| Date | Header | Price | ||
|---|---|---|---|---|
| 18/10/2006 |  | Sri Furniture (208 Sq.m) Three storey | 15 500 000 | |
| 03/11/2006 |  | Large Family Home with Pool | 15 500 000 | |
-- Hotel/Guesthouse -- Eastern Region
-- Chonburi -- --
| Edit | |||
| 07/11/2006 | Established Guest House in Top Location |
15 500 000 | ||
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| This is your opportunity to own an established, successful 6 room guest house in prime location 300m from the beach. This 3 storey property houses 6 apartments: 56sq m, 56 sq m, 56 sq m, 75 sq m, 95 sq m and 128 sq m. The 128 sq m apartment has 2 bedrooms, 2 bathrooms, living area, dining area and kitchenette. The other 5 apartments have 1 bedroom, 1 bathroom, living area, dining area and kitchenette. Each apartment has AC in the bedroom and an overhead fan in the living area, security door and wall safe for valuables. The interior decoration is new and the apartments are furnished to a good standard. Presently the owner is living in the top floor, 128 sq m 2 bedrooms, 2 bathrooms apartment, but this could easily be rented out for 45,000+ baht per month. One apartment is rented out at 36,000 baht per month. Four other apartments rent at between 17,000 and 22,500 baht per month. Rentals are usually for one month or more, but the apartments are rented out for 1,200 baht per night when available. Most of the “bookings†are repeat business, people who know and like Pattaya but do not like spending their vacations in small hotel-like rooms. Home Features FINANCIAL PROJECTIONS: The owner states that he is busy all-year-round. •Calculating that all 6 apartments are rented out for 9 months of the year the gross income is 1,390,500 baht. RETURN ON CAPITAL 9% •Calculating that all 6 apartments are rented out for 12 months of the year the gross income is 1,854,000 baht. RETURN ON CAPITAL 12% •Calculating that 5 apartments are rented out for 9 months of the year and you, the new owner, live in the 128 sq m apartment, the gross income is 985,500 baht. RETURN ON CAPITAL 6% •Calculating that 5 apartments are rented out for 12 months of the year and you, the new owner, live in the 128 sq m apartment, the gross income is 1,314,000 baht. RETURN ON CAPITAL 8.5% | ||||
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