Shades Resort Apartments is a beautiful boutique resort with 7 fully serviced apartments and 3 deluxe studios set on the waterfront of magnificent Mui Ne Bay, which is fast becoming a favourite holiday getaway with its great weather, friendly people and delightful surroundings.
Shades has a kitchen and a 40 seat restaurant currently offering breakfast only. There is a lot of potential for expanding the restaurant part of the operation to include other meals.
The Mui Ne Bay area with its prominent coastline, beachfront resorts, brilliant kite surfing, bars and night spots, white sand dunes, fishing villages and open markets offering the very freshest seafood and produce is a natural attraction for holiday makers who are warmly welcomed by the friendly locals.
There is a long list of chattels including 7 seater vehicle, motorbike, paintings, ceramic pots, all necessary furniture plus a separate owners home 600 metres from the Resort. There is also a managers flat on site. All buildings and chattels are freehold but as with most properties in Vietnam the land is leased with 47 years to go on a 50 year lease..
The Resort has good turnover and profit margin and the only reason for sale is that the kiwi owners are returning to New Zealand for personal reasons. It should be noted that since opening in 2008 the Resort has always had NZ owners.
The owners are asking $1.2m but are negotiable and may trade New Zealand property or assets to the same value.
Call today for further details.