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Kalasin Bungalow Resort


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UPDATE! The asking price has been reduced from 9,500,000baht to 9,000,000 baht.

This Bungalow Resort is located in Kalasin Province, inthe north-east of the country, and features 12 bungalows and staffaccommodation set on two rai (3,200 square metres) of freehold land with aChanote title deed. Every bungalow has been constructed in a traditional Thaiteak wood design. Satellite TV and air-conditioning has been installed in eachbungalow, along with key card access and a CCTV camera with video link.

Annual receipts totalling approximately 1,200,000 bahtare yielding net profits of roughly 960,000 baht. The owner is selling theresort as he has no time to manage the property, due to other commitments. Atwo bedroom house measuring 168 square metres is located on the grounds andcould provide accommodation for the new owners. Construction costs came in ataround 7,000,000 baht when the bungalows were constructed around two years ago.

ASKING PRICE: 9million Baht

(BKK13844)

[sunbelt][/sunbelt]

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