Lily Beach Front Resort: Located on Mui Ne Beach just 15 minutes drive from Phan Thiet City, Binh Thuan Province, Vietnam or 4hours drive from Hochiminh city (220km from HCM city). Approximately 6000m2 prime beach front real estate along the main strip of beautiful beach city of Muine, Phan Thiet. This property currently owned by a private held stock company, and is at the last stage of construction, which is designed with Mediterranean architecture. All existing structures are concrete, bricks and mortar and black tile roof, with main lobby building (lobby lounge, spa facilities, wedding size restaurant and café), beach villa, 26 guest’s rooms, infinitive pool and two stories poolside bar & café, and water tower. We have set aside some land for future expansion with 16 additional guest rooms.
 
 This property is very attractive with guest suites nestle between luscious coconut trees and endless white sandy beaches. Mui Ne beach city is expanding to become one of the most prestigious focal resort point in the country. We are looking for potential investors, and believe that our property and its location are best suited for a boutique resort style, which concentrate on detailed personal services and private comfort.
 
 The room rate in this area is ranging from $75USD to $175USD/night. Additional revenues generate from spa packages, bar & café, restaurant, gift shop, kite surfing, etc. are a remarkable possibility.
 
 INVESTMENT
 1. FOR SALE. The asking sale price is 7,000,000US$ (negotiable).
 
 2. JOINT VENTURE: We are looking for an investor with some experience in operating a boutique resort & spa to complete the construction, landscape, and furnishing of a 4 or 5 star resorts. A joint venture will be created between the present owners and the investor. The investment from the foreign investor will be approximately US$3,500,000.00 for approximately 50% of the joint venture. After the forming of this joint venture, each partner of the joint venture will contribute capital in the amount proportionate to its percentage share of the JV for all cost to finish all construction, landscape, furnishing, etc. Fees and costs of future expansion and all costs of operating, if any, shall be shared in proportion by the JV partners. All proceeds, after deducting all operating expenses, and taxes shall be divided in proportion to the percentage share to each JV partner. The term of this JV is approximately 25 years. At the end of the JV, the entire project will be turned over to the present owner.
 
Some photos and Layout:

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