32 bungalows resort with a beach front plot

For sale in Koh Phangan, famous resort in a secluded area with huge beach front.   The sale includes the resort + the land ownership.   The resort includes: - 32 bungalows (20 with AC - 12 with fan) - 1 big restaurant - 1 swimming pool - 1 pool side bar - 1 activity desk   The size of the land is 5 RAI, the land features an amazing beach front.   Annual turnover = around 10 million THB   Run as a family business. Possibility to double the income with a more professional management.   Price: 120 million THB (for sale) or 4 million THB/year (long term lease).