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   Date    Header Price  
-- Business-other -- Southern Region -- Surat Thani -- --   GE Edit
08/06/2006

Beachside Koh Samui Housing Project

100 000 000
BKK11199FS - This stunning beachside Koh Samui Housing Project was established five years ago, and is producing annual profits of 7,800,000 baht, from receipts of 9,500,000 baht. Consisting of eight large Thai style luxury villas, set around an ornate swimming pool, the development is located on 6,800 square metres (over four rai) of tranquil landscaped gardens, with a Chanote freehold land title; all will be acquired by the new owner, except for three of the houses, which have been sold already. Renting for approximately 6,000 to 10,000 baht per night, depending on season and the number of guests, the villas feature sumptuous furnishings, and are constructed to the highest standards. Owner financing is available (as is bank financing), with a down payment of 50% of the purchase price, and the owner is willing to help in the transition process. An on site travel agency is also included in the sale, and the business operates with the assistance of several large European tour operators. Plans are in place, and approved, for the construction of a further three storey roadside building, to accommodate offices, a restaurant, a spa, a massage parlour and apartments. Beach side land value at this location is between 8,000,000 baht and 15,000,000 baht per rai.


Annual revenue 9,500,000 Baht ($237,500)

Annual Owner\'s benefit (earnings before taxes and depreciation) 7,800,000 Baht ($195,000)

Furniture, Fixtures & Equipment included in the Investment Price 11,000,000 Bath ($275,000)

Your Total Investment to own this business 100,000,000

Your Initial Cash Investment Needed 50,000,000 Baht ($1,250,000)

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