1016001 Prime Hotel with Garden Bar Close to Chiang Mai Centre - Freehold

฿ 92,000,000

Chiang Mai

Posted 6 days ago
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Prime Hotel with Garden Bar Close to Chiang Mai Centre - Freehold

Listing No. 066-10-16-001

 

  • Business:  Hotel
  • Location:  Chang Phrueak, Chiang Mai, Thailand
  • Features:  This central property is a fantastic opportunity for developing a business in Chiang Mai. The hotel is partly a beautifully appointed boutique hotel with 14 rooms (3 more can be renovated) along with a lovely garden bar and restaurant, and partly a 55 room student hostel along with 11 retail shops.

The hotel was placed under a long term (3+3+3) management contract in late 2018 ensuring guaranteed monthly stable income with no pressure on the new owner to operate the hotel business itself. This contract is fixed and stable, but may be terminated (if required) following a penalty payment. The student hostel is a part of the same building, but not visible or accessible to hotel guests. 

  • Tenure:  Business for Sale (Freehold Property)
  • Asking Price:  THB 92,000,000

Property Details

฿ 92,000,000

Available as from 29 July 2020

Please contact Asian Business Brokers

Chang Prueak, Chiang Mai, Thailand, Chiang Mai, Thailand

View Phone number

1548 m2 Interior Surface

Location Chang Prueak, Chiang Mai, Thailand, Chiang Mai, Thailand View map

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