This profitable Boutique Hotel was established in Chiang Mai 15 years ago, but the owner has recently decided that he would like to try something different. The 70 room building is currently undergoing refurbishment, and the owner is willing to assist in this project. Situated in the heart of the city, on one rai (1,600 square metres) of land, the hotel is realising annual net profits of 2,800,000 baht from receipts of 8,000,000 baht.

Posted Jan 26, 2011

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