Baan Taling Ngam Resort & Spa Koh Samui (InterContinental Koh Samui Resort) - SOLD

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Sold for 710,000,000 THB Date of Sale: May 2010
Rooms: 72
Price Per Room: 9,861,111 THB
Property Id : 29265

Jones Lang LaSalle Hotels has been retained by Samui Hotel 1 Company Limited (the “Owner”) on a sole and exclusive basis to offer for sale the Baan Taling Ngam Resort & Spa, Koh Samui, Thailand (the “Property” or the “Resort”). Koh Samui is one of Thailand’s most picturesque and visited islands and Baan Taling Ngam was the island’s first luxury resort. Situated on Koh Samui’s west coast, the Property enjoys stunning ocean views over the ‘Five Islands’ and the mainland beyond from its commanding hillside position, whilst benefitting from around 300 metres of pure beach frontage. The lushly landscaped freehold site comprises around 72,000 sqm and provides extensive accommodation with 72-keys, including 25 cliff villas, seven beach villas and 40 guest rooms, together with the recreational facilities and amenities expected of a resort of this stature. Offered with the benefit of vacant possession of brand and management, the Property presents
an investor or owner operator an outstanding opportunity to acquire one of Koh Samui’s most prestigious resorts, which through re-branding and selective capital expenditure can once again optimize its performance at the highest tier of Samui’s hospitality market. Detailed information on the Property including financial information, title, building details and redevelopment proposals are available for review, upon the execution of a confidentiality agreement.

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