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This property is a 1,100 m² hotel with 33 bed and 33 bathrooms that is available for sale. It is part of the เคป แม่ พิมพ์ project in Klaeng, Rayongand was completed in Dec 2013. You can buy this hotel for a base price of USD1,159,334 (USD1,053/m²).
33 bed 33 bathrooms 1,100 m² เคป แม่ พิมพ์Prime Investment Opportunity in Mae Phim, Rayong
Arcadia Maephim Serviced Apartments – Just 80 Metres from the Beach
Asking Price: 39,000,000 THB
A rare opportunity to acquire Arcadia Maephim Serviced Apartments, a substantial apartment-hotel property in one of Mae Phim's most sought-after coastal locations in Rayong.
Situated in the heart of Mae Phim and only approximately 80 metres from the beautiful beach, this property offers an attractive combination of an established accommodation business, substantial existing floor space and significant potential for future redevelopment.
Whether maintained as an apartment hotel, renovated into a more premium accommodation concept, or explored as a potential condominium development, the property offers multiple possibilities for an investor looking to create long-term value.
Exceptional Location & Property Profile
The building occupies a 276 sqm plot and comprises six levels, with approximately 1,100 sqm of existing apartment space.
The current layout includes:
Ground Floor: Reception area, restaurant and 3 apartments
Floors 2–5: 5 apartments on each floor
6th Floor: Undeveloped space offering further development potential
In total, the property comprises 23 apartments in a variety of sizes and layouts.
The largest apartments are approximately 116 sqm, featuring an open-plan living and dining area with kitchenette, two bedrooms and en-suite bathrooms.
The property also includes studio apartments of approximately 20 sqm, together with other units measuring approximately 27, 48 and 63 sqm.
This variety of unit sizes provides flexibility for different accommodation concepts and target markets.
Additional 244 sqm Plot – Further Development Potential
An additional 244 sqm plot of land is located directly behind the building and is currently used for guest parking.
For a future owner, this additional land represents an important development opportunity, subject to planning regulations and the necessary approvals.
Potential concepts could include:
A purpose-built parking structure
Swimming pool and leisure facilities
Additional accommodation units
Expanded communal facilities
A combination of parking and recreational space
Significant Value-Add Potential
One of the property's key attractions is the opportunity to unlock additional value through thoughtful renovation and redevelopment.
The undeveloped 6th floor could potentially be transformed into a substantial private residence or approximately 250 sqm penthouse, subject to the applicable regulations and approvals.
The rooftop area could also be reconsidered as part of a future redevelopment concept, while the rear land provides additional flexibility for improving the property's facilities and overall appeal.
Condominium Conversion – An Alternative Investment Strategy
For investors considering a condominium development, the existing building provides an interesting basis for further study.
Naina Rayong has compared the property with resale condominium units currently offered for sale in Mae Phim across five different condominium developments.
The average asking price of these comparable units is approximately 58,000 THB per sqm.
Based on approximately 1,100 sqm of existing apartment space, this equates to an indicative value of approximately 65 million THB based on the comparable asking prices.
It is important to note that the comparable condominium projects are generally newer and require less renovation. Any redevelopment strategy should therefore take into account renovation, construction, legal, planning and other associated costs.
Potential Common Area Fee Revenue
The comparable condominium developments reviewed charge approximately 45 THB per sqm per month in common area fees.
Based on approximately 1,100–1,350 sqm of apartment space, this could represent potential annual common area fee revenue of approximately 600,000–700,000 THB, depending on the final approved condominium layout and total saleable area.
The comparable developments also generally offer communal swimming pools, which could be considered as part of any future redevelopment plan.
A Property with Multiple Investment Possibilities
This property offers several potential strategies for a new owner:
1. Continue as an Apartment Hotel
Maintain the existing business model while improving the apartments, common areas and guest facilities.
2. Upgrade & Reposition
Renovate the existing apartments and facilities to create a more premium serviced-apartment or boutique accommodation concept.
3. Explore Condominium Development
Study the feasibility of converting or redeveloping the property into a condominium project, subject to applicable laws, regulations and approvals.
4. Unlock Additional Development Value
Make use of the undeveloped upper floor and the additional rear plot to potentially introduce new facilities, accommodation, parking or leisure areas.
Key Highlights
Prime coastal location in central Mae Phim
Approximately 80 metres from the beach
Established apartment-hotel property
23 existing apartments
The appartments have total 15 livingrooms, 33 bedrooms och 33 bathrooms
Approximately 1,100 sqm of apartment space
Six-storey building
276 sqm main plot
Additional 244 sqm rear plot
Existing restaurant and reception area
Undeveloped 6th floor
Potential for a substantial penthouse
Potential rooftop and rear-land development
Suitable for continued hotel/apartment operation
Potential condominium development opportunity
Attractive value-add potential for an investor with a long-term development strategy
Video:
Year of Construction: 1976 and renovated in 2021
Property ID: CB-AMSA23
Asking Price: 39,000,000 THB
Naina Rayong Co., Ltd.
Tel.: |
Arcadia Maephim Serviced Apartments – Just 80 Metres from the Beach
Asking Price: 39,000,000 THB
A rare opportunity to acquire Arcadia Maephim Serviced Apartments, a substantial apartment-hotel property in one of Mae Phim's most sought-after coastal locations in Rayong.
Situated in the heart of Mae Phim and only approximately 80 metres from the beautiful beach, this property offers an attractive combination of an established accommodation business, substantial existing floor space and significant potential for future redevelopment.
Whether maintained as an apartment hotel, renovated into a more premium accommodation concept, or explored as a potential condominium development, the property offers multiple possibilities for an investor looking to create long-term value.
Exceptional Location & Property Profile
The building occupies a 276 sqm plot and comprises six levels, with approximately 1,100 sqm of existing apartment space.
The current layout includes:
Ground Floor: Reception area, restaurant and 3 apartments
Floors 2–5: 5 apartments on each floor
6th Floor: Undeveloped space offering further development potential
In total, the property comprises 23 apartments in a variety of sizes and layouts.
The largest apartments are approximately 116 sqm, featuring an open-plan living and dining area with kitchenette, two bedrooms and en-suite bathrooms.
The property also includes studio apartments of approximately 20 sqm, together with other units measuring approximately 27, 48 and 63 sqm.
This variety of unit sizes provides flexibility for different accommodation concepts and target markets.
Additional 244 sqm Plot – Further Development Potential
An additional 244 sqm plot of land is located directly behind the building and is currently used for guest parking.
For a future owner, this additional land represents an important development opportunity, subject to planning regulations and the necessary approvals.
Potential concepts could include:
A purpose-built parking structure
Swimming pool and leisure facilities
Additional accommodation units
Expanded communal facilities
A combination of parking and recreational space
Significant Value-Add Potential
One of the property's key attractions is the opportunity to unlock additional value through thoughtful renovation and redevelopment.
The undeveloped 6th floor could potentially be transformed into a substantial private residence or approximately 250 sqm penthouse, subject to the applicable regulations and approvals.
The rooftop area could also be reconsidered as part of a future redevelopment concept, while the rear land provides additional flexibility for improving the property's facilities and overall appeal.
Condominium Conversion – An Alternative Investment Strategy
For investors considering a condominium development, the existing building provides an interesting basis for further study.
Naina Rayong has compared the property with resale condominium units currently offered for sale in Mae Phim across five different condominium developments.
The average asking price of these comparable units is approximately 58,000 THB per sqm.
Based on approximately 1,100 sqm of existing apartment space, this equates to an indicative value of approximately 65 million THB based on the comparable asking prices.
It is important to note that the comparable condominium projects are generally newer and require less renovation. Any redevelopment strategy should therefore take into account renovation, construction, legal, planning and other associated costs.
Potential Common Area Fee Revenue
The comparable condominium developments reviewed charge approximately 45 THB per sqm per month in common area fees.
Based on approximately 1,100–1,350 sqm of apartment space, this could represent potential annual common area fee revenue of approximately 600,000–700,000 THB, depending on the final approved condominium layout and total saleable area.
The comparable developments also generally offer communal swimming pools, which could be considered as part of any future redevelopment plan.
A Property with Multiple Investment Possibilities
This property offers several potential strategies for a new owner:
1. Continue as an Apartment Hotel
Maintain the existing business model while improving the apartments, common areas and guest facilities.
2. Upgrade & Reposition
Renovate the existing apartments and facilities to create a more premium serviced-apartment or boutique accommodation concept.
3. Explore Condominium Development
Study the feasibility of converting or redeveloping the property into a condominium project, subject to applicable laws, regulations and approvals.
4. Unlock Additional Development Value
Make use of the undeveloped upper floor and the additional rear plot to potentially introduce new facilities, accommodation, parking or leisure areas.
Key Highlights
Prime coastal location in central Mae Phim
Approximately 80 metres from the beach
Established apartment-hotel property
23 existing apartments
The appartments have total 15 livingrooms, 33 bedrooms och 33 bathrooms
Approximately 1,100 sqm of apartment space
Six-storey building
276 sqm main plot
Additional 244 sqm rear plot
Existing restaurant and reception area
Undeveloped 6th floor
Potential for a substantial penthouse
Potential rooftop and rear-land development
Suitable for continued hotel/apartment operation
Potential condominium development opportunity
Attractive value-add potential for an investor with a long-term development strategy
Video:
Year of Construction: 1976 and renovated in 2021
Property ID: CB-AMSA23
Asking Price: 39,000,000 THB
Naina Rayong Co., Ltd.
Tel.: |
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Garden
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Swimming pool
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Fully furnished
- Date Listed Nov 10, 2026
- Updated 12 hours ago
- Property Type Resort
- Floor 6
- Bedrooms 33
- Price per SqM USD1,053/m²
- Size 1,100 m²
- Furnished Fully furnished
Pick one or more questions, or write your own.
- Project Name: เคป แม่ พิมพ์
- Construction: Completed (Dec 2013)
- Floors: 2
- Units: 3
- Location: Klaeng, Rayong
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Parking
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Garden
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Jacuzzi
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Security
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Swimming pool
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