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Close to Karon Beach Phuket Hotel
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Karon Beach Hotel in Phuket
This Phuket Hotel is only 120 metres from Karon Beach, one of Thailand's most prestigious.
There are 20 air-conditioned rooms ranging from 24 to 40 square metres in size, and the business has a Chanote Freehold Title in place.
Built in 1998,there are two buildings involved here, near to each other but not adjacent, consisting of two converted shop houses per building.
There is a total land area of 320 square metres, and the buildings are approximately 1000 square metre in floor space size with large underground water tanks.
These tanks are able to produce a private water supply for about three days.
The assets involved are almost worth as much as the asking price.
There are banks, offices, nightclubs and restaurants all within easy walking distance, and the beach itself is often regarded as Phuket's finest and most pristine.
The properties are constructed to the highest standard,and there is a restaurant and bar with seating for around 30 people.
All rooms have tiled floors,premium satellite teltvision,mini bar and safe.
Receipts were 3.6 million baht in 2002,with profits of 2.1 million baht,and estimates for 2003 are for a 20% increase on those figures.
The owner is leaving as he has another business he wishes to concentrate on.
There is room for expansion with this business,or a personal private penthouse could even be built.
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