fair. The location is very central and guests love it.

Price is negotiable. Owners have several other business on the island, and they have a new project. Owners will be around to help new owners if needed.

The property is also available for sale for bitcoin !

Contact Us for more information