Around 50% of the total land area was used to construct the central resort road and 5 plots with 61 premium pool villas. There is another 13 Rai empty land plot for future development
The Resort is in good financial and technical shape, it’s making decent profit and all owner fees are paid. Professional management, staffing and IT ( Booking, website and accounting ) are in place and easily scaled up for expansion
RESORT INCOME: Daily , monthly and yearly is secured in several ways.
27 Bungalows are rented out as hotel rooms. Other substantial income is generated by all 61 Bungalows through spending ‘s in the restaurant, shop, booking or tours, taxi service, rental of cars, motorbikes, bicycles and through cleaning services and the owners annual management fees. This is a great hotel business with official license that can be easily scale-up with fresh focus
PlOT F OPPORTUNITY (2.2 Rai/3,520 Sq.m Land)
This price of land can facilitate another 16 Bungalows with 16 additional terrace Rooms. Electricity , water , sewer drainage and most technical drawings are already available .The bungalows can be sold with ongoing rental agreements, adding 32 rooms to the hotel and generating considerable income. The total land area is already divided into 16 plots
PLOT G+H OPPORTUNITY (10.84 Rai/17,350 Sq.m land)
These plot can facilitate two building , each comprising 150+condominiums plus a large road side restaurant ,pub and center for company. The land can of course also used to build another 65 premium bungalows or large exclusive villas with private pools.
APPRAISAL REPORT (March 10,2022): Current Property Value 113,391,000 THB. / Fire Insurance Value : 7,530,000 THB
The Seller agrees to transfer ownership of 3 registered Thai Companies which own the property, provide maintenance services or run the Hotel Business with a license in the Talay Tara Resort. A sale in this case means transferring all the shares of the 3 companies to the new Buyer including all the assets, land plots (25.2 Rai), infrastructure, two 3-bedroom Villas C5-6 (fully furnished) and Villa E15-16 (unfurnished)
Photos are actual