Popular Resort now for Sale – South West Coast, Koh Chang

PRICE REDUCED : 9,500,000 Bahts 6,900,000 Bahts

The owner (from Denmark) rented this place 13 years ago, in what is now the most popular area of the South West Coast of Koh Chang. He was one the first to build bungalow there and since that time the resort has never stopped to be improved.

The place now features :

• 20 Bungalows Fully Furnished (Aircon, Hot Water, Fridge, TV…)
• 7 Staff rooms
• 240m² Bar Restaurant open the main road (104 seats)
• Kitchen Area
• Swimming Pool with jaccuzi Bar area
• Parking Area
• Big garden area
• Laundry area
• Water source on the land
• Small shop on the road, next to the restaurant, can be used as a massage shop, ticket office, coffee chop, bakery and much more. (ticket office at the moment)
• Generator for restaurant, water pumps and kitchen installed
• Studio Room (musician owner)
• 1 Land of 2000 Sqm. (resort) and 1 Land of 400 Sqm. (staff room & sound proved music studio for musicians to practice loud music)
• website included
• booking agency included
• Thai company included

The smaller land is located 300 meters from the resort. The resort is sold fully furnished (as seen on pictures) and is ready to work.

The land rental price 350,000 Bath per year payable in advance and it comes with contract up to 30 years. The lease goes up 10% every 3 years (as almost everywhere in Koh Chang).

Bungalows are rented out 1200 -1500 Bath in the high season and 600 Bath in the low season.

Water is free (from source) only have to pay electric. The resort is linked to the government electricity and has big supply. (enough for more bungalows)

The owner was planning to build 9 more 2nd floor bungalow on the top of the “white and orange’ bungalows. Indeed the recent construction of these bungalows has been made strong enough to support 2 floors.

The turnover for this garden resort is around 7 Millions Bath per year and the net profit around 3 Millions. Financial records will be shown to the interested buyer.

The owner wants to sell because he has divorced with his thai wife and wants a fresh start somewhere else.

The price wanted is 9,500,000 6,900,000 Bahts.

Contact Us for more information