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This is an 11 bedroom home/hotel set comfortably on 1.5 rai of land in Ban Chang, which is about 20 minutes along the coast from Pattaya. The owner is retiring and selling freehold or on leasehold terms for foreign investors. The property is fully furnished and has been run as a very profitable small business with rooms to rent on long or short term basis. This is a turnkey established business with excellent reviews on all major booking sites and established customers. The property does have plenty of room for expansion. The property includes the following: Owner house with 2 bed rooms. Second 2 bedroom rental house with jacuzzi, two bathrooms. Two kitchens, restaurant, large utility room with washers, dryers, fridges etc. Fully equipped gym Swimming Pool (40m2) 3 large guest rooms all ensuite toilet shower etc. 2 smaller guest rooms, with ensuite bathrooms. 2 container rooms fully firnished, custom made with en suite bathrooms. Electric gates Large parking areas with off street parking for 10 cars. Wifi, CCTV, Registered licenced hotel with taxes paid
Foreign nationals can own the building (villa) in their own name but not the land that it stands on.
Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.