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Investors Dream – Wellness Center And Foundation For Sale Or Lease
  • 44,000,000 THB
  • 250,000 THB/Month

Description

Great Investment opportunity in the booming area of Nam Phrae, Hang Don in Chiang Mai.

Key Features

  • 6 Rai, 1 Ngan, 47 Sq.wah (6–1–47) (2,547 Sq.wah)
  • 3-phase electricity supply
  • Large water supply
  • Across the existing 5 residential structures there are 12 bedrooms (5 have wheel chair access), 5 kitchens, 15 bathrooms.
  • Large warehouse/workshop with accommodation for workers
  • Health and Wellness License (covers drug and alcohol rehabilitation, mental health, aged care, and retreat services)
  • Additional Pre-Approved Building Plans for property development of a two story apartment and a restaurant on empty parts of the land at the front which can be can be updated by an investor. Additionally a local retired government engineer available to supervise construction:

Investment and Business Potential:

  • The owner is open to selling or long-term leasing due to health issues.
  • The property is a prime investment opportunity with pre-approved building plans, making it ideal for development.
  • The owner’s foundation, which covers various health and wellness services, is included in the sale or lease and can assist in obtaining government funding and employing overseas workers.
  • The owner has strong connections with local government officials, police, and immigration, providing significant support for business operations.

Sale Terms:

  • Price: 44 M THB (Discounted from 48 M)
  • Deposit: 10% (cash sale or on financing terms)
  • Financing Terms: 3% interest on the remaining balance for 3 years. Interest only monthly payments for 3 years!. For example, 4.4 M THB deposit and 3% on remaining 39.6 M THB with monthly interest only payments at 99k THB for 3 years. After initial 3 years, final remaining balance payment to be made or option to renew again for another 3 years if necessary.
  • Land Transfer Costs: 50/50 shared between buyer and seller once final payment has been made.

OR

Lease Terms:

  • Rent: 250,000 THB/ month
  • Security Deposit: 1 M THB
  • Advance Payment: 2 months rent
  • Minimum Lease Period: 3 years
  • Lease Registration: Option to register lease at the Land Office for contract security, with lease registration costs shared 50/50

Additional Terms:

  • The government foundation is included only with the sale of the property but can be discussed with lessees if necessary.

Contact us for a viewing!

Details

  • Property ID PC-HD010
  • Price 44,000,000 THB
  • Property Size 850 Sq.m
  • Land Area 10188 Sq.m
  • Bedrooms 12
  • Bathrooms 15
  • Property Status For Sale
  • Transfer Fees 50/50
  • Land Deed Type Chanote (Nor Sor 4 Jor) - Full freehold title with surveyed GPS boundaries; all transactions allowed.
  • Land Size (Sq.Wah) 2547
  • Land Size (Rai-Ngan-Wah) 6-1-47
  • Land Size (Rai decimal) 6.37

Features

OTHER:
Other Features

Video

  • Address: T. Nam Phrae, A. Hang Dong, Chiang Mai, Thailand
  • City: Chiang Mai
  • Area: Nam Phrae, Hang Dong

Contact Information

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Properties ChiangMai Co. Ltd.

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Property details and availability may be subject to change without notice.