There are many factors that attract property investors to Hua Hin.
The weather, long sandy beaches, good shopping options, the area & international restaurants in addition to seeing 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 also only two to two.5 hours drive from Bangkok about the mostly multi lane highways.
The town's atmosphere - being royal and kind of "low key" so people that do not like active nightlife for example in Phuket and Pattaya will see Hua Hin a refreshing alternative. Its close proximity to national parks, such as Sam Roy Yod and Kaeng Krachang is another 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 expand absorb new housing developments in town, gleam requirement of improvements in areas including water supplies, sewage system, flood prevention system etc. Thankfully the projects are all part of the election platform in the newly elected mayor of Hua Hin. Therefore, don't be surprised some improvements in the future 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 will be thinking of buying retirement and holiday homes.
Additionally there is a large niche for Thai purchasers who see Hua Hin as a close weekend getaway from Bangkok and an excellent chance of purchasing a second home.
One of the current trends is the emergence of luxury villas here. Hua Hin accustomed to target low to mediocre properties between 2 -7 million baht, however, we have now see additional new launches of luxurious villas and condominiums selling more than 15 million recently.
We're also witnessing result-oriented forms of properties including serviced apartments, condos with full rental management, resort ownership with rental income guarantee, fractional ownership, etc. Many of the clients are in their 40s and 50s whilst still being working, thus they could only spend 2-3 weeks of the year remaining in their properties, but require some sort of rental income to absorb the continued maintenance costs and hopefully create a amount of extra revenue to purchase the airfare and up front expenses. Thus, the concept of renting out their holiday property is an incredibly attractive decision for them and one that's as a possible increasing motivation for foreign buyers to take a look to Hua Hin when investing in Thailand real estate property.
Maddy Barber is the co-founder of Hua Hin Finder, a true estate agency specialising in Hua Hin property rentals, and also condo sales. The company has become finding homes for expats in Hua Hin, Thailand for over Several years now and regardless if you are thinking of 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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