There are numerous factors that attract property investors to Hua Hin.
The climate, long sandy beaches, good shopping options, the neighborhood & international restaurants and also seeing the night markets and its relatively huge discounts on houses and condos in comparison with Bangkok, Phuket, Koh Samui or Pattaya.
Distance wise, it is also only 2 to 2.5 hours drive from Bangkok around the mostly multi lane highways.
The town's atmosphere - being royal and sort of "low key" so people who don't like active nightlife including in Phuket and Pattaya will find Hua Hin a refreshing alternative. Its proximity to national parks, such as Sam Roy Yod and Kaeng Krachang is a major plus.
Hua Hin can be increasingly "international" with English speaking hospitals, and supermarkets which sell a variety of local/foreign foods and goods. To help absorb new housing developments in the city, there's also a dependence on improvements in areas for example water supplies, sewage system, flood prevention system etc. The good news is that these projects are the main election platform in the newly elected mayor of Hua Hin. Therefore, expect some improvements sooner to this rapidly growning beach town.
Hua Hin is definitely very well liked amongst Scandinavian property buyers. Other nationalities include Germans, English, Dutch that are thinking of buying retirement and holiday homes.
Additionally there is a large marketplace for Thai purchasers who see Hua Hin being a close weekend getaway from Bangkok and a very good chance for buying an extra home.
One of the current trends will be the emergence of luxury villas here. Hua Hin employed to concentrate on 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 over 15 million recently.
We're also witnessing some new types of properties for example serviced apartments, condos with full rental management, resort ownership with rental income guarantee, fractional ownership, etc. Lots of the customers are of their 40s and 50s but still working, thus they're able to only spend a month of the year residing in their properties, but require some sort of rental income to take in the ongoing maintenance costs and hopefully make a amount of extra revenue to fund the airfare and up front expenses. Thus, the concept of renting out their holiday property is a very attractive choice for them and one that's as an increasing motivation for foreign buyers to appear to Hua Hin when purchasing Thailand property.
Maddy Barber will be the co-founder of Hua Hin Finder, a real estate agency specialising in Hua Hin property rentals, along with condo sales. The agency may be finding homes for expats in Hua Hin, Thailand for upwards of Several years now and regardless if you are thinking of buying or rent a house within this serene beach town, just Couple of hours drive from Bangkok, it will be here.
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