Real Estate in Chiang Rai, Thailand
Last updated on Jul 09, 2024
Summary: People living in Chiang Rai, Thailand offer advice about real estate. How do you find a home in Chiang Rai? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Chiang Rai?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"To find a place to live in Chiang Rai, you can start by researching online on websites such as ThaiVisa, 9Apartment, and RentHub, which offer listings of available properties in the area. You can also join Facebook groups dedicated to Chiang Rai expats or housing, where members often share available rentals and recommendations. Another option is to visit Chiang Rai and explore the neighborhoods in person. This will give you a better understanding of the area and help you find a place that suits your needs and preferences. While exploring, look for "For Rent" signs on properties or ask locals for recommendations. You can also consult with local real estate agents who have knowledge of the area and available properties. They can help you find a suitable place based on your budget and preferences. Make sure to negotiate the rental price and terms before signing any contracts. Lastly, consider staying in a guesthouse or hotel temporarily while you search for a more permanent place to live. This will give you the flexibility to explore different neighborhoods and properties without feeling rushed to make a decision," said one expat in Chiang Rai.
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What is a typical expat home or apartment like in Chiang Rai?
"A typical expat home or apartment in Chiang Rai, is likely to be a modern, fully furnished space with essential amenities such as air conditioning, Wi-Fi, and a fully equipped kitchen. These homes are often located in secure residential complexes or condominium buildings, offering access to shared facilities like swimming pools, fitness centers, and parking spaces. The living spaces are usually spacious, with open-plan living and dining areas, comfortable bedrooms, and private balconies offering views of the surrounding city or countryside. The apartments are often situated in convenient locations, close to shopping centers, restaurants, and public transportation, making it easy for expats to explore and enjoy the local culture and lifestyle," remarked one member in Chiang Rai.
Expats interested in International Health Insurance should take a minute to get a quote from our trusted expat health insurance partner, CIGNA.
Expats interested in International Health Insurance should take a minute to get a quote from our trusted expat health insurance partner, CIGNA.
What is the average cost of housing in Chiang Rai?
If you are thinking about moving to Chiang Rai, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Chiang Rai can vary depending on the type and location of the property. For instance, renting a one-bedroom apartment in the city center may cost around $200 to $300 per month, while a similar apartment outside the city center may cost around $100 to $200 per month. If you're looking to buy a property, the average price per square meter for an apartment in the city center is around $1,000 to $1,500, while outside the city center, it may be around $500 to $800 per square meter. Keep in mind that these are approximate figures and can change based on various factors," said one expat in Chiang Rai.
Should I buy or rent a home in Chiang Rai?
If you have not spent a lot of time in Chiang Rai, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"The decision to buy or rent a home in Chiang Rai, depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Chiang Rai for an extended period and have the financial means, buying a home can be a good investment, as property prices in the area are relatively affordable compared to other parts of Thailand. Owning a home also provides stability and the freedom to make changes to the property as you wish. On the other hand, if you are unsure about your long-term plans or prefer flexibility, renting a home may be a better option. Renting allows you to explore different neighborhoods and types of properties without committing to a long-term investment. Additionally, renting can be more cost-effective in the short term, as you won't need to pay for property taxes, maintenance, and other expenses associated with homeownership. It's essential to consider factors such as your budget, lifestyle preferences, and future plans when deciding whether to buy or rent a home in Chiang Rai. It may also be helpful to consult with a local real estate agent to gain insight into the local property market and make an informed decision," said one person in Chiang Rai.
About the Author
Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
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