Pattaya Resort for Sale: Lake Mabprachan Resort (Price Reduced)

Property ID : commercial36






Category
Hotels/Motels
Further Options
Freehold
Land Area
4836 sq m
Building Area
+2000 sq m
Number of car spaces
43
Zoning
Tourism sq m
Location
70/2 Moo 6 Pong 20150 Banglamung
Pattaya
Chonburi
For sale48.500.000 Baht



Lake Mabprachan Resort for Sale
This Pattaya resort for sale is located a short drive away from Pattaya, in an upscale residential area around Lake Mabprachan, an area with an extensive expat population, often living here with their families.
This creates a steady supply of customers for the pub / restaurant especially considering the resort is very family and child friendly.

As well we have very easy access to the highway/toll way road system (less then 2 minutes), putting all the major Eastern Seaboard industrial estates within a short drive away.
As such the resort is very attractive to the companies on the Eastern seaboard to accommodate their short-term expat visitors who are attracted by the short commute to/from work and the availability of all amenities any modern business person could wish for. Driving time to Pattaya City 10 minutes, by private taxi 300 THB, Bangkok airport 70 minutes, by taxi 1.000 THB and for a airport pick up 1200 THB.
History of Lake Mabprachan Resort
In 2006 , construction started on the resort and upon completion daily operations were managed by the
owner for the next three years. Owing to unforeseen health problems, a decision was made to rent outa
the resort to a tenant. At the end of his contract, a total renovation took place and the Resort is now
ready for a new beginning.
Since the construction of a whole new luxury village with a huge shopping mall has been started
around lake just 4 minutes away from the resort, the future looks great for the new owner/investor
with no comparable competition.



Lake Mabprachan Resort is built on land covering 4836 square meter or 3 rai 9 talang wah and the
built up area is over 2000 sqm. The resort comprises a security house which covers 54 sq. meters.
The swimming pool size is 22 by 8m with a large Jacuzzi which has the capacity to seat 10 people.
The pool has a salt water chlorinator and pumps, just renewed.
The whole resort is built on a single, ground floor with ramps to give easy access for wheelchairs. This resort is multi functional, can be used as a holiday resort,hotel, private gentlemen club, big massage parlor in cooperation with tour agencies or home for elderly, rehabilitaion center or it also can become the residence of a Sheikh with a large family, without spending to much money for transformation.

This Pattaya resort for sale has 33 guestrooms, comprising the following .. 11 Standard rooms, 17 Deluxe rooms, 4 Superior rooms, 13 staff rooms and 3 bathrooms (8+2 in main building, 5+1 in security house), one 300 square meter VIP suite that has 1 large living room, 2 bedrooms, 2 bathrooms and a private garden. 19 of the rooms have a small private garden. It has a professional equipped kitchen in stainless steel just newly installed. There is also one air conditioned pub / restaurant which is decorated with a one of a kind, 3500 liters aquarium complete with fish. The premises also has 1 disco that can be used as a second pub or to give private parties. We also offer 2 outside garden bars, a stage for live music fully equipped with professional sound and light installation for DJ or karaoke performances , open air dining area, technical room, laundry, office, full equipped fitness room, massage and sauna room and movie theatre. Lake Mabprachan resort also has 2 public shower/toilet rooms plus 5 public toilets with sinks, 3 indoor car parking spaces or a storage area of 100 sqm. 40 outside car parking spaces (20 inside and 20 outside the gate) .

General info equipment:
Great care has been taken to equip the resort to a very high standard. Technology has been used throughout to ensure smooth and efficient running of the resort, along with creating a high customer satisfaction level.
A lot of the resort furniture is made from teakwood, handmade on special order in Lam Pang province, North of Thailand.
ADSL internet with Wi-Fi access throughout the resort, including every room. Fully automatic computer controlled swimming pool system (salt water chlorinators, just brand new replaced.) Satellite systems receiving all major Pay-Tv networks broadcasting over Asia. Outdoor projection system (6000 lumens LCD projector, electrical retractable 6m by 4.5m screen), along with a powerful hifi PA system.
2 indoor projection systems (pub/restaurant) 1 indoor projection system / surround sound system (movie theatre)
29‚ÄĚtelevision sets in every room, with 99+ channel cable TV. Wired LAN network cabling into every room. Also in the resort: extensive CCTV protection, 16 cameras throughout the resort, recording all movement, and accessible anywhere in the world through the internet, giving you live monitoring wherever you are. It has a digital programmable PABX phone system, cabled into every room. The resort is powered by its own 24KV 100A 3 phase high tension transformer, which is a big advantage that nighttime/weekend and public holiday consumption is only charged at 0.029 Euro per Kwh, resulting in low utility bills. A 40 meter deep well provides unlimited, virtually free drinkable water for the resort.. All light bulbs from the whole resort are just renewed in LED and energy saving bulbs.
Lake Maprachan Resort is listed with the most important booking agencies:
Agoda, Hotel.com, Trip Advisor, Expedia, Combined, Rumbo, Thailand Dee, Kajak and so many more. Above listings and many others are now temporary placed on hold due to the renovation works, now almost ended, can be re-opened by the new owner.

Selling Price is:
48,500,000.00 THB
Please look at our currency exchange rate site: XE Currency Converter

The person, persons or group who is acquiring the resort would simply buy the shares and the directorship of the company Ltd which owns the land, the buildings, inventory and all necessary licenses to operate the resort. As such there are almost no transfer taxes to be paid.

Since only the shares of the company Ltd have to be transferred, no taxes are involved. We can be very flexible on how the payment can be done. Anywhere in the world, major currencies in cash and / or bank transfer. The selling price includes land, buildings and the whole inventory.
Price calculation:
Land price, fill up and leveling, wall building 500 mx3 m high : 15,000,000.00 THB
Buildings +2000 SQ M double brick and ceiling isolation, teak wood
Swimming pool 170 SQ M and garden works: 40,000,000.00 THB
Technical installations and inventory: 15,000,000.00 THB
Total 70,000,000.00 THB +vat

The owner from this Pattaya resort for sale can provide the option for a flexible payment plan. In this case the first payment is set at 25,000,000.00 THB followed by 5 years of monthly payments of 800,000.00 THB (=7,425 % interest yearly). We suggest going over the details of this payment with the owner directly.