For Sale - Pai Island Resort

"2018 World Luxury Hotel Asia Continent Winner"


 

333 Mu 1, Tambon Vieng-Tai, Amphoe Pai
Mae Hong Son
THAILAND

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Resort Description

The Pai Island Resort(the "Resort") ​is located in Pai outskirts of the alluring Mae Hong Son, Thailand approximately 2 minutes away from the Pai Airport.

Built in xxxx, This 5-Star rated Luxury Resort containing 10 luxury villa suites have been meticulously maintained and set on xxx acres of well-manicured land with mature tropical trees and exquisite flowers. Every greenery on the Resort are hand-picked and planted by the current owner. 

At approximately 1,770 sqm (19,000 SF) of building area, each villas are carefully designed by a well accredited Thai architect featuring open & spacious floor plan sized from 155 to 267 SQM (1,668 - 2,873 SF), fully gated & secure stand-alone one-story building, beautiful private gardens, outdoor shower, exotic outdoor bathtub, and the terrace overlooking the water.

 

Additional features include multi-culinary restaurant run by a masterful chef with 20+ years of experience, Island bar serving the full range of bar drinks including a wide selection of cocktails, spirits, whiskey, liqueurs, local and imported beer & soft drinks, Island Cafe offering your daily selections of coffee brewed with famous locally produced coffee beans, Semi-outdoor guest only lounge, and 20 on-site parking spaces.

 

This Resort has won numerous Awards over the years of business and received hundreds of Top Reviews from all over the world including, but not limited to Expedia, Hotels.com, Trip Advisor, Agoda, World Luxury Hotel Awards, and so on.

Pai Island Resort represents a Rare opportunity to acquire a serene, xx-acre retreat in the vibrant and well-established town of Pai, Thailand.

Pai Thailand - Area Overview

Pai is a town in the Mae Hong Soon Province of northern Thailand. It sits in a valley on the banks of the Pai River. It's known for its nearby gorges, hot springs like the Tha Pai Hot Spring and waterfalls like Mo Paeng Waterfall.

As Pai lies at the foot of the mountains, many tourists use it as a base for trekking and visiting hill tribes like Karen, Hmong, Lisu, and Lahu. Another notable attraction is the town's excellent Wednesday Market which brings large and colorful crowds of local villagers and tribal people from all around the Pai Valley.

Downtown, food stalls and handicraft shops line Pai Walking Street. West of town lies Baan Santichon, a traditional Chinese village with clay houses and eateries serving Yunnan cuisine.

Recently Pai has appeared on the Thailand tourist map and has received major infrastructure upgrades including an airport with several daily flights, six 7-Elevens, several small- to medium-size luxury resorts, totaling more than 350 accommodation properties, 3 several live music clubs, beer bars, and three sets of traffic lights. This has done little to dampen the small and peaceful spirit of the town out of season.

In the tourist high season of November through March there are large numbers of tourists. Prior to 2006, foreign tourists predominated, but now Thai tourists are catching up in numbers, particularly after Pai was featured in two popular Thai-made romantic movies, The Letter: Jod Mai Rak (Thai: จดหมายรัก, 2004) and Ruk Jung (Thai: รักจัง, 2006). During high season, tourist numbers swell to the point that Pai experiences close to zero Vacancy rate.

Resort Highlights

  • 10 detached private Luxury Villa Suites

  • Additional Amenities:

    • Love Restaurant

    • Island Bar

    • Island Cafe

    • Outdoor guest only Lounge​​

  • Guest Services:

    • ​Full in-suite dining service

    • Free guest Wi-Fi

    • Laundry Service

    • Complimentary shuttle

  • 2018 World Luxury Hotel Award Winner

  • Hundreds of Top 5 Star Reviews from Prominent booking sites

  • 2 minutes drive from Pai Airport

  • Easy access to Downtown Pai

  • Close proximity to shops and services

  • Ample 20 on-site parking spaces

Resort Overview

  • Address: 333 Mu 1, Tambon Vieng-Tai, Amphoe Pai, Mae Hong Son 58130 Thailand

  • Interest: Fee Simple

  • Total Site Area: 2 ACRES or 87,120 SF

  • Built: 2012

  • Existing Building Area: 19,138 SF or 1,770 SQM

  • Potential Building Area: 25,000 SF or 10 additional villas

  • Keys: 10 guests villas

  • Parking: 20

  • Management: Unencumbered

  • Labour: Non-union

Financial Performance

  • Due to the economic downturn of 2017/2018, gross and net income levels at the resort declined. As the world economy began to recover in late 2018, revenues at the property improved. Actual gross and net income levels (excluding allowances) for the Pai Island Resort over the past four fiscal periods (ending December) are detailed on the following table.

Offering Process

  • Detailed information package available upon request; please contact Han Lee to learn more about the offering process & Financial performance of Pai Island Resort.

Price: $ Contact Me

Contact Information

"For all inquiries regarding the proposed sale, including tours, please contact me"

Han Lee / Real Estate Advisor ®

+1.778.789.9688
 

HAN@HANLEE.CA
 

WWW.HANLEE.CA

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Thank you for your visit & interest on this Beautiful view suite

The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Real Estate Board of Greater Vancouver, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board. Real estate listings held by participating real estate firms are marked with the MLS® Reciprocity logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Real Estate Board of Greater Vancouver, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board.

ROYALTY GROUP REALTY

HAN LEE REAL ESTATE
1065 SEYMOUR STREET
VANCOUVER, BRITISH COLUMBIA V6B 3M6

P  778.789.9688
E  HAN@HANLEE.CA

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