Thailand’s second largest city is known for its beautiful temples, excellent cuisine, friendly locals and rich cultural heritage. Nestled in Thailand’s mountainous region on the banks of the Ping River, Chiang Mai has a reputation for being a city with a little bit of everything. Whether you’re exploring the traditional Thai-style architecture or trekking through the lush jungles on its periphery, Chiang Mai is truly enchanting. With a metropolitan population of roughly 1,000,000 million people, Chiang Mai appears downright quaint compared to Bangkok, The city has over 300 Buddhist temples and is also one of the few cities in the world featuring a fully-preserved, one-square-mile moat.
There is a multitude of options for purchasing a quality condo in Chiang Mai, from budget-friendly units to more high-end selections. Expats that relocate here or recognize the good rental investment mean that the condos now being built cater more for western standards in their finishes and amenities such as basic kitchens, washing machines, and balconies. From pre-owned condos to brand new, ultra-modern dwellings, there is a wide spectrum to choose from. What is really astounding, however, is the competitive pricing you’ll find. Cozy studio apartments for purchase can be procured for as low as 1,000,000 Baht (approx. 30,000 USD), while higher-end, multi-bedroom units can be found for as little as 3,500,000 Baht (approx. 105,000 USD) and beyond.
You can easily enjoy a very comfortable standard of living in a city like Chiang Mai at almost half the cost of Bangkok. The nearby cities of Chiang Rai, Pai, and Nan are all popular destinations, so there is no shortage of day trips to be had. There is an abundance of great local food, vibrant culture and quality entertainment to keep you busy, and you can enjoy the natural beauty surrounding the city. There is a large population of retirees living here, as well as a younger “digital nomad” community, so there is no shortage of expats (estimates put the expat population at roughly 25,000). A person choosing to settle down here could easily live modestly on 600 US dollars a month, though the possibilities for amplifying your quality of life here are essentially limitless, depending on how much you decide to spend. The city has its own international airport and it is the fourth busiest within the country.
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