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Direct from Owner
Pattaya Commercial Center
Tripple A Location
Pool Hotel in Shell Building
to Renovate ONLY 140m THB!!!
Super High Return on Investment Options
Business Plan
Pattaya Commercial Center 80 to 100 Room 3 Star Pool Hotel
This proposed property is for the moment a shell form. The asking price is 140,000,000.00 THB. Half of the transfer taxes will be paid by the seller. The usuable area of 4,400 sqm can be turned into a 80 to 100 room hotel. The units are between 25 and 35 sqm. The ground floor and fully built land is 228 Thalang Wha and this is 912 sqm. According to the legal restrictions, this hotel building will need a minimum of 19 car parkings. 10 of this car parkings can be made outsite and the other inside on the ground floor. Please see the city hall document in Thai for this, show under left.
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An American architect made calculations from abroad about the room options of the building and this is the result
NET useable footage of the building: 3,443 sqm
Ground floor: 318 sqm for the parking, 395 sqm for the hotel lobby with reception desk, small kitchen with restaurant, elevator, two fire escape staircase, stocking, storage and laundry room.
Can become 78 rooms at 30 sqm
Can become 83 rooms at 28 sqm
Can become 100 rooms at 25 sqm
Other architects have been proven to us that it is easy to reach 100 rooms into this building from reasonable sizes. Every architect will come up with a different idea.
There is NO option to extend the pyramid shape into a cube shape. We just give you some ideas about a successful micro hotel unit system in case you want many small unit in the hotel. Occupancy in that area is 85 percent the whole year around and will be close to 100 percent when you turn it into a low budget hotel because of the tripple A location.
PS. This building would also be higly profit making turned into the business of time share or fractional ownership because of the triple A location. .
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