11 houses on 22 rai compound
5 km from Chiang Rai city center
Listing number: 6087
This large, well-maintained, established compound has mature trees, a small lake, paved roads and underground electric cables. The 11 houses on the grounds include the owners own home plus another 10 houses of which 8 are currently rented out. The project has been managed in a hands-on manner by the owner since its inception, and is a well-run and smoothly working enterprise.
The project is thus a business which can be taken over as is, and given the considerable investment in the infrastructure, as well as the value of the houses themselves (all in excellent condition) the price, which translates to THB 3.1M per rai, compares favorably to many plots of bare land advertised for sale in Chiang Rai. It is well located 500 meters from the main road and adjacent to a very large natural area.
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