There are several factors that attract property investors to Hua Hin.
The climate, long sandy beaches, good shopping options, the area & international restaurants along with seeing the night markets and its relatively competitive prices on houses and condos in comparison with Bangkok, Phuket, Koh Samui or Pattaya.
Distance wise, it's also only two to 2.5 hours drive from Bangkok on the mostly multi lane highways.
The town's atmosphere - being royal and type of "low key" so those who can't stand active nightlife for example in Phuket and Pattaya will see Hua Hin a refreshing alternative. Its proximity to nature, including Sam Roy Yod and Kaeng Krachang can be another major plus.
Hua Hin can be progressively more "international" with English speaking hospitals, and supermarkets which sell a variety of local/foreign foods and goods. To help absorb new housing developments in town, there's also a requirement of improvements in areas including water supplies, sewage system, flood prevention system etc. The good thing is that these projects are typical area of the election platform in the newly elected mayor of Hua Hin. Therefore, we can expect some improvements in the future for this rapidly growning beach town.
Hua Hin has long been very well liked amongst Scandinavian property buyers. Other nationalities include Germans, English, Dutch who're looking to acquire retirement and holiday homes.
Additionally there is a large niche for Thai purchasers who see Hua Hin as being a close weekend getaway from Bangkok and an excellent chance of the purchase of an additional home.
Among the current trends could be the emergence of luxury villas here. Hua Hin utilized to give attention to low to mid-range properties between 2 -7 million baht, however, supermarket see more new launches of luxurious villas and condominiums selling for upwards of 15 million recently.
We're also witnessing newer and more effective kinds of properties such as serviced apartments, condos with full rental management, resort ownership with rental income guarantee, fractional ownership, etc. A lot of the customers are of their 40s and 50s yet still working, thus they are able to only spend a couple weeks of year staying in their properties, but require some sort of rental income to soak up the maintenance costs and hopefully come up with a little bit of extra earnings to fund the airfare and with your own money expenses. Thus, the concept of renting out their holiday house is a really attractive choice for them then one which is as an increasing motivation for foreign buyers to take a look to Hua Hin when purchasing Thailand property.
Maddy Barber may be the co-founder of Hua Hin Finder, a real estate agency specialising in Hua Hin property rentals, along with condo sales. The company continues to be finding homes for expats in Hua Hin, Thailand for over Several years now and regardless if you are looking to purchase or rent a home in this serene beach town, just A couple of hours drive from Bangkok, you will find it here.
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