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   Date    Header Price  
24/05/2006  Pattaya Apartment Block8 300 000
24/05/2006  Reputable five storey Guesthouse23 000 000
24/05/2006  Fruit Farm2 800 000
24/05/2006  Koh Samui Luxury Resort80 000 000
-- Business-other -- Eastern Region -- Chonburi -- --   GE Edit
24/05/2006

Pattaya Apartment Block

10 300 000
BKK11828GW - This eight year old Pattaya Apartment Block has become available as the current owner is seeking to raise capital for another business venture. The three storey 564 square metre building has 30 rooms that are permanently full. A Nor Sor Sam Gor land title deed is included in the sale, and the new owner will acquire the building and land and all the onsite assets (each room has a bed, cabinet and fan). Rooms rent for 2,000 baht per month each, and as they are always occupied this leads to annual receipts of 720,000 baht. As the seller owns the building and land the overheads are low, and net profits of 600,000 baht per annum are easily attainable. Land size is 47 square wah (188 square metres) and has been valued at 3,800,000 baht; the building itself was recently appraised at 1,600,000 baht. Providing a swimming pool and 24 hour security, the apartment block sits close to the Naklua Market and Dolphin Roundabout, and is only 10 minutes from the beach.


Annual revenue 720,000 Baht ($18,000)

Annual Owner's benefit (earnings before taxes and depreciation) 600,000 Baht ($15,000)

Furniture, Fixtures & Equipment included in the Investment Price 3,000,000 Baht ($75,000)

Your Total Investment to own this business 10,300,000

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