There are many factors that attract property investors to Hua Hin.
The climate, long sandy beaches, good shopping options, the neighborhood & international restaurants as well as seeing the night markets and its relatively competitive prices on houses and condos compared to Bangkok, Phuket, Koh Samui or Pattaya.
Distance wise, additionally it is 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 can't stand active nightlife such as in Phuket and Pattaya will discover Hua Hin a refreshing alternative. Its close proximity to nature, such as Sam Roy Yod and Kaeng Krachang is also a major plus.
Hua Hin can be increasingly "international" with English speaking hospitals, and supermarkets which sell various local/foreign foods and goods. To help expand absorb new housing developments in town, there is also a requirement of improvements in areas including water supplies, sewage system, flood prevention system etc. The good news is that these projects are typical the main election platform of the newly elected mayor of Hua Hin. Therefore, expect some improvements in the future to this rapidly growning beach town.
Hua Hin happens to be very popular amongst Scandinavian property buyers. Other nationalities include Germans, English, Dutch that are looking to acquire retirement and holiday homes.
There is also a large industry for Thai purchasers who see Hua Hin as being a close weekend getaway from Bangkok and a good chance of ordering a second home.
One of several 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, supermarket see many more new launches of luxurious villas and condominiums selling for more than 15 million recently.
We're also witnessing newer and more effective varieties of properties like serviced apartments, condos with full rental management, resort ownership with rental income guarantee, fractional ownership, etc. A lot of the customers are in their 40s and 50s and still working, thus they can only spend a few weeks of the year remaining in their properties, but require some type of rental income to soak up the continuing maintenance costs and hopefully produce a little bit of extra cash to cover the airfare and with your own money expenses. Thus, the concept of renting out their holiday property is a really attractive selection for them the other that is just as one increasing motivation for foreign buyers to appear to Hua Hin when you buy Thailand property.
Maddy Barber will be the co-founder of Hua Hin Finder, an actual estate agency specialising in Hua Hin property rentals, and also condo sales. The company may be finding homes for expats in Hua Hin, Thailand for over Several years now and regardless if you are looking to purchase or rent home within this serene beach town, just A couple of hours drive from Bangkok, it will be here.
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