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Development in Chiang Mai
Chiang Mai offers a great range of attractions; Mountains, forests and a tropical climate makes this city sprinkling. Culture & folklore are a wonderful addition to a peaceful community. Being a very popular holiday and retirement destinations in South East Asia, Chiang Mai is widely considered to be the ‘Spain of the East’ and has already attracted significant foreign real estate investment.
Today Chiang Mai has possession of an excellent infrastructure and world-class facilities like hotels and resorts. Relative low expenses of life, fuels the expectation that property prices will continue an upward trend, contrary to the downward tendency all over the world. People buy in Chiang Mai for a number of reasons; from capital investments, to holiday rentals (with a long-term view of capital appreciation), to personal use as a holiday or retirement home. The relatively undiscovered nature of Chiang Mai, means that property prices remain below those in the more established Asian and European markets, although the Chiang Mai property market is growing quickly (around 10-15% net, a year). This increase in value, together with an eventual rental potential (approx. 4% of the invested sum per year) are due to the ever-expanding tourist and retirement market. Demand is even more growing, supported by increased government spending on marketing the attractions, climate and the geography of Chiang Mai. On top of this, there is no capital gains tax for private investors and very low ongoing costs.That’s why the idea of owning a retirement, holiday or rental property in Chiang Mai is gaining popularity; it seems investors are tired of the swoops and swoons of the stock market, as the housing and rental business is an option for a solid way to build wealth. Finding a profitable rental property usually takes time, connections and plenty of research. Paradise Development and Real Estate Co., Ltd. could be helpful to you by offering our luxurious Star and Paradise Villa’s, located in our nice small Paradise Project, not to far from Chiang Mai town. Our Paradise Project settles in between two famous golf courses; The Chiang Mai Lamphun Golf (5km) and the Chiang Mai Highlands Golf & Spa Resort (10km) and in addition we offer a complete rental service in change for 20% of the net. rental price for short term lease, or a fee equivalent to 1 month rental sum in case of a one year lease.
Paradise Project,
Chiang Mai, Thailand
A True Paradise
Peaceful Atmosphere
Located nearby San Kamphaeng behind a large lake, the homes are interspersed between ponds and forested mountains. The idyllic garden design creates plenty of space for the lifestyle of your dreams and close to nature.
Captivating Style
Ultimate atmosphere combined with refined Oriental ambience and Western comfort. Spacious living rooms, fully fitted kitchen, bathrooms en suite and bedrooms with built-in wardrobes make it easy and comfortable to live in.
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Situated at 20 minutes from the northern cultural centre Chiang Mai and just 2 kilometers from the famous Alpine Golf Resort