Apartment Block


Listing ID: 70080082

Listing Title: Apartment Block

Quick Link: http://www.globalbx.com/listing.asp?bId=80082

Industry: Real Estate

Industry Segment: Other Real Estate

Country: Thailand

State / Province:


City: Koh Samui

Asking Price Range: $500K - $1.0M

Gross Revenues: $85,714

Cash Flow: $71,428

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2007

Number of Employees: 1 - 3

Business Description:
Imminent emergency owner relocation has forced the sale of this one year old Apartment Block which sits just 200 metres from the beach in Chaweng, Koh Samui. There are five apartments in the complex; each measures 90 square metres, and consists of two bedrooms, a living room, a kitchen and a bathroom. Every apartment is fully furnished, and a successful website has helped to keep the complex running with good occupancy rates all through the first year of trade, leading to receipts of around 3,000,000 baht and net profits of approximately 2,500,000 baht. The freehold property comes with a Chanote land title deed and a registered Thai company. A low maintenance tropical garden, with coconut palms and a swimming pool, helps to provide a relaxing ambience. Contact for more information on this Apartment Block for sale.

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