Luxury Boutique Resort for Sale in T. Rawai, Phuket, Thailand
Phuket Boutique Resort with Great Potential for Extension!
- Officially 5-star rated by TAT, THA since 2005
- Opened on 18.03.2003, Royal Villas completed in November 2003
- 41 villa style guestrooms, designed by John Underwood
- Architecture by Swiss BIC, Phuket, western building standards,
outstanding electrical systems, energy efficient insulated construction
- 3 room categories, 27 rooms with outdoor Jacuzzis and outdoor rain
showers
- 680 sq. meter swimming pool, inbuilt Jacuzzi, jet streams, 14 waterfalls
- Luxury Spa with 8 beds, private Jacuzzi and two steam saunas, beauty
salon
- Fully equipped fitness center
- Restaurant with Thai and Mediterranean cuisine, indoor and outdoor
terrace. Pool bar
- Underground wine cellar
- Lounge bar and meeting facility above lobby
- All back of the house including laundry
Potential
- Expansion on 3,5 Rai best sea view land beside resort. 20+ more
rooms, ideally pool villas
- Expansion on remaining undeveloped land in front of the resort and on
the resort parcel itself
- Residential development, villas or condos or mixed on 14 Rai land
behind resort. Land could be partly used for improved staff facilities in
light of the expansion
- Overall possibility to expand to 60 – 90 rooms and develop a
residential project to recover investment of resort and increase the
management base
- Further 7 Rai sea view land beside resort for sale at 70 MB from
neighboring owner
- Possibility of building a beach club in Nai Harn
Conditions
- Sales price does not include commissions
- Full Due Diligence has been carried out by buyers who still hold non
exclusive option to buy. Information on due diligence is available
- Offer based on an asset purchase scheme
Formerly planned Real Estate
- Mangosteen Pool Suites: A stunning GFAB development with 18
units for sale, large restaurant and bar, pool
o Construction plans, engineering, interior, environmental study
and building permit available
o Planned on 3,5 Rai beside resort
- Mangosteen Pool Villas: 25 GFAB (Gary Fell) Pool Villas. One show
villa 60% completed
o Planned on the 14 Rai site (yellow) behind resort
o Building permit for the first 4 villas available
About This Property
Category
Resorts
Sold by
Owner
Address
99/4 Moo 7
T. Rawai
Phuket
83130
Thailand
T. Rawai
Phuket
83130
Thailand
Built
2003
Area
52,800 m2
Stories
2
Bedrooms
41
Parkings
36
Features - Amenities
- Furnished
- Appliances
- Laundry Room
- Pool
- Gym/Spa
- Balcony
- Terrace
- Cable TV
- Ocean View
- Mountain View
- 5 star Boutique Resort with best reputation in Phuket
- Plenty of sea view land for extensions (+25 rooms no problem but more possible)
- Nice land plot for real estate developement included
- All Chanote land titles, due diligence done
- Sales price under appraisal value (by Sallmanns May 2008)
- Great asset value, land alone is worth almost sales price
- All licenses available under Thai laws.
- Building permits for real estate available but expired
- Great location with potential for future