Property Prices in Chiang Mai, Thailand
| Index |  |
|---|---|
| Price to Income Ratio: | 11.58 |
| Mortgage as Percentage of Income: | 91.68% |
| Loan Affordability Index: | 1.09 |
| Price to Rent Ratio - City Centre: | 22.82 |
| Price to Rent Ratio - Outside of Centre: | 21.26 |
| Gross Rental Yield (City Centre): | 4.38% |
| Gross Rental Yield (Outside of Centre): | 4.70% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 13,659.15 ฿ | |
| Apartment (1 bedroom) Outside of Centre | 7,593.75 ฿ | |
| Apartment (3 bedrooms) in City Centre | 25,375.00 ฿ | |
| Apartment (3 bedrooms) Outside of Centre | 15,636.36 ฿ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 6,410.26 ฿ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 3,483.84 ฿ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 23,000.00 ฿ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.00 |
These data are based on 111 entries in the past 18 months from 28 different contributors.
Last update: February 2025
Sources and References
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