There are lots of factors that attract real estate investors to Hua Hin.
The weather, long sandy beaches, good shopping options, the area & international restaurants along with visiting the night markets and its relatively competitive prices on houses and condos when compared with Bangkok, Phuket, Koh Samui or Pattaya.
Distance wise, it is also only two to two.5 hours drive from Bangkok around the mostly multi lane highways.
The town's atmosphere - being royal and sort of "low key" so people who dislike active nightlife such as in Phuket and Pattaya will see Hua Hin a refreshing alternative. Its closeness to national parks, for example Sam Roy Yod and Kaeng Krachang is another major plus.
Hua Hin is also progressively more "international" with English speaking hospitals, and supermarkets which sell various local/foreign foods and goods. To help absorb new housing developments around town, there is also a desire for improvements in areas such as water supplies, sewage system, flood prevention system etc. The good news is these projects are all the main election platform with the newly elected mayor of Hua Hin. Therefore, don't be surprised some improvements in the near future to this rapidly growning beach town.
Hua Hin has long been popular amongst Scandinavian property buyers. Other nationalities include Germans, English, Dutch who are looking to purchase retirement and holiday homes.
Additionally there is a large market for Thai purchasers who see Hua Hin like a close weekend getaway from Bangkok and a very good chance for ordering an extra home.
Among the current trends will be the emergence of luxury villas here. Hua Hin accustomed to give attention to low to mid range properties between 2 -7 million baht, however, we have now see additional new launches of luxurious villas and condominiums selling for more than 15 million recently.
We're also witnessing new kinds of properties including short stay serviced apartments, condos with full rental management, resort ownership with rental income guarantee, fractional ownership, etc. Most of the industry is inside their 40s and 50s yet still working, thus they're able to only spend a month of the season residing in their properties, but require some form of rental income to absorb the continuing maintenance costs and hopefully create a little extra cash to cover the airfare and with your own money expenses. Thus, the very idea of renting out their holiday home is an incredibly attractive choice for them and something that is just as one increasing motivation for foreign buyers to appear to Hua Hin when investing in Thailand property.
Maddy Barber may be the co-founder of Hua Hin Finder, a real estate agency specialising in Hua Hin property rentals, and also condo sales. The business has become finding homes for expats in Hua Hin, Thailand for upwards of 5 years now and if you are looking to purchase or rent home in this serene beach town, just A couple of hours drive from Bangkok, it will be here.
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