Ready-to-use building for rent Boutique Hotel In the heart of Silom-Narathiwat

Premium golden opportunity! Ready-to-use building for rent ;Boutique Hotel; In the heart of Silom-Narathiwat
the best of the golden locations! Next to the main road, Narathiwat Ratchanakarin

Near the Silom-Narathiwat intersection, only 20-30 meters, convenient travel, easiest access to business and tourist attractions.
Large size: 5-story shophouse, 4 units

Total area over 1,000+ sq m (land 70+ sq m)


With hotel license: confident in doing business (License will be received in 4 months)
Money Making Potential (Cash Cow Structure)

Heres your opportunity to generate cash flow from multiple channels in one building:
Business Section Details Monthly Income Potential (not including hotels)

Hotel rooms can be allocated 27 rooms, large size 20+ sq m/room [main income] Shop space (1st floor) 3 shops, there are already people interested in renting 150,000 baht/month (50,000 baht/shop)

The shop/cafe in the lobby, Lobby Double Volume, is already rented. (For 1 shop) 150,000 baht/month Sky Bar / Rooftop, awesome view! See the water park and Silom-Narathiwat intersection. [Extra premium income]

Total gross income (not counting rooms) 300,000 baht/month
Parking: 5 cars

Proven numbers (Feasibility Highlights)

Estimated renovation budget: 8−15 million baht
Break-even point (payback): only 2−3 years (from feasibility study)

Rent only: 390,000 baht/month

Stable lease terms
Total period: 3+3+3+3 years, total 12 full years!

Rent increase rate: 7% for every contract renewal

Special feature: There is a chance to renew a long contract after 12 years (very high chance because the owner has renewed the contract from the Treasury Office next door)

Free renovation period: Allow 3 months for renovations. Get ready to open your business

Dont wait! This is an asset that is ready to generate premium returns