House in Chiang Mai, Thailand 8 bedrooms № 113701

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House in Chiang Mai, Thailand 8 bedrooms № 113701
ID113701 ฿ 24 500 000
  • THB ฿
  • USD $
  • EUR €
  • RUB ₽
  • GBP £

Property description

Nestled in the heart of Chiang Mai, this unique property offers an enticing investment opportunity as a serviced apartment or small hotel. The three-story building comprises six spacious apartments - four one-bedroom and two two-bedroom units. The prime location, just behind Kasikorn Bank, places guests within easy walking distance of popular attractions like the Night Bazaar and Walking Street Markets, making it ideal for visitors without personal transportation. These apartments stand out due to their ample space and comprehensive amenities, including full kitchens, separate living rooms, and spacious balconies or private gardens. Currently operated as a small hotel with daily rates ranging from 1,600 to 4,000 baht per night depending on season and demand. This property presents a turnkey opportunity in Chiang Mai's thriving hospitality market.
Chiang Mai - Statistics
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ParametersChiang Mai
Rent Per Month
Apartment (1 bedroom) in City Centre฿ 13 635.95
Apartment (1 bedroom) Outside of Centre฿ 8 323.53
Apartment (3 bedrooms) in City Centre฿ 25 375.00
Apartment (3 bedrooms) Outside of Centre฿ 16 250.00
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre฿ 69 000.00
Price per Square Meter to Buy Apartment Outside of Centre฿ 37 500.00
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ParametersChiang Mai
Crime Index21.75
Cost of Living and Rent Index20.93
Purchasing Power Index60.61
Property Price to Income Ratio11.58
Safety Index78.25
Traffic CO₂ Index5236.00
Traffic Inefficiency Index94.20
Rent Index8.97
Health Care Index84.87
Groceries Index40.71
Pollution Index77.79
Traffic Commute Time Index24.92
Restaurant Price Index18.96
Climate Index75.93
Cost of Living Index30.75
Quality of Life Index143.66
Traffic Index111.98
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ParametersChiang Mai
Restaurants
Meal, Inexpensive Restaurant฿ 60.00
Meal for 2 People, Mid-range Restaurant, Three-course฿ 600.00
McMeal at McDonalds (or Equivalent Combo Meal)฿ 240.00
Domestic Beer (0.5 liter draught)฿ 75.00
Imported Beer (0.33 liter bottle)฿ 130.00
Coke/Pepsi (0.33 liter bottle)฿ 20.69
Water (0.33 liter bottle) ฿ 11.39
Cappuccino (regular)฿ 59.76
Markets
Milk (regular), (1 liter)฿ 54.26
Loaf of Fresh White Bread (500g)฿ 50.33
Eggs (regular) (12)฿ 69.32
Local Cheese (1kg)฿ 491.50
Water (1.5 liter bottle)฿ 16.82
Bottle of Wine (Mid-Range)฿ 600.00
Domestic Beer (0.5 liter bottle)฿ 61.02
Imported Beer (0.33 liter bottle)฿ 119.44
Cigarettes 20 Pack (Marlboro)฿ 150.00
Apples (1kg)฿ 89.75
Chicken Fillets (1kg)฿ 94.54
Oranges (1kg)฿ 43.13
Potato (1kg)฿ 45.63
Lettuce (1 head)฿ 22.78
Rice (white), (1kg)฿ 40.71
Tomato (1kg)฿ 51.67
Banana (1kg)฿ 39.09
Onion (1kg)฿ 38.75
Beef Round (1kg) (or Equivalent Back Leg Red Meat)฿ 356.60
Transportation
One-way Ticket (Local Transport)฿ 30.00
Monthly Pass (Regular Price)฿ 800.00
Gasoline (1 liter)฿ 40.48
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)฿ 725 000.00
Taxi Start (Normal Tariff)฿ 42.50
Taxi 1km (Normal Tariff)฿ 45.00
Taxi 1hour Waiting (Normal Tariff)฿ 120.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)฿ 762 000.00
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment฿ 2 202.57
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)฿ 624.75
฿ 454.06
Salaries And Financing
Average Monthly Net Salary (After Tax)฿ 23 000.00
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate5.00
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult฿ 1 200.25
Tennis Court Rent (1 Hour on Weekend)฿ 220.00
Cinema, International Release, 1 Seat฿ 200.00
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)฿ 1 916.67
1 Summer Dress in a Chain Store (Zara, H&M, ...)฿ 1 040.00
1 Pair of Nike Running Shoes (Mid-Range)฿ 2 800.00
1 Pair of Men Leather Business Shoes฿ 2 200.00
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child฿ 15 833.33
International Primary School, Yearly for 1 Child฿ 454 285.71
Data are provided by Numbeo.com and are based on its users survey. Thailand-real.estate can not guarantee the validity of these data.
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CityChiang Mai
TypeHouse
Bedrooms8
Living space800 m²
  • sq. ft
Price
  • Price
  • per m²
฿ 24 500 000
  • THB ฿
  • USD $
  • EUR €
  • RUB ₽
  • GBP £
Seller
Properties ChiangMai Co. Ltd.
Properties ChiangMai Co. Ltd.