hotel for sale on Prime Area @Santitham,center of Chiang Mai

Operating 114-Key Hotel for Sale – Prime Santitham, Chiang Mai

Income-Generating Asset with Strong Repositioning Potential

An established mid-scale hotel located in Santitham, one of Chiang Mai’s most active urban districts.

- 114 keys

- Approx. 5,000 SQ.M. usable area

- Land size: 549 Sq.Wah

- Large on-site parking

- Fully licensed and currently operating

- Existing Thai and international customer base

Strategic Location Advantage

- Santitham is a high-demand urban neighborhood near Nimmanhaemin and the Old City.

- Surrounded by restaurants, cafés, residential communities, and lifestyle amenities.

Strong appeal to:

- Digital nomads

- Long-stay travelers

- Urban leisure visitors

- Budget-to-midscale international tourists

Investment Highlights

- Operating business with existing revenue

- Rare 100+ key hotel in central urban location

- Large building scale (5,000 SQ.M.)

- Parking capacity – competitive advantage

- Prime city land ownership

Value-Add Potential

- Renovation & ADR uplift

- Brand repositioning

- Lifestyle or boutique transformation

- Hybrid short/long-stay model

- Rooftop or F&B enhancement

- Co-living or digital nomad positioning

Ideal for:

- Hotel operators

- Asset repositioning funds

- Private equity

- Family offices

- Boutique hospitality brands

Asking Price: THB 170,000,000

Acquire cashflow today.

Unlock asset value tomorrow.

For viewing and more information:

Tel: +66 63-792-6242

Line: Natthaponk22

Rocket Property

Chiang Mai Real Estate Specialist