Hua Hin, the perfect place to invest in real estate.
The oldest seaside resort of the kingdom is today the privileged retreat of the residents of the capital Bangkok looking for pure fresh air. On the west coast of the Gulf of Thailand, Hua Hin has the wind in its sails ... New favorite of the big real estate developers of Bangkok for several years, Hua Hin owes part of its success to its reasonable property rates. The average selling price of a condominium (apartment) is 6.4 million baht, 50% less than the other seaside resorts in the kingdom. Hua Hin is also the cheapest of all with, for the apartments, prices per square meter to 72,063 baht, against 87,000 baht in Koh Samui and more than 95,000 baht in Phuket or Pattaya! The beachfront land sells between 40 and 80 million baht per rai.
The weather is more temperate than in the capital Bangkok, the pollution is lower and the rainfall index is the lowest in Thailand. A destination popular with tourists from Europe and especially from Northern Europe (the first being the Swedish), it also attracts many expatriates looking for real estate investments or simply a second home.Concerning the railway, the current infrastructure will be complemented by the construction of a High Speed Train in the years to come. The city of Hua Hin has schools and hospitals of international standards, as well as commercial brands such as Index, Tesco Lotus, HomePro and the brand new Bluport shopping center. Housing structures continue to develop with the biggest names in the hotel industry, which suggests the appearance of international flights, not justified to date due to lack of accommodation capacity. The hotel occupancy rate is also the highest in the country: it is very difficult to find a room for a weekend or a holiday. Given the increase in the average length of stay, there is also a growing demand for accommodation in houses and apartments. As a result, major real estate projects offer rental programs that allow investors to lease their property during their absence.Hua Hin has a bright future ahead of it: the global economic situation, international tourism growth, baht exchange rate, foreign ownership restrictions have little impact on this market due to strong demand from Thailand. Consequently, there is a steady increase in purchase prices on plans or on resale, whether for a house, a villa or a condominium apartment.