There are numerous factors that attract real estate investors to Hua Hin.
The climate, long sandy beaches, good shopping options, a nearby & international restaurants and also 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 is also only two to two.5 hours drive from Bangkok on the mostly multi lane highways.
The town's atmosphere - being royal and sort of "low key" so those who don't like active nightlife such as in Phuket and Pattaya will find Hua Hin a refreshing alternative. Its closeness to nature, for example Sam Roy Yod and Kaeng Krachang can be another major plus.
Hua Hin can be increasingly "international" with English speaking hospitals, and supermarkets which sell a number of local/foreign foods and goods. To increase absorb new housing developments in town, additionally there is a dependence on improvements in areas for example water supplies, sewage system, flood prevention system etc. The good news is these projects are common area of the election platform of the newly elected mayor of Hua Hin. Therefore, we can expect some improvements sooner to this rapidly growning beach town.
Hua Hin has always been very well liked amongst Scandinavian property buyers. Other nationalities include Germans, English, Dutch who're thinking about purchasing retirement and holiday homes.
Gleam large marketplace for Thai purchasers who see Hua Hin like a close weekend getaway from Bangkok and a good opportunity for ordering an extra home.
Among the current trends may be the emergence of luxury villas here. Hua Hin accustomed to focus on low to mediocre properties between 2 -7 million baht, however, supermarket see a lot more new launches of luxurious villas and condominiums selling for over 15 million recently.
Were also witnessing result-oriented varieties of properties like serviced apartments, condos with full rental management, resort ownership with rental income guarantee, fractional ownership, etc. Lots of the clients are in their 40s and 50s yet still working, thus they could only spend 2-3 weeks of this year residing in their properties, but require some kind of rental income to take in the continued maintenance costs and hopefully make a little bit of extra earnings to fund the airfare and with your own money expenses. Thus, the idea of renting out their holiday residence is an extremely attractive selection for them and one that is certainly as a possible increasing motivation for foreign buyers to check to Hua Hin when investing in Thailand property.
Maddy Barber will be the co-founder of Hua Hin Finder, a true estate agency specialising in Hua Hin property rentals, and also condo sales. The agency may be finding homes for expats in Hua Hin, Thailand more than A few years now and whether you're looking to purchase or rent home in this serene beach town, just Couple of hours drive from Bangkok, you will find it here.
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