There are many factors that attract real estate investors to Hua Hin.
The weather, long sandy beaches, good shopping options, the local & international restaurants in addition to visiting the night markets as well as relatively huge discounts on houses and condos compared to Bangkok, Phuket, Koh Samui or Pattaya.
Distance wise, it's also only two to two.5 hours drive from Bangkok on the mostly multi lane highways.
The town's atmosphere - being royal and type of "low key" so people who dislike active nightlife for example in Phuket and Pattaya will discover Hua Hin a refreshing alternative. Its closeness to nature, for example Sam Roy Yod and Kaeng Krachang is also a major plus.
Hua Hin is additionally more and more "international" with English speaking hospitals, and supermarkets which sell a variety of local/foreign foods and goods. To further absorb new housing developments around town, gleam requirement for improvements in areas like water supplies, sewage system, flood prevention system etc. The good thing is that these projects are typical area of the election platform with the newly elected mayor of Hua Hin. Therefore, expect some improvements in the near future to the rapidly growning beach town.
Hua Hin happens to be very popular amongst Scandinavian property buyers. Other nationalities include Germans, English, Dutch that are thinking of buying retirement and holiday homes.
Additionally there is a large market for Thai purchasers who see Hua Hin as a close weekend getaway from Bangkok and an excellent chance for ordering a second home.
One of many current trends could be the emergence of luxury villas here. Hua Hin used to concentrate on low to mid-range properties between 2 -7 million baht, however, supermarket see a lot more new launches of luxurious villas and condominiums selling for upwards of 15 million recently.
Were also witnessing result-oriented kinds of properties for example short stay serviced apartments, condos with full rental management, resort ownership with rental income guarantee, fractional ownership, etc. Many of the customers are within their 40s and 50s yet still working, thus they could only spend a month of the season staying in their properties, but require some type of rental income to absorb the maintenance costs and hopefully come up with a little bit of additional income to cover the airfare and with your own money expenses. Thus, the very idea of renting out their holiday residence is an extremely attractive selection for them the other that is certainly just as one increasing motivation for foreign buyers to take a look to Hua Hin when purchasing Thailand real-estate.
Maddy Barber will be the co-founder of Hua Hin Finder, a true estate agency specialising in Hua Hin property rentals, in addition to condo sales. The business may be finding homes for expats in Hua Hin, Thailand for upwards of 5 years now and whether you're thinking about buying or rent home with this serene beach town, just Couple of hours drive from Bangkok, you will find it here.
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