This is the definitive value-add opportunity for a savvy hotelier or investor in Chiang Mai. Seize a fully licensed, 24-room hotel on an irreplaceable corner directly opposite the historic Old City moat. While currently operational, the property's true potential is waiting to be unlocked. Its fair condition and dated aesthetic are precisely why it is offered at a significantly reduced asking price. This creates a clear and compelling path for an investor to acquire a prime asset, execute a strategic renovation, and create a premier boutique destination with substantial returns.
Nestled in the vibrant Chang Moi district, this hotel serves as a bridge between ancient culture and modern energy. Guests are just steps from the bustling Warorot Market (Chiang Mai’s Chinatown) and a growing scene of trendy cafes, artisan shops, and authentic eateries. This lively, walkable neighborhood offers a genuine Chiang Mai experience that high-value travelers actively seek.
Your guests will enjoy effortless access to the best of Chiang Mai. The city’s most treasured temples and the iconic Tha Phae Gate area short stroll away. Key destinations like the Nimmanhaemin district (10-15mins) and Chiang Mai International Airport (15-20 mins) are easily reached, offering ultimate convenience. This prime accessibility makes it the perfect, frictionless base for any visitor's itinerary post-renovation.
This property is perfectly suited for the experienced hotel investor, operator, or private fund with the capital and vision to execute are positioning strategy. The investment thesis is clear: acquire the asset at an attractive price, invest in a modern renovation, and capitalize on the premier location to drive higher rates and returns.
This is more than a property; it's a blueprint for success in one of Southeast Asia's most dynamic markets.
Ready to discuss the vision for this strategic asset? Schedule a private consultation today and let's explore how to make this flagship property your own.