16 Bedroom Land for sale · Sea View

The project is held under Thai company ownership with 49% foreign buyable equity—a structure common in multi-unit Patong STR portfolios. Hotel Act B.E. 2547 licensing is critical: sub-30-day rentals require hotel registration. Individual juristic person house-rules may impose STR bans; confirm with the juristic board before purchase. Gross yields in Patong average 9–12% (pre-fee), but net yield—after OTA commissions (15–18%), CAM, property management, housekeeping, and 25–30% vacancy allowance—typically settles at 3.5–5.5% annually. This multi-unit structure, if professionally managed, can outperform single-unit condos through portfolio resilience.

Ideal for pure-yield investors with operational experience in short-term rental management and Thai company structures. Not suited for family owner-occupancy or capital-appreciation strategies; Patong's per-unit yield often underperforms alternative zones (Bang Tao, Surin) despite higher gross rates. Nightlife-driven noise, enforcement-risk on non-licensed buildings (2024–2025 provincial raids), and saturation (717+ Patong STR listings) are material risks to assess before commitment.