While housing prices soar in places like Singapore, Hong Kong and Mainland China, Chiang Mai offers condo prices that are incomparably cheap.
In fact, in comparison with Bangkok, Chiang Mai is still considered cheap.
The city is fairly big and hosts many foreigners, who want to enjoy a greater quality of life, for a fraction of the cost in their home countries.
In this article, I explain how you can buy a condo in Chiang Mai, one of the cultural and green centers in Thailand.
Chiang Mai’s real estate market
While the property market grows quickly in Thailand, you need to choose your investments wisely, buying in the right areas.
Some people say that Thailand’s real estate market is booming, mainly due to investments from other Asian nationalities.
But there’s a difference between an export driven economy that is booming, and a real estate market that is booming
Usually, they should go hand in hand.