Boutique Hotel for Sale in Bangrak

This licensed, fully operating boutique hotel stands in Bangrak, one of Koh Samui’s best-connected locations, directly opposite a marina and close to the beach. It has 19 duplex units set along a striking 63-metre central swimming pool: 18 guest rooms plus one unit currently used as reception. The hotel stands on about 3/4 rai of Chanote-titled land and is offered for sale at ฿90,000,000, or on a 30-year lease.

It’s a rare chance to buy an existing hotel business, with its hotel licence, building permit and a lean operating team already in place, together with the land underneath it.

The hotel

The building covers approximately 1,750 m². The 19 duplex units, each about 65 m² with two bathrooms, face each other across the long central pool, so most rooms open straight onto the water from their own timber deck. Inside, each unit has:

• A living area downstairs, with a staircase up to the sleeping level
• Floor-to-ceiling glazing onto the pool
• Air conditioning
• Bathrooms finished in deep blue mosaic tiles, with rain showers and vessel basins

The layout suits individual guests, couples, groups and retreats, and whole-hotel buyouts for events or wellness programmes.

Location: Bangrak, Koh Samui

Bangrak is on Koh Samui’s north-east coast, known for the Big Buddha and its ferry piers. The hotel is about 10 minutes from Samui International Airport, with quick access to Fisherman’s Village, Chaweng and the piers for Koh Phangan. Being across from a marina opens up marine-activity partnerships, such as boat trips and island tours, which can support premium packages and group bookings.

Trading history

The seller has supplied the following room-revenue figures from internal occupancy reports:

The hotel currently runs with a six-person team: a manager, two receptionists, two housekeepers and a technician.

The opportunity for a new owner

Occupancy has been low, and the seller presents this as the main upside. Their improved-management case shows what professional revenue management, direct bookings, group packages and a light refresh of the rooms could achieve:

• Occupancy: 75%, against a historical average of about 29%
• Room rate: about ฿2,321, roughly 20% above the historical average
• Room revenue: about ฿11.44M a year
• Net operating cash profit: about ฿5.15M a year, at a 45% margin
• Return: about 5.6% cash return on ฿92M (the ฿90M price plus a ฿2M renovation allowance)
• Appreciation: the seller adds an assumed 5–7% a year in asset value, giving an indicative combined return of about 10.5–12.4% a year

These are the seller’s illustrative projections, not a guarantee. They exclude tax, financing and transaction costs, and buyers should verify them independently.

Sale or 30-year lease

Purchase: the indicative price is ฿90,000,000, including the land, buildings, hotel licence and operating business. The seller can offer a land and asset transfer or a company share transfer. The final structure, taxes and transfer fees are to be agreed with legal counsel and the Land Office.

Lease: the hotel is also available on a registered 30-year lease, with ฿35,000,000 paid upfront and a fixed ฿1,500,000 a year (฿80,000,000 in total over the term). Any extension option would be set out in the final agreement. The seller’s lease projections show an illustrative cash-on-cash return of about 9.9–11.3% at 75–80% occupancy. These are projections, not a guarantee.

Transition support

The seller offers help with:

• The operational handover
• Renovation planning
• Staffing, systems and hotel operations
• The transfer process
• Introductions to local marina and tourism contacts

Title and documents

The land has a Chanote title, and the hotel has an existing hotel licence and building permit. Licences, title, accounts, building condition and the corporate structure are all subject to the buyer’s due diligence. We can arrange viewings and provide further documents on request.

Frequently asked questions