Why is Hua Hin So Popular with Foreign Real estate investors?
There are numerous factors that attract property investors to Hua Hin.
The climate, long sandy beaches, good shopping options, the local & international restaurants as well as visiting the night markets and its particular relatively huge discounts on houses and condos compared to Bangkok, Phuket, Koh Samui or Pattaya.
Distance wise, it is also only 2 to two.5 hours drive from Bangkok around the mostly multi lane highways.
The town's atmosphere - being royal and kind of "low key" so those who do not like active nightlife like in Phuket and Pattaya will discover Hua Hin a refreshing alternative. Its close proximity to nature, like Sam Roy Yod and Kaeng Krachang is another major plus.
Hua Hin is additionally increasingly "international" with English speaking hospitals, and supermarkets which sell many different local/foreign foods and goods. To increase absorb new housing developments in the city, additionally there is a requirement of improvements in areas for example water supplies, sewage system, flood prevention system etc. The good thing is why these projects are section of the election platform of the newly elected mayor of Hua Hin. Therefore, we can expect some improvements sooner to this particular rapidly growning beach town.
Hua Hin is definitely extremely popular amongst Scandinavian property buyers. Other nationalities include Germans, English, Dutch who will be thinking about purchasing retirement and holiday homes.
Gleam large industry for Thai purchasers who see Hua Hin as a close weekend getaway from Bangkok and a good chance of ordering a second home.
Among the current trends will be the emergence of luxury villas here. Hua Hin used to concentrate on low to mid-range properties between 2 -7 million baht, however, we currently see additional new launches of luxurious villas and condominiums selling for over 15 million recently.
Were also witnessing newer and more effective kinds of properties like short stay serviced apartments, condos with full rental management, resort ownership with rental income guarantee, fractional ownership, etc. Lots of the customers are in their 40s and 50s but still working, thus they are able to only spend a few weeks of this year staying in their properties, but require some kind of rental income to absorb the continuing maintenance costs and hopefully produce a little bit of additional income to purchase the airfare and up front expenses. Thus, the very idea of renting out their holiday house is an extremely attractive choice for them then one which is just as one increasing motivation for foreign buyers to appear to Hua Hin when you buy Thailand real estate.
Maddy Barber will be the co-founder of Hua Hin Finder, a genuine estate agency specialising in Hua Hin property rentals, in addition to condo sales. The agency continues to be finding homes for expats in Hua Hin, Thailand for over Several years now and regardless if you are thinking about buying or rent home on this serene beach town, just Two hours drive from Bangkok, it will be here.
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