There are several factors that attract property investors to Hua Hin.
The climate, long sandy beaches, good shopping options, a nearby & international restaurants along with going to the night markets as well as relatively huge discounts on houses and condos in comparison to Bangkok, Phuket, Koh Samui or Pattaya.
Distance wise, it is usually only two to two.5 hours drive from Bangkok for the mostly multi lane highways.
The town's atmosphere - being royal and kind of "low key" so people who do not like active nightlife like in Phuket and Pattaya will see Hua Hin a refreshing alternative. Its proximity to national parks, including 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 a number of local/foreign foods and goods. To help absorb new housing developments around town, gleam requirement for improvements in areas including water supplies, sewage system, flood prevention system etc. Fortunately why these projects are common part of the election platform in the newly elected mayor of Hua Hin. Therefore, expect some improvements in the future for this rapidly growning beach town.
Hua Hin happens to be popular amongst Scandinavian property buyers. Other nationalities include Germans, English, Dutch who are looking to purchase retirement and holiday homes.
There's also a large niche for Thai purchasers who see Hua Hin as a close weekend getaway from Bangkok and an excellent opportunity for ordering an additional home.
One of many 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, we have now see more new launches of luxurious villas and condominiums selling more than 15 million recently.
We're also witnessing some new forms 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 yet still working, thus they're able to only spend a few weeks of year keeping their properties, but require some form of rental income to absorb the ongoing maintenance costs and hopefully make a amount of extra revenue to fund the airfare and up front expenses. Thus, the concept of renting out their holiday property is a really attractive choice for them the other that's as an increasing motivation for foreign buyers to appear to Hua Hin when purchasing Thailand real estate 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 agency has become finding homes for expats in Hua Hin, Thailand more than Several years now and whether you're thinking about 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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