Opis:

Property Description
:

Hotel:
Project with current configuration of 223 rooms
Rating: 3-4 Stars
Completion: 40-50% completed as hotel; potential for redevelopment as Serviced Apartment/Residence and Individual Villas
Title: Freehold
Site Area: 17 rai 3 ngan 33 sq. wah (28,532 sq.m)

Golf Course:
18 holes designed by Gary Player
Completion: 12 holes fully completed
Title: Golf Course available as a Leasehold OR Freehold basis
1.) Leasehold: 30 30 30 Years (Elapsed time 6 years) ;
2.) Freehold: Option to buy
Site Area: 582 rai 2 ngan 82 sq. wah (932,328 sq. m)

Total Development Cost
Estimate cost to completion (Hotel & Golf Course): THB 600 mil.
Projected Market Value on Completion: THB 1,850 mil. On completion

Sales Price (as-is):
THB 400 mil (Freehold Hotel; Leasehold Golf Course)
THB 850 mil (Freehold Hotel; Freehold Golf Course)