4 Star Modern Hotel with hotel license for Sale in Nimmanhaemin, Chiangmai, Thailand. ฿198,000,000

HT1000

4 Star Modern Hotel with hotel license for Sale in Nimmanhaemin, Chiangmai, Thailand.

Stars: 4 Star
Room size: 25-35 Sq.m
Rate: 2.500 - 2,500 Thai Baht
Usable Size:  2,400 Sq.m.
Land Size: 480 Sq.m.
Location:  Nimmanhaemin

Financial Analysts
Price: 250 Million Thai Baht ( 7.15 Million $)
Average room rate: 1,500 THB/Room
GOP: 11-15 Ml THB/Year (2013-2016)
Occupancy : 69.93%(2013), 82.53%(2014), 79.43%(2015), 78.89%(2016)
Property value increase:  15% ++/ Year
ROI:  6-7%

Paul Chuenchai

“This Hotel is very very good for long term investment and good for start up the business hotel in Thailand”

Remark:
Prospective Buyer shall be signed Signed LOI & Prove Of Fund before meeting with Owner. This case is confidential.

This Property for sale or rent is in area of  
Chiangmai Map zone 10: Nimmahaemin&Suan Dok
Maharaj Nakorn Chiangmai Hospital
Central Kad Saun Keaw, Chiangmai, Thailand.
Chiangmai Orchid Hotel
Chiang Mai Univercity Meeting Hall
Chiangmai Ram Hospital
Amari Rincome Hotel
Kantary terrace/ tel.053-222-111 / www.kantaryterrace.com

If you are interested in this property, do not hesitate to contact us to arrange a viewing or request further information.