33 bedrooms Commercial property in Chiang Mai, Thailand No. 1384

3
33 bedrooms Commercial property in Chiang Mai, Thailand No. 1384
ID1384 $ 2 508 485
1384

Property description

Hotel in the heart of the city - Your Euphoria Destination Prime Location: Conveniently situated on Nimmanhaemin Road, Chiang Mai, 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.
Chiang Mai - Statistics
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ParametersChiang Mai
Rent Per Month
Apartment (1 bedroom) in City Centre$ 394.02
Apartment (1 bedroom) Outside of Centre$ 233.47
Apartment (3 bedrooms) in City Centre$ 749.32
Apartment (3 bedrooms) Outside of Centre$ 472.48
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre$ 2 037.55
Price per Square Meter to Buy Apartment Outside of Centre$ 1 107.36
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ParametersChiang Mai
Crime Index21.75
Cost of Living and Rent Index20.43
Purchasing Power Index61.51
Property Price to Income Ratio11.58
Safety Index78.25
Traffic CO₂ Index5520.90
Traffic Inefficiency Index106.32
Rent Index8.82
Health Care Index84.98
Groceries Index38.56
Pollution Index77.79
Traffic Commute Time Index26.48
Restaurant Price Index18.82
Climate Index75.93
Cost of Living Index29.68
Quality of Life Index143.38
Traffic Index116.52
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ParametersChiang Mai
Restaurants
Meal, Inexpensive Restaurant$ 1.77
Meal for 2 People, Mid-range Restaurant, Three-course$ 17.72
McMeal at McDonalds (or Equivalent Combo Meal)$ 7.09
Domestic Beer (0.5 liter draught)$ 2.07
Imported Beer (0.33 liter bottle)$ 3.69
Coke/Pepsi (0.33 liter bottle)$ 0.64
Water (0.33 liter bottle) $ 0.33
Cappuccino (regular)$ 1.78
Markets
Milk (regular), (1 liter)$ 1.63
Loaf of Fresh White Bread (500g)$ 1.52
Eggs (regular) (12)$ 2.01
Local Cheese (1kg)$ 14.51
Water (1.5 liter bottle)$ 0.50
Bottle of Wine (Mid-Range)$ 17.72
Domestic Beer (0.5 liter bottle)$ 1.80
Imported Beer (0.33 liter bottle)$ 2.95
Cigarettes 20 Pack (Marlboro)$ 4.43
Apples (1kg)$ 2.71
Chicken Fillets (1kg)$ 2.80
Oranges (1kg)$ 1.27
Potato (1kg)$ 1.42
Lettuce (1 head)$ 0.66
Rice (white), (1kg)$ 1.20
Tomato (1kg)$ 1.40
Banana (1kg)$ 1.18
Onion (1kg)$ 1.20
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$ 10.53
Transportation
One-way Ticket (Local Transport)$ 0.89
Monthly Pass (Regular Price)$ 23.62
Gasoline (1 liter)$ 1.19
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)$ 21 409.05
Taxi Start (Normal Tariff)$ 1.26
Taxi 1km (Normal Tariff)$ 1.33
Taxi 1hour Waiting (Normal Tariff)$ 3.54
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)$ 22 501.65
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment$ 61.94
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)$ 17.71
$ 13.24
Salaries And Financing
Average Monthly Net Salary (After Tax)$ 679.18
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate5.00
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult$ 35.44
Tennis Court Rent (1 Hour on Weekend)$ 6.50
Cinema, International Release, 1 Seat$ 5.91
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)$ 56.60
1 Summer Dress in a Chain Store (Zara, H&M, ...)$ 30.71
1 Pair of Nike Running Shoes (Mid-Range)$ 82.68
1 Pair of Men Leather Business Shoes$ 64.97
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child$ 467.55
International Primary School, Yearly for 1 Child$ 14 174.27
Data are provided by Numbeo.com and are based on its users survey. Emirates.estate can not guarantee the validity of these data.
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CityChiang Mai
TypeCommercial property
Bedrooms33
Living space1080 m²
  • sq. ft
Price
  • Price
  • per m²
$ 2 508 485
Seller
Properties ChiangMai Co. Ltd.
Properties ChiangMai Co. Ltd.