Buying Chiang Mai Property for School-Age Children — Investing in Your Family's Future

Buying Chiang Mai Property for School-Age Children — Investing in Your Family's Future

Buying property in Chiang Mai for school-age children is a double-layer investment — in your child's education and in a value-appreciating asset simultaneously.

Key Family Groups

Group 1: Parents sending children to Chiang Mai international schools — from Bangkok, other provinces, or abroad, buying a home or condo for the child and parent/guardian
Group 2: Families relocating entirely to Chiang Mai — attracted by quality of life, good schools, and child-friendly environment
Group 3: Parents buying ahead of need — children still young, buying now and renting the property until ready to use

Timeline Planning

Before school age (0-6 years): Buy now and rent out for income while the property appreciates

During school years (6-18 years): Move in or have child stay — no rent payment to others

After graduation: Sell with Capital Gain, continue renting for Passive Income, or pass on as inheritance

Best Property Types

Full-time family residence: 3-4 bedroom estate house, near school, safe, with play space — THB 3,500,000-10,000,000
Study-period accommodation: 2-3 bedroom condo near school — THB 2,000,000-5,000,000
Investor rental-first approach: 2-3 bedroom condo in high-family-demand area — Gross Yield 5-7%

Best Locations

Hang Dong (top for international school families): CMIS is located here, large houses with gardens, reasonable prices
Around CMU, Huay Kaew: Near Lanna School and other quality schools, near hospitals
Chang Phueak: Near BCIS and several reputable schools, quiet neighborhood for children

Long-Term Return Calculation

Example: Buy house for THB 5,000,000 in Hang Dong when child is age 3

5 years rental: THB 20,000/month = THB 1,200,000 income
House value at year 5 (6%/year): THB 6,691,000
Child moves in at age 8 — avoid 10 years' rent: saves approximately THB 2,400,000
House value at child's age 18 (6%/year from purchase): approximately THB 8,954,000

Total: home + THB 1.2M rental income + THB 2.4M rent savings + THB 3.95M Capital Gain

MORE Value. MORE Trust. Always.
Contact us today for a free consultation:
Line: @morecm | www.morepropertycm.co.th
Aurakanya: +66 83-236-9428
Eknarin: +66 96-236-9745