20 bedrooms Commercial property in Chiang Mai, Thailand No. 66399
ID66399
$ 4 329 667
Property description
This successful Korean Cafe & Restaurant is a rare opportunity for investors in Chiang Mai. Located near Chiang Mai University and Nimmanhaemin Road, it benefits from high foot traffic and a thriving tourist presence. The business has been profitable for 7 years and is fully licensed for restaurant and liquor sales. With a garden area, ample parking, and a spacious 415 sqm dining area, it’s ideal for anyone looking to expand in the restaurant business. The sale includes land, building, and ongoing operations for 35M THB.Key Features:One-storey reinforced concrete building (415 sqm)Profitable business with 7 years of operationPrime location near Chiang Mai University, Nimmanhaemin Road, and airportParking for 16 cars (594 sqm)Garden area with potential for outdoor seatingFully licensed for restaurant and liquor salesSale includes land and building3-phase electricity with private transformerChiang Mai - Statistics
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| Parameters | Chiang Mai |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 388.93 |
| Apartment (1 bedroom) Outside of Centre | $ 233.89 |
| Apartment (3 bedrooms) in City Centre | $ 739.15 |
| Apartment (3 bedrooms) Outside of Centre | $ 473.35 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 2 009.90 |
| Price per Square Meter to Buy Apartment Outside of Centre | $ 1 092.34 |
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| Parameters | Chiang Mai |
|---|---|
| Crime Index | 21.75 |
| Cost of Living and Rent Index | 20.59 |
| Purchasing Power Index | 61.62 |
| Property Price to Income Ratio | 11.58 |
| Safety Index | 78.25 |
| Traffic CO₂ Index | 5236.00 |
| Traffic Inefficiency Index | 94.20 |
| Rent Index | 8.83 |
| Health Care Index | 84.77 |
| Groceries Index | 39.80 |
| Pollution Index | 77.79 |
| Traffic Commute Time Index | 24.92 |
| Restaurant Price Index | 19.40 |
| Climate Index | 75.93 |
| Cost of Living Index | 30.04 |
| Quality of Life Index | 144.09 |
| Traffic Index | 111.98 |
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| Parameters | Chiang Mai |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | $ 1.75 |
| Meal for 2 People, Mid-range Restaurant, Three-course | $ 18.93 |
| McMeal at McDonalds (or Equivalent Combo Meal) | $ 7.28 |
| Domestic Beer (0.5 liter draught) | $ 2.26 |
| Imported Beer (0.33 liter bottle) | $ 3.79 |
| Coke/Pepsi (0.33 liter bottle) | $ 0.65 |
| Water (0.33 liter bottle) | $ 0.33 |
| Cappuccino (regular) | $ 1.79 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.58 |
| Loaf of Fresh White Bread (500g) | $ 1.47 |
| Eggs (regular) (12) | $ 2.02 |
| Local Cheese (1kg) | $ 14.32 |
| Water (1.5 liter bottle) | $ 0.49 |
| Bottle of Wine (Mid-Range) | $ 17.48 |
| Domestic Beer (0.5 liter bottle) | $ 1.78 |
| Imported Beer (0.33 liter bottle) | $ 3.48 |
| Cigarettes 20 Pack (Marlboro) | $ 4.37 |
| Apples (1kg) | $ 2.61 |
| Chicken Fillets (1kg) | $ 2.75 |
| Oranges (1kg) | $ 1.26 |
| Potato (1kg) | $ 1.33 |
| Lettuce (1 head) | $ 0.66 |
| Rice (white), (1kg) | $ 1.19 |
| Tomato (1kg) | $ 1.51 |
| Banana (1kg) | $ 1.14 |
| Onion (1kg) | $ 1.13 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 10.39 |
| Transportation | |
| One-way Ticket (Local Transport) | $ 0.87 |
| Monthly Pass (Regular Price) | $ 23.30 |
| Gasoline (1 liter) | $ 1.18 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | $ 21 118.56 |
| Taxi Start (Normal Tariff) | $ 1.24 |
| Taxi 1km (Normal Tariff) | $ 1.31 |
| Taxi 1hour Waiting (Normal Tariff) | $ 3.50 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | $ 22 196.33 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 64.16 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 18.20 |
| $ 12.98 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 669.97 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.00 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 34.96 |
| Tennis Court Rent (1 Hour on Weekend) | $ 6.41 |
| Cinema, International Release, 1 Seat | $ 5.83 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | $ 55.83 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 30.29 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 81.56 |
| 1 Pair of Men Leather Business Shoes | $ 64.08 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 461.21 |
| International Primary School, Yearly for 1 Child | $ 13 232.91 |
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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Chiang Mai
Commercial property
20
415 m²
- m²
- sq. ft
$ 4 329 667
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