99 - BoPhut Koh Samui
3 STAR CONDOMINIUM HOTEL
PROPERTY & LOCATION
Located in BoPhut area of Koh Samui, the property is strategically placed within few miles from key tourist attractions as well as locally favourite beaches. Fulcrum extensively repositioned and renovated the property into a contemporary hotel with a pool, spa, and other amenities. Currently there are over 100 units in the property & Fulcrum already owns more than 70% of the units.
The property has permit to be even used as condominium – which positively impacts the valuation of the property as no additional permits are being granted for condominium development in the area.