Sea View Hotel & Restaurant Business for Sale near Patong Beach, Phuket

Hotel / Commercial - Patong, Phuket

Listing ID: PSB-PAT-179
฿100,000,000

Property Details

Il Palazzo Patong, Phuket

Description

Unique investment opportunity in the bustling area of Patong in Phuket.

Il Palazzo is an established hotel and restaurant business consisting of 20 apartments and an on-site restaurant.

Spread over 4 floors on Prabaramee Road in Patong, Il Palazzo is nestled on a quiet hillside overlooking the vibrant nightlife in Patong. The location also means guests are treated to immaculate sea views, including the legendary sunset enjoyed by all West Coast beaches in Phuket.

The apartments are spread over 1,200 m2 of floor space, with the restaurant covering the same 1,200 m2. The 20 apartments/condo units have a living area of anywhere from 35 sqm​ to 200 m2 and each one has a large balcony or terrace with stunning panoramic views of the Bay of Patong from a height of 80 meters above the sea level.

The restaurant has received glowing reviews on TripAdvisor, and this business has unlimited scope.  You may choose to keep the existing layout, or you may decide to add some of your personal stylings.

For the right investor, the opportunities are endless.

This hotel and restaurant business for sale comes fully furnished. All fixtures and fittings are included.  Comes complete with Chanote title.

Other hotel & restaurant businesses also available for sale in Phuket, Thailand.

Please contact Thai Residential for details.

Property Features

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