Chiang Mai is a naturally beautiful part of Thailand that is surrounded by mountains. Color is one nature’s gift to Chiang Mai; this increases its existing beauty. It is a cool place to relax and have picnics while sipping your coffee.
Its history can be traced back to the old day Lanna kingdom. It was in the mid-fifteenth century that things changed and it became Chiang Mai. Also part of its history is modern-day Laos and Myanmar. With all these histories and records it has generated over the years, it is considered the next city after the main capital of Thailand. It is also an existing home for the temples of Buddhists.
Geographically, Chiang Mai is described as having a village feel because most of its social amenities like water sources, markets, offices, and restaurants are located a little distance away from the main town.
Real estate of Chiang Mai
Real estate in Chiang Mai is relatively cheap and flexible when to compared to the other parts. Properties like hotels, shopping centers, and markets have made provisions to people of different social strata.
Because it is an area with a lot of beautiful mountains, the nationals make sure that all the mountainous areas are equipped for tourism. Chiang Mai real estate bridges the gap between human-made and nature.
Things to Know Before Investing in Chiang Mai Real Estate
While Chiang Mai is generally all accommodating, it is of great significance to know certain things before venturing into investing in the region.
- Do you have a Thai company that will claim the ownership of the property you want to invest in? Do you have a spouse that is a Thai national? If you don’t have any of these, investing in Chiang Mai can be a bit of a herculean task for you.
- If you are probably looking for an on-shore finance apartment, it is strictly for the nationals.
- Make sure you have planned a specific location because Chiang Mai is relatively small.
- Be sure that you have a proper visa arrangement before investing in Chiang Mai.
Best Types of Properties in Chiang Mai
Property that fits all your needs is available in Chiang Mai. They have exotic cars, standard houses, condominiums, and many other things. Most of all, these properties are located in their main city.
Some of the houses are designed only for a holiday so if you have a plan going on holiday somewhere, then know that Chaing Mai is a suitable place for your holiday.
The Most Popular Places in Chiang Mai
Doi Suthep Mountain is the most popular place in Chiang Mai, but if you are coming for the first time, you will think it is the old city center. Other popular areas are the Central Festival shopping mall as well as Night-bazaar. These areas give the city the looks of a booming town. They are always very busy with visitors as well as the nationals. Most people that are familiar with Chiang Mai will tell you that if you are planning to own a property, prioritize the city center.