SOLD. 14 story hotel in Na Jomtien. Re-development opportunity.

Ref: 21255

Description

Resort Property on Jomtien Beach.

Land area 10-1-66.8 rai (16,667.2sqm.)

65 meteres frontage onto Beach Road.

Hotel management agreement was signed with major brand.

Renovation of the Hotel has been approved by EIA as of August 9th, 2019.

The Buyer shall reimburse the Seller for the Design Package for Hotel Renovation by Arsom Slip.

Designs for optional development of High Rise Condominium of 330 units by Arsom Slip, and 341 units by KTGY on vacant land behind the Hotel. Total amount approximately 16.7 Million Baht.

Terms and Conditions:-

Sign Sale and Purchase Agreement with deposit of 10%.

Land and Building Transfer with payment of the 90% remaining balance.

Price

Sales Price: ฿ 890,000,000

Overview

  • Type: Hotel
  • Area: Na Jomtien
  • Land Size: 16667 Sqm

Agents

Name Robert James