Apartment Business for Sale – Soi 94, Hua Hin | Prime Location with High Potential!

Description

🔥 Apartment Business for Sale – Soi 94, Hua Hin | Prime Location with High Potential!

Looking to invest in Hua Hin’s most popular and fast-growing area? This licensed apartment business in the heart of Soi 94 is a rare opportunity to own a fully-registered operation just steps away from top restaurants, cafes, and major attractions. With a little renovation and furnishing, this property could deliver high rental returns or be easily upgraded into a boutique hotel.

🏢 Property Details:

• Total Units: 24 private apartments + 2 commercial units

• Each Apartment Includes:

  • Size: 24 sq.m.

  • Private bathroom

  • 1 air-conditioning unit

  • Private balcony – ideal for long-stay guests

• Security: Keycard access system (rewiring needed)

• Furniture: Not included – perfect for customizing the style

• Water System: Equipped with a water filter system and large reserve water tank (over 15,000 liters)

• Business License: Fully licensed for apartment operation – upgradable to a hotel license with installation of a fire detector system

📍 Prime Location – Soi 94, Hua Hin:

• Hua Hin’s most vibrant and high-demand area

• Surrounded by top restaurants, cafes, bars, and lifestyle spots

• Easy access to shopping centers, markets, and the beach

• Neighboring hotels operate at 500–800 THB/night, showing strong rental potential

💡 Business Potential:

With light renovation and furniture investment, this property is ready to generate strong rental income. Also ideal for conversion into a boutique hotel targeting international tourists and retirees.

📈 Optional Hotel Business Plan Overview:

• Guest Rooms: 24 | Commercial Units: 2

• Parking: 12 cars + 12 motorcycles

• Target Room Rate: 800 THB/night

• Annual Revenue Estimate:

  • Room Income: 4,204,800 THB (at 60% occupancy)

  • Rental Income: 360,000 THB/year

  • Total Revenue: 4,564,800 THB

  • Net Profit: 2,314,800 THB/year

  • ROI: 15.43% | Payback Period: ~6.5 years

🌍 Marketing & Growth Strategy:

• Partner with Booking.com, Agoda, Airbnb

• Multi-language website (English, German, French)

• Online ads targeting European retirees and long-stay guests

• Long-stay and monthly rental packages

• Rooftop development potential (bar or café with sea + mountain views)

• Add-on services: transportation, local tours, laundry

💰 Asking Price: 15,000,000 THB

• Fully owner-funded

• Clean title & business license – ready for transfer

✨ Don’t miss out on this rare opportunity to own a fully licensed business property in the heart of Hua Hin’s hottest district!