This is a rare opportunity to acquire a unique, multi-faceted health and wellness asset in Hang Dong, Chiang Mai’s most desirable district.
The core offering for 44M THB combines five residential structures on an expansive 5-Rai plot, an exceptionally rare commercial license, and an established legal foundation, offering a powerful head start for sophisticated investors, developers, or healthcare operators. The buildings were constructed to a high standard and have been maintained in unused, as-new condition, providing a blank canvas for your vision.
Property and Infrastructure Details (The Foundational Asset)
- Type: Commercial Health and Wellness Retreat Center
- Location: Nam Phrae, Hang Dong District, Chiang Mai, Thailand
- Land Size: 5 Rai (approx. 8,000 sqm) with dual front/back access.
- Total Living Area: 1,200 sqm (Appox)
- Structures: 5 residential buildings plus 1 large warehouse/workshop.
- Bedrooms: 12 en-suite bedrooms in total.
- Accessibility: Five of the bedrooms are designed for full wheelchair accessibility, perfectly aligning with the aged care and rehabilitation aspects of the license.
- Bathrooms: 15
- Condition: Ready for Fit-Out. The buildings are partly furnished, allowing a new owner to implement their own design, branding, and operational model from day one.
- Key Infrastructure: 3-phase power, large water supply, dual-access entrances.
The Unmatched Intangibles – License, Foundation and Connections
- The Commercial License: An exceptionally rare and valuable Health and Wellness license covering Aged Care, Assisted Living, Drug and Alcohol Rehabilitation, Mental Health Services, and General Wellness. This creates a significant barrier to entry for competitors.
- The Owners Foundation: Included in the sale, this foundation is an invaluable tool for securing permits, government support, and foreign worker permits.
- Strong Relationships: The buyer will benefit from the current owners strong local government and immigration relationships, providing a significant operational advantage.
Prime Location: The Heart of Hang Dongs Lifestyle CorridorHang Dong is Chiang Mai’s premier lifestyle district, celebrated for its serene, semi-rural ambiance, lush landscapes, and cosmopolitan community of affluent Thais, expatriate families, retirees, and digital nomads.
·Chiang Mai International Airport (CNX): Approx.25-30 min drive (18 km)
·Chiang Mai Old City: Approx. 30-35 min drive (19km)
·Local Conveniences (Hang Dong Town): Approx. 15min drive (10 km)
- Shopping and Daily Needs:
·Kad Farang Village (Rimping Supermarket, Starbucks): Approx. 12-15 min drive (9 km)
·Big C and Makro Hang Dong: Within a similar distance.
- Chiang Mais School Corridor: Exceptionally located near top-tier international schools.
·Panyaden International School: ~8 km
·Lanna International School (Main Campus): ~11 km
·Grace International School: ~12 km
- Lifestyle and Amenities: Surrounded by world-class golf courses (e.g., North Hill), Ob Khan National Park, the Grand Canyon Waterpark, and a famous density of artisan cafes, farm-to-table restaurants, and the Baan Tawai handicraft village.
Investment Details and Exceptional Owner Financing Terms The asking price of 44 M THB reflects the combined value of the prime land, new buildings, and the immense intangible value of the rare license, pre-approved plans, and foundation.
Owner Financing Terms:
To make this high-value asset immediately accessible, the owner is offering uniquely attractive financing:
- Deposit: 30% to 50%
- Financing Term: 3% annual interest-only payments on the remaining balance for 3 years.
- Flexibility: After 3 years, the final balance is due, with an option to renew financing for another 3 years.
- Transfer Costs: Shared 50/50