Veritas Ventures Recommendation
We recommend this property to an operator taking over a running business rather than to a passive investor: a fully operational 10-room hotel walking distance from Bingin Beach, earning from the day of transfer, with 700 m² of build on 1,000 m² of land, a 30 m² pool, security post and parking. The price is $2,052,632 on a 22-year lease. The yield is quoted on request, so the current occupancy and P&L should be requested before anything else — at this price the operating figures, not comparables, decide it.
Project Overview
Bingin · 10 bedrooms · 700 m²
District: Bingin
Type: Hotel
Bedrooms: 10 bedrooms
Bathrooms: 10
Building area: 700 m²
Land area: 1000 m²
Ownership: Leasehold
Leasehold term: 22 years
Zoning: Yellow
Stage: Completed
Developer: Yolla Realty
Leasehold · developer Yolla Realty
Indoors: Bedrooms: 10, Bathrooms: 10
Outdoors & grounds: Swimming pool: Yes, Pool size: 30 m2
Infrastructure & Amenities
Indoors: Bedrooms: 10, Bathrooms: 10
Outdoors & grounds: Swimming pool: Yes, Pool size: 30 m2