Resort for sale

Maehongson, Thailand, Thailand

Sunbelt of Bangkok

The following broker is assigned to this listing:

Greg Lange

Description

Located in the small picturesque town of Pai, in Mae Hong Son Province, this Resort sits on over 11 rai of land and consists of 11 cottages, a restaurant with terrace seating, an owner's house and a huge teak house for large tour groups. Sitting amidst scenic landscapes, and surrounded by mountains, the business is perfectly placed to draw tourists, especially as there are a range of activities on hand for active travellers to participate in. The resort has run for 12 years, and the current owner has been in place for the last three. He is moving on however, and will sell the establishment on a freehold basis, with all buildings and land included. The resort is currently rented out to a business operator who pays the owner 40,000 baht per month in rent. This operator is aware of the proposed sale, and is happy to vacate the business after three months notice is given; he is also more than happy to stay on however, as he is pleased with the way the business is going. The new owner therefore has the opportunity to either manage the resort full time, to find a new manager for his enterprise, or to sit back and let the business tick over with monthly rental payments to enjoy, with the current tenant in place.

Financials

Property

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