There are numerous factors that attract property investors to Hua Hin.
The climate, long sandy beaches, good shopping options, a nearby & international restaurants as well as going to the night markets and it is relatively competitive prices on houses and condos in comparison to Bangkok, Phuket, Koh Samui or Pattaya.
Distance wise, it is usually 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 like in Phuket and Pattaya will quickly realize Hua Hin a refreshing alternative. Its close proximity to nature, including Sam Roy Yod and Kaeng Krachang is another major plus.
Hua Hin can be becoming more "international" with English speaking hospitals, and supermarkets which sell a variety of local/foreign foods and goods. To help expand absorb new housing developments in the city, additionally there is a requirement for improvements in areas such as water supplies, sewage system, flood prevention system etc. The good thing is the projects are typical area of the election platform from the newly elected mayor of Hua Hin. Therefore, we can expect some improvements in the future to the rapidly growning beach town.
Hua Hin happens to be very popular amongst Scandinavian property buyers. Other nationalities include Germans, English, Dutch who will be looking to purchase retirement and holiday homes.
Additionally there is a large marketplace for Thai purchasers who see Hua Hin as a close weekend getaway from Bangkok and a very good potential for the purchase of a second home.
One of several current trends could be the emergence of luxury villas here. Hua Hin employed to concentrate on low to mediocre properties between 2 -7 million baht, however, we have now see many more new launches of luxurious villas and condominiums selling for over 15 million recently.
We have been also witnessing new types of properties such as serviced apartments, condos with full rental management, resort ownership with rental income guarantee, fractional ownership, etc. Most of the customers are within their 40s and 50s but still working, thus they're able to only spend a couple weeks of this year keeping their properties, but require some form of rental income to take in the continued maintenance costs and hopefully make a little extra revenue to cover the airfare and out of pocket expenses. Thus, the idea of renting out their holiday property is a very attractive option for them and one which is as an increasing motivation for foreign buyers to take a look to Hua Hin when you buy Thailand property.
Maddy Barber could be the co-founder of Hua Hin Finder, an actual estate agency specialising in Hua Hin property rentals, along with condo sales. The agency has become finding homes for expats in Hua Hin, Thailand more than Several years now and whether you're thinking of buying or rent a home on this serene beach town, just Two hours drive from Bangkok, it will be here.
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