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Investors Dream - Wellness Center And Foundation For Sale Or Lease

Chiang Mai, Hang Dong, Nam Phrae
Sale: ฿ 44,000,000
Commercial for sale in Nam Phrae, Chiang Mai
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Listing ID: PC-HD010

Commercial for sale in Nam Phrae, Chiang Mai

Great Investment opportunity in the booming area of Nam Phrae, Hang Don in Chiang Mai.Key Features
6 Rai, 1 Ngan, 47 Sq.wah (6–1–47) (2,547 Sq.wah)
3-phase electricity supply
Large water supply
Across the existing 5 residential structures there are 12 bedrooms (5 have wheel chair access), 5 kitchens, 15 bathrooms.
Large warehouse/workshop with accommodation for workers
Health and Wellness License (covers drug and alcohol rehabilitation, mental health, aged care, and retreat services)
Additional Pre-Approved Building Plans for property development of a two story apartment and a restaurant on empty parts of the land at the front which can be updated by an investor. Additionally a local retired government engineer available to supervise construction:
Investment and Business Potential:
The owner is open to selling or long-term leasing due to health issues.
The property is a prime investment opportunity with pre-approved building plans, making it ideal for development.
The owner’s foundation, which covers various health and wellness services, is included in the sale or lease and can assist in obtaining government funding and employing overseas workers.
The owner has strong connections with local government officials, police, and immigration, providing significant support for business operations.
Sale Terms:
Deposit: 10% (cash sale or on financing terms)
Financing Terms: 3% interest on the remaining balance for 3 years. Interest only monthly payments for 3 years!. For example, 4.4 M THB deposit and 3% on remaining 39.6 M THB with monthly interest only payments at 99k THB for 3 years. After initial 3 years, final remaining balance payment to be made or option to renew again for another 3 years if necessary.
Land Transfer Costs: 50/50 shared between buyer and seller once final payment has been made.
OR
Lease Terms:
Security Deposit: 1 M THB
Advance Payment: 2 months rent
Minimum Lease Period: 3 years
Lease Registration: Option to register lease at the Land Office for contract security, with lease registration costs shared 50/50
Additional Terms:
The government foundation is included only with the sale of the property but can be discussed with lessees if necessary.
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Chiang Mai, Hang Dong, Nam Phrae
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