Commercial property for sale in Chiang Rai, Thailand: 50 bedrooms, 1987 sq.m., № 119826

Property description

3-storey dormitory with coffee shop in front, near Chiang Rai Rajabhat University, only 1 km. from Gate 1 (main entrance of the university). Suitable for long-term investment, all rooms are fully rented.

Total land area 1 Rai 31.7 Square wah.

3-storey dormitory building:
• 50 rooms for rent, divided into 10 large rooms of 36 sq.m. and 40 standard rooms of 18 sq.m. All rooms have air conditioning, complete furniture and electrical appliances, bed, wardrobe, refrigerator, TV, water heater, etc.

• Housekeeper’s bedroom
• Coin-operated washing machine and dryer area
• Storage room
• Owner's bedroom
• Office room
• 2-storey coffee shop/restaurant, currently has long-term tenants, for rent with equipment, appliances and furniture, usable area 100 sq.m. and separate toilet.
• 3-phase electricity system and underground water system with 4 large water tanks and water filter.
• Parking space for 15 cars and 30-40 motorcycles.

1 kitchen building

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Parameters	Chiang Rai
Rent Per Month
Apartment (1 bedroom) in City Centre	฿ 8 666.67
Apartment (1 bedroom) Outside of Centre	฿ 8 375.00
Apartment (3 bedrooms) in City Centre	฿ 24 666.67
Apartment (3 bedrooms) Outside of Centre	฿ 16 000.00
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre	฿ 64 583.46
Price per Square Meter to Buy Apartment Outside of Centre	฿ 32 291.73

Parameters	Chiang Rai
Crime Index	12.40
Traffic Commute Time Index	12.33
Restaurant Price Index	16.73
Property Price to Income Ratio	16.70
Climate Index	80.77
Safety Index	87.60
Traffic CO₂ Index	906.67
Traffic Inefficiency Index	10.65
Rent Index	8.34
Health Care Index	60.98
Traffic Index	49.22
Groceries Index	49.65
Pollution Index	74.68

Parameters	Chiang Rai
Restaurants
Meal, Inexpensive Restaurant	฿ 62.50
Meal for 2 People, Mid-range Restaurant, Three-course	฿ 500.00
McMeal at McDonalds (or Equivalent Combo Meal)	฿ 200.00
Domestic Beer (0.5 liter draught)	฿ 60.00
Imported Beer (0.33 liter bottle)	฿ 120.00
Coke/Pepsi (0.33 liter bottle)	฿ 19.00
Water (0.33 liter bottle)	฿ 9.40
Cappuccino (regular)	฿ 47.00
Markets
Milk (regular), (1 liter)	฿ 53.45
Loaf of Fresh White Bread (500g)	฿ 49.31
Eggs (regular) (12)	฿ 62.50
Local Cheese (1kg)	฿ 495.25
Water (1.5 liter bottle)	฿ 16.77
Bottle of Wine (Mid-Range)	฿ 525.00
Domestic Beer (0.5 liter bottle)	฿ 58.92
Imported Beer (0.33 liter bottle)	฿ 109.29
Cigarettes 20 Pack (Marlboro)	฿ 120.00
Apples (1kg)	฿ 83.63
Chicken Fillets (1kg)	฿ 99.09
Oranges (1kg)	฿ 44.38
Potato (1kg)	฿ 45.00
Lettuce (1 head)	฿ 20.00
Rice (white), (1kg)	฿ 38.33
Tomato (1kg)	฿ 30.00
Banana (1kg)	฿ 33.33
Onion (1kg)	฿ 36.67
Beef Round (1kg) (or Equivalent Back Leg Red Meat)	฿ 335.11
Transportation
One-way Ticket (Local Transport)	฿ 25.00
Monthly Pass (Regular Price)	฿ 750.00
Gasoline (1 liter)	฿ 40.82
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	฿ 660 000.00
Taxi Start (Normal Tariff)	฿ 42.50
Taxi 1km (Normal Tariff)	฿ 42.50
Taxi 1hour Waiting (Normal Tariff)	฿ 260.00
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	฿ 1 608.10
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	฿ 499.83
	฿ 455.95
Salaries And Financing
Average Monthly Net Salary (After Tax)	฿ 14 500.00
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	5.00
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult	฿ 1 200.00
Tennis Court Rent (1 Hour on Weekend)	฿ 200.00
Cinema, International Release, 1 Seat	฿ 120.00
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)	฿ 1 916.67
1 Summer Dress in a Chain Store (Zara, H&M, ...)	฿ 925.00
1 Pair of Nike Running Shoes (Mid-Range)	฿ 2 350.00
1 Pair of Men Leather Business Shoes	฿ 2 250.00
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	฿ 9 888.89
International Primary School, Yearly for 1 Child	฿ 250 000.00

Commercial property in Chiang Rai, Thailand 1987 sq.m. № 119826

Property description

Features

Indoor facilities