The house, in an up and coming area of Patong, Phuket, is ripe for development. Externally re-decorated, the internal rooms are ready for redevelopment depending on the purpose decided by the new owners. As tourism puts pressure on the already developed Phuket area its likely that this area will continue to grow in popularity. Business examples that might fit with the property dynamics - real estate office, sales teams, massage/spa/healthcare shops especially for group tours for chinese or russian tourists, nomadic-style offices, other leisure activities or even a home office for a busy business person or couple.
5 floors includes an entertainment room (needs slight renovation) Kitchens x 2 (need renovation) plus 5 bedrooms and a large living room with small pool and panaromic view. Top floor is huge with potential for golf putting, roof top bar etc depending on the business or the owners requirements.
Panaromic Views
Very large property includes massive roofdeck which could be rooftop bar
Potential business opportunity - health and beauty, bar etc
Investment opportunity
Property can be purchased as a company in order to reduce taxes or simply purchased as a personal individual. The company is clean and used only for the purpose of owning this property.
Pricing
Similar properties are available in this location but are smaller in size. The owners are willing to discuss price for a quick sale.
Viewing
Either use the 'schedule appointment' button or call one of the owners or owners representatives .
Save transfer tax
Potential to reduce or eliminate the majority of transfer tax is possible with Ltd company option.
Why Phuket ?
Affordability of property. More affordable than almost any other island location in Asia.
Robust infrastructure which has been transformed over the last 15 years. Many international schools and health facilities cater to the increased number of visitors to the island.
Relaxed , outdoors lifestyle, amazing food and friendly people.
Renovate based on your unique requirements
Head towards Soi Nanai in Patong then turn up Hassip Pee Road by Montes Restaurant, you'll come across some virgin countryside and some outstanding views over the town. Lots of viewing spots, some new condominiums and new businesses are close to the property.
Please contact us to see the property (below).
If your looking for a home office this might suit or are you interested in a business that would benefit from the location and the huge living and leisure area.
A hidden gem, in the hills, I was stunned by the size of the opportunity to create something unique and that would appeal to investors looking to take advantage of a huge building in an up and coming area of Phuket
Mike Walmsley
Businessman, Superbiller Ltd
The Phuket property market is expected to remain robust in 2024, with prices projected to increase by 10-15% driven by Russian deman and an anticipated return of Chinese buyers, according to property consultant CBRE Thailand
Consultant
CBRE
Quotes from reviews of the Blow Patong Bar further up the hill and away from the property - 'An amazing place on the hill with a superb view' and 'Insane view'. Gives you an idea of the opinions of real visitors to the area.
Blow
Patong