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Siam Legal - Chiang Mai

Changkran Plaza- Suite 7,

191 Changkran Road Muang

Chiang Mai,  50100

Thailand

Tel : 66 53-818-306

Fax : 076-290-487

 
Chiang Mai Real Estate

Chiangmai Property

The lifestyle

Chiang Mai is the largest and most culturally significant city of northern Thailand. In recent years it has seen a large increase in foreign tourists and the city has been modernized quite a bit. Not only have tourists come to visit the place in large numbers but they have bought houses or rented and settled down here as well. he laid back atmosphere, low cost of living and the fact that it is not as crowded as the other cities like Bangkok have all made it appealing to live here.

Chiang Mai Real estate market

Chiang Mai Real estate is one of the most cost effective anywhere in Thailand and offers great value for money for all types of property. Chiang Mai house with a nice garden, rooms full of sunlight, equipped with modern amenities and in a peaceful serene setting can be rented out for as little as $500 per month. You can find these houses at just a 15 minute drive from the city and are best for anyone looking for some peace and quiet in their abode.



The Chiang Mai condo market is bustling with condos that can be rented out by foreigners in various price ranges and at various levels of comfort and proximity to the city centre. At the most premium end you could rent out a Chiang Mai condo which is just next to a Golf course and is equipped with all modern luxuries. You can rent out these condos at around $500 and above. There are many options which are more cost effective and you can get a condo here starting for as little as $285 which will still have all the amenities but would not be as luxurious as some of the pricier ones.



Although renting out property is a popular here, there are ways in which foreigners can buy Chiang Mai properties as well. Foreigners can buy apartments provided less than 50% is owned by a foreigner and the remaining is owned by a National. This is a safe option which many foreigners opt for and are happy owners of lovely Chiang Mai real estate.



You need to research a little bit about the management and goodwill of the real estate that you are buying and the best way to do this is to take a tour of the location that you have zeroed down for your purchase.



Recreational activities

Chiang Mai is the cultural centre of northern Thailand and there are plenty of national parks and sites which will keep you busy once you are in the city. There are several temples which are of interest and then there are several nature spots which appeal to the visitors. The natural beauty of the place with its waterfalls and mountains is refreshing and draws thousands of people towards it every year.



Restaurants, shopping and travel

There are quite a few cost effective bars, restaurants and even five star hotels from which to choose from while staying in Chiang Mai. You can enjoy an evening of authentic Thai curries, absorb the classical culture with a Khantoke dinner or just hang out in a bar or a disco. here are myriad shopping options where you can bargain for shoes and bags at delightful prices or shop at in the familiar surroundings of a modern mall.



Why a foreigner would want to live here?

The city is especially popular with foreigners because of its cost effective real estate, easy paced life and the ease with which foreigners can settle down here. Chiang Mai is one of the most attractive cities you can settle down in and has been chosen as Asia’s top 10 most livable cities.

 

 
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