5-Star Hotel for Sale in The Most Prime Area of Chiang Mai Old City

  • 190,000,000 THB
Nimmanhaemin, Suthep, Mueang Chiang Mai, Chiang Mai
For Sale Fully Furnished

5-Star Hotel for Sale in The Most Prime Area of Chiang Mai Old City

Nimmanhaemin, Suthep, Mueang Chiang Mai, Chiang Mai
  • 190,000,000 THB

Overview

Property ID: IRE-IRECPS005
  • COMMERCIAL
  • Property Type
  • 31
  • Bedrooms
  • 31
  • Bathrooms
  • 4500
  • Sq.m
  • 655
  • Lot Sqw

Description

5-Star Hotel for Sale in The Most Prime Area of Chiang Mai Old City

Discover a unique investment opportunity with this hotel venture seamlessly blending Renaissance and Lanna aesthetics, strategically situated in the historic heart of Chiang Mai’s Old City. Explore this extraordinary masterpiece today on a viewing with – Chiang Mai’s Leading Real Estate Agency.

Sale Price: ฿190,000,000 (Freehold)

Key Details:

  • Room Rates: ฿3,000 to ฿10,000 per night
  • Gold House: ฿50,000 per night
  • Monthly Income: Approx. ฿2 Million
  • Land Size: 655 Sq.Wah
  • Usable Area: 4,500 Sqm
  • Unique Blend of Renaissance Architecture and Lanna Style
  • 5 Distinctive Buildings with a Total of 31 Rooms
  • Floors: 3
  • Licenses: Hotel Operations, Alcoholic Beverages, and Tobacco
  • Foreigner-Focused Customer Base (Approx. 99%)
  • Year-Round Occupancy Rate: 85%
    • Investment Opportunity:

      • Strong Foreign Visitor Customer Base
      • Ultimate Wedding Venue
      • Unique and One-of-a-kind Styling
      • Absolute Prime Location
      • Full Disclosure on Client Numbers and Balance Sheet
  • City Chiang Mai
  • Area Nimmanhaemin, Suthep, Mueang Chiang Mai

Details

  • Property ID: IRE-IRECPS005
  • Price: 190,000,000 THB
  • Property Size: 4500 Sq.m
  • Land Area: 655 Sqw
  • Bedrooms: 31
  • Bathrooms: 31
  • Property Status: For Sale

Contact Information

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Properties ChiangMai Co. Ltd.

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