Extremely Rare 1-Rai Investment Portfolio in Chiang Mai Old City (Inner Moat)
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5677626
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Muang Chiang Mai Chiang Mai -
Listing Detail
Extremely Rare 1-Rai Investment Portfolio in Chiang Mai Old City (Inner Moat)
Price: 100 Million THB Land Size: 1 Rai (approx. 1,600 sq.m) Transfer Fees: Split 50/50 between Buyer and Seller
Secure a Massive 1-Rai Land Parcel and a Portfolio of 115+ Units in Chiang Mai's Most Coveted Area!
This is an unparalleled opportunity to acquire a substantial land asset in the highly restricted inner moat area, currently generating an enormous and stable monthly income stream.
Massive Scale & Income: The complex currently generates a gross rental income of 4xx,xxx THB per month from its comprehensive unit mix.
Property Portfolio Components: The 1-Rai land parcel includes 3 purpose-built dormitory/apartment buildings + 1 separate house:
Building 1: 30 Residential Units + 6 Commercial/Retail Units (Total 36 units).
Building 2: 40 Residential Units.
Building 3: 39 Residential Units.
Total Residential Units: 115 Units.
Rental Income Breakdown (Monthly):
42 Air-Conditioned Rooms: 3,500 THB per room.
67 Fan Rooms: 3,000 THB per room.
6 Commercial/Retail Shops (Frontage): Total rental income of 70,000 THB (with potential to convert to high-yield daily rentals).
Strategic Land Value: A 1-Rai plot in the inner Old City is exceptionally rare, offering huge long-term capital appreciation and potential for future luxury redevelopment.
Location: Inner Moat Area (Khu Muang), Chiang Mai. This asset is a dominant investment offering both robust immediate cash flow and unmatched strategic land value.
Listing Information
- 100,000,000
- 3 fl.
- 115 rooms
- 400 sq.wa.
To protect yourself from potential scams!
We strongly advise not transferring money before actually viewing the room or formalizing a contract.
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