Mueang Chiang Mai, Chiang Mai
Chiang Mai, Thailand
Guide Price
$171,160
5,590,000 THB
PROPERTY TYPE
townhouse
BEDROOMS
3
BATHROOMS
3
Description
Ready to Operate Immediately Listing ID: SCH1770
Selling Price: 5.59 Million THB Usable Area: 130 sq.m. Rental Income: 32,500 THB/month (Yield 7%)
Property Details 3 Bedrooms with furniture + complete electrical appliances 3 Bathrooms with water heaters in every room Ground floor next to the road, suitable for office / shop / café Air conditioners in every room (total 4 units) Separate electricity...
Location
Open in Google MapsLiving in Chiang Mai
Street food that costs a dollar and tastes like a revelation, temples glowing gold at dawn, and a warmth — in both climate and culture — that makes leaving feel like a personal betrayal.
Visa
Destination Thailand Visa (DTV) — 5-year multiple-entry visa for remote workers, ~$275-1,150. Requires 500,000 THB (~$14,500) in savings. Each entry allows 180 days + 180-day extension. Thailand Elite Visa is the premium option — 5-20 year visa, $16,000-60,000, no income requirements.
Learn more: The Complete Guide to Moving to Thailand→Key Fact
Staying over 180 days in a calendar year makes you a Thai tax resident. The DTV is categorized as a tourist visa so it does not automatically trigger tax obligations, but the 180-day rule still applies. Private healthcare is excellent and cheap (~$50 for a doctor visit).
Learn more: The Cheapest Cities to Live Abroad→Thailand at a glance
How Thailand scores for American expats
Cost of buying in Thailand
Estimated fees and ongoing costs for this property
Closing Costs
3-6% of purchase price
- ·Transfer fee: 2% (often split)
- ·Stamp duty: 0.5%
- ·Withholding tax: 1%
- ·Specific business tax: 3.3% (if owned < 5 years)
Annual Costs
Property Tax
0.01-0.1% of assessed value (very low)
Insurance
฿3,000-8,000/yr
HOA / Condo Fees
฿2,000-8,000/mo for condos
Good to Know
Agent Fees
Seller pays (3-5%)
Foreign Buyer Note
Foreigners CANNOT own land. Can own condo units (max 49% foreign quota per building). Houses require leasehold or Thai company structure.
Legal help in Thailand
Hire your own attorney — not the seller's. We'll match you with a vetted local lawyer.
Need a local attorney in Thailand?
We'll connect you with an independent, English-speaking real estate attorney experienced with foreign buyers. Not the seller's lawyer — yours.
Contact Agent
HT Property
Next steps for moving to Thailand
Interested in this property? Here's how to move forward.
Understand the buying rules
Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.
Sort out your visa
Owning property doesn't give you the right to live there. Research residency options before you buy.
Plan your finances
Understand currency risk, international wire transfers, and whether you can get a local mortgage.
Know your tax obligations
US citizens are taxed on worldwide income. You'll need to file US taxes from abroad and may owe local taxes too.
Set up healthcare
Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.
Run the full checklist
Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.
thailand-property.com
THB