There are numerous factors that attract real estate investors to Hua Hin.
The climate, long sandy beaches, good shopping options, the neighborhood & international restaurants in addition to going to the night markets and its particular relatively huge discounts on houses and condos in comparison with Bangkok, Phuket, Koh Samui or Pattaya.
Distance wise, additionally it is only 2 to two.5 hours drive from Bangkok for the mostly multi lane highways.
The town's atmosphere - being royal and kind of "low key" so people who dislike active nightlife such as in Phuket and Pattaya will discover Hua Hin a refreshing alternative. Its closeness to nature, like Sam Roy Yod and Kaeng Krachang can be another major plus.
Hua Hin is additionally more and more "international" with English speaking hospitals, and supermarkets which sell a number of local/foreign foods and goods. To help absorb new housing developments around town, there is also a requirement for improvements in areas like water supplies, sewage system, flood prevention system etc. Thankfully that these projects are all part of the election platform with the newly elected mayor of Hua Hin. Therefore, we can expect some improvements in the near future to this particular rapidly growning beach town.
Hua Hin is definitely very popular amongst Scandinavian property buyers. Other nationalities include Germans, English, Dutch who are looking to acquire retirement and holiday homes.
There is also a large niche for Thai purchasers who see Hua Hin as a close weekend getaway from Bangkok and a very good chance of ordering an extra home.
One of the current trends is the emergence of luxury villas here. Hua Hin utilized to concentrate on low to mid range properties between 2 -7 million baht, however, we currently see many more new launches of luxurious villas and condominiums selling for more than 15 million recently.
We have been also witnessing new varieties of properties for example serviced apartments, condos with full rental management, resort ownership with rental income guarantee, fractional ownership, etc. Many of the clients are of their 40s and 50s yet still working, thus they can only spend a month of the season keeping their properties, but require some sort of rental income to absorb the continuing maintenance costs and hopefully come up with a little extra earnings to fund the airfare and a lot poorer expenses. Thus, the concept of renting out their holiday property is a very attractive option for them and one that is certainly as a possible increasing motivation for foreign buyers to take a look to Hua Hin when you buy Thailand real estate.
Maddy Barber may be the co-founder of Hua Hin Finder, a genuine estate agency specialising in Hua Hin property rentals, and also condo sales. The agency has been finding homes for expats in Hua Hin, Thailand more than A few years now and if you are looking to purchase or rent a house on this serene beach town, just A couple of hours drive from Bangkok, you will find it here.
For more info about THAILAND LUXURY VILLAS WITH PRIVATE POOL
see this resource