Opis:

Siam Garden Court is a charming little block of apartments in Jomtien (beach side of Sukhumvit) built in a Mediterranean style, around a garden courtyard with a communal pool. The 2 storey guesthouse is built on an area of 792 sqm and comprises of 15 apartments, most of them are air conditioned , some have ceiling fans. More than 80 percent of the apartments are occupied throughout the year with mostly European tenants, some of which live there for several years. At full capacity, a monthly rental income of approximately 100,000 baht can be generated. The apartments are divided into 1 bedroom, 2 bedroom and studio units plus there's a large 4 bedroom penthouse.

This guest house is suitable for someone enjoying to care for the tenants and needs a bit of a task. The compound needs renovation to be a modern resort. However, the basic condition of the place is good and the potential is big. For example, one of the larger units could be converted into a two bedroom plus two bathroom unit and a single bedroom unit. The upper floors could also be converted by simple partitioning and alteration to the existing multi-unit bathrooms to a normal toilet/shower unit.

Overview of the units:

Apartment 1, one bedroom (47 sqm)

Apartment 2 Upper (43 sqm)

Apartment 2 Lower (43 sqm)

Apartment 3 one bedroom duplex (62 sqm)

Apartment 4 two bedroom duplex (81 sqm)

Apartment 5 two bedroom duplex (70 sqm)

Apartment 6 one bedroom duplex(68 sqm)

Apartment 7 one bedroom (34 sqm)

Apartment 8 one bedroom duplex (87 sqm)

Apartment 9 studio (26 sqm)

Apartment 10 studio (16 sqm)

Apartment 11, studio (16 sqm)

Apartment 12, one bedroom (18 sqm)

Apartment 13, 14 storage (150 sqm)

Apartment 15 owner's penthouse 4 large rooms with large balcony (150sqm)

* Balcony
* Garden
* Fitted kitchen
* Air conditioning
* Private swimming pool
* Beachfront or seaview
* Cable- or Satellite-TV
* Wifi-Internet
* Serviced
* Furnished
* Security