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About this hotel

This property is a 4,500 m² hotel with 31 bed and 31 bathrooms that is available for sale. It is located in Mueang Chiang Mai, Chiang Mai. You can buy this hotel for a base price of USD5,141,806 (USD1,142/m²).

31 bed 31 bathrooms 4,500 m²
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 Issara Real Estate - Chiang Mai's Leading Real Estate Agency.

Sale Price: ฿190,000,000

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
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

Explore this one-of-a-kind hotel opportunity with Renaissance and Lanna influences, strategically located in Chiang Mai's revered Old City. Contact us now for a full property presentation!

Contact Us Now to Schedule a Viewing!

Sales
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Features & Amenities
  • Air conditioning Air conditioning
  • Alarm Alarm
  • Car park Car park
  • Cellar Cellar
  • Water tank
  • Children area Children area
  • Concierge Concierge
  • Access for people with disabilities Access for people with disabilities
  • Garden Garden
  • Grill Grill
  • Gym Gym
  • Library Library
  • Security Security
  • Swimming pool Swimming pool
  • Tennis court Tennis court
  • Fully furnished Fully furnished
Basic Information
  • Date Listed Jan 29, 2024
  • Updated Feb 07, 2024
  • Property Type Resort
  • Floor 3
  • Bedrooms 31
  • Size 4,500 m²
  • Price per SqM USD1,142/m²
  • Furnished Fully furnished
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