River Kwai Resort For Sale

[SunbeltAsiaAdvisor]

Resort in Kanchanaburi

Located in one of Thailand’s most idyllic areas, on the tranquil upper banks of the River Kwai, around 50 kilometres north of Kanchanaburi town, this three year old Resort has become available for acquisition due to imminent owner retirement. Land purchase and construction totalled approximately 15 million baht, and the freehold offering includes over two rai (3,200 square metres) of land, two main buildings with 23 rooms and seven bungalows, all facing the river, surrounded by beautiful well maintained gardens.

In the last financial year the resort earned net profits of 1,282,716 baht after all deductions were taken into account; receipts totalled roughly 2 million baht and profit margins were good as there was no rent to pay. Cash flow was also boosted by a delightful restaurant that provides traditional fare to diners as they gaze across the meandering river, and wedding packages have recently proved popular.

Two golf courses can be reached in less than 30 minutes, and the resort is also handily placed for guests wishing to visit the nearby waterfalls. Kayaks are provided and elephant trekking, fishing, hiking and rafting activities can be undertaken with ease. A nicely designed website is fully operational and this also helps to build up occupancy rates.

Asking price: 25,000,000 baht.

BKK13820

[sunbelt][/sunbelt]