Hotel in Chiang Mai, Thailand 4500 sq.m. № 88407

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Hotel in Chiang Mai, Thailand 4500 sq.m. № 88407
ID88407 ฿ 280 000 000
  • THB ฿
  • USD $
  • EUR €
  • RUB ₽
  • GBP £

Property description

Hotel For Sale in Chiangmai

Discover a Unique Investment Opportunity in the Heart of Chiang Mai's Old City! This expansive property, spanning 655 square meters, features a collection of five distinct buildings, each with its own architectural charm.

Property Highlights: 5 differents Building 

Lanna-Style Restaurant (3 floors)
Hualin Building with 18 guest rooms (3 floors, elevator included)
White House in Renaissance style (6 guest rooms, lobby)
Pool Villas (6 rooms, 2 floors)
Gold House in Renaissance style (1 grand suite, banquet rooms)
Financials:

Room rates: THB 3,000 to THB 50,000
80% revenue from room bookings
20% additional revenue from other amenities
Average monthly revenue: Over THB 2 million

Don't miss out on this lucrative venture in a prime location!

Features

  • Balcony
  • Air Conditioners
  • Fully furnished
  • Hot tub

Indoor facilities

  • Staff room
  • Garage

Outdoor features

  • CCTV
  • Garden
Chiang Mai - Statistics
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ParametersChiang 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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ParametersChiang Mai
Crime Index22.11
Cost of Living and Rent Index19.89
Purchasing Power Index44.40
Property Price to Income Ratio16.47
Safety Index77.89
Traffic CO₂ Index5236.00
Traffic Inefficiency Index94.20
Rent Index8.02
Health Care Index84.77
Groceries Index40.64
Pollution Index77.79
Traffic Commute Time Index24.92
Restaurant Price Index14.53
Climate Index75.93
Cost of Living Index31.48
Quality of Life Index131.98
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)฿ 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-Rate5.13
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.
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CityChiang Mai
TypeHotel
Bedrooms31
Living space4500 m²
  • sq. ft
Price
  • Price
  • per m²
฿ 280 000 000
  • THB ฿
  • USD $
  • EUR €
  • RUB ₽
  • GBP £