Located in Patong, Phuket, the portfolio provides approximately 830 sqm of combined usable area and around 13 bedrooms across the three buildings. The properties are currently held under the same Thai company and the complete portfolio is offered at THB 82.5 million.
The transaction structure, company ownership, hotel licence and underlying property titles should be independently verified as part of legal and commercial due diligence before acquisition.
Patong Hotel Portfolio for Sale – Three Entire Buildings
This Patong hotel portfolio for sale differs from a conventional single hotel building.
The investment comprises three entire buildings with no individual condominium owners or external co-owners within the properties. This provides an investor with greater control over future operation, renovation, positioning and rental strategy, subject to the applicable licences and regulatory requirements.
The complete portfolio includes approximately 11 one-bedroom apartments, one two-bedroom penthouse, a ground-floor commercial space and multiple elevator systems.
For investors comparing hospitality assets across the island, JFTB Real Estate Phuket also maintains a dedicated selection of hotels and resorts in Phuket.
Building S – Two Renovated Apartment Buildings
Building S consists of two renovated apartment buildings with approximately 560 sqm of combined usable area.
Together, the two buildings provide seven one-bedroom apartments measuring approximately 65 sqm each, plus a spacious two-bedroom penthouse on the upper level.
The penthouse benefits from private access, creating additional separation from the other residential units.
The two buildings also include lobby areas and elevator access.
The asking price for the two-building package is THB 60 million.
An individual building purchase may also be considered at approximately THB 30 million per building, subject to the seller’s agreement and the legal ability to separate the proposed transaction.
Building B – Apartments and Commercial Space
The third property is a five-storey mixed-use building offering approximately 270 sqm of usable area.
The residential component comprises four one-bedroom apartments:
- Three apartments of approximately 55 sqm each
- One apartment of approximately 40 sqm
- Approximately 50 sqm ground-floor commercial office
- Elevator access
- Entire building included in the sale
Building B is currently offered at THB 35 million.
The combination of residential accommodation and ground-floor commercial space provides flexibility for an investor considering serviced apartments, hospitality operations or a mixed commercial and residential strategy.
THB 82.5 Million Complete Investment Package
Acquiring the three buildings together reduces the combined asking price to:
THB 82,500,000
This represents an average acquisition price of approximately THB 27.5 million per building.
For an investor evaluating this Patong hotel portfolio for sale, the package structure is therefore materially different from purchasing the buildings separately at their individual asking prices.
The portfolio should nevertheless be assessed on verified operating performance, legal ownership, building documentation, licence status, required capital expenditure and achievable rental or hospitality income rather than on acquisition price alone.
Existing Hotel Licence
An important element of the opportunity is the existing hotel licence currently associated with the operating structure.
A buyer should not assume that the existence of a licence automatically guarantees that the same operating rights will continue unchanged following every possible transaction structure.
The licence holder, category, validity period, authorised premises, renewal status and implications of any asset transfer, company transaction or change of operator should all be confirmed during due diligence.
Thailand’s official government information service outlines a formal process for the transfer of a hotel business licence, administered by the Department of Provincial Administration under the Hotel Act.
The exact procedure applicable to this investment will depend on how the acquisition is ultimately structured.
Flexible Hospitality and Rental Strategy
The configuration of the buildings provides several possible operating directions, subject to licensing, planning and other legal requirements.
The portfolio may potentially support serviced apartments, boutique accommodation, medium- or long-term residential rentals, corporate accommodation or a mixed hospitality and residential concept.
The existing apartment layouts may also reduce the amount of structural work required compared with converting a conventional commercial building into accommodation.
However, investors should review actual historical occupancy, average rental rates, operating expenses, staffing requirements, utilities, maintenance costs and any available financial statements before preparing an investment model.
No yield or return should be assumed without verified operating data.
Renovated Buildings with Unified Control
Another advantage of this Patong hotel portfolio for sale is that the investor is acquiring complete buildings rather than individual units scattered across a condominium development.
There are currently no individual apartment owners or third-party co-owners within the buildings.
This can simplify operational decision-making, branding and future renovation compared with a fragmented ownership structure.
The buildings have already undergone renovation and include elevator access, furnished accommodation and established residential layouts.
Nevertheless, a technical inspection should form part of the acquisition process to assess building condition, mechanical systems, elevators, fire-safety requirements and any future capital expenditure.
Patong Hospitality Location
The portfolio is located in Patong, Phuket’s largest west-coast tourism and hospitality centre.
Patong offers a dense concentration of hotels, restaurants, retail, nightlife and visitor services around Patong Beach.
Investors looking specifically at this market can compare other properties in Patong, including additional hotel and commercial opportunities.
Location within Patong alone should not replace a property-specific feasibility analysis. Accessibility, exact street position, guest profile, competitive supply and the operating concept will all influence the commercial performance of an individual hotel or serviced-apartment business.
Property and Investment Summary
Complete Portfolio Price: THB 82,500,000
Location: Patong, Phuket
Property Type: Hotel / Serviced Apartment Portfolio
Number of Buildings: 3
Combined Usable Area: Approx. 830 sqm
Bedrooms: Approx. 13
Bathrooms: 14
One-Bedroom Apartments: 11
Penthouse: 1 two-bedroom penthouse
Commercial Space: Approx. 50 sqm
Elevators: Yes
Condition: Renovated
Hotel Licence: Existing, subject to verification
Current Holding Structure: Thai company, subject to legal verification
Development Status: Completed
Building S Asking Price: THB 60 million for two buildings
Building B Asking Price: THB 35 million
Complete Portfolio Asking Price: THB 82.5 million
Due Diligence Before Acquisition
A transaction involving operating accommodation, real estate and a Thai company requires broader due diligence than a straightforward condominium purchase.
Investors should verify the underlying property titles, ownership of each building, company liabilities, tax history, hotel licence, building permits, permitted use, financial accounts, employment obligations and any contracts that would remain in force following the acquisition.
JFTB’s property due diligence guide for Thailand provides an overview of the principal checks buyers should consider before committing to a property transaction.
The final acquisition structure should be determined only after legal, accounting and commercial review.
Request Confidential Investment Information
At THB 82.5 million, this Patong hotel portfolio for sale provides control of three renovated buildings, approximately 830 sqm of combined usable area, multiple residential units, commercial space and an existing hospitality operating framework.
Contact JFTB Real Estate Phuket for current availability, floor plans, ownership information, company documentation, hotel licence details and arrangements for a confidential inspection.
Investors can also compare other hotels and hospitality properties for sale in Phuket before proceeding with detailed due diligence.
