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Global Properties

Hotel in Kathu, Thailand No. 69521

$ 6 094 562
Kathu, Thailand
Parameters
ID
69521
Type
Hotel
Completion date
I quarter, 2019
Property description
This property is a 4,800 SqM hotel with 100 bedrooms and 100 bathrooms that is available for sale. It is located in Kamala, Phuket and was completed in Jan 2019. You can buy this hotel for a base price of ฿190,000,000 (฿39,583/SqM).


This 7-floor, 9,200 sq.m building is a rare investment opportunity in Kamala, Phuket — located only 700 meters (12-minute walk) from Kamala Beach, and 10 minutes from Tops Market and Villa Market.
Built in 2019, the property is fully equipped and ready for renovation or repositioning as a hotel or condominium project.
Property Highlights

110 fully built rooms (existing living area ~4,800 sq.m)

Existing room mix:• Type A – 76 units (38 sq.m)• Type B – 12 units (48 sq.m)• Type C – 11 units (49 sq.m)• Type D – 6 units (51 sq.m)• Type E – 5 units (100 sq.m)

Swimming pool, restaurant space, and lobby on the ground floor

Large rooftop with panoramic views

West-facing rooms with partial sea views from the 6th–7th floors

Professional Schneider electrical system, fire-hydrant system, and pumps

Private water well, plus rooftop tanks

On-site car parking

Located in a safe and quiet residential neighborhood

24 km (45 minutes) to Phuket International Airport

9 km to Boat Avenue & Porto de Phuket15 Minutes to Patong

Development Potential
A full renovation proposal has already been completed, including:

New general plan increasing to 142 rooms (approved for a branded hotel option)

Architectural concepts & new interior design

Detailed quotations from contractors & suppliers

This Project has multiple development models:• Branded 4-Star Hotel (Hilton Garden Inn / Hampton)• Independent 4-Star Hotel• Condo for Rent• Condo for Sale

Renovation timeframe: 6–18 months, depending on the chosen concept.
Investment Structure

Asking price: 190 Million THB

Possibility for a 5-year installment/payment plan directly with the owner (part of the payment)
Features
Features
  • Terrace
  • Roof terrace
  • Private pool
Indoor facilities
  • Covered parking
Outdoor features
  • Garden
  • Common area with pool
Statistics Kathu
$ 4 223
Price per m²
105
Quality of Life Index
44
Cost of living Index
Parameters
[:second_city:]
Phuket
Difference
Monthly Rent Cost
1-Room Apartment
$ 657
2-Room Apartment
$ 485
Apartment Purchase Price per m²
In the City Center
$ 4 223
Outside the City Center
$ 2 994
Crime Index
40
Cost of Living and Rent Index
34
Purchasing Power Index
32
Property Price to Income Ratio
34
Safety Index
60
Traffic CO₂ Index
7751
Traffic Inefficiency Index
218
Rent Index
23
Health Care Index
77
Groceries Index
49
Pollution Index
51
Traffic Commute Time Index
38
Restaurant Price Index
38
Climate Index
69
Cost of Living Index
44
Quality of Life Index
105
Traffic Index
175
Restaurants
Meal, Inexpensive Restaurant
$ 7.00
Meal for 2 People, Mid-range Restaurant, Three-course
$ 47.27
McMeal at McDonalds (or Equivalent Combo Meal)
$ 9.45
Domestic Beer (0.5 liter draught)
$ 2.21
Imported Beer (0.33 liter bottle)
$ 3.78
Coke/Pepsi (0.33 liter bottle)
$ 0.76
Water (0.33 liter bottle)
$ 0.44
Cappuccino (regular)
$ 3.20
Markets
Milk (regular), (1 liter)
$ 2.00
Loaf of Fresh White Bread (500g)
$ 1.75
Eggs (regular) (12)
$ 2.25
Local Cheese (1kg)
$ 18.11
Water (1.5 liter bottle)
$ 0.55
Bottle of Wine (Mid-Range)
$ 20.06
Domestic Beer (0.5 liter bottle)
$ 1.86
Imported Beer (0.33 liter bottle)
$ 3.20
Cigarettes 20 Pack (Marlboro)
$ 4.59
Apples (1kg)
$ 3.13
Chicken Fillets (1kg)
$ 3.25
Oranges (1kg)
$ 2.35
Potato (1kg)
$ 1.52
Lettuce (1 head)
$ 1.14
Rice (white), (1kg)
$ 1.73
Tomato (1kg)
$ 2.28
Banana (1kg)
$ 2.07
Onion (1kg)
$ 1.43
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 11.31
Transportation
One-way Ticket (Local Transport)
$ 1.50
Monthly Pass (Regular Price)
$ 23.61
Gasoline (1 liter)
$ 1.32
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 28 364
Taxi Start (Normal Tariff)
$ 3.15
Taxi 1km (Normal Tariff)
$ 0.91
Taxi 1hour Waiting (Normal Tariff)
$ 5.19
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 28 175
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 112
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 19.04
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 12.16
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 532
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
6%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 61.10
Tennis Court Rent (1 Hour on Weekend)
$ 12.31
Cinema, International Release, 1 Seat
$ 8.04
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 66.77
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 29.65
1 Pair of Nike Running Shoes (Mid-Range)
$ 100
1 Pair of Men Leather Business Shoes
$ 93.21
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 633
International Primary School, Yearly for 1 Child
$ 16 296
Samuitimes
Samuitimes
Contact seller
Samuitimes
Samuitimes
Contact seller

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