It's an opportunity to buy 2 five bedroom villas with a Football pitch in the middle. It Is located in Pasak Soi 8 , Bang Tao / Cherng Talay, the most upcoming area at the moment.
The total land plot is approximately 1,800 sq.m, divided into 3 plots. Each villa has 600 sqm land size with built up area approximately 450 sqm consists of 5 Bedrooms and private pool.
The unique estate is located in 4km away to Bang Tao Beach & Laguna Phuket. It's only 5 minutes drive to Porto de Phuket or Boat Avenue or Blue Tree Water Entertainment Park.
If an investor wanted to look at this as a business, owner ran it for 2 years as a super host on Airbnb and a genius on booking.com and he got averaged 10,000 thb per night for low season and 20,000 thb per night in high season - that is per villa and there are 2 villas (x double income).
The Chanote is held in a Thai company for ten years so in essence you can buy the company and just change the directors without too much red tape. Alternatively, Thais can transfer the title to their own name.
Lastly regarding the price: owner has dropped from valuation prior to the pandemic of 79 million THB to 55 million THB.
Now one villa is left empty from September 2021 till December 2021 for viewings.
This is the only listing where you will be dealing directly with the owners and they guarantee a hasty response.
Feel free to contact us if you need more information or make an appointment for viewing property.