5 Bedroom Apartment for sale in Patong, Phuket
Exceptional Investment Opportunity – Fully Renovated 3-Storey Building in PatongA rare and highly attractive investment opportunity not to be missed. This fully renovated 3-storey building features 5 bedrooms, 5 bathrooms, and 5 kitchens, and is sold fully furnished with tenants already occupying each unit—allowing you to generate immediate rental income from the day of ownership.Ideally located in a peaceful villa area of Patong, the property is surrounded by a wide selection of shops and restaurants. It is within walking distance to Patong Beach (approximately 20 minutes) or just a short 5-minute motorbike ride. The property is also conveniently situated near MT Patong Hotel.Unlike many apartment buildings in the area, every unit has been completely renovated to a high standard. The building is in excellent condition with no repairs required, making it a truly turnkey investment with strong income potential. It is well-suited for both long-term rentals and short-term (daily/weekly) rental strategies.Recent Renovations Include:New electrical wiring and power outletsNew LED lighting throughoutNew air conditioning unitsNew electrical appliancesNew plumbing system and fixturesFresh interior and exterior paintBrand-new furnitureNew televisionsUpgraded kitchen cabinets and fittingsRenovated windows and doorsUnit DetailsUnit 150 sq.m., located on the 1st floor and occupying the entire floor. This unit features a private Jacuzzi pool, 1 bedroom, 1 bathroom, and a separate bedroom area from the living room and kitchen. It also includes 2 new air-conditioning units, new flooring, and a large kitchen.After the renovation is completed, this unit is expected to be rented at THB 30,000 per year. For short-term rentals, it can potentially generate around THB 50,000 in rental income. The renovation is expected to be completed within approximately 45 days.Unit 225 sq.m., located on the 2nd floor. This unit includes 1 bedroom, 1 bathroom, and 1 kitchen, with no balcony. The unit is currently tenanted at THB 13,000 per month.Unit 325 sq.m., located on the 2nd floor. This unit includes 1 bedroom, 1 bathroom, 1 kitchen, and a balcony. The unit is currently tenanted at THB 15,000 per month.Unit 425 sq.m., located on the 3rd floor. This unit includes 1 bedroom, 1 bathroom, and 1 kitchen, with no balcony. The unit is currently tenanted at THB 13,000 per month.Unit 525 sq.m., located on the 3rd floor. This unit includes 1 bedroom, 1 bathroom, 1 kitchen, and a balcony. The unit is currently tenanted at THB 15,000 per month.Please note: for Unit 1, “THB 30,000 per year” may need to be rechecked, as the other rental rates are stated per month. This property presents an outstanding opportunity for investors seeking a fully operational, income-generating asset in one of Phuket’s most popular tourist destinations. Whether you are targeting stable long-term tenants or higher-yield short-term rentals, this building is ready to deliver strong and consistent returns.The exterior of the building has been fully renovated, including new plastering and a complete repaint using high-quality paint, as shown in the photos. The walls are in good condition with no visible cracks.We have also added parking space and decorative plant pots, which are nearly completed. As shown in the photos, the ground floor at the front of the building is still under construction. The bricks and covered canvas area indicate the section where the swimming pool is currently being built.We expect the entire work to be 100% completed within approximately 45 days from now.
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37 m²
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