Jones Lang LaSalle’s Hotels & Hospitality Group (“JLL”) is pleased to offer for sale the Midscale Hotel in Patong, Phuket (the “Property” or “Hotel”).
The Hotel is located in Patong, the most visited destination in Phuket known for its uninterrupted shoreline, multitude of leisure activity options and vibrant nightlife. Although currently franchised with a third-party, there is an option to acquire the Property with vacant possession, allowing the incoming investor to achieve brand presence in one of the key leisure destinations in Thailand. The offer also entails a 100% freehold ownership via Board of Investment (BOI) Promotion, through which international investors can enjoy outright ownership of the Property.
*Photos are location only