Unfinished Hotel Project For Sale

  • ฿70,000,000
  • Hotel, Business
  • Property Type
  • 25
  • Bedrooms
  • 25
  • Bathrooms
  • 1
  • Garage

Description

This is a rare opportunity to acquire an unfinished hotel project for sale in one of Chiang Mai’s most sought-after areas — Nimman. With construction already 70% complete and over THB 25 million invested, this project is ideal for investors ready to capitalize on a high-demand hospitality location.

📍 Property Highlights:

  • Land Size: 154 sq. wah
    • Located in an orange zoning area, suitable for commercial development
    • Official Land Department appraisal: THB 100,000 per sq. wah
    • Market value: approx. THB 300,000 per sq. wah
    • Estimated land value alone: nearly THB 50 million
  • Usable Area: 1,005 square meters
  • Building Design:
    • 3 floors
    • 25 guest rooms
    • Includes a swimming pool
    • Built according to approved architectural plans
    • Construction permit in place
  • Hotel License: Application has been submitted

🛠️ Construction Progress:

  • Approx. 70% completed
  • Over THB 25 million already invested
  • Structural work and major systems in place

🌟 Location Advantages:

  • Just 350 meters from One Nimman
  • Close proximity to Maya Lifestyle Mall
  • High-traffic, tourist-friendly area with strong rental demand

📈 Investment Potential Hotel Project for Sale:

This property offers exceptional potential for capital gain and income generation. With approvals in place, a nearly completed structure, and a prime location, this is an ideal opportunity to complete and launch a high-performing hotel in Chiang Mai’s most vibrant district.

📞 Serious inquiries only. Contact us today for more details or to schedule a viewing.

Address

  • State/county Chiang Mai

Details

Updated on April 16, 2025 at 6:17 am
  • Property ID: 19770
  • Price: ฿70,000,000
  • Land Area: 154 Sq.wah
  • Bedrooms: 25
  • Rooms: 25
  • Bathrooms: 25
  • Garage: 1
  • Property Type: Hotel, Business
  • Property Status: For Sale, New Costruction

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