Chiang Mai Real Estate Has CHANGED 🇹🇭 Cost of Living Thailand

Should you rent or buy a Condo or house in Chiang Mai, Thailand? I'll show you prices of 2 x Condos and 1 x House and you can decide. You will see what $1,000 a month gets you or what $200,000 gets you, and you'll know more about the Cost of Living in Thailand.
Real estate in Chang Mai has changed and units are getting snapped up quickly. If you are looking for either the first house of the 2nd condo in this video, then reach out and get it before they are off the market. If you dream of living in Chiang Mai, Northern Thailand's awesome city then this video is for you.
If you are looking to buy or rent in Chiang Mai, Bangkok, or Samui, then RW4U Real Estate is here for you. Contact us here: [e-mail]
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[@RetiredWorkingForYou]

If you are looking to buy or rent in Thailand, we're here to help you. Contact Adam at [e-mail] or head over to our website at: retiredworkingforyou.com/realestate/

[@steveporsche8389]

First of all Thank U for the video about living in Thailand. I have plan to travel to Thailand in summer 2023. Should I book the condo a head of time or can I book the condo when I get there? Please let me know which is a better way to do it.

[@mateokahric5256]

Btw i like to watch every video you make is very interesting whatever you post on KZbin great video and please don't take my comment in negative way .All the best from Croatia

[@akashseedhar7792]

Hi i am looking to buy in thailand . Chaing mai was my fav place. Who to talk to??

[@RetiredWorkingForYou]

@@akashseedhar7792 Reach out to connect@retiredworkingforyou(dot)com

[@alanpoh825]

@@RetiredWorkingForYou 16:20 hi i would interest to contact u for viewing the condo unit for my coming visit to chiang mai . looking for retirement there. thanks

[@Hannahbenowitz]

When I bought my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.

[@PennyBergeron-os4ch]

Home prices will come down eventually, but for the time being; get your money (as much as you can) out of the housing market and get into the financial markets. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes. If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.

[@HildaBennet]

Do you mind if I ask you to recommend this coach you using their service?

[@PennyBergeron-os4ch]

“Sonya Lee Mitchell’’ is the experienced fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up a meeting.

[@PennyBergeron-os4ch]

“Sonya Lee Mitchell’’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@HildaBennet]

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a meeting.

[@z97jb]

There's only a few places in Thailand which foreigner can legally hold landed properties (homes) by 'Leasehold', 25 to 35 yrs. So, you don't really legally own the property you just put $500,000 into. The only legal way is put into your Thai wife's name, but you have to sign documents that essentially says the money used to buy the home was from your wife, not you, and you have no rights or ownership to your (home), ever. And friends from Europe and Aussie did that, and wife took the property away from them, kick on the street. Legal leasehold is all you'll get. Malaysia - is freehold land, bungalows, ya-da and cheaper land and home costs, even beachfront properties. (Thai is like Philippines, Indonesia, Vietnam) push foreigners to buy (condo's) at 10x to 15x construction costs. There's also high gov't taxes if you rent it out, and if you sell, which you will. In Phuket a resell home can be on market for 5-6 yrs and still not sell (leasehold). Your money will be stuck, forever. The water is much deeper than you think. Look before you dive in.

[@clarencewilson3762]

Thank you

[@aquamoon88]

This is very helpful. Thank you. Where in malaysia do you recommend for a young family with a child? It has to be modern with international school and good medical care.

[@Unplugged704]

This is valuable information that is not shared until AFTER you sign!! Many foreigners just have the information wrong…. They cannot buy in their names!

[@michaeloffgrid]

This is the type of advice the comments section was made for! Thank you so much!

[@bakedpotatoes5108]

Loved the info!!! Lol

[@benzakonium]

Be warned that Chiangmai has about 3+ months of awful air pollution due to crop burning in the region. Many people just completely leave the area for almost half the year. Also the Thai government is really cracking down on foreign ownership, you can no longer use a shell company or a proxy to buy land, so buying a villa for a foreigner is very dangerous. For condos only 49% of a building can be sold to foreigners and those units are pre allocated - so only ever buy a foreign allocation condo or you run the same risk. Your dream home could just be taken away from you. Agents will not tell you the truth about this.

[@leeaznmode]

agreed ,ownership by foreigners in thailand is just a scam

[@bradpatterson3040]

Things are getting better they are burning alot less and if you do your homework it is still good to buy. I would rent for at least 6 months in different areas of Thailand to find what is best for you.

[@Scott-qo1eq]

I’ve been here over a year. Last year the burning season was virtually non-existent and the air quality had been quite good the whole time

[@DavidWilliams-qr5yj]

LOL 😆 we've been here 6 years and love it 😀 also we own 3 condo rentals we live here year round and our properties stay rented year round 😄 don't listen 😉 to whiners like this guy 😉

[@Scott-qo1eq]

Personally I think you’re betting off renting even if you can afford to buy. Rent here is cheap and gives you flexibility

[@Makis93_TH]

Dont be fooled, those prices have at least 20% markup. Prices should be way cheaper thats for sure.

[@ctb1977]

I guessed that last one should be 4m at most. For almost 7m you can get an big brand new house in Chiang Mai

[@Gojek-fp1bm]

As a thai I’d like to say no. 10-15 % yes

[@AG-so4gl]

Agreed

[@luxuryseaviewvillas6744]

oh God, people want to make money on houses they built?? What's the world coming to?

[@Makis93_TH]

@@luxuryseaviewvillas6744 its a difference if you make money or you literally ask scam prices to rip off 🤫😂

[@bakedpotatoes5108]

300k to 500k for a place like that there is a ripped off. That's about the same price as here in the states.

[@AbsoluteDegens]

Exactly what I said bro total extortion of foreigners by the developers and agents

[@kellywalker4494]

@@AbsoluteDegensyeah, agree, Thais won’t buy at those prices. Many foreigners have more money than sense though, they don’t care. Bubble.

[@hgh1727]

and in Chiang Mai, this is not Bangkok.

[@Xanderbelle]

100k for the furniture !

[@Stephanende1]

I agree totally ripped off.unrealistic pricing

[@sunmand6136]

What's the point of buying a half a million dollar home in Thailand ?. I mean, isn't the whole point of moving to places like Thailand or Phillipines is to save a buck and live well on a lot less ? I mean if it is going to cost that kind of money why bother moving to Thailand. One might as well stay home in the U.S. Very disappointed in this. I always thought that "Retired working for you" was cost conscious. For this kind of money you can get a great home anywhere in the south and mid west of U.S matter of fact for half as much. What a joke to call that home "a great value".

[@mrxit1]

He's worki g for himself by taking a cut....A Shill

[@cockneytintin]

"Retired working for you" is not very bright!! Its people like these idiots who have ruined Thailand.....Everyone knows renting is the way to go....Buying is a mug's game and trusting a thai with your life savings....Good luck with that!!

[@Oggiwara1]

With so many houses and condos for sale and rent in Chiang Mai, this is a rip of even if they are nice! Always stay away from farang brokers and companies targeting foreigners as their main costumers! They always make a place more expensive than necessary. And most foreigner retirees are not out for those prices. And since a foreigner can not own the land legally, it is quite risky to accept to go around the law to be able to "own" the lot your house stand on. You can simply loose everything. You get much better price when you go trough a small local broker when renting a condo or house. And if you are familiar with the market, just rent directly from the owner. That's normally much cheaper.

[@repent6238]

Do you know any small brokers or owners to rent from?

[@dennisspackman7147]

Before buying a house or any other building in Thailand ensure that you find out how long the property lease is for. Foreigners can not purchase land in Thailand. Therefore any building you purchase is on land that is under some kind of agreement with a Thai citizen or company. What legal assurances are there that once the lease period is up for the land that your home is on will be renewed?

[@afzalshaikh2128]

Very expensive. Buy the house across the street for half price

[@KARIS1961]

I spent a month there. Absolutely loved it! It’d be a dream come true to own a home there.

[@JayandSarah]

Spending a month on vacation and living in a city, are two completely different things.

[@beverlyweber4122]

Chiang Mai has the BEST variety of options anywhere on the planet. My shared house (downtown, across from Maya Mall) was just 240 bucks a month, huge balcony overlooking a quiet little soi. I lived for the entire MONTH on 1100 a month, all out, everything from rent to food to travel, the works.

[@naughtynightlifeasia857]

Must've been living on Mama noodles! 😂

[@beverlyweber4122]

@@naughtynightlifeasia857 Nope! Lived like royalty! It's all about choices, right? Shopping at a big fancy store? Yeah, you are likely paying more than you should or could. Local markets are the ticket to success, always. I am a widow, first time living abroad, but I did my research ahead of time.

[@naughtynightlifeasia857]

@@beverlyweber4122 unlikely

[@michaeldo1988]

@@naughtynightlifeasia857 beauty is in eye of beholder

[@beverlyweber4122]

@@naughtynightlifeasia857 Believe it or not. How in the actual hell do you think Thai people live on $500 a month? Magic? Or do you believe Thai people live on $2000 USD?

[@robmul8862]

In Chiang Mai now and loving the city, especially chatting with local people, always friendly! Keep up the good work, helpful videos!

[@llothar68]

Always friendly until they are not friendly. Chiang Mai and especially Pai has the highest murder rates and for a long time an official warning from the canadian government. I love Thailand and lived in Chiang Mai for many years, but never never ever take friendlyness for real. They will smile while putting a knife in your stomach ... and they will.

[@robmul8862]

@@llothar68 thanks for the advice Lothar. I’ve travelled in many countries, many places people warned me not to visit and my street radar is pretty good, but that said never be complacent. On the whole I think Thai people are honest and trustworthy. For example my wife ,son and I arrived at a small vegetarian restaurant ‘ Aum Vegetarian ‘ and realised I hadn’t changed money, so the owner took me to the money exchange on his scooter. It’s this kind of human kindness that leaves one with a good feeling about a country. Last day in Chiang Mai and down to Bangkok for a few days before heading back to cold north, been a fantastic trip, spoke lots of Thai which always makes them chuckle and will come back sometime soon!

[@michellelkphoto1543]

OMG! I love the house BUT the second condo is PERFECT! I like not having to rely on a car to get around...totally walkable and the living space is perfect size. Thanks for showing these.

[@filetmignon96]

I would take Condo 3, can't see leaving a $1,500 mortgage to do the same in Thailand. Being a "Farang" agency, I guess their cater to the higher ends market. Relocating to T-land in 30 days, Chiang Mai is on top of my list. Thanks for the video.

[@seanlive6975]

What are you going to do with all the time you saved by writing T-land?

[@filetmignon96]

@@seanlive6975 I'm in school, saving the extra time for papers.

[@filetmignon96]

@Retiredworkingforyou1 Did somebody say prize?

[@samkeino6810]

Great video. Would like to see more of these. More details, e.g., foreign ownership, property taxes, approx utility costs, other “hidden” costs, etc would be appreciated!

[@Clematis7777]

Foreigner can’t own land in Thailand No property tax (less than 1 acre of land) Cheap water bill Electricity 5-7000 bahts a month or more with AC 24/7 Cheap internet and mobility HOA ?

[@laurencefarrugia431]

@@Clematis7777 that’s not exactly accurate

[@ckm-mkc]

The biggest drawback it that foreigners can't own any land. You used to be able to get around this by having a Thai company you control own the land, but they changed the laws to make this much, much more difficult. A common solution is to own the house and lease the land long term or have your Thai wife own the land (a lot of YTers do this). Not an issue with a condo since you don't own the land anyway.

[@ckm-mkc]

@@laurencefarrugia431 If you're gonna say this, you have to say WHAT is inaccurate.

[@leeaznmode]

no foreigner can own any land in thailand,only thai citizens can own lands..you can buy houses on a rented land but you will never owned that land...that's simple and clear...we,as foreigners can only buy condos in places with 49% ownership owned by foreigners...buying houses in thailand is a scam

[@commanderbishop]

Half a Million USD for a house like that!!! Insane and you can't even own it unless your Thai - forget all the stupid schemes of land and property split or some Thai business ownership at 49% - it's a mess in the end waiting for a disaster to happen. House is maybe worth on a great day half the price fully luxury furnished with a multi-year build warrantee. I don't know who is buying these everyday houses for this kind of money not to mention overpriced condos at 30Sqm for 100k USD+. Last I checked, one week ago when we were in Thailand standing in Chiang Mai, 80% of the people are poor, Covid killed that city - they don't even have close to this kind of money. Average Thai brings home 18k a year. or less. Middle class Thai, 40k year and they are a minority. Math doesn't add up. Guess that is why we didn't buy anything there or any place else in Thailand - and I have a Thai wife and she thinks it's insane! It's cheaper to rent than buy even long term in Thailand. 12.5M baht house renting for 30k baht per month - not considering any bank financing interest - at that rental rate would take 32 years to break even not including any maintenance cost during that entire time - that's insane. That is not value creation, that's a waste of money...

[@Josh-ew1le]

$500,000 is literally a scam price

[@elgonm289]

What a rip-off

[@u982245]

I love your videos , but very few people are as rich as you and can afford these luxury properties. But as a poor person I enjoy watching how the rich live 😊

[@martinpowell5769]

Exactly 🙏😊🇬🇧

[@ptr9895]

Same same

[@mijicmugendo]

That's not expensive by western standards

[@u982245]

@@mijicmugendo im borne and raised in one of the most expensive countries in the world (norway) so yes they are .

[@mijicmugendo]

@@u982245 I was born and raised in Ireland and have visited every country in Europe , so no its not expensive

[@gummo3q524]

I like the house, but Thai law does not let us own the land underneath the house outright as foreigners, so why buy the house?

[@packageism]

The presenter of this video has done a nice job on this video. He seems so friendly and a bit eccentric. My only feedback is that perhaps he should try to wear smarter clothes. He is not on Khao san road. Shorts and tee-shirt with small day pack on his back looks a bit childish for his age. Apart from that it was a fine video.

[@ratnoinamaew7822]

As soon as I see a yank real estate agent in Thailand, the more I want to hold onto my cash

[@skipmcilvaine]

Good instinct. Any farang agent in Thailand for that matter.

[@luisrosariotheefficientent826]

My exact thoughts. These go do everything to stroke their egos and go back to their countries to brag about their “rich life” and “business “ in poor Thailand These people are what’s wrong with every corner of the world. raising prices then inviting crime from all different people that feel forced to find illegal ways to feed their kids and PAY expensive rent

[@garethcollins6722]

This is a complete ripoff. They are hoping to get ignorant farangs that don't know any better.

[@zealman79]

@@r3furbish3dbrain12 Is that the service with the words "end" and "happy"

[@tdgdbs1]

@@r3furbish3dbrain12 Ripping off people is unethical.

[@250miles2]

I mean... that's 1/2 million for a fully furnished home on, what, 4k-5k sq ft of land? ... Is it just me or is that still a lot??

[@DangerINK]

It’s not just you…

[@adventureforme]

Reminds me of a backpacker who grew old, stayed in Thailand too long, and still dresses like's 19 on a gap year. I find his demeanor and voice so annoying and the company that partnered with him makes me think, no, not going to do business with them. If you watch close these real estate guys don't look comfortable with this guy at all, and I wonder if they knew what they were getting into before they made this agreement. The company you keep, man... Note, I didn't subscribe or search for this video it's a KZbin suggestion so you know how I got here when I clearly don't want to be. I find so much about this guy annoying. Yeah, so I won't watch any of his vids, but I have the right to an opinion as well in these comments. Cheers.

[@michaeljcarneyjr.6187]

It is illegal to buy a home or land in Thailand, you can own a condo

[@ckm-mkc]

You can own the house, just not the land. There are ways around this, but they cost a lot of $$$$

[@theotheleo6830]

@@ckm-mkc There are situations in the Philippines where a foreigner builds a house on long-term leased land, and when the houses were complete, the leasees were evicted. I would never buy/build a house on top of land that I don't own.

[@garethcollins6722]

@@ckm-mkc Its not only that it costs $$$$, you are still hoping you don't get caught with nominee shareholders in a sham company. Complicated structures to try and hide this are no protection from the law.

[@stevenharris1460]

You can buy land and house only once (even if you sell it can't buy another) if you have invested $1.2 million USD in an approved investment.

[@michaeljcarneyjr.6187]

@@stevenharris1460 That's under BOI, this is youtube and you are giving the wrong impression to your viewers. I recommend that you explain fully who can own land, you also didn't discuss Usufruct agreements but to suggest that foreigners can by land in Thailand is a false narrative and you should cease and desist with false information

[@jeffrey88888]

I was in Chiang Mai 2 weeks ago (and stayed at the Astra) and loved it. It's on my list of retirement spots

[@jeanekarussell2195]

GREAT VIDEO! VERY INTERESTED! THANK YOU FOR CONSISTENTLY PUTTING OUT TOP QUALITY CONTENT. KEEP IT UP! 👍 What is life without money? I think that's irrelevant. When you live, always try to invest for future times like this to ensure profits and growth. So you are not dependent on the government. Investing in the financial market should now be on every savvy individual's bucket list.

[@rosario3317]

Investing is the key to maintaining your financial longevity. And not just an investment, but an investment with guaranteed returns.

[@jeanekarussell2195]

@jervcarter8218 Investing in the financial markets works for me even if I don't do it alone. I have an expert helping me and his strategies have helped me avoid losses and increase my income.

[@tinamanuel2305]

Hello@@jeanekarussell2195, that sounds interesting. What is the best way to reach your expert?

[@jeanekarussell2195]

He is active on TELEGRAM 👇

[@jeanekarussell2195]

CONSULTTIMTAYLOR ✅

[@loranger62]

The house is wonderful but it is never ours because of the property laws, am i wrong ?

[@mollerdk2000]

12.5 mil for the house and 4 mil for furniture, very expensive you can buy furniture in many places much cheaper then order from ikea in bangkok

[@livingworkingoutsidebox]

It's interesting to see the pricing evolution that an Expat migration can have on an area.

[@youknowthething1709]

These videos are out of touch with reality Get it together mate

[@Makis93_TH]

Yes sir!! Prices are out of reality too!

[@bobjuniel8683]

Westerners selling real estate in Thailand usually mean very high prices. Tell us the price first, don't waste our time with the sales spiel.. Yep, I live in Thailand and I would not pay those prices. Enough said.

[@brasco96wired67]

If Pay 1/2 million USD for a home it won't be in Chiang Mai.

[@karimfarangfromthejungle6027]

No point in buying anyway. Rent is so cheap in comparison to home, why risk the investment.

[@norbertmoravek9467]

i agree property shark tis is

[@panathipsankitta1659]

ช่วยทำคลิปแนะนำการเที่ยวเกาะเกร็ด ให้นักท่องเที่ยวหน่อยได้ไหมคะ ว่าต้องไปขึ้นเรือตรงไหน จะได้ไม่โดนหลอก เพราะวันก่อนดูคลิปนักท่องเที่ยวไปเกาะเกร็ด โดนหลอกว่าไม่มีเรือข้าม แต่ให้นักท่องเที่ยวเหมาเรือ หนึ่งพันบาท ซึ่งเขาก็ยอมไป

[@ThailandThomas]

Some awesome places Chris, But I think I will keep my custom-built cottage that cost us 20k to build. I would like to add a pool someday.

[@wetluv4]

Where do you live?

[@ThailandThomas]

@PicturePerfectPlanet Don't stay all the time, me and my wife have a small place in Ban Phai

[@relaxationsounds6981]

Is it true you actually don’t own the property when buying? You buy a 30 year lease? Than in condos foreigners can only buy 49% of the condos on the site? So when looking at condos you need to ask what percent the site is at for foreigners?

[@peterjohansson739]

Yes.

[@phetvang1962]

I actually went to see this house before it’s finished. It’s a very nice house and it’s a great design but I’m not looking for the same price on a home here in the US to use as a retirement home. One funny thing is that you ran into the big islanders and I used to live out there too. Cool!

[@Leffe8888]

I have lived in CM for 25 years and having both owned and rented I would suggest renting for at least a couple of years to feel the place out. Buying a condo is not an issue for a foreigner, this can be done legally. Buying a house is another matter, it would be interesting to hear from Adam as to how house sales are made to foreigners....over to you Adam.

[@theepicoutlet1680]

you can lease a home and get a mortgage lol

[@notinservice3724]

how about a townhouse ?

[@altha-rf1et]

That is what I would do at 62 do not want to have to take care of a property

[@bearbaxi1975]

With $400,000 you can live anywhere😊

[@peterjohansson739]

Probably for the rest of your life.

[@intotheblue970]

Ummmmm no

[@krizsz]

I would love to see more budget places, let me see how cheap I can live comfortably in thailand!

[@LukeLoewen]

Agreed.. So far Chris seems to be focusing on larger units and high end. Would like to see mid range for single occupants.

[@amkoi3578]

Im living in Chiang Mai for about 2 months now. I got a single room apartment with a bathroom and a small balcony for 3000 Baht / 84 Euro per month. Unfortunately no kitchen. Bed and closet already built in and it is located in the square (oldtown).

[@krizsz]

@@amkoi3578 that sounds amazing! what a price! make a youtube video! xD

[@llothar68]

He makes money from high budget places. THis is so 100% marketing i find it hard how you can't see this. I hate this stupid youtube channels and their naive viewers. BTW i lived in CNX for 6 years myself, i know what he is talking about and what he is not talking about for good reasons.

[@robertjosan]

@@llothar68 💯 lining up suckers

[@penelopeelsie1771]

_WOW....amazing to see someone who trades with Mrs Rose Gardner i am currently on my 7th trade with her and my portfolio has grown tremendously_

[@joneshannover167]

This is a good video, I want to use this say something, I will forever be indebted to you Gardner 😇you’ve changed my whole life I’ll continue to preach about your name for the world to hear you’ve saved me from a huge financial debt with just little investment thanks so much Mrs Rose Gardner

[@elwynphineas9498]

sorry but,,.. I have been trying get around trading market, some say its lot like local market, I don't understand, how can I reach this woman please?

[@penelopeelsie1771]

You can communicate her on here telegrm page.

[@penelopeelsie1771]

_reach her with rosegardnerbis it's pretty easy, no charge, you get discuss with her directly, she's a blessing_

[@elwynphineas9498]

@@penelopeelsie1771 thanks a lot for sharing this, I'm grateful

[@avedis1990]

its very expensive since its the same architectural design as the house beside it, which means its costing on them much less, maybe developers have 100 % profit margin on these houses if not more ..

[@giuseppe9501]

Not to hate or anything, my brother-in-law built a 3700 sq ft home for $220,000 by himself with help from his brothers. I mean, for 500k you could build a hell of a home in the U.S.

[@jamie1944]

Would have been better if you had viewed properties within the reach financially of the average expat Chris.

[@nnbbbb158]

Loved this video and I am actively LOOKING!!! I'll be emailing your Realtor today. The only downside I saw is that all the places feel very European....for someone who is coming to Thailand and wants a very traditional "Thai" feel interior space...not much available. I keep looking online and see the same white wash, cold, sterile environments that are unappealing to me. Hopefully when I trek out there for a couple weeks I'll see something I love. Thanks for this video!!

[@DiFinni]

I definitely like the 3rd place, especially for the price with that size.

[@nixferguson7323]

Definitely want more vids like this but can you please do more of the cheaper realestate available?

[@jjs1168]

The 2nd condo. So nice.... I don't need so much space and will take the condo facilities anytime....

[@sbkpilot1]

way too expensive, although there is a lot of value in the structure, the location is what determines most of the price and sorry to say Chiang Mai isn't the best in terms of location given that it is not coastal and all the hoops you have to shoot through to get residency in Thailand. The furnishings are $110,000? That is ridiculous, I can furnish that house 4 times over for that price. That is the definition of the term "inflated expat rip off". For contrast, I can buy a 2000 sqft home in Denver, Colorado area near the Rocky mountains for around $550k now and these prices are dropping fast. Why in the world would I live in a 2nd world country for half a million dollars - one has to be insane to do that. RIP OFF!

[@ukmanthailand]

2nd world country? No, Thailand is part of the former 3rd world. But that doesn't mean what you seem to think it does. It never had anything to do with money

[@MrEye4get]

Let me guess, you don't live in Thailand. Rip-off means paying more for something of little or no value. Real estate prices (regardless of world ranking) are determined by what people will likely pay. As you heard, the condo is already occupied. I'm sure it will sell for slightly less than the asking price. You might find cheaper places to live but I guarantee there are many more expensive places.

[@DeanDecoursey]

Who would want to live in an area that has snow 6 months out of the year?

[@algernon5776]

Both the Buy & Rents were on the too high side IMHO. No way I'd pay $500,000 USD for a condo in Thailand that's nuts. Why? Because your ROI numbers make zero sense. The rentals were both high and there are much better rental deals in the area.

[@martinpowell5769]

Farang homes is the KZbin channel to go to for cheap rentals. A three bedroom home was shown a couple of weeks ago for 7,000 Baht a month, a lovely young thai lady shows us what bargains there is to be had - please check it out, people are looking for rentals for around 8- 12,000 Baht a month in the present financial climate

[@HOMELESSG0D]

it's a new channel so not much there. There's older channels with low rent videos

[@driven01]

That first house is one of the most beautiful homes I've seen. I love everything about it.

[@llothar68]

Condo prices are up again and sales channels like this sell overpriced ripp offs. Chiang Mai is one of the dirtiest cities in the world. How many times all air traffic was completely shut down because of fog. I got constantly red infected eyes while driving my motorcycle for a few hours. I left CNX in 2011 after 6 years not looking back.

[@Miguelruiz25]

Who in the right mind would pay that for a condo in smoke city

[@beverlyweber4122]

Cuz' this is Thailand. You simply pull out $40 for an airline ticket and fly to the beach or the islands when the smoke arrives. Either sub-lease your condo or leave it empty during your absence. It's only a couple months, so your decision how to handle that.

[@seb7020]

Smokey season isn’t that bad. I lived 5 years there and it never bothered me

[@nraughmoobyaj8088]

AS A FOREIGNER, YOU CAN’T LEGALLY OWN THE LAND AND THE HOUSE. If your paid for the property by having your Thai wife be the owner and she kicks you out, you’ll be OVER.

[@gothops2632]

Anyone who gets a farang company to find them a place in Thailand is a MASSIVE FOOL!!!

[@boatswainsm8]

I am a few years out from retirement (2nd career) and Thailand is definitely a place im looking to hang the hat for 6 months out of the year. I will definitely utilize your channel as a source for information

[@method341]

These are so expensive, I was thinking that first one should be 8-9 mil baht max.

[@Mikachunuonsee16]

have a hoiuse in samui but just moved to chiang mai for a year and renting in wang tan moo baan...good to know the prices for condos and houses in the area for future references. love the city already!!

[@sirrebral]

Very beautiful, yet I'm wary of these places because of their large, open floor plans and significant percentages of walls replaced by glass. Traditional home designs evolve based on local characteristics, including climate and the cost of natural resources; history has shown that non-local design standards end up suffering from problems that the local designs addressed centuries before. All of that leads me to wonder how much electricity one would end up using if they were stay-at-home types who ran their air conditioning all day in those big, open floor plans?

[@seethruhead7119]

These were by far the best layouts i've seen in any house tour of Thai homes on youtube.

[@trevorsmith303]

From past experience, I find that buying from developers are generally more expensive than buying from the secondary market. The properties lacked storage cupboards.

[@dgtlnmd1016]

Chris! What are the odds? I have been watching your videos from the very start and now I find the coincidence of being in Chiang Mai at the exact same time as you. LOVE IT!! Looking forward to meeting you and my fellow RTW4U fam this Saturday!!!

[@extremecouponing91]

I didn't think tourists could own property in Thailand

[@samuelsullivan9546]

A good rule of thumb is when moving to a new town, rent for at least a year so you are sure you want to stay there. The cost for the house is way more than in Houston, Tx.

[@mspenelope6874]

Hundreds of new condos in CM over last 10 years. Its easier, not harder, to buy if u r a an expat. There’s alot of supply of fantastic properties but DO go thru agents like these guys bc buildings/estates attract like-nationalities. Pollution is an issue 3 mths of the year.

[@justinmcintosh6554]

Really like number 3. Nice and spacious and sweet views. And I am more into homey than trendy. Great vid

[@Hicks-g1m]

Wow those houses 🏘️ look amazing just like in America

[@longbeach225]

That is why its priced like a America. Most Thais wouldn't even bother to buy it instead they can build similar home for half the price. My Asian buddies always told me its cheaper to build but as foreigners cannot own land. Options are really limited.

[@trevoranderson747]

Real estate in Thailand is a BAD investment, period

[@ctb1977]

Condos are bad for sure. They look lovely when they're new, but don't age well. After 10 years they become run down and the rent drops

[@marcelvandenburg8737]

Ha ha ha, you're into bitcoin?

[@tripontube365]

But a foreigner can buy only an apartment in condominium which is 51% room are Thai owners. For a house or land buying, there are two ways which 1. buy in the name of company which Thai citizen’s share is at least 51% 2. Through investment which is at least 40 million THB and hold the capital at least 5 years

[@VegitoBlackk]

New viewer and subscriber. Thanks for showing me what you have . Looking to come to the area this fall. Undecided if I wanna check out Pattaya, Bangkok or Chiang Mai. If I like whichever area I choose I can stay extended. My line of work Is rotational. 4 months out of the country then 4 months off after. Thanks again 🎉🎉

[@markw3267]

I didn't think farangs were allowed to buy houses, only condos second floor and above?

[@WATCH-IT-BUSTER]

That's correct, they seem to always neglect to mention that.

[@aniwee17]

@@WATCH-IT-BUSTER most of them have Thai wives.

[@FitandFabinvestor]

Possible thru company ownership. And US citizens have an extra advantage in that regard also.

[@trevoranderson747]

@@FitandFabinvestor Still don't own the land

[@WATCH-IT-BUSTER]

@aniwee17 I have a Thai wife, which means you still don't own anything... SHE DOES.

[@AFewSightsSounds]

Thanks for the videos! We're enjoying Chiang Mai, too! Love it here 🥰

[@702Trader_man_w_no_land]

Just visited there. Cool city, went to Wat Prathat Doi Suthep along with many Temples dotted throughout the city. Also checked out the Elephant Sanctuary.

[@frederikusbos7754]

The Thai R E has been stagnant for as long as I live here in Pattaya 12 years .The only ones who make money are the R E agents . Home loans are running at 6 % . And the sales prices is not cheap any more . Houses and condos are a lousy investment here .

[@JoeyBlogs007]

It's said not to buy property in Thailand if you are a Farang. Especially if you marry a local. Laws unfavourable. You can loose it all.

[@ilikeshroomgals]

Thank you for sharing info about Thailand in english your channel is a gem.

[@bdud383]

Awesome job once again, Chris! But these are more for Reginald Bottom tooth.... What about Cheap Chris? Where would Cheap Chris be looking? What kinds of bargains are available at the 6 million and under level? Or better yet... What about local Contractors around Chiang Mai? I am looking to build in Saraphi. See you on the 21st!

[@noah5122]

You showed our house twice😂 Loveee moobaan wang tan, such a great neighborhood to live in and best city in the world😍

[@yuriyzenda5857]

Beautiful condos, of course. And great job showcasing the details. But.... prices have sadly gone up over the past 5-10 years. I first visited Thailand about 9 years ago and I think back then Chiang Mai was considered the "affordable" part of Thailand, with new construction condos for $40k-$60k. It seems those days are gone.

[@llothar68]

Bangkok fall 50% at beginning of Covid, recovered a little. CNX still has good offers but all the new developer projects are the same chinese fraud for stupid guys that just want to flip a speculation object. Maybe they will die out as the supply is so much higher than real demand. Also it was always very very difficult to sell any condos. You need to calculate at least 2 years to find someone so when you are under pressure, thats when the corrupt thais come in and take it for half the price and make the real money. Foreclosures not going to the market, they are in the hand of the local mafia.

[@seb7020]

Totally agree. Prices have definitely gone up in Nimman and Changklan area

[@rickrolls3786]

Back in 2004 a few years after a big economic crisis you could buy small condos in Chiang Mai for $10,000. They weren't anything fancy like these. They were fairly basic but perfectly adequate once you furnished it

[@llothar68]

@@rickrolls3786 You can still find good 2nd hand deals in condo projects that target local population and not foreigners. You check the banks (Bangkok Bang und Krung Thai are the largest IMHO) for forclosures.

[@J.D.Vision]

It's called gentrification. Don't worry, it will be over soon when the U.S. dollar collases.

[@DonPlaton]

Astra 2 for me! After retirement Visa I may go south for a while before I settle on a long term rental. Most likely will be Chiang Mai.

[@722guy]

390k unfurnished and 500k furnished??? thats 100k for furniture.. seems a bit much

[@patrickconnolly7799]

Everyone I know that rented and rents in Thailand, still remains thankful for that decision.

[@ukmanthailand]

That's basically meaningless as they never tried the alternative.

[@tjmctube]

Hahaha, having a "side" Thai kitchen is not a bad idea. I came home from work today and my Thai wife had just cooked pad kra prao squid. The chili in the air was overpowering. And I had just upgraded all the kitchen appliances including a new high-volume range hood.

[@jont2576]

most people looking to buy homes in thailand are single dudes,bachelors or 40 year old virgins.....why the hell do i need a 1,400 sq ft villa with swimming pool for?it feels way too ostentatious for most ordinary folks, although the price is too insanely value for money to pass up.....what i need is something that looks like this but 1/4th the size.....maybe a 3 storey apartment style building shared by a few tenants going for around 100k a unit? the irony though,most people living in first world countries can only dream of living in something this fantastic while spending most of their lives working and living in some shythole apartment.

[@federalreservebrown2507]

your positivity is contagious... I miss Thailand more after watching your vids

[@dfilion3]

To me these look nice but normal houses. So at a average Thai salary of 13$ per day...ah... ok these are for foreigners that come in Thailand to mess up the price of everything.

[@bangkokbiker3538]

Love Chiang Mai but did you say 16m for that house is good value? Definitely not good value in CM.... Less the half this price to buy land and build to your own spec.

[@jomontanee]

Even I who don’t like houses (prefer condos) Chiangmai house is LIT!! My god. ❤❤

[@joshpembers]

But who really wants to move to Thailand to live (vs just for vacation)?

[@andrewbrann6231]

I visited Phayao for 25 days. Visited Chiang Rai only. I loved it. The girl I visited from Phayao didn't like Chiang Mai but I never went there to visit

[@ElizabethAuthur23]

🤦‍♀🤦‍♀💔💔It's really difficult for one to stay afloat and make good, consistent income from all of this... I mean, the information is overwhelming. Quite tiring and on top of that I'm making losses

[@user-charlotte732]

Lol, same here... I bought at a bad time, It was literally like the 2011 crash. No regrets though we just need to be patient for things to get better... Hopefully, the good season is closing in 🤷‍♂

[@Jurgen24335]

It's happening to everyone you have to be patient... Though some people are being smart by getting a professional help✌

[@Leonhud]

You probably got your hands on the poor ones. I joined last year and I've been able to get a new house with my accumulations... Though I did it with the help of Sarah Ann Heim. I couldn't afford to mix things up with my job

[@martinweiss1757]

The same thing you are talking down on has set up a lot of people for life, you just have to be smart and stay updated. Things will fall back to normal though

[@elainecamire6704]

Wow 😮. it's surprising to hear about Sarah here. She's really made a name for herself

[@skipmcilvaine]

Chiang Mai is nice, but smoky season kills it for us. 🥵

[@tony-ce7qp]

what a great video for sure and you both are great and honest!

[@kassimkhan5524]

My first time on your channel and I must say I am totally impressed

[@สุทธิศักดิ์มธุรพงศากุล]

Now I travel to Chiang Mai Kangsadan Waterfall is very beautiful. above there are flowers and pine forests and overlooking sakura trees and a small town on the mountain Ready for a coffee shop that loves your face

[@parkerhoeppner451]

Future video could dive into the legality of buying these properties. Condo is easy but a home gets complicated

[@relaxationsounds6981]

Like you don’t own the property but leasing for 30 years and in condos they can only sell up to 49% of the units in the complex max if I read correct in Thailand?

[@Brook.007]

Remind me of my house in Chiang mai ( Mantana, Land and house ) . I sold it 3 years ago. I missed Chiang mai one of my favourite provinc.

[@mikecroucher2771]

What type of companies should I use to rent in Thailand? Short term rents- 4-6 weeks.

[@thinkcritically00]

Excellent video especially the visual map so a person can see where properties are located in conjunction with the area. I'm retired and seriously considering escaping the matrix as the US seemingly is called now and settling in Thailand. Leaning towards Chiang Mai. My only question is where to go, my expected transition will be somewhere between October -November 2023. I think I'll contact expat homes to assist with my transition.

[@andreasvictorious3991]

How's the smog at the moment?