Chiang Mai Property Guide

Ranked as one of the most liveable cities in Asia, Chiang Mai has become one of Thailand’s fastest growing property markets, attracting increasing numbers of both local and international buyers and investors. Real estate in Chiang Mai offers excellent value in both condos and houses, certainly compared to Bangkok or Phuket.

While the market lacks the sophisticated property networks that have boomed in areas such as Phuket, Samui and Pattaya, the Chiang Mai real estate industry has seen significant growth that runs parallel to the city’s progressive economic development. The emergent Chiang Mai property industry is supported by professional estate agents who will provide varying levels of service in the process of buying property in Chiang Mai. In this section we cover the main points, as written by our resident real estate expert.

Condos

With lots of luxury condo buildings going up in Chiang Mai you’re spoilt for choice, buying, renting or investing – here’s the low down on finding condos, for how much, and where…more

Houses

Best value for money in Chiang Mai; where you can have a large house with garden, furnished, and just 15 minutes from the city, all for the price of a tiny Bangkok condo…more

Building

A popular choice among those settling here with Thai spouses, since you get lots for your money and can design a tropical hideaway; but beware, things can easily go wrong…more

Buying

Easy if it’s a condo and you have a modest budget, tricky if it’s land and houses – read this first to make sure you don’t get swindled, get it right and you could be onto a good investment…more

Agents

A list of the real estate agents in Chiang Mai for condos, houses, renting, buying and selling; we’ve checked them out for you though it is very much ‘buyer beware’ in Thailand…more

Renting

Useful tips for renting apartments, condos or houses in Chiang Mai – what you get for your money, what to look out for; read this before you pull out the cheque book, to save headaches…more

Renting and buying property in Chiang Mai

Due to a lack of visible industry standards, newcomers to the market are well advised to take their time before shopping for real estate.

Whether you plan to buy, build or rent property in Chiang Mai some advice should be sought since foreigners often don’t have correct recourse to the law in the event of disputes. A professional agent is recommended.

You can rent a lovely suburban house in Chiang Mai for less than US$400 (12,000 baht) per month, buy a cheap condo for $30,000 (under a million baht), and even go right up to a million dollar mansion when searching for real estate here. In recent years, a number of luxury condos have been developed for an increasing number of retiring foreigners, and these are favoured since non-nationals cannot own land in Thailand.

It’s not difficult to find a suitable place, because your budget goes a long way, though not all houses suit Western expectations. Finding a quiet neighbourhood is important, but easy access to the city is generally guaranteed. Rates and taxes are negligible and there aren’t really any bad neighbourhoods or areas.

Further reading…