Sunrise and sunset views in this unique location.

Massage Room and Private Pier

The only small resort available with a 30 year registered lease

This secluded resort is often described by guests as a hidden gem, located in the SW corner of Koh Chang it is far away from modern development and noise, only 6 minutes walk to the fishing village of Bang Bao.

Set on 5 rai (8,000 sqm) of land, of which only 3 rai is currently being used. It has a large coastal frontage and a private cove listed as one of the best snorkel sites on the island.

All bungalows have a sea view, most set on the cliff tops with some on ground level close to the beach and with a view of Bang Bao. The resort faces south allowing the perfect setting for some of the most spectacular views of both sunrise and sunset.

It is a picturesque and idyllic location. No noise or sights other than that nature intended us to see.

Bang Bao village is the gateway to other islands, boat trips and diving or snorkeling trips.

The resort consists of 25 traditional style bungalows (official documentation allowing 15 further bungalows), a large restaurant / bar set in a private cove, large kitchen, 3 toilet & shower blocks, private 2 storey house for the owner, massage room and a private pier allowing boat trips and transfer to the village.

The current focus is on “just relax”  “no parties & no loud music” as the resort is secluded and surrounded only by nature. The current target group is backpackers and budget travelers, but the location would easily be suited as a higher priced resort. There is a large scope of opportunities and potential for a new owner including increased internet activity, targeting specific groups such as meditation, yoga or schools

This year has seen a 50% + increase in occupancy and turnover.

The business will continue to develop through increasing numbers of return customers, top rating on key websites and high customer satisfaction.

The running costs are low, current rent is 10,000 baht per month rising to 20,000 baht in November. The lease is officially registered and runs until October 31^st 2019.

However the landowner will offer the buyer a 30 year lease registered at the Land Office to make it legally binding.

The sale includes all buildings and features, kitchen & restaurant equipment, adsl connection, satellite (UBC) connection, own website and listing on key booking websites.

The resort is well maintained and will be fit for business immediately on takeover.

The owners can remain for a transition period after takeover.

Also the owner will offer their Thai Registered Company which is required for foreign owners. This is a great advantage to any 1^st time investors, saving considerable time and money.

Price: 8,000,000 baht

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Backpacker hut resort for sale on the west coast of Koh Chang

View from the restaurant

This 15 bungalow resort was established over 5 years ago in Lonely Beach. It was the first to be located on the hillside above the beach and as such has the largest area and is the only one with sunset sea views.

Although the Lonely Beach area is busy, this resort is in one of the quietest locations and so is popular with backpackers who want to party but who also want to some peace and quiet. The main road is a 200 metre walk away and the beach a further 5 minutes walk.

Bungalows are rented for around 300 – 350 baht/day and other income is derived from sales of food & drinks in the restaurant and trips and tours. The resort is well known and listed in guide books and recommended on several travel websites. There is also a website for the resort that could be improved and used to bring more guests to the resort. Thus is also one of the few backpacker hut resorts that take advance bookings.

In front of the restaurant and surrounding the bungalows are spacious garden areas. There is plenty of room to add additional bungalows if required but one of the attractions is that unlike the neighbouring hut resorts, bungalows aren’t packed tightly together in a small space.

The resort has an ADSL internet connection and wi-fi for customers, with their own laptops, in the restaurant area.

Included in the sale: 15 ensuite fan bungalows; large restaurant; 6 bedroom & 3 bathroom living accommodation for owner & staff on 2 Rai, 3,200sqm of land. All bungalow furniture, fixtures, fittings, kitchen equipment etc is included (Everything you need to run the resort.)

Land Rent: There is a 30 year land rental contract in place with rent set at 200,000 Baht/year. This is payable every 3 years with the next payment due in September 2009. Alternatively a shorter contract with slightly higher annual payments can be arranged with the landlord who lives nearby.

Resort License: Recently, all resorts with over 10 rooms on Koh Chang have had to apply for official licences to operate and have to comply with various safety regulations etc, rather than just being allowed to open and run unregulated. The current owners have begun this process and are currently preparing the necessary paperwork.

Price: 5,000,000 baht

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