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Troost39 Thrift Stor Group

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Three years of renting in Chiang Mai, and this spring I finally added the years together. A one-bed near Nimman at 15,000 baht a month came to roughly the price of a small studio over two years, and none of it was mine.

Two rules I did not know before looking. Foreigners cannot own land in Thailand, only condominium units, and a building may sell no more than 49% of its area to foreigners - that cap is per building, so in popular blocks it is long gone. And older resale buildings usually have the expensive common-area repairs behind them, but ageing lifts and pumps come out of the owners' sinking fund, so ask what is in that fund before discussing price.

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Adding the site I used while comparing districts, in case it helps: https://thailand-real.estate/ - Nimman, the old city and Hang Dong turned out to be three different price levels within twenty minutes.

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