Entire Marina Project For Sale


Listing ID: 70071972

Listing Title: Entire Marina Project For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=71972

Industry: Hotels and Holiday Accommodation

Industry Segment: Holiday Resorts

Country: Thailand

State / Province:


City: Krabi

Asking Price Range: $1.0M - $2.5M

Gross Revenues: Seller Will Provide

Cash Flow: Seller Will Provide

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2006

Number of Employees: 1 - 3

Business Description:
Marina & Condo Resort project at Krabi Province available for sale to investors at the very low price at 1.25 + million USD for the entire project. Included in the sale is Land of 8 rai (approx 3 acres) with full Chanode Title Deed, construction licenses, arhcitectural drawing and business plan. Best view of the famous mountain limestone pittons (as seen in James Bond), sea views, golfcourse views, canal views, rice field views. The development opportunity is just 23 Kilometers from Krabi International Airport and 30 Kms from Krabi town. The construction license permit is granted to build to a height of 7 floors and is the last high rise development license granted before the Thailand government announced new rules stopping construction of over 12 meters (3 - 4 floor building) in height from March 26, 2007. This project has real potential for investors who want to build a stunning contemporary project in the heart of one of the worlds most beautiful and fastest growing vacation/second home destinations. In front of (and connecting to the land) is the largest tourism project ever developed in Thailand and that project will eventually cost USD 1.4 Billion, where you will see a professionally designed golfcourse, 3 five star hotels, super hi-end marina for mega yacht and over 1400 villas and condo's. Just along from there is another project on the same beach belonging to a Swedish group. The most important factor is the license for construction of three 7 floor buildings, the likes of which will not be allowed again on Krabi. The license was issued on the 26 Feb 2007, one month before the new legal system came into operation. Contact for more information on this Marina for sale.

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