This pleasant 3-star Service Apartment is located in the heart of Pattaya’s entertainment district with restaurants, cafés and nightlife on the doorstep.
Guests can also visit Royal Garden Plaza and Soi Buakhao Market. about 1.5 km away from The Avenue Shopping Mall. The property is less than 11 km from Three Kingdoms Park. and within a 20-minute drive to Pattaya airport.

The Apartment offers airport shuttle service, 24-hour front desk assistance and laundry facilities. The Apartment is built in royal architectural style and comprises 22 non-smoking rooms plus 1 Large apartment (100 Sqm.) on the top floor. There is a professional kitchen possibility to add the breakfast and catering and bar to increase more profits

Features:
For your comfort, you will find air conditioning, cable television and a dining area. Every room has an en suite bathroom. with hot and cold water, mini-safes, fridges with mini-bar, etc.

There are 22 rooms sizes range from 20 Sqm. to 44 Sqm. plus 1 apartment 100 Sqm. on 6th floor. Clients enjoy Cable television, Mini bar & Fridge, Private DVD player, Individual controlling air conditioner, Safety deposit box, Lift, Wi-Fi, Car park.

Financial details:
• Staff: Payroll is 60,000 baht a month.
• Licenses: Hotel License provided, drink and food.
• Online: The hotel has its own website, which may be transferred to the new owner. It is also listed with the major online booking agents like agoda, hotels.com, expedia, etc. It is rated in Trip Advisor in the Specialty Lodgings in Pattaya category.
• Expenses: ฿150,000 – ฿160,000 per month for all fixed charges include wages and taxes.
• Business Operational: Yes open 8 years now.
• Reason for Selling: Owner would like to retire.
• Financials: May be made available to genuine buyers, only after inspection.
• Seller can credit on 30%…. or possible lease with guarantees.
• Sale Terms: 10% deposit (to secure the business and remove it for sale) and the balance within 30 days. Ownership does not transfer until payment has been received in full only.
Hotel has very good profit annual 10% return on investment for business hotel +10% per year of capital gain for building in Central Pattaya.
• Tenure: Freehold, Building and trade in a Thai company with only very little transfer fee for shares.
• Asking Price: ฿45,000,000 for the building and ฿ 21,500,000 for trade hotel.

Total price  : ฿66,500,000
Now! reduce to ฿50,000,000