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Beautiful, worthwhile, quiet Empty land divided into 3 plots, filled in and ready for planting, water and electricity available, view of mountains and rice fields Size of each plot 93.8–93.9 sq m. Approximate width-depth 13.85 x 27.52 m. The price per plot is 599,000 baht, calculated as the price per square wa. Around 6,380–6,390 baht Estimated price/rai around 2.55 million baht If all together 3 plots ~0.70 rai, suitable for planning a small project Location: Ban San Sali, Pa O Don Chai Subdistrict, Mueang District, Chiang Rai Province 57000 Transportation: Enter through Wat Rong Khun. Convenient access to the main road and the city, near Central Chiang Rai ~9.6 km., near Wat Rong Khun. Who is it suitable for • People looking for a place to plant a suan house that is quiet but not too far from the city • A family that wants to have a single house on already filled-in land, a beautiful plot, easy to take care of • Investors: Buy 1–3 plots to make rental rooms/small pool villas. Or a boutique homestay What can be developed • Residential house with a backyard. Mountain view – Narobwan • One-story/two-story rooms for rent. or 2–3 pool villas if you buy all 3 plots • Small warehouse + worker accommodation for people doing business in the city Example of return (In the case of renting out) • If you set a target of 5% per year, only the land value is 599,000 baht/plot, you should make a minimum income of ~29,950 baht/year/plot (not including construction costs - decoration costs - management costs) • When including real buildings The rent – occupancy rate should be designed to achieve an overall return of ≥5% per year Highlights • Land filled and ready for immediate use. Save time and costs on site preparation View of mountains and rice fields Hard to find near a famous landmark like Wat Rong Khun • Easy entry into the city. Close to shopping centers and amenities• Rectangular plot Lay out house/rental unit designs in an orderly manner Straightforward observations • Width approximately 13.85 m. It may be necessary to choose a house design with appropriate proportions • The actual return of the rental project depends on construction costs, marketing and occupancy rates • Fees/taxes/building permits should be planned in advance Brief summary The land is already filled in and ready to plant, good view, close to landmarks-malls, easy travel, suitable for both building to live in and starting a small rental business. If you buy all 3 plots, its even more suitable to design it as a small community .
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