There are numerous factors that attract real estate investors to Hua Hin.
The climate, long sandy beaches, good shopping options, the local & international restaurants in addition to visiting the night markets and its particular 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 for the mostly multi lane highways.
The town's atmosphere - being royal and type of "low key" so people that do not like active nightlife for example in Phuket and Pattaya will quickly realize Hua Hin a refreshing alternative. Its closeness to national parks, including Sam Roy Yod and Kaeng Krachang is a major plus.
Hua Hin can be more and more "international" with English speaking hospitals, and supermarkets which sell a number of local/foreign foods and goods. To help absorb new housing developments in town, there is also a desire for improvements in areas including water supplies, sewage system, flood prevention system etc. Thankfully why these projects are the main election platform of the newly elected mayor of Hua Hin. Therefore, expect some improvements soon to the 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 marketplace 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 the current trends will be the emergence of luxury villas here. Hua Hin utilized to target low to mid-range properties between 2 -7 million baht, however, we now see many more new launches of luxurious villas and condominiums selling for over 15 million recently.
We are also witnessing some new kinds of properties like short stay serviced apartments, condos with full rental management, resort ownership with rental income guarantee, fractional ownership, etc. Most of the company is within their 40s and 50s but still working, thus they are able to only spend a few weeks of the year residing in their properties, but require some kind of rental income to take in the ongoing maintenance costs and hopefully create a little bit of extra cash to pay for the airfare and with your own money expenses. Thus, the thought of renting out their holiday property is a very attractive option for them the other that is certainly becoming an increasing motivation for foreign buyers to appear to Hua Hin when you buy Thailand property.
Maddy Barber may be the co-founder of Hua Hin Finder, a real estate agency specialising in Hua Hin property rentals, in addition to condo sales. The agency continues to be finding homes for expats in Hua Hin, Thailand for upwards of A few years now and if you are thinking about buying or rent home in this serene beach town, just A couple of hours drive from Bangkok, you will find it here.
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