Investors Dream - Wellness Center And Foundation For Sale Or Lease

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.

Contact us for a viewing!