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Serviced Apartment Assets for Lease in Bangkok, Thailand

Thriving hostel business in Bangkok with a 60% annual occupancy rate for lease.

Ownership Duration 0-1 year(s)
Industries Serviced Apartments
Locations  Bangkok
Local Time 9:45 PM Asia / Bangkok
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Yearly Lease Amount
Asking Price: USD 102 thousand (Native Currency: THB 3,500,000)
Reason: Moving to another country.
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Business Name
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Assets Description
- Established long-term leasing opportunity for a hostel business in the popular Khaosan area of Bangkok.
- The property comprises 32 shared rooms, including six bunk bed configurations and three private rooms, catering to diverse guest preferences.
- Approximately 60% annual occupancy rate, reflecting consistent demand and operational viability.
- Monthly revenue generation of THB 200,000, indicating robust financial performance within the serviced apartment industry.
- Situated in a commercial building with three connected units, featuring a front width of 16 meters and a depth of 30 meters, enhancing visibility and accessibility.
- Strong online presence primarily through major booking platforms such as Agoda, supplemented by walk-in clientele contributing to customer flow.
- Ready-to-operate online booking system integrated with leading platforms, allowing for seamless business continuity and potential growth.
- The entire 3-unit building with hostel business and all the online systems in the back office can be leased for a total of 3.5 million THB for the entire year. This can be paid in instalments with 2 million THB on the first day of signing the contract and another 500,000 THB in three separate instalments.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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