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Juwai Commercial
Juwai LUXE
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Property in Sangkhom, Nong Khai Province, Thailand.
PRICE FOR BUSINESS, TITLED LAND, LICENSES, ALL EQUIPMENT AND FURNISHINGS is 45,000,000 BAHT
The Wixky Hotel is situated along the Meekong opposite to Lao approx 80 klms from Nongkhai. The property comprises the original hotel building constructed in 2017 which contains the reception, dining room and kitchen at ground floor level and ten bedrooms with ensuite bathroom on the first floor plus the newly built accommodation block at the rear of the site which contains five bedrooms at ground floor level and six bedrooms at first floor level, for a total of twenty-one [21] bedrooms, all with ensuite bathrooms plus extensive onsite facilities. The new double storey block of rooms are of larger size and configuration allowing families with a total number of guests in all 21 rooms being 65 people comfortably.
The area between the bookend buildings contains a Bar, Swimming pool and large seating al fresco area and can cater for large events including weddings/concerts/and party use.
The Hotel was closed during the Global Pandemic and the Owners took the opportunity to build the additional accommodations ahead of a “soft” re-opening in late October-early November 2022.
In these circumstances, there is historic operating data for the Hotel evidencing business “continual buildup” since Covid closure and improving clientele numbers based upon its enlarged room count and enhanced amenities and facilities since reopening after Covid. Interested parties should use their own commercial judgement to assess the Wixky Hotel’s full potential profitability, based upon the past operating data and results for similar quality hotels in the region, including the average achievable daily room rate and likely occupancy rate across the years since Covid, operating expenses are easily identifiable and are based on “economies to scale” (meaning the more guests – the more expense - balanced against increase in revenue.)
Nong Khai is a border town on the bank of the Mekong River opposite the Lao People’s Democratic Republic (Lao PDR.) and features temples, traditional northern Thai culture and cuisine, beautiful, unspoilt countryside, and a rural folk lifestyle.
One of the main events of the year centres on the Bung Fi Phaya Nak, the naga fireballs: an annual event whereby mysterious glowing balls of light rise up out of the river, believed to be sent by the naga king in honour of the Lord Buddha.
A friendship bridge links the two countries and Nong Khai is a popular stop for travellers headed to Vientiane and greater Laos. Mud Mee, a special style of silk that is popular with the Thai royal family, is produced in Nong Khai.
Some attractions traveller should not miss are Prab Hor Monument, built to honour those who died in the fight against Chinese Hor rebellion; Luang Pho Pra Sai, worshipped by many people, located on Pho Chai Road; Hat Chom Manee, the Beach on the Mekong River known as ‘Pattaya E-san’; Thai-Lao Friendship Bridge, a bridge over the Mekong River, connecting Nong Khai province with Vientiane Prefecture in Laos.
It was founded in cooperation with Australia, Laos and Thailand with a length of 1.2 km and a width 15 m.
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exterior
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* The above information is the average for each state in Thailand For more details about loans, please send us an enquiry.
Disclaimer: Currency shown is based on currency conversion, please refer to actual currency price of the property.
