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This property is a retail space with 9 bed that is available for sale. It is located in Mueang Phuket, Phuket. You can buy this retail space for a base price of USD892,292 (-).
9 bedThis investment opportunity is located in a popular yet quiet and peaceful area at Rawai Beach.
The 2-building development sits on 2 Rai 46.1 SqW, with Chanote title, and is only 300 meters from the beach.
The development is accessed by a concrete road with 3-phase power.
The apartments overlook a landscaped garden with a 120 sqm freeform swimming pool.
The existing development consists of large 2-bedroom apartments.
All apartments have 2 bedrooms, each with an en-suite bathroom, a large living/dining area with a fitted European kitchen, and a balcony/terrace overlooking the swimming pool.
Each apartment has a total living area of 102 sqm.
The first building has 4 apartments, one is already sold.
The 2nd building with 6 units is 70% finished.
The owner is offering this entire development for sale at a reduced price well below the asset value of the land, buildings, and infrastructure constructed to date.
The development to date is 100% paid for and free from any debt.
Annual rental income is approximately 400,000 THB per annum.
Included in the Rawai apartment investment for sale offer:
Existing Thai limited company (the legal owner of the land and development)
2 Rai 46.1 SqW (3,384.4 sqm) of land with Chanote title (currently valued at 30M THB)
All existing buildings, facilities, and infrastructure (1 apartment in building sold)
A website including registered domain name
Quick Facts
• Land Title: Chanote
• No. of Units: 9
• No. of Floors: 2 & 3
• Balcony: ✔️
• Air-con: ✔️
• Car Park: ✔️
• Garden: ✔️
• Pool: ✔️
Let's Talk!
The 2-building development sits on 2 Rai 46.1 SqW, with Chanote title, and is only 300 meters from the beach.
The development is accessed by a concrete road with 3-phase power.
The apartments overlook a landscaped garden with a 120 sqm freeform swimming pool.
The existing development consists of large 2-bedroom apartments.
All apartments have 2 bedrooms, each with an en-suite bathroom, a large living/dining area with a fitted European kitchen, and a balcony/terrace overlooking the swimming pool.
Each apartment has a total living area of 102 sqm.
The first building has 4 apartments, one is already sold.
The 2nd building with 6 units is 70% finished.
The owner is offering this entire development for sale at a reduced price well below the asset value of the land, buildings, and infrastructure constructed to date.
The development to date is 100% paid for and free from any debt.
Annual rental income is approximately 400,000 THB per annum.
Included in the Rawai apartment investment for sale offer:
Existing Thai limited company (the legal owner of the land and development)
2 Rai 46.1 SqW (3,384.4 sqm) of land with Chanote title (currently valued at 30M THB)
All existing buildings, facilities, and infrastructure (1 apartment in building sold)
A website including registered domain name
Quick Facts
• Land Title: Chanote
• No. of Units: 9
• No. of Floors: 2 & 3
• Balcony: ✔️
• Air-con: ✔️
• Car Park: ✔️
• Garden: ✔️
• Pool: ✔️
Let's Talk!
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Swimming pool
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Garden
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Grill
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Air conditioning
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Internet
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Car park
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Fully furnished
- Date Listed Jul 20, 2021
- Updated Apr 19, 2022
- Property Type Commercial
- Floor 0
- Bedrooms 9
- Size 0 m²
- Price per SqM -
- Furnished Fully furnished
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