Chiang Mai Commercial Real Estate | Hotels, Resorts & Businesses

Explore Chiang Mai Real Estate ? Future Resort Property for Investment
For Sale & Rent
33,000,000 THB
150000

Explore Chiang Mai Real Estate ? Future Resort Property for Investment

Nam Bo Luang
,
San Pa Tong
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23
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28
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1200
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1000
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Chiang Mai Boutique Hotel for Sale | Prime Location, 18 Rooms 60M THB
For Sale
60,000,000 THB

Chiang Mai Boutique Hotel for Sale | Prime Location, 18 Rooms 60M THB

Chang Phueak
,
Mueang Chiang Mai
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18
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18
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800
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325
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Business Opportunity in San Kamphaeng, Chiang Mai
For Sale
15,900,000 THB

Business Opportunity in San Kamphaeng, Chiang Mai

San Kamphaeng
,
San Kamphaeng
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6
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10
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350
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233
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For Sale Prime Commercial Property in Chiang Mai
For Sale
35,000,000 THB

For Sale Prime Commercial Property in Chiang Mai

Suthep
,
Mueang Chiang Mai
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10
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415
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450
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Office Building Complex | 672 Sqm Space | Investment Opportunity
For Sale
13,500,000 THB

Office Building Complex | 672 Sqm Space | Investment Opportunity

Chang Phueak
,
Mueang Chiang Mai
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2
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5
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672
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76
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Can a foreigner own commercial land in Thailand?

Similar to residential land, Thai law prohibits foreigners from directly owning commercial land. The two most secure methods are a registered 30-year commercial leasehold or structuring the purchase through a properly-formed Thai Limited Company. Note that lease renewals aren't automatic under Thai law, regardless of what's written into the original contract — see our land ownership FAQ for the full detail on how renewals actually work. It is essential to seek professional legal advice to ensure your investment is structured correctly and securely.

What are the best areas for a commercial investment in Chiang Mai?

The best area depends on the business type. The Old City and the Night Bazaar (Chang Khlan) areas are prime for tourism and hospitality businesses. Nimmanhaemin Road is the top choice for trendy cafes, restaurants, and retail. For larger businesses or those needing logistical access, the areas along the Super Highway and outer ring roads are ideal.

If I buy a hotel or guesthouse in Chiang Mai, can I operate it myself as a foreigner?

Owning the commercial property is a separate question from operating the business. Many business activities — including some hospitality and retail operations — are restricted to Thai-majority ownership under the Foreign Business Act, and operating them as a foreigner typically requires a Thai-majority company structure, a Foreign Business License, or BOI promotion. The property purchase and the business operating license are two distinct legal processes, so confirm the licensing path for your specific business type with a Thai commercial lawyer before you commit.

Why Chiang Mai is a Great Place for Business