Khao Yai Condominium and Boutique hotel investment , Nakhon Ratchasima

฿175.330.000
ForSale 4,800SQM 30Baths 30Beds 18+Parking Login
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Khao Yai Condominium and Boutique hotel investment

19 Condominium units with Land and plans to build a small boutique hotel residences with a potential mini ‘vineyard’ organic garden concept and spa / wellness area which uses local / vineyard products for their treatments. Investment is 175,330,000 Thai Baht

The sale includes the Remainder of 19 condo units – Total 1939 SQM of interior space, located within a beautiful quality low rise development, one building with 4 floors and 2nd building has 5 floors, only 27 spacious units.

The Developer owns “Additional” 3 Rai / 4800 sqm adjacent to/ in front of the project for a 3rd building developed as a boutique HOTEL (attached concept drawings – whereby original 19 condo units to be used as the HOTEL’s “RESIDENCES” ( sold as time share / fractional ownership , etc. ) and managed by the HOTEL ( RESIDENCE units added into the hotel ‘key’ count to maximize on operational revenues)

Please see attached potential design proposal of 3rd building (C) , which could be a condo / residences or boutique hotel and if a boutique hotel , could offer “hotel” services to the other two residential buildings and when ‘owners’ are not in their residences , they can be part of the ‘key’ count of the boutique hotel increasing the number of ‘keys’ or rooms to close to 50…

Excellent potential for further development, when looking at the overall potential development extension….as boutique “ HOTEL  / Vineyard RESIDENCES ” with a “WINE BARN / F&B Deli  concept”.

Khao Yai is Pure Clean Living, the development is located in ASOKE valley only 150klms from central Bangkok and the perfect place to relax, chill, enjoy a weekend break away from the city, and enjoy the best of the cool season.

The Condominium units are Completed and ready to move in IMMEDIATELY

Amenities include a roof top pool, tennis court, extensive gardens and a fully equipped gym and sauna.

Only 30 minutes past Saraburi town within the scenic foothills leading to the Khao Yai National Park, nestled in the Asoke Valley, famous for its yellow blossoms and natural landscape.

Enjoying 270 degree views over this beautiful valley area where Gran Monte vineyards and the NATIONAL PARK meet, these breathtaking natural surroundings and clean pure air have inspired this project “Pure Air”.

SEASONS

Not just hot, hotter, Oh My god and Rain, Khao Yai has a cool season, mists, low clouds, dew on the grass, falling leaves.

Despite saying its only great in the winter months Khao Yai is great in the spring, great in the hot season, and really great in the rainy season, when clouds and storm fronts create dramatic skies and color.

GOLF

Khao Yai is on average +225m above sea level and the golf ball flies further…don’t tell anyone but you can actually hit the ball the yards you claim in Khao Yai and the courses are fantastic.

Within 30klms is KHAO YAI GOLF CLUB, (Jack Nicklaus design) RANCHO CHARNVEE, Sir JAMES LODGE, and MOUNTAIN CREEK, (Seve Ballesteros Design) which is 55kms away… Kiri Miya and Bonanza are both within 30 kms so getting a Tee time is never an issue.

NATIONAL PARK / Facts & Figures – UNESCO world heritage site since 2005 / Thailand’s first National Park / World’s 7th best ozone source

Attractions (10 Golf Courses, 5 Vineyards, Khao Yai ART Museum, Dairy Farms / Gardens / Adventure parks , etc…)

CYCLING

Pransuk road which is wonderful route for both road and mountain biking. The rolling terrain is a perfect warm up for the National park climb or just the right length for an easy loop before a dip in our roof top pool. It is part of the annual ChogChai farm Cycling route and event in December, and quite the bike fest on any given Sunday.

There is talk of a dedicated cycling lane on this road as well.

CULTURE

For the more mature or sedentary, KHAO YAI ART MUSEUM in Moosee is a beautiful parkland setting of 20 Rai and sculpture, exhibition galleries and the Art cafe…Owned by a private collector there is a great variety of modern Thai and regional Art and something for all opinions!

The BLOOM is a unique experience with both fresh and dried flowers and beautiful manicured gardens and walks. For color, scents and country garden setting it’s a unique experience.

VINE

Asoke valley has the right mix of soil, temperature, and rain fall to support the new latitude wine movement. PB VALLEY is within 5 klms and has a wonderful setting and traditional restaurant and menu to complement their wines. GRAN MONTE is slightly farther at 9 klms and a more modern Californian feel, the restaurant and store sit within the vineries and have a menu that both light and well matched to their wines and setting.

Amenities

  • Roof Top Garden w/ Relaxation Lounge Area and Sundeck
  • 20m Infinity Edge Lap Pool -1.25m deep
  • In Pool seating and Jacuzzi Jets
  • Separate Children’s Pool
  • Fully Equipped Fitness Room
  • Sauna
  • Tennis court and training wall
  • Covered Car Drop Off
  • 24 Hour Security / CCTV
  • Access Control Card System
  • Roof Top Solar Panels
  • (covering all common area power demands)
  • Laundry / HSKP Service available
  • On Site Management Office
  • Car /Bike Parking

Included in the sale is 19 Condominiums = (9 one bedroom units avg. 82 sqm / 9 two bedroom units  avg. 123 sqm / 1 three bedroom unit 143 sqm)

Appraised 19 condo unit value by land dept – THB 138 M (or THB 71.2 K per sqm)

Proposed investment price THB 149 M  (or THB 76.4 K per sqm) when including :  transfer fees 2% / income tax 1 % / business tax 3 %

One time Sinking Fund for the 19 condo units (THB 500 /sqm) THB 0.93 M ……… and Yearly Common Area Fees (THB 100 /sqm / month) THB 2.33 M

Adjacent “additional” 3 Rai around THB 24 M (THB 8 M / Rai)

Click for floor plans and building drawings

Price: 175,330,000 Thai Baht

US$5,727,000

 

Air Conditioning Balcony Swimming Pool Internet Terrace Cable TV Security Camera Oven Furnished Private Pool Fitness gym Library Sauna City view River view Sea View Greenery view Pool table Tennis Court Lake view
Property ID: SLP-7381
Property Address: Khao Yai Condominium and Boutique hotel investment
Property City : Khao Yai

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