(UPDATE! The asking price has been reduced from 8,000,000 baht to 7,500,000 baht). This Riverfront Guesthouse has become available for freehold acquisition in Pai, near Chiang Mai. The building is virtually new and features 12 guestrooms and total floor space of 800 square metres. Also measuring 200 square wah (800 square metres), the land on which the property sits was valued at 10,000 baht per square wah (2,000,000 baht in total) in 2005 by a Bangkok based land appraiser. The serene setting is perfect for attracting tourists looking for a peaceful getaway, and the business can begin operating as soon as one or two employees are recruited.

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