Koh Lanta Rental Villa Business

Description

Rental Villa Business for Sale in Koh Lanta, Thailand

Five contemporary, tropically designed and newly completed rental villas; all set within a mature tropical garden less than a minute’s walk from one of Koh Lanta’s Long Beach.

Each of the five properties has two full bedrooms and a bathroom, as well as a high ceiling in the open plan kitchen/living area. All the five properties are fully furnished and equipped and completely ready to start renting out to holiday guests.

The villas share 1,200 sqm plot of land, which also has a swimming pool for the sole use of the villas.

Not only are these Koh Lanta properties close to a fantastic beach; this is also a peaceful area. Even through you are easy walking distance to a huge variety of restaurants, bars & shops that this area has to offer.

The rental market in Koh Lanta is booming, and this is a great opportunity to benefit with this turn-key business.

Current income is 1.5M THB per year. This could easily rise to 2M THB if more focus was given to the summer season.

The entire rental villa business includes; the rental of the land, the five fully equipped villas and the swimming pool is available for purchase for 12.5M THB. There is space for a further villa if required.

This includes a very desirable, extremely long lease of 26 years with an annual rent of only 250,000 THB.  The rent is already paid until the end of August 2019. Due to the length of the lease; it would be possible to easily build up the business and resell at a later stage, still with a long enough lease to be interesting to future investors.

There have also been plans drawn up for the construction of a two-storey building of 6 apartments on the remaining vacant land. These can be supplied with the purchase of the business. This would of course, allow the growth of the business at a later stage.

Viewings are by appointment only. Please contact Lanta Island Property to arrange.

Long Beach

A short drive South from Saladan and Khlong Dao, you will find another fabulous beach. Around 5KM in length, Long Beach, also known as Prae Ae, is a much more cosmopolitan area, and with deeper waters, great for swimming. Long Beach also has a huge choice of bars, restaurants & shops all within easy walking distance.