There are lots of factors that attract real estate investors to Hua Hin.
The climate, long sandy beaches, good shopping options, the local & international restaurants as well as visiting the night markets as well as relatively huge discounts on houses and condos in comparison to Bangkok, Phuket, Koh Samui or Pattaya.
Distance wise, additionally it is 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 individuals who can't stand active nightlife like in Phuket and Pattaya will see Hua Hin a refreshing alternative. Its proximity to nature, like Sam Roy Yod and Kaeng Krachang is another major plus.
Hua Hin is additionally becoming 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 the city, there is also a requirement of improvements in areas such as 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 extremely popular amongst Scandinavian property buyers. Other nationalities include Germans, English, Dutch who will be looking to acquire retirement and holiday homes.
There's also a large industry for Thai purchasers who see Hua Hin as being a close weekend getaway from Bangkok and a good opportunity for buying an additional home.
One of the current trends is the emergence of luxury villas here. Hua Hin utilized to target low to middle range properties between 2 -7 million baht, however, supermarket see many more new launches of luxurious villas and condominiums selling for upwards of 15 million recently.
We are also witnessing newer and more effective forms of properties for example short stay serviced apartments, condos with full rental management, resort ownership with rental income guarantee, fractional ownership, etc. Most of the customers are inside their 40s and 50s yet still working, thus they could only spend a few weeks of the season residing in their properties, but require some kind of rental income to soak up the maintenance costs and hopefully create a little bit of extra earnings to fund the airfare and a lot poorer expenses. Thus, the thought of renting out their holiday property is a really attractive choice for them the other which is as a possible increasing motivation for foreign buyers to appear to Hua Hin when purchasing Thailand real-estate.
Maddy Barber is the co-founder of Hua Hin Finder, a genuine estate agency specialising in Hua Hin property rentals, along with condo sales. The company has become finding homes for expats in Hua Hin, Thailand more than 5 years now and regardless if you are thinking about buying or rent home within this serene beach town, just A couple of hours drive from Bangkok, it will be here.
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