Sunrise and sunset views in this unique location.
Personal problems force the sale of this profitable, well-established hut resort. Large land area, sunrise & sunset views, great reviews, in guidebooks.
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 240,000 Baht/year. The lease is officially registered and a new 10 year lease will be given to by the landlord.
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 1st time investors, saving considerable time and money.