59-Room Hotel for Lease in Patong Phuket – Key Facts
- Rooms: 59
- Bathrooms: 63
- Takeover price: THB 5,900,000
- Monthly rent: THB 583,333
- Annual base rent: Approximately THB 7,000,000
- Swimming pool: Yes
- Restaurant: Yes
- Sea views: Yes
- Location: Near Patong Beach
- Status: Completed / Operating hospitality property
- Transaction: Business takeover with lease
- Property ID: JFTB-1068
- Remaining lease term: To be confirmed
- Security deposit: To be confirmed
- Rent escalation: To be confirmed
Investors can also explore JFTB’s selection of hotels for sale or lease in Phuket.
Established Hotel Operation near Patong Beach
This 59-room hotel for lease in Patong Phuket provides considerably more scale than a small guesthouse or boutique accommodation business.
The property includes 59 guest rooms together with swimming pool and restaurant facilities, allowing an incoming operator to consider a full-service hospitality concept rather than accommodation alone.
Sea views and proximity to Patong Beach strengthen the guest proposition, although the commercial performance of the hotel should be assessed from actual operating data rather than the physical property alone.
Prospective operators should review historic occupancy, average daily rate, online distribution costs, payroll, utilities and maintenance expenses before committing to the takeover.
Patong Location
Patong is Phuket’s largest tourism and entertainment district and contains one of the island’s highest concentrations of hotels, restaurants, shopping and visitor services.
For a hotel operator, this means access to an established tourism market but also strong competition.
The exact distance to Patong Beach and other landmarks should be confirmed from the property’s precise location before the transaction.
Patong also provides access to Phuket Town and other west-coast destinations, while Phuket International Airport is generally reached in approximately 45–60 minutes depending on traffic.
Lease Structure and Commercial Review
The headline terms for this 59-room hotel for lease in Patong Phuket are:
Takeover: THB 5.9 million
Monthly rent: THB 583,333
Annual base rent: approximately THB 7 million
The real investment decision should not be based on these figures alone.
Before proceeding, buyers should verify:
- Remaining lease duration
- Renewal rights
- Rent escalation
- Security deposit
- Landlord consent
- Hotel licence
- Building approvals
- Restaurant licences
- Equipment inventory
- Existing staff obligations
- Utility costs
- Supplier agreements
- Outstanding liabilities
- Historical revenue and operating expenses
Under Thailand’s Hotel Act, operating a hotel business requires the appropriate hotel business licence. The Department of Provincial Administration is the competent authority for hotel licensing and related procedures.
Official hotel-related regulations and licensing information can be reviewed through the Department of Provincial Administration.
Due Diligence Before Takeover
A hotel lease takeover requires both legal and commercial due diligence.
JFTB recommends confirming that the hotel licence, building use, fire-safety requirements and lease rights remain valid for the incoming operator. Any transfer of operating rights or licences should be verified with the relevant authorities and legal advisers.
The acquisition structure should also be reviewed carefully if the buyer is foreign, particularly where a Thai operating company is involved.
For broader acquisition guidance, see JFTB’s guide to property due diligence in Thailand and our overview of investing in Phuket property.
Request Confidential Information
For investors seeking a 59-room hotel for lease in Patong Phuket, JFTB can provide further information regarding the property, lease structure, current operating setup and viewing arrangements.
Contact JFTB Real Estate Phuket to request the available documentation and discuss the takeover terms.
Serious and qualified enquiries only.
