33 bedrooms Commercial property in Chiang Mai, Thailand No. 1384
ID1384
$ 2 565 294
Property description
Hotel in the heart of the city - Your Euphoria Destination Prime Location: Conveniently situated on Nimmanhaemin Road, surrounded by Doi Suthep, coffee shops, restaurants, and major shopping centers like ONE Nimman and Maya Mall. Hotel License & Liquor License: Fully licensed for hospitality and serving liquor, enabling you to cater to a diverse clientele. Spacious Property: Boasting a generous land size of 100 Sq. w. (400 Sq. m) and a total usable area of 1,080 Sq. m. across 4 floors. 33 Charming Rooms: Welcoming guests with 33 cozy and well-appointed rooms, offering comfort after a long day of exploring the city. Coffee Shop on Ground Floor: Enhance guest experience with a delightful coffee shop conveniently located on the ground floor. Rental Income: Extra revenue from antenna rental, generating 100,000 THB per Year. Proven Success: Recognized by major online travel agencies like Agoda and Booking, highlighting its popularity among Thai and foreign customers. High Occupancy Rate: Boasting an impressive occupancy rate of 50-70% in low season and 90-100% in high season. Endless Potential: An excellent investment opportunity in one of Chiang Mai's most sought-after areas.Contact us today to seize this lucrative hotel investment and arrange a viewing.
Chiang Mai - Statistics
Choose a city for comparison
Compare
| Parameters | Chiang Mai |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 412.15 |
| Apartment (1 bedroom) Outside of Centre | $ 257.75 |
| Apartment (3 bedrooms) in City Centre | $ 806.55 |
| Apartment (3 bedrooms) Outside of Centre | $ 492.97 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 2 186.87 |
| Price per Square Meter to Buy Apartment Outside of Centre | $ 1 504.86 |
Choose a city for comparison
Compare
| Parameters | Chiang Mai |
|---|---|
| Crime Index | 21.83 |
| Cost of Living and Rent Index | 21.80 |
| Purchasing Power Index | 51.63 |
| Property Price to Income Ratio | 14.82 |
| Safety Index | 78.17 |
| Traffic CO₂ Index | 5236.00 |
| Traffic Inefficiency Index | 94.20 |
| Rent Index | 9.28 |
| Health Care Index | 84.77 |
| Groceries Index | 43.34 |
| Pollution Index | 77.79 |
| Traffic Commute Time Index | 24.92 |
| Restaurant Price Index | 19.34 |
| Climate Index | 75.93 |
| Cost of Living Index | 32.35 |
| Quality of Life Index | 136.58 |
| Traffic Index | 111.98 |
Choose a city for comparison
Compare
| Parameters | Chiang Mai |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | $ 1.85 |
| Meal for 2 People, Mid-range Restaurant, Three-course | $ 17.79 |
| McMeal at McDonalds (or Equivalent Combo Meal) | $ 6.82 |
| Domestic Beer (0.5 liter draught) | $ 2.37 |
| Imported Beer (0.33 liter bottle) | $ 3.93 |
| Coke/Pepsi (0.33 liter bottle) | $ 0.62 |
| Water (0.33 liter bottle) | $ 0.35 |
| Cappuccino (regular) | $ 1.75 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.68 |
| Loaf of Fresh White Bread (500g) | $ 1.46 |
| Eggs (regular) (12) | $ 2.08 |
| Local Cheese (1kg) | $ 14.68 |
| Water (1.5 liter bottle) | $ 0.53 |
| Bottle of Wine (Mid-Range) | $ 17.79 |
| Domestic Beer (0.5 liter bottle) | $ 1.83 |
| Imported Beer (0.33 liter bottle) | $ 3.69 |
| Cigarettes 20 Pack (Marlboro) | $ 4.30 |
| Apples (1kg) | $ 3.03 |
| Chicken Fillets (1kg) | $ 2.73 |
| Oranges (1kg) | $ 1.56 |
| Potato (1kg) | $ 1.51 |
| Lettuce (1 head) | $ 0.85 |
| Rice (white), (1kg) | $ 1.27 |
| Tomato (1kg) | $ 2.25 |
| Banana (1kg) | $ 1.12 |
| Onion (1kg) | $ 1.26 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 10.96 |
| Transportation | |
| One-way Ticket (Local Transport) | $ 0.89 |
| Monthly Pass (Regular Price) | $ 23.72 |
| Gasoline (1 liter) | $ 1.21 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | $ 21 498.04 |
| Taxi Start (Normal Tariff) | $ 1.19 |
| Taxi 1km (Normal Tariff) | $ 1.33 |
| Taxi 1hour Waiting (Normal Tariff) | $ 2.97 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | $ 23 796.11 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 63.97 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 19.86 |
| $ 13.62 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 622.70 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.13 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 39.30 |
| Tennis Court Rent (1 Hour on Weekend) | $ 6.92 |
| Cinema, International Release, 1 Seat | $ 5.93 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | $ 53.37 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 33.11 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 83.03 |
| 1 Pair of Men Leather Business Shoes | $ 65.24 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 469.50 |
| International Primary School, Yearly for 1 Child | $ 13 491.88 |
Data are provided by Numbeo.com and are based on its users survey. Emirates.estate can not guarantee the validity of these data.
Contact the seller
Chiang Mai
Commercial property
33
1080 m²
- m²
- sq. ft
$ 2 565 294
Offer your price