The Mangosteen Boutique Resort with 41 villas with chanote land titles
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 13-1-78 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
Sales proposition
Resort and all other land plots including 13-1-78 Rai behind resort (yellow): THB 380M
Resort and all plots but without 13-1-78 Rai behind resort (yellow): THB 300M
13-1-78 Rai land alone: THB 99M
Conditions
Above prices do include all commissions
All transfer fees for land and buildings are shared 50/50 as well as special business tax (SBT).
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
Mangosteen Pool Suites
A stunning GFAB development with 18 nits for sale, large restaurant and bar, pool
Construction plans, engineering, interior, environmental study and building permit available
Planned on 3,5 Rai beside resort
Mangosteen Pool Villas
25 GFAB (Gary Fell) Pool Villas. One show villa 60% completed