🏡 Hostel/Building for Lease Sale Thong Sala, Koh Phangan | 2.4M THB
✔️ Turnkey Business | ✔️ Passive Income | ✔️ Prime Central Location

This beautifully maintained multi-level property in Thong Sala offers an exciting opportunity for investors or operators looking for a ready-made hostel or hybrid commercial setup. With a strong seasonal income, an existing tenant covering most of the rent, and rooftop potential, this property is ideal for long-term ROI.

📸 Property Features
Ground Floor:

Welcoming reception/lounge area with high ceiling

Kitchen with ample space and utility

Bathroom + Storage

Street-facing shop leased to a cannabis business (stable long-term tenant)

Upper Floor:

5 air-conditioned rooms (private and dorm style)

2 shared bathrooms with modern finishes

Comfortable setup with bunk beds, single beds, and small desks

Rooftop:

Open space with mountain and town views ideal for rooftop bar, yoga deck, or common area

💼 Financial Overview (High Season: Dec 1 Apr 30)
Booking.com Revenue: 430,000 THB

Cash Guest Income: 93,000 THB

Cannabis Shop Rental Income: 120,000 THB

🔹 Total 5-Month Income: 643,000 THB
→ Avg. 128,600 THB/month

📄 Lease Details
Start Date: January 16, 2025

Structure: 3-year rollover lease

Rent Paid Until: January 16, 2026

Annual Rent: 300,000 THB (excl. annual increases)

Shop Tenant Rent: 160,000 THB every 6 months (320,000 THB/year)
→ Covers more than 100% of annual rent

💰 Lease Transfer Price: 2,400,000 THB
✅ Business-ready
✅ Passive income included
✅ Prime location near ferry pier
✅ Rooftop expansion potential

📞 For more info or a viewing:
Leon Barkan RE/MAX Diamond Island
📲 WhatsApp: +66 65 625 2190
📧 leonbarkan@remax.co.th