Commercial property in Chiang Mai, Thailand 4232 sq.m. № 83792
23
ID83792
฿ 85 000 000
- THB ฿
- USD $
- EUR €
- RUB ₽
- GBP £
Property description
Highly rated and fully booked this 128 room dormitory/apartment complex is near Mae Jo University in Nong Han, San Sai. Designed by expert architects the building offers both functionality and the aesthetic style of a resort hotel.A few highlights:
- Common areas to sit and relax
- Café catering to the local residents and other students in the area.
- The atmosphere is peaceful with tree arrangements and greenery offering an oasis of shade and tranquility
- So popular there is a booking que!
The complex consists of 3 main building and two houses for a total of 128 rooms for rent (not including 1 house):
- Building 1 - 4 floors - 58 rooms. - Larger than normal dormitory rooms, designed more like condo rooms. Sunrise views of Doi Suthep. Interested residents usually have to get on a booking que for this building as the price for the atmosphere is unbeatable in the area.
- Building 2 - 4 floors - 36 rooms (27.3 Sq.m) + 1 suite (70) + 1 café and koi pond - Coin operated washing machines and drinking water dispensers in a common area.
- Building 3 - 2 floors - 28 rooms
- Single Story building - 4 rooms - For employees or students to rent.
- House - 3 bedrooms, 3 bathrooms, 1 living room, 1 office
There is approximately 88 M. THB in asset value alone (land and building costs). After over 20 years developing this business the owner wants to retire. This a turn key business making approx 450k Baht in profit every month after expenses (0ver 500k in revenue). This is a great value for money as the asking price is below asset costs and the owner is not asking for any multiple of yearly revenue (ie. essentially giving the business away and just selling the assets).
Contact us for a viewing and to find out more details about this great opportunity!
Chiang Mai - Statistics
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Parameters | Chiang Mai |
---|---|
Rent Per Month | |
Apartment (1 bedroom) in City Centre | ฿ 14 100.00 |
Apartment (1 bedroom) Outside of Centre | ฿ 8 323.53 |
Apartment (3 bedrooms) in City Centre | ฿ 25 750.00 |
Apartment (3 bedrooms) Outside of Centre | ฿ 15 000.00 |
Buy Apartment Price | |
Price per Square Meter to Buy Apartment in City Centre | ฿ 73 750.00 |
Price per Square Meter to Buy Apartment Outside of Centre | ฿ 50 750.00 |
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Parameters | Chiang Mai |
---|---|
Crime Index | 22.11 |
Cost of Living and Rent Index | 19.89 |
Purchasing Power Index | 44.40 |
Property Price to Income Ratio | 16.47 |
Safety Index | 77.89 |
Traffic CO₂ Index | 5236.00 |
Traffic Inefficiency Index | 94.20 |
Rent Index | 8.02 |
Health Care Index | 84.77 |
Groceries Index | 40.64 |
Pollution Index | 77.79 |
Traffic Commute Time Index | 24.92 |
Restaurant Price Index | 14.53 |
Climate Index | 75.93 |
Cost of Living Index | 31.48 |
Quality of Life Index | 131.98 |
Traffic Index | 111.98 |
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Parameters | Chiang 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) | ฿ 210.00 |
Domestic Beer (0.5 liter draught) | ฿ 80.00 |
Imported Beer (0.33 liter bottle) | ฿ 120.00 |
Coke/Pepsi (0.33 liter bottle) | ฿ 20.38 |
Water (0.33 liter bottle) | ฿ 11.78 |
Cappuccino (regular) | ฿ 58.75 |
Markets | |
Milk (regular), (1 liter) | ฿ 56.56 |
Loaf of Fresh White Bread (500g) | ฿ 47.92 |
Eggs (regular) (12) | ฿ 70.89 |
Local Cheese (1kg) | ฿ 600.00 |
Water (1.5 liter bottle) | ฿ 18.25 |
Bottle of Wine (Mid-Range) | ฿ 525.00 |
Domestic Beer (0.5 liter bottle) | ฿ 62.77 |
Imported Beer (0.33 liter bottle) | ฿ 116.11 |
Cigarettes 20 Pack (Marlboro) | ฿ 140.00 |
Apples (1kg) | ฿ 89.75 |
Chicken Fillets (1kg) | ฿ 87.85 |
Oranges (1kg) | ฿ 53.57 |
Potato (1kg) | ฿ 48.75 |
Lettuce (1 head) | ฿ 28.57 |
Rice (white), (1kg) | ฿ 40.44 |
Tomato (1kg) | ฿ 51.25 |
Banana (1kg) | ฿ 40.83 |
Onion (1kg) | ฿ 40.71 |
Beef Round (1kg) (or Equivalent Back Leg Red Meat) | ฿ 422.89 |
Transportation | |
One-way Ticket (Local Transport) | ฿ 30.00 |
Monthly Pass (Regular Price) | ฿ 800.00 |
Gasoline (1 liter) | ฿ 41.09 |
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | ฿ 725 000.00 |
Taxi Start (Normal Tariff) | ฿ 40.00 |
Taxi 1km (Normal Tariff) | ฿ 45.00 |
Taxi 1hour Waiting (Normal Tariff) | ฿ 100.00 |
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | ฿ 802 500.00 |
Utilities (Monthly) | |
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | ฿ 1 932.38 |
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | ฿ 673.29 |
฿ 457.92 | |
Salaries And Financing | |
Average Monthly Net Salary (After Tax) | ฿ 18 900.00 |
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.13 |
Sports And Leisure | |
Fitness Club, Monthly Fee for 1 Adult | ฿ 1 289.11 |
Tennis Court Rent (1 Hour on Weekend) | ฿ 233.33 |
Cinema, International Release, 1 Seat | ฿ 200.00 |
Clothing And Shoes | |
1 Pair of Jeans (Levis 501 Or Similar) | ฿ 1 800.00 |
1 Summer Dress in a Chain Store (Zara, H&M, ...) | ฿ 1 058.33 |
1 Pair of Nike Running Shoes (Mid-Range) | ฿ 3 000.00 |
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 | ฿ 390 500.00 |
Data are provided by Numbeo.com and are based on its users survey. Thailand-real.estate can not guarantee the validity of these data.
Contact the seller
CityChiang Mai
TypeCommercial property
Bedrooms128
Living space4232 m²
- m²
- sq. ft
Price
- Price
- per m²
฿ 85 000 000
- THB ฿
- USD $
- EUR €
- RUB ₽
- GBP £
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