π¨ 3-Star Hotel Investment Opportunity Prime North Pattaya - Only 200 Meters from the Beach
π° Asking Price: THB 950 Million | Negotiable
An established 3-star operating hotel, running since 2010, located in a prime North Pattaya tourism and business area, only 200 meters from the beach and close to Terminal 21 Pattaya.
π Investment Highlights
Land: 444 sq.wah | 3 Chanote titles
8-storey hotel building
Approx. 7,800 sq.m.usable area
123 guest rooms
Swimming pool for adults and children
Restaurant and parking facilities
Approximately 18β20 staff
Currently operating
Current occupancy: approx. 20β30%
Historical occupancy reached up to 100% pre-COVID
π Value-Add Potential
Potential to increase revenue and asset value through **repositioning, renovation, revenue management, improved marketing, and strategic hotel management**.
π’ Corporate Structure
4 shareholders
2 authorized directors
No outstanding business-related debt
Land titles are currently mortgaged for an OD facility and can be redeemed for transfer, subject to the bankβs procedures and transaction terms.
π Prime Location
200 m to the Beach | Near Terminal 21 | Restaurants & Attractions | Prime North Pattaya
Suitable for hotel investors, hospitality groups, strategic investors, and buyers seeking a value-add hospitality opportunity in a prime Pattaya location.