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.