Jones Lang LaSalles (Thailand) Limited’s (“JLL”) Hotel’s & Hospitality Group has been retained by Easy Living Co., Ltd (the “Owner”) on a sole and exclusive basis to offer for sale Elements Hideaway Resort (the “Resort”) situated in Phang Ka Bay, Koh Samui, Thailand. Concurrently, JLL has also been appointed by Java Properties Co., Ltd. (the “Land Owner”) on a sole and exclusive basis to offer for sale a parcel of beachfront land directly adjacent to the Resort (the “Adjacent Land”).
Positioned on an absolute beachfront site along Phang Ka Bay, the Resort consists of 33 villas and guestrooms, 14 of which offer private swimming pools. This boutique resort sits on almost three and a half rai of freehold land with 60 meters of beach frontage and offers guests a wellness and hideaway experience that is popular with travellers to Koh Samui. The Resort features a multitude of facilities not typically found in a boutique resort and presents an exceptional opportunity to capitalize on the destination weddings business that is rapidly growing on Koh Samui.
In spite of very little marketing spend in recent years, the Resort continues to perform well and generates significant net operating income. The Adjacent Land offers a significant opportunity to build on this strong base of business by adding up to 28 additional keys and ancillary facilities. The Adjacent Land will also increase the beach frontage of the Resort by 40 meters.
The Resort is offered for sale with the benefit of vacant possession of brand and management and represents an exceptional opportunity for an investor to acquire a beachfront resort with both existing cashflow and further expansion potential on the paradise island of Koh Samui – one of Asia’s leading tourism destinations.