Properties for Sale in Ban Rai Nong Ho, Chiang Mai, Thailand

Real estate in Ban Rai Nong Ho

The Chiang Mai region in Northern Thailand is a veritable magnet for international home-buyers and investors. Ban Rai Nong Ho is a location you should seriously consider if you are searching for your dream house or an apartment for sale in an idyllic setting with stunning landscapes and lush greenery. This charming village in the Chiang Mai province, with its unique combination of mountainous terrain and traditional teakwood houses, is often referred to as the "Teakwood Village" or "Green Village" for its scenic beauty and distinctive architecture. Before reaching out to a local property broker, take some time to explore the real estate landscape of the area, what properties are available for sale in Ban Rai Nong Ho, and what the price range is for a vacation home in such an exceptional location. Get an understanding of the market trends and the unique aspects of the villas and apartments that add a touch of exclusivity. With its serene environment, breathtaking views, and a rich cultural heritage, Ban Rai Nong Ho truly offers an irresistible blend of tranquility and aesthetics for potential homeowners.

Ban Rai Nong Ho properties: Market trends overview

Ban Rai Nong Ho, situated in the heart of Chiang Mai, Thailand, is renowned for its real estate market which has experienced consistent growth in prices. This stability has enticed investors and property buyers from across the globe, predominantly from Asian countries like China, Korea and Singapore, as well as Western countries like Australia, Canada, and the UK. Ban Rai Nong Ho’s exceptional location, encapsulated by lush mountains, picturesque rice fields, and vibrant local culture, lends itself to blending a tranquil lifestyle with an active and adventurous holiday due to its proximity to numerous tourist attractions and a bustling food and night market scene in Chiang Mai city. The real estate market in Ban Rai Nong Ho offers a diverse and captivating mixture of Thai culture and the modern era. Over the years, its local authorities have focused more on the town's development, thus offering an array of property options for both local and international buyers. These options range from unique Lanna-style wooden houses, modern townhouses, condominiums to luxury villas and breath-taking penthouses with mountain views. Securing a property or condo for sale in Ban Rai Nong Ho, Chiang Mai, that suits any budget and lifestyle preferences is a straightforward process, making this mountain-ringed town increasingly inviting to foreign buyers.

Average price of a property for sale in Ban Rai Nong Ho

What is the price range you should anticipate for properties in Ban Rai Nong Ho, Chiang Mai? It's hard to give a firm figure due to various elements that could affect the pricing, such as property type, the distance to historical landmarks and local attractions, available facilities, and individual preferences (luxurious characteristics, size, convenience, etc.). The latest data indicates that the maximum listing price for property for sale in Ban Rai Nong Ho was THB 28,500 per square meter. The most costly properties can generally be found in the area nearest to the city center of Chiang Mai. Conversely, the most affordable properties, an average cost per square meter of THB 19,500, are predominantly found on the outskirts of Ban Rai Nong Ho village. The average market price for a house presently stands around THB 4,500,000.

Types of properties can you find in Ban Rai Nong Ho

Ban Rai Nong Ho, Chiang Mai, Thailand, features a varied selection of properties, including condominiums, deluxe penthouses, upscale countryside villas, and traditional Thai houses. The most desirable real estate for sale can be found in a secured residential community. Here, you can discover 3-4 bedroom condos with expansive balconies and two-storey homes each with their unique entrance, grand balconies, and individual kitchens. If you prefer, you can also opt for a contemporary villa located in an exceptional location in Ban Rai Nong Ho, Chiang Mai, which offers a remarkable view of the mountains, in close proximity to the city centre, and is simply a perfect place to reside. Much like the Spanish fincas in Mijas, the Thai houses here offer a blend of tradition and comfort that's hard to resist.