Hello everyone,
I've been researching investment opportunities in Chiang Mai. The city seems to have a lot of potential, especially with its growing expat community. Has anyone here invested in Chiang Mai? What areas would you recommend? Any insights on the ROI?
I have a rental property in the Old City, and it’s been a solid investment. The cultural appeal of the area attracts a lot of tourists. Make sure to check the local regulations about renting to tourists if that’s your target market. I’ve found that short-term rentals yield higher returns, but they require more management.