31 bedroom Commercial property in Chiang Mai, Thailand No. 1550

2
31 bedroom Commercial property in Chiang Mai, Thailand No. 1550
ID1550 $ 5 500 104
1550

Property description

5-Star Hotel for Sale in The Most Prime Area of Chiang Mai Old CityDiscover a unique investment opportunity with this hotel venture seamlessly blending Renaissance and Lanna aesthetics, strategically situated in the historic heart of Chiang Mai's Old City. Explore this extraordinary masterpiece today on a viewing with - Chiang Mai's Leading Real Estate Agency.Sale Price: ฿190,000,000 (Freehold)Key Details:
- Room Rates: ฿3,000 to ฿10,000 per night
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- Gold House: ฿50,000 per night
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- Monthly Income: Approx. ฿2 Million
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- Land Size: 655 Sq.Wah
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- Usable Area: 4,500 Sqm
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- Unique Blend of Renaissance Architecture and Lanna Style
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- 5 Distinctive Buildings with a Total of 31 Rooms
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- Floors: 3
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- Licenses: Hotel Operations, Alcoholic Beverages, and Tobacco
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- Foreigner-Focused Customer Base (Approx. 99%)
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- Year-Round Occupancy Rate: 85%
- Investment Opportunity:
- Strong Foreign Visitor Customer Base
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- Ultimate Wedding Venue
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- Unique and One-of-a-kind Styling
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- Absolute Prime Location
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- Full Disclosure on Client Numbers and Balance Sheet
- Explore this one-of-a-kind hotel opportunity with Renaissance and Lanna influences, strategically located in Chiang Mai's revered Old City. for a full property presentation  Find More Commercial Properties in Chiang Mai

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Chiang Mai - Statistics
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ParametersChiang Mai
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ParametersChiang Mai
Crime Index21.75
Cost of Living and Rent Index20.29
Purchasing Power Index62.22
Property Price to Income Ratio11.58
Safety Index78.25
Traffic CO₂ Index5520.90
Traffic Inefficiency Index106.32
Rent Index8.75
Health Care Index84.98
Groceries Index39.31
Pollution Index77.79
Traffic Commute Time Index26.48
Restaurant Price Index18.63
Climate Index75.93
Cost of Living Index29.55
Quality of Life Index143.68
Traffic Index116.52
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ParametersChiang Mai
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CityChiang Mai
TypeCommercial property
Bedrooms31
Living space4500 m²
  • sq. ft
Price
  • Price
  • per m²
$ 5 500 104
Seller
Properties ChiangMai Co. Ltd.
Properties ChiangMai Co. Ltd.