There are many factors that attract real estate investors to Hua Hin.
The weather, long sandy beaches, good shopping options, the local & international restaurants and also visiting the night markets and it is relatively competitive prices on houses and condos compared to Bangkok, Phuket, Koh Samui or Pattaya.
Distance wise, it is usually only 2 to 2.5 hours drive from Bangkok for the mostly multi lane highways.
The town's atmosphere - being royal and kind of "low key" so those who can't stand active nightlife like in Phuket and Pattaya will find Hua Hin a refreshing alternative. Its close proximity to national parks, like Sam Roy Yod and Kaeng Krachang can be another major plus.
Hua Hin is also becoming more "international" with English speaking hospitals, and supermarkets which sell a number of local/foreign foods and goods. To further absorb new housing developments in town, additionally there is a desire for improvements in areas like water supplies, sewage system, flood prevention system etc. Thankfully the projects are the main election platform in the newly elected mayor of Hua Hin. Therefore, expect some improvements in the near future for this rapidly growning beach town.
Hua Hin is definitely very popular amongst Scandinavian property buyers. Other nationalities include Germans, English, Dutch that are thinking about purchasing retirement and holiday homes.
Gleam large niche for Thai purchasers who see Hua Hin like a close weekend getaway from Bangkok and a good potential for purchasing another home.
Among the current trends could be the emergence of luxury villas here. Hua Hin accustomed to concentrate on low to mid-range properties between 2 -7 million baht, however, we now see more new launches of luxurious villas and condominiums selling more than 15 million recently.
We have been also witnessing some new types of properties including serviced apartments, condos with full rental management, resort ownership with rental income guarantee, fractional ownership, etc. Many of the industry is of their 40s and 50s whilst still being working, thus they're able to only spend a few weeks of the season remaining in their properties, but require some type of rental income to absorb the continued maintenance costs and hopefully make a little bit of extra cash to cover the airfare and out of pocket expenses. Thus, the idea of renting out their holiday house is an extremely attractive decision for them and one which is as an increasing motivation for foreign buyers to look to Hua Hin when investing in Thailand real estate property.
Maddy Barber could be the co-founder of Hua Hin Finder, a genuine estate agency specialising in Hua Hin property rentals, as well as condo sales. The company has become finding homes for expats in Hua Hin, Thailand for upwards of Five years now and whether you're thinking of buying or rent home on this serene beach town, just 2 hours drive from Bangkok, you will find it here.
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