Boathouse Resort on the Beach Phuket - SOLD

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Sold for 600,000,000 THB Date of Sale: December 2016
Rooms: 38
Price Per Room: 15,789,474 THB
Property Id : 29095

Extending along an approximately 100-meter stretch of beachfront at the exclusive southern end of Kata Beach, the Resort offers a rare opportunity to acquire an iconic and strongly performing resort asset. Initially opened in the late 1980s as Mom Tri’s Boathouse, the Resort established itself as the first absolute beachfront accommodation on Kata Beach. The Resort also memorably brought fine dining to Phuket with the Boathouse Wine & Grill, renowned for its extensive wine cellar and the first establishment in all of Thailand to achieve a two-glass ‘Best of Award of Excellence’ rating by Wine Spectator.

With a stunning location affording panoramic views across the crescent-shaped Kata Beach, the Resort has a number of luxurious room types available. The Resort also feature RE KA TA Beach Club and a number of retail shops along its frontage on the main pedestrian strip in the heart of the popular Kata area.

Montara Hospitality Group assumed control of the Resort in 2011 and initiated an extensive renovation program across all aspects of the Property. There also exists a unique value enhancement opportunity to add a number of premium sea-view room s within the current building envelope. The Property is made available for sale with the option of vacant possession of brand and management.

Additional information on the Property, including financial, legal and building details, is available for review upon the execution of a confidentiality agreement.

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