35 bedrooms Commercial property in Chiang Mai, Thailand No. 98245

ID98245
$ 2 978 523
Property description
Located in a Prime Area, near Royal Flora Ratchaphruek and Night SafariThis charming resort is perfectly positioned just 10 minutes from Chiang Mai International Airport, making it an easy and convenient destination for both local and international guests. It is nestled near some of Chiang Mai's top attractions, including the Royal Flora Ratchaphruek Park and the Chiang Mai Night Safari. The serene atmosphere is enhanced by its proximity to Wat Phra Chao Tan Jai, a cultural gem of the region.Property Details
Land Area: 3 Rai 3 Ngan 30 Square Wah (3-3-30)
Accommodations: Consists of 8 villas, a total of 35 rooms, can accommodate up to 100 people
Other Rooms: 2 sizes of meeting rooms
• Small meeting rooms For small seminar groups of 20 people
• Large meeting room, accommodating up to 100 people
Parking: space for 40 cars
Performance & Income:
While the owners were managing the business the average monthly income was between 150,000 - 400,000 baht.
- They also had a contract with an hospitality company which helps find customers for accommodation, generating income of approximately 120,000 - 150,000 baht per month.
- Additional income through Booking.com, Agoda and walk-in customers.
- Current Status: For Sale with Long Term Tenant at 150,000 Baht/ month
- SALE price has been reduced from 140 M Baht to 95 M!
Investment opportunities
- The resort is ready to operate, with consistent income and a clear customer base.
- Can add additional services such as a cafe, restaurant, Wellness Retreat to increase income.
- High potential location, near important tourist attractions, can attract both Thai and international tourists.
- Suitable for investors who want to expand their hotel/resort business portfolio in Chiang Mai.
Highlights
Prime Location: Close to popular tourist destinations, ensuring steady foot traffic and high demand
Ratchaphruek
Contact the seller
Chiang Mai
Commercial property
35
1500 m²
- m²
- sq. ft
6120 m²
- m²
- sq. ft
$ 2 978 523
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