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Location: Kata, Phuket, Thailand (walkable to Kata & Karon beaches). Asset: Boutique hotel, 20 rooms (~24 sqm each, private balcony). Building: 3 floors + rooftop, 2 land titles (total ~281 sqm) Facilities: Reception, lobby, bar, swimming pool, rooftop (expansion ready). Status: Fully licensed, turnkey, operational with existing customer base - Financials (Base Case): 66% occupancy, 9.18M THB revenue, 4.84M THB EBITDA, ~6.4% yield - Financials (Best Case): 76% occupancy, 13.05M THB revenue, 6.92M THB EBITDA, ~9.2% yield Sale Package: Includes land (freehold), building, licenses, FF&E, online presence.