This Serviced Apartment Block is located five minutes from Chiang Mai airport, on 236 square wah (944 square metres) of tranquil land. The building has four storeys containing 48 air-conditioned and fully furnished rooms, with cable television in each. Offering monthly rates of 3,000 baht and daily rates of 400 baht, the one month old building has already made 160,000 baht in receipts from the first month of trade, and it is expected that overheads will be very low; there is no rent to pay as this is a freehold offering, and the payroll only totals 15,000 baht per month for three full time employees.

Posted Jan 26, 2011

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