There are several factors that attract property investors to Hua Hin.
The climate, long sandy beaches, good shopping options, a nearby & international restaurants in addition to seeing the night markets and its particular relatively competitive prices on houses and condos when compared with Bangkok, Phuket, Koh Samui or Pattaya.
Distance wise, additionally it is only 2 to 2.5 hours drive from Bangkok around the mostly multi lane highways.
The town's atmosphere - being royal and type of "low key" so people that can't stand active nightlife like in Phuket and Pattaya will discover Hua Hin a refreshing alternative. Its close proximity to national parks, including Sam Roy Yod and Kaeng Krachang can be another major plus.
Hua Hin can be becoming more "international" with English speaking hospitals, and supermarkets which sell many different local/foreign foods and goods. To help expand absorb new housing developments around, there's also a requirement for improvements in areas such as water supplies, sewage system, flood prevention system etc. Fortunately these projects are typical part of the election platform with the newly elected mayor of Hua Hin. Therefore, we can expect some improvements sooner to this rapidly growning beach town.
Hua Hin has always been extremely popular amongst Scandinavian property buyers. Other nationalities include Germans, English, Dutch who will be looking to purchase retirement and holiday homes.
There's also a large niche for Thai purchasers who see Hua Hin as being a close weekend getaway from Bangkok and an excellent chance of the purchase of an additional home.
One of many current trends could be the emergence of luxury villas here. Hua Hin accustomed to target low to mid-range properties between 2 -7 million baht, however, we now see more new launches of luxurious villas and condominiums selling for over 15 million recently.
We're also witnessing new varieties of properties for example short stay serviced apartments, condos with full rental management, resort ownership with rental income guarantee, fractional ownership, etc. A lot of the customers are of their 40s and 50s but still working, thus they're able to only spend 2-3 weeks of year staying in their properties, but require some type of rental income to soak up the ongoing maintenance costs and hopefully come up with a little extra revenue to pay for the airfare and with your own money expenses. Thus, the thought of renting out their holiday property is an extremely attractive decision for them the other that is as a possible increasing motivation for foreign buyers to check to Hua Hin when investing in Thailand property.
Maddy Barber could be the co-founder of Hua Hin Finder, a real estate agency specialising in Hua Hin property rentals, along with condo sales. The company may be finding homes for expats in Hua Hin, Thailand for over 5 years now and whether you are looking to purchase or rent a home with this serene beach town, just Two hours drive from Bangkok, it will be here.
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