There are several factors that attract real estate investors to Hua Hin.
The climate, long sandy beaches, good shopping options, the area & international restaurants along with visiting the night markets as well as relatively huge discounts on houses and condos in comparison to Bangkok, Phuket, Koh Samui or Pattaya.
Distance wise, it's also only two to two.5 hours drive from Bangkok about the mostly multi lane highways.
The town's atmosphere - being royal and type of "low key" so those who can't stand active nightlife such as in Phuket and Pattaya will find Hua Hin a refreshing alternative. Its closeness to national parks, such as Sam Roy Yod and Kaeng Krachang is also a major plus.
Hua Hin can also be increasingly "international" with English speaking hospitals, and supermarkets which sell a number of local/foreign foods and goods. To further absorb new housing developments around, there's also a desire for improvements in areas like water supplies, sewage system, flood prevention system etc. The good thing is these projects are part of the election platform with 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 extremely popular amongst Scandinavian property buyers. Other nationalities include Germans, English, Dutch who're looking to acquire retirement and holiday homes.
Additionally there is a large industry for Thai purchasers who see Hua Hin like a close weekend getaway from Bangkok and a very good opportunity for buying another home.
One of several current trends is the emergence of luxury villas here. Hua Hin employed to target low to mid range properties between 2 -7 million baht, however, supermarket see many more new launches of luxurious villas and condominiums selling more than 15 million recently.
We have been also witnessing newer and more effective types of properties for example short stay serviced apartments, condos with full rental management, resort ownership with rental income guarantee, fractional ownership, etc. Most of the customers are inside their 40s and 50s yet still working, thus they're able to only spend a couple weeks of the year keeping their properties, but require some kind of rental income to absorb the continued maintenance costs and hopefully come up with a little extra cash to pay for the airfare and with your own money expenses. Thus, the concept of renting out their holiday residence is an extremely attractive option for them then one which is as a possible increasing motivation for foreign buyers to check to Hua Hin when purchasing Thailand real-estate.
Maddy Barber could be the co-founder of Hua Hin Finder, an actual estate agency specialising in Hua Hin property rentals, in addition to condo sales. The agency may be finding homes for expats in Hua Hin, Thailand for over Several years now and whether you are looking to purchase or rent a home in this serene beach town, just 2 hours drive from Bangkok, you will find it here.
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