An exceptional investment opportunity awaits in the heart of Bangkok’s most prestigious riverside district. This upcoming super-luxury 5-star hotel sits directly across from ICONSIAM and in the vicinity of the Shangri-La, Grand Palace, and revered temples—an iconic location with unmatched visibility and prestige.

Key Highlights:

• Prime Riverside Plot: 3,116 sqm of freehold land (1 Rai, 379 Wah) in Bangkok’s most coveted riverfront corridor.
• Substantial Built-Up Area: Approx. 24,000 sqm gross floor area with vacant possession available.
• Hotel Capacity: Up to 255 guest rooms ranging from 35 sqm to 176 sqm, offering a flexible mix of deluxe and suite configurations.
• Amenities: Rooftop bar, fine dining restaurants, river-view swimming pool, full-service spa, fitness center, executive lounge, banquet halls, and modern conference facilities.
• Strategic Upgrade Opportunity: Requires internal completion, estimated at THB 1.1 billion, with a projected completion timeline of 18 months.
• BOI Incentives: Eligible for Board of Investment (BOI) privileges, allowing potential foreign ownership and tax advantages.

Financial & Investment Highlights:

• Asking Price: THB 2.2 billion (as-is)
• Total Estimated Investment (with Remaining Completion): THB 3.3 billion
• Projected Stabilized Performance:
  • ADR: THB 8,000 (with room for uplift)
  • Occupancy: 75%+
  • Annual Revenue: THB 859 million
  • EBIT: THB 293 million
  • GOP Margin: 38%
  • F&B performance expected to contribute 35%+ of revenue, with upside from rooftop and signature dining enhancements

Investment Considerations:

• High-end room sizes offer potential to boost ADR further
• Exceptional location draws affluent domestic and international clientele
• Joint Venture structure possible
• Suitable for luxury repositioning under international branding

This is a rare chance to acquire a trophy asset in Bangkok’s most dynamic riverside neighborhood, with strong income potential and long-term capital appreciation.

📩 For further details, please inquire directly.