Pratunam Market Prime Tourist Hotspot!! 147.9 Sq.wah Land for Sale at Phetchaburi Soi 15, Ideal for 8-Storey 79 Key Hotel, MRT Orange Line 400 meters!!

Pratunam Market Prime Tourist Hotspot!! 147.9 Sq.wah Land for Sale at Phetchaburi Soi 15, Ideal for 8-Storey 79 Key Hotel, MRT Orange Line 400 meters!!
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TPI-2976
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Location: Phetchaburi Soi 15, Thanon Phaya Thai Subdistrict, Ratchathewi District, Bangkok
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Property Details
Land size: 147.9 sq.wah
One of the last remaining large plots in the area
Suitable for constructing an 8-storey 79 key hotel
Estimated usable area per floor: 340 Sq.m. (basement to 8th floor)
Feasibility study based on 80% occupancy rate projects approx. 12% annual return
Located behind Indra Square, within the vibrant Pratunam Market commercial hub
Hotels along Phetchaburi Soi 13, 15, and 17 operate at high occupancy all year round
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Hotel Investment Opportunity in - High Profit Potential from Prime Tourist Location
Even during low season, hotel occupancy averages around 80%
During high season, all hotels here reach 100% occupancy
Average room rate in the area: 1,200 THB per night
Conservative revenue projection:
At 60% occupancy, estimated room revenue could reach approximately 1.7 million THB per month
Additional revenue potential from restaurant, café and other hotel services
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Easily Accesible for Tourists
500 meters walk from Phaya Thai BTS Station and Airport Rail Link
400 meters from MRT Orange Line – Pratunam Station expected to operate by 2030
Station entrance is located at the corner of Phetchaburi Soi 17, greatly enhancing long-term land value.
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Selling at just 950,000 THB per Sq.wah
Total price: 140.505 Million THB
Land prices in this location will increase exponentially after the new MRT line becomes operational!
This is a rare chance to secure a prime development site in the heart of Bangkok’s tourism district!
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Locations Nearby
Phenix Pratunam
Platinum Fashion Mall
CentralWorld
Big C Ratchadamri
Baiyoke Tower
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For viewing appointment, contact:
Mr. Ritch 094-287-8264 (Line)
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www.thaipropertyinvestor.net