What could your Chiang Mai property earn?

A two-bedroom rental in Chiang Mai typically achieves around €45 a night at about 60% occupancy — roughly €821 gross per month.

By property size

SizeNightly rateNights / yearGross / monthGross / year
Studio€31219€566€6,789
1 bedroom€38219€694€8,322
2 bedrooms€45219€821€9,855
3 bedrooms€59219€1,077€12,921
4+ bedrooms€72219€1,314€15,768

These are indicative market estimates for a well-presented property, not a guarantee. Actual earnings depend on your location, presentation, availability, local regulation and season. Figures are gross revenue before cleaning (around €15 per stay here), taxes, utilities and local levies.

Letting in Chiang Mai

Rules and licensing

The Hotel Act applies as elsewhere in Thailand, with under-30-day letting generally requiring a licence. Condominium by-laws commonly prohibit it.

Tourist tax

No general tourist tax at present.

How the year is shaped

November to February is the peak. Burning season from late February to April suppresses demand noticeably, and the rainy season is soft.

Who books here

A very large long-stay remote-worker segment — monthly bookings are the norm rather than the exception. Workspace and fibre wifi matter more than a pool.

Short-term rental rules change often and can differ by district, and building or condominium rules may restrict letting regardless of what the city permits. Treat this as orientation, not legal advice, and confirm the current position with the local authority before letting.

What drives the number in Chiang Mai

Peak season

Demand follows the tourist season. The best months to visit are November to February, and rates run highest then.

Typical occupancy

60% across the year for an actively managed listing — around 219 booked nights.

Cleaning

About €15 per stay, and roughly 55 stays a year at a four-night average.

Currency

Thai Baht (THB). 1 EUR = 39 THB / 1 USD = 36 THB

List it on Holistay

Publishing is free. Add a video walkthrough, set your nightly rate, and decide whether to accept offers on quiet dates. You can read the full Chiang Mai travel guide to see what guests coming here are planning around.