What Makes Hua Hin So Attractive to Foreign Property Investors?

There are several factors that attract real estateScandinavian property buyers. Other nationalities
investors to Hua Hin.include Germans, English, Dutch who are looking to
The climate, long sandy beaches, good shoppingpurchase retirement and holiday homes.
options, the local & international restaurants asThere is also a large market for Thai purchasers who
well as visiting the night markets and its relativelysee Hua Hin as a close weekend getaway from
competitive prices on houses and condos comparedBangkok and an excellent opportunity for the purchase
to Bangkok, Phuket, Koh Samui or Pattaya.of a second home.
Distance wise, it is also only 2 to 2.5 hours drive fromOne of the current trends is the emergence of luxury
Bangkok on the mostly multi lane highways.villas here. Hua Hin used to focus on low to mid range
The town's atmosphere - being royal and kind of "lowproperties between 2 -7 million baht, however, we now
key" so people who don't like active nightlife such as insee many more new launches of luxurious villas and
Phuket and Pattaya will find Hua Hin a refreshingcondominiums selling for over 15 million recently.
alternative. Its close proximity to national parks, such asWe are also witnessing some new types of properties
Sam Roy Yod and Kaeng Krachang is also a majorsuch as serviced apartments, condos with full rental
plus.management, resort ownership with rental income
Hua Hin is also becoming more "international" withguarantee, fractional ownership, etc. Many of the
English speaking hospitals, and supermarkets which sellclients are in their 40s and 50s and still working, thus
a variety of local/foreign foods and goods. To furtherthey can only spend a few weeks of the year staying
absorb new housing developments in town, there isin their properties, but require some kind of rental
also a requirement for improvements in areas such asincome to absorb the ongoing maintenance costs and
water supplies, sewage system, flood preventionhopefully make a bit of additional income to pay for
system etc. The good news is that these projects arethe airfare and out of pocket expenses. Thus, the
all part of the election platform of the newly electedconcept of renting out their holiday home is a very
mayor of Hua Hin. Therefore, we can expect someattractive choice for them and one that is becoming an
improvements in the near future to this rapidlyincreasing motivation for foreign buyers to look to Hua
growning beach town.Hin when investing in Thailand real estate.
Hua Hin has always been very popular amongst