Lotus Hotel & Lotus Mansion, Chiang Mai
Viengbua road, Chang Phuak, Muang Chiang Mai, Chiang Mai
฿140,000,000
Baht
2,907
sqm (floor)
฿ 48,160
/ sqm (floor)
Property details
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About this property
Legendary Lotus Hotel with Vintage Value
A Hotel and Mansion connected together Buildings are connected but entrances are separate; along with a land next (attached) to them in the heart of the city of Chiang mai in the Changpheuak sub-district along the popular Viengbua road and within the superhighway. A business district zone that is very busy all year long with many restaurants, markets, night life, cafes, banks, university etc…
Lotus Hotel:
26 rooms (some are suites), Lobby, Kitchen, Dining room, Gym, Storage room, Salt water pool, Pool Bar, covered parking for 10 cars and motorcycles parking, Garden, Outdoor toilets and shower (for the pool and outdoor bar usage).
Lotus Mansion:
+ 22 rooms all with their own private bathrooms. Some rooms have AC, all have fans, furnished and hot water.
+ Furnished apartments:
+ - Studio : 4 studios
+ - One bedroom: 2 units
+ - Two bedrooms: 2 units
+ Shops: 6 (one of the six has 2 floors and is larger than the others)
+ Covered roof area used as storage.
+ Large roof top water tank.
Various information:
+ Total Land area: 386 wa2
+ The hotel has been going through a total renovation for the last 2 years
+ The price requested is 140,000,000 baht (one hundred and forty million Baht)
+ The hotel has a license
+ The price is based on value of real estate and not on potential business income
+ The business is under the name of 2 companies. So the transfer fee can be saved
+ The 2 companies have zero liabilities and all taxes paid on time and as per Thai law.
Total land area: 386 wa2
Price: ฿ 1***** ( $ 3 990 000 )
Transferring fees: 50/50 between the seller and the buyer.
Lotus Hotel:
26 rooms (some are suites), Lobby, Kitchen, Dining room, Gym, Storage room, Salt water pool, Pool Bar, covered parking for 10 cars and motorcycles parking, Garden, Outdoor toilets and shower (for the pool and outdoor bar usage).
Lotus Mansion:
+ 22 rooms all with their own private bathrooms. Some rooms have AC, all have fans, furnished and hot water.
+ Furnished apartments:
+ - Studio : 4 studios
+ - One bedroom: 2 units
+ - Two bedrooms: 2 units
+ Shops: 6 (one of the six has 2 floors and is larger than the others)
+ Covered roof area used as storage.
+ Large roof top water tank.
Various information:
+ Total Land area: 386 wa2
+ The hotel has been going through a total renovation for the last 2 years
+ The price requested is 140,000,000 baht (one hundred and forty million Baht)
+ The hotel has a license
+ The price is based on value of real estate and not on potential business income
+ The business is under the name of 2 companies. So the transfer fee can be saved
+ The 2 companies have zero liabilities and all taxes paid on time and as per Thai law.
Total land area: 386 wa2
Price: ฿ 1***** ( $ 3 990 000 )
Transferring fees: 50/50 between the seller and the buyer.
Amenities
24-hour access
Air-conditioning
Audio system
Bed
Estimated mortgage
Mortgage breakdown
Est. monthly repayment
฿ 0 / mo
฿ 0 Principal
฿ 0 Interest
Upfront costs
Total downpayment
฿ 0
Downpayment
฿ 0 Loan amount at 0% Loan-to-value
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FAQs
The sale price of this unit at Lotus Hotel & Lotus Mansion is ฿140,000,000.
Current PSM at Lotus Hotel & Lotus Mansion is about ฿48,160 / sqm.
The estimated loan repayment is ฿ 413,171 / mo.
Lotus Hotel & Lotus Mansion is located at Viengbua road, Chang Phuak, Muang Chiang Mai, Chiang Mai Chang Phuak Muang Chiang Mai Chiang Mai.
Floor size of this unit at Lotus Hotel & Lotus Mansion is 2,907 sqm.
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