Hotel investors and agents with brains: READ THIS NO-BRAINER!!! The Pattaya Property Network group can offer “Eurostar International” on sale, a presently ugly building, victim of looters and NOW in distress but strongly built 20 years ago.
The 5 floors building is only 150 meters from Jomtien beach, built on 652 Sqm land with pool, large ground floor bar/restaurant lift, 35 rooms, and the price went down from 58m THB to now 50m THB (The real value of 652 Sqm land without building).
We have a specialized renovation company with 20 years’ experience ready who can turn this distressed building into a luxurious licensed 30 rooms boutique hotel in less than 6 months for 10m THB extra.
So, the clever investor ends up with a 30 rooms boutique hotel 150 meters from the beach for a total of 60m THB, easy to resell for 80m THB and in the meantime enjoy a super high ROI because this hotel had 80% plus occupancy before Corona.
We call this a no-brainer!
Agents with buyers are more then welcome and will get the proper commission. Send email to pattayapropertynetwork@gmail.com, we have the key to show it!!!
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