Real Estate Solutions - Axiom

Business Opportunities Detail

Name Luxury Resort and Spa
Reference MALB001
City Mission Hills
Business Type Resort and Spa
Business Started in 1-1-2007
Number of Employees n/a
Annual Revenue n/a
Annual Owners Benefit (earnings before taxes and depreciation) n/a
Furniture, Fixtures & Equipment included in the Investment Price n/a
Inventory included in the Investment Price n/a
Selling Price 45.000.000 Baht
Reasons for Selling:  
Asset consolidation
Description:  
LOCATION

North East Phuket, ten minutes from Phuket International Airport and West Coast Beaches. Five minutes from Mission Hills Golf Club and East Coast. With both the Yacht Haven Marina and the jetty at Ao Por nearby, providing access to the islands and the world famous scenery of Phang Nga Bay.

Phuket Town with its many facilities is approximately twenty five minutes drive.

Access to the property is via a made up quiet country road.

PROPERTY DESCRIPTION

Phara House has to be one of the most elegant properties in Phuket, with its sculpted, temple roofs resting on a spacious layout of modern Thai architecture. The buildings exterior materials blend perfectly with the terrace, pool and gardens, all of which are complimented by the lush back drop of forested hills in the distance.

This is a truly peaceful setting with absolute privacy in all respects. The property is walled and gated with varying elevations providing views to the grounds and surrounding countryside. The large pool terrace is stocked with fragrant shrubs and trees, as are the grounds.

COMMERCIAL POTENTIAL

Phara House Estate is unique in its potential within Phuket to operate as a luxury Retreat Spa Resort. The buildings were completed in early 2006. This was undertaken by a well known local architect.

The location is totally tranquil in a natural environment that imbibes spiritual wellbeing. Privacy, peace and security are the bywords for this property.

With the property occupying 5.5 Rai of private grounds, much of it wooded and elevated, there is ample space for additional accommodation and spa treatment facilities.

There is ample on site water of high quality to support a Spa Resort. The supply is from the estates deep bore well. Electricity is via a mains supply and is three phase.

The existing building has 1200 Sqm of utility space, with staff accommodation, including kitchen and bathroom facilities in a separate annex.

Axiom has undertaken extensive research within Phuket in regard to the values of existing properties operating as Residential Spa Resorts. Phara House represents exceptional value considering the land area, location and build quality. The existing facilities offer the means to a fast track operating start up for any company or individual wishing to pursue the lucrative growth of Phuket’s health tourism market.

The property is currently occupied by the owner as a private residence.

A detailed specification is available on request

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