The first high-rise condominium in Chiang Mai, 31 floors high, with 630 residential units in the form of 1 bedroom, starting from 29.25 – 46.00 sq m. and 2 bedrooms, starting at 53.50 – 56.50 sq.m., project value 1,900 million baht, starting price 2.39 million baht, average 84,000 baht / sq.m., and the average rental yield is 6% in terms of the ratio. Profit from resale (Capital Gain) on average up to 10%
for an overview of the real estate market Chiang Mai Province The trend has returned to be more active following the opening of the country at the beginning of the year. From the number of foreigners traveling to Chiang Mai up to 5.46 million people, the number of flights increased by 90% in 2022, including the government’s continuous investment in transportation infrastructure. The latest is to build an airport, Chiang Mai International Airport 2 by 2025 to support the expansion of Chiang Mai and increasing tourists. from hotel occupancy up to 65% or a growth of up to 35% from the previous year This is a factor that greatly supports the positive demand of foreigners. who are both real-demand groups looking for condominiums as their second homes in Thailand Including for investment that receives better rental yields than investing in your own country.
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