There are lots of factors that attract property investors to Hua Hin.
The weather, long sandy beaches, good shopping options, the area & international restaurants and also seeing the night markets and it is relatively huge discounts on houses and condos in comparison to Bangkok, Phuket, Koh Samui or Pattaya.
Distance wise, it is usually only 2 to two.5 hours drive from Bangkok for the mostly multi lane highways.
The town's atmosphere - being royal and sort of "low key" so those who do not like active nightlife such as in Phuket and Pattaya will find Hua Hin a refreshing alternative. Its proximity to nature, for example Sam Roy Yod and Kaeng Krachang is a major plus.
Hua Hin can also be increasingly "international" with English speaking hospitals, and supermarkets which sell many different local/foreign foods and goods. To help absorb new housing developments in town, there's also a desire for improvements in areas like water supplies, sewage system, flood prevention system etc. The good news is these projects are area of the election platform from the newly elected mayor of Hua Hin. Therefore, don't be surprised some improvements in the near future to this particular rapidly growning beach town.
Hua Hin has always been very well liked amongst Scandinavian property buyers. Other nationalities include Germans, English, Dutch who're looking to acquire retirement and holiday homes.
There is also a large niche for Thai purchasers who see Hua Hin like a close weekend getaway from Bangkok and a very good opportunity for buying an extra home.
One of many current trends may be the emergence of luxury villas here. Hua Hin accustomed to concentrate on low to mid-range properties between 2 -7 million baht, however, supermarket see many more new launches of luxurious villas and condominiums selling for more than 15 million recently.
We have been also witnessing result-oriented types of properties such as serviced apartments, condos with full rental management, resort ownership with rental income guarantee, fractional ownership, etc. Most of the industry is within their 40s and 50s but still working, thus they can only spend a few weeks of year residing in their properties, but require some kind of rental income to take in the ongoing maintenance costs and hopefully create a amount of additional income to cover the airfare and with your own money expenses. Thus, the idea of renting out their holiday house is a really attractive choice for them the other that is certainly becoming an increasing motivation for foreign buyers to look to Hua Hin when investing in Thailand real estate.
Maddy Barber may be the co-founder of Hua Hin Finder, a real estate agency specialising in Hua Hin property rentals, and also condo sales. The company has become finding homes for expats in Hua Hin, Thailand for upwards of A few years now and whether you are thinking of buying or rent a house with this serene beach town, just A couple of hours drive from Bangkok, it will be here.
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