transfer
& details
The managing company "Baan Taantawan Co.Ltd."
is for sale by the way of shareholder change,
just the company director change the 49%, then he
is the new owner
of the company with land and building (Hotel) and
all licenses.
The company has a registered capital of 2 Mio. Thai
Baht and one foreign work permit.
With
purchase interest 3 Mio. downpayment, the remainder
according to agreement
at the latest with transfer of the company.
The cost of the transfer to be coverd by buyer.
The accounting is done by "VIMAMI-Consulting"
in Phuket town (www.vimami.com)
Mr. Mike Slanina, the managing director of VIMAMI,
is also the lawyer,
who certifies the shareholder change.
!!!
New project coming soon directly opposite of our property
!!!
The
Idea
The existing hotel is not the deciding
factor for the price but rather the location !!
A
new main road is build just at the back of the building,
which guarantees easy access to the site and an increase
in value.
The
hotel is situated only approx. 150 m away from the
new shopping center Jungceylon and the new Banzaan
covered market. The new street will be equipped with
underground power supply cables, sewage pipes, fresh
water pipes and glass fiber cables for fast telephone/internet
lines, to which one can be connected. In the section
in front of the hotel the road still is under construction
and will be completed most likely within approx. 6
months.
The
hotel locates for about 13 m in length directly to
the sidewalk of the new Patong Bypass Road which will
have 4 driving lanes and a parking strip. In the course
of the redesign of the hotel, approx. 400 sqm (ground
floor + 1st floor) for a new shopping area may come
up, which can be divided into up to 3 shops. A rent
of up to THB 1500/sqm yields a value of approx.THB
40 Mio and represents an excellent return of investment.
In addition the land prices at the heart of Patong
Beach still increase by approx. 10-20 % every year.
Additionally
one can building 7 floors, the first two floors for
shops, in the next five floors is space for about
8 Apartments with a price of approx. 4 Mio THB/Apt.
and a Penthouse with a price of approx. 6 Mio THB
can be built on the highest floor, as a rental income
property. Alternatively approx. 25 hotel rooms are
possible at the above-mentioned upper floors.
An
investment worth checking out.
Asking price 25 Mio THB
stand
1. May 2008
