Chiang Mai is one of the more unique destinations in Southeast Asia featuring a special blend history, culture and nature. While hot in the summer, it is between November and February when the region really shines. That being said, visitors flock to Chiang Mai and the surrounding areas all year round. Additionally, the region is a growing hub for digital nomads and startups.
All of this means Chiang Mai has become a trendy location for real estate. Prices remain reasonable and the market has started to recover after a couple of years in the doldrums. What do you need to know about Chiang Mai and the surrounding areas? Here’s a brief guide to help you get better acquainted with Northern Thailand’s leading location.
Exciting Chiang Mai projects
Green Valley Condominium – Some of the best mountain views can be found at Green Valley Condominium. A spacious corner unit can be had for only THB 5.7 million.
Sky Villa – As an investment or a residence, Sky Villa from Rochalia Development, winner of Best Developer Chiang Mai at The Dot Property Thailand Awards 2017, boasts beautiful villas with modern facilities.
Burasiri San Phi Suea – From the gorgeous green surroundings to the resort-style living experience, no development quite captures the authenticity of Chiang Mai like Burasiri San Phi Suea.
Real estate market news & notes
Tourism fuels property turnaround – New research shows real estate growth in Chiang Mai, Chiang Rai and Khao Yai is closely linked to tourism growth. This has benefitted Chiang Mai in particular as the city has become one of the most attractive for real estate investment in Southeast Asia.
Chiang Mai 2nd most popular destination for Chinese buyers – The top destinations where Chinese preferred to buy property in Thailand were Bangkok, followed by Chiang Mai, Phuket and Pattaya. “Chinese love Chiang Mai as property prices have remained low, with good medical services at affordable prices and a lot of international schools,” Wason Khongchantr, managing director of Modern Property Consultants, explained.
What to do in Chiang Mai
5 places you must visit in Mae Rim – From majestic waterfalls to strawberry farms, Mae Rim is an ideal to explore when in Chiang Mai. Located northwest of the city centre, the district is home to Doi Suthep–Pui National Park.
Chiang Mai’s most interesting neighbourhood – For ambience and culture, there really is nowhere quite like Nimmanhaemin in the whole of Chiang Mai. Even uber-fashionable travel and style magazine, Monocle, described it as ‘particularly attractive’ when it listed Chiang Mai as one of the world’s five most lovable cities.
Stay at a northern wonderland in the nearby hills – On the northern outskirts of the park and less a 30-minute drive from the Chiang Mai city centre lays Sukantara Cascade Resort & Spa. Once you enter the amazing property it feels as if you have been transported to another world.
Daily life in Chiang Mai
An introduction to life in Chiang Mai – Due to its quiet lifestyle, Chiang Mai is popular with expatriates seeking a change of scene from their hometown that is likely to be hectic in comparison.
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