January 2012 : Vol. 19 No.1
 
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        Many foreigners are choosing Chiang Mai as an ideal place to retire or settled down. Some stay for a few years or spend part of the year here, others have married locals and wish to start a family and remain in Thailand. Others simply want to invest in the city’s growing suburbia. Whatever your circumstances Chiang Mai has a healthy property industry that offers fantastic luxury for a modest budget, offering condos, house building and ready-made homes in the popular ‘suburban estates’ (known as moo baans) that are being developed out of town.

 

        There is an over supply of condo units in the city, many of them simply requiring a renovation, while some of the popular buildings with foreigners, such as Hillside 4, Rim Ping or Flora have a steady turnover of sales. Most are studio apartments but a new generation of condo projects are providing a new level of luxury and space near the city. Condos are the most popular choice among foreigner because they can own them outright and a 45m2 studio in a well-equipped building will cost about US$25,000.

        Houses are also a realistic prospect and you’ll be surprised how far your money goes. Building is a national obsession in Thailand and construction costs are cheap, but you need to be extra vigilante about quality because your recourse to the law is limited. Landscaping gardens is another easy task with such a large variety of ready grown plants and trees, along with water feature materials available. But, buying land is restricted to Thai nationals or registered companies with a majority Thai ownership. This option is therefore generally restricted to those married to a Thai. The most popular Chiang Mai property trend now is to buy a ready built house in one of the plush moo baans, that add prestige to one’s living environment, along with facilities and security – but be prepared to pay more.

        However most just rent, and a three bedroom house with a decent sized yard within 15 minutes drive of the city would cost about $US350 and up. There are numerous agents in town that can help you find something suitable and sort out the deposit and paperwork. Utilities aren’t expensive but you’ll need to get used to Thai neighbourhood habits like compost burning, uncontrolled dogs and temple tannoy announcements.

 
ACCOMMODATION
REAL ESTATE
 

AIRPORT BUSINESS PARK website

 

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  Tel. 053-203355
  http://www.abp-businesscentre.com
   

CHIANG MAI HABITAT website

 

14 Suthep Rd., Soi Wing 41 (Soi 6), A. Muang, Chinag Mai.

  Tel. 052-270 441 Fax. 052-270 424
  http://www.chiangmaihabitat.ne
   

GRAND SIRITARA CONDOMINIUM CHIANG MAI website

 

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  Tel. 053-805 511, 08-3861-1658
  http://www.condochiang-siritara.com
   

H.T. PROPERTY MANAGEMENT CO., LTD. website

 

201/4 Sridonchai Rd., T. Changklan, A. Muang, Chiang Mai

  Tel. 052-272 872, 08-1992 3655 Fax. 052-272 872
  http://www.ht-real-estate.com
   

H.T. property Management Co.,Ltd website

 

201/4 Sridonchai Rd., T.Changklan A.Muang Chiang Mai

  Tel. 053- 272 872
  http://www.ht-real-estate.com
   

JUNG PROPERTY AND TRAVEL

 

63/56 Arak Rd., T. Prasingh, A. Muang Chiang Mai

  Tel. 052-272 783 Fax. 052-272 783
   

KARNKANOK PROPERTY CO.,LTD website

 

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  Tel. 053-887 447, 053-101 000
  http://www.kkn.co.th
   

MITCHAI PROPERTY CO.,LTD. website

 

302/4 Chiang Mai - Lamphun Rd., A. Muang, Chiang Mai.

  Tel. 052-800 567-8 Fax. 052-800 314
  http://www.mitchaiproperty.com
   

MOUNTAIN FRONT CONDOMINIUM website

 

220 Chonpratan Rd., (Canal Rd.,) T. Changpuak, A. Muang, Chiang Mai

  Tel. 052-226 222,089-188 8809 Fax. 052-225 992
  http://www.mountainfrontcondo.com
   

PHUPING REALTOR PROFESSIONAL CO.,LTD.

 

145 Huay Kaew Rd., T. Suthep, Maung, Chiang Mai 50200

  Tel. 052-894 143-4
   

SUNBELT ASIA website

 

179 Mahidol Rd., T. Haiya, A. Muang, Chiang Mai

  Tel. 052-277 707 Fax. 052-283 873
  http://www.sunbeltasia.com
   

THAN BETTER HOMES

 

199/217 Suannonsee Village, C.M. - MeoJo Rd., A. Muang, Chiang Mai.

  Tel. 052-262 588,01-881 8055 Fax. 052-854 144
   

THE JIGSAW CONDOMINIUM website

 

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  Tel. 053-858 222-4
  http://www.jigsawcondominium.com
   

THE MASTERPIECE SCENERY HILL

 

59 Moo, 1 Liab-Klong-Cholapratan Rd., T. Namphrae, A. Hangdong, Chiang Mai

  Tel. 052-296 688-9, 053-296 693
   

THE SCENE CONDO website

 

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  Tel. 088-252 5011
  http://www.thescene-chiangmai.com
   
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