Beach Resort Development

[SunbeltAsiaAdvisor]

Beach Resort Development

Location: Hua Hin

Listing ID# BKK14027

Negotiable THB

BUSINESS SUMMARY

A brand new Beach Resort Development in Hua Hin is offering investment opportunities for investors and co-operating partners. The full renovation and re-branding of an existing and operational development is currently being undertaken, with the aim of providing a highly attractive property providing accommodation for international tourists and golfers, with a special focus on the Scandinavian market.

The total resort area measures over 400 rai (one rai equals 1,600 square metres) and includes approximately 200 rai of undeveloped land. There is an 18 hole golf course and club house, around 16,000 square metres of accommodation including condominium units and hotel rooms (these are unsold but completed) and general resort infrastructure in place.

Funds are being raised to renovate and modify the exterior of the existing resort building, renovate the facilities (a new lobby, hallway et cetera), modify the existing infrastructure, construct a new entrance, and to improve the roads, landscaping and the existing units. A new beach club will be added, along with a sky lounge, spa areas and a sunset view wine and dine restaurant.

The 158 units consist of studios, one bedroom, two bedroom and three bedroom suites and penthouses along with two state of the art 600 square metre suites. A fully detailed prospectus is available for viewing. Investors have the opportunity to purchase units for their own personal use or to profit from rental returns. Alternatively, they may invest directly into the development in a profit-sharing model, together with the developer. Asking price: negotiable.

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