Hotel on Phuket Island, Thailand, 40 sq.m

40 sq.m 9% per year

Residence Online Viewing Remote Transaction

Property ID on Prian.info: 3574540
Last update: 14.01.2023
Number of views: 4369

Sale price	200 139 €
Price per square meter	5 003.47 €
Floor area	40 sq.m
Construction phase	New building
Date of construction	2020

Address	Thailand, Phuket Island
Location	at the seaside
to the beach	800 meters

Residence permit upon purchase
Online viewing is available
Opportunity of a remote transaction

Profitability
Annual return	9 %
Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100%
Annual income	18 012 €
Annual rental revenue, excluding operating expenses

Business expenses
Not included in the price
Tax	3.5 %

Maintenance
Annual tax	900 €
Total year expenses	900 €

Rooms in a working 5* hotel under the management of a large hotel chain are offered for sale. The hotel is located in Phuket, 800 meters from the ocean.

After purchasing a room, the investor receives a fixed return of 9% per annum for 5 years, which is guaranteed by the hotel regardless of other factors (season, occupancy, etc.). After 5 years, the repurchase of the room is guaranteed. At the same time, the investor does not incur any operating costs – he simply receives income.

Additional benefits for the investor:

The owner of each room is entitled to a free stay at the hotel for 30 days every year
After 30 days a year, the investor receives a 30% discount on accommodation and all hotel services.

Room rates range from $215,000 to $368,000.