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You often come across investors and locals in Thailand that plan on going to Hua Hin for a weekend or longer. Some of them even reside in Hua Hin and just visit other cities over the weekend.
Hua Hun is famous for being a relatively small city with beautiful beaches, allowing foreigners and locals to recover from the hustle and bustle in the capital.
With a great interest in Hua Hin real estate, I decided to write this article where I explain the basics when buying properties in Hua Hin.
Topics covered:
- Hua Hin’s Property Market
- Best Areas to Buy Property in Hua Hin
- Condo Projects in Hua Hin
- Hua Hin Real Estate Agents
- Benefits of Living in Hua Hin
Hua Hin’s Property Market
Hua Hin is strategically located a couple of hours’ drive away from Bangkok, making it attractive to foreign buyers and locals alike.
This is a benefit as the local market not only relies on foreign investments, like in Pattaya
Many Russians pulled out of the Pattaya property market during the oil crisis and when the Ruble lost in value, which affected the market badly.
Russians buy condos in Hua Hin also, of course, but the market is backed up by more locals, especially from Bangkok. Adding the fact that Hua Hin is the holiday destination for the Royal Family doesn’t make things worse either.
Even if the supply of condos has increased much in Hua Hin, we’ve seen and will see, a decrease in new constructions in the coming years.
The major reasons are that developers are getting more restrictive, as new condos from previous years have been left empty.
How did the COVID-19 pandemic affect Hua Hin’s property market?
Most markets have taken a big hit due to the COVID-19 pandemic. Hua Hin was affected by the crisis as well but didn’t take as hard hits as Pattaya and Phuket.
Thanks to the cities proximity to Bangkok and its well-known reputation for being a holiday retreat for locals, many people actually fled from Bangkok to enjoy a higher quality of life in Hua Hun.
Not only are condominium prices, rents, and the cost of living lower in Hua Hun, you also have access to its beautiful beaches and nature.
This further proves how resilient Hua Hin’s property market can be as it’s backed by both foreigners and local buyers.
Best Areas to Buy Property in Hua Hin
If you seek high price appreciations, in the long run, it’s important that you turn away from the areas with an oversupply of condos and target areas with predicted future growth.
The same as it goes in Phuket, where foreigners and developers find areas in the northern parts, closer to the airport, increasingly interesting.
Let’s have a look at some of the most popular areas in Hua Hin, or close to Hua Hin.
Hua Hin
Hua Hin has a sub-district called Hua Hin, which is the most populous area with almost 50,000 people. This is where prices have increased much in the past years.
For a decent 1 bedroom unit in a condo, you need to pay around USD 60,000 and upwards.
Cha-am
Cha-am is located north of Hua Hin and gets increasingly popular among foreign and local buyers.
The area is fairly big and competes with Hua Hin to attract foreigners. There’s a reason why some locals prefer Cha-am over Hua Hin, and it’s the closest distance to Bangkok.
Even if Cha-am is getting increasingly popular among foreigners, it doesn’t have as many foreigners as Hua Hin.
Prices for a decent 1 bedroom condo usually start at USD 50,000.
Khao Takiab
Khao Takiab has developed slower than Hua Hin, as it’s located a bit further away. Buyers have found Khao Takiab more tempting recently though, mainly due to lower property prices.
Previously, it was common to live in Khao Takiab and going to Hua Hin for dining and drinks.
However, nowadays many decide to stay here as the area gets increasingly more bars and restaurants.
Condo Projects in Hua Hin
As mentioned, there are many interesting condo projects available in Hua Hin and we will see more coming in the future.
Some of the most bespoke condos are:
- Veranda Residence Hua Hin
- My Resort Hua Hin
- Orchid Paradise Home
- Banyan Residences Hua Hin
- Sivana HideAway
- La Habana Huahin
- The 88 Condo Hua Hin
For more information about condos in Hua Hin, feel free to send us a message through the form below.
Benefits of Living in Hua Hin
Below I have listed some of the most outspoken reasons why people decide to either buy real estate in Hua Hin for investment purposes or to reside there full-time.
The Location
As mentioned, Hua Hin is located just next to the shore and a short drive from Bangkok (around 3 hours by car).
Transportation also speaks for Hua Hin as a great investment location as you can reach Bangkok by bus, cab, or by train. A high-speed rail link project that connects Hua Hin with Bangkok is also underway. This will reduce the travel time between the cities to merely 60 – 80 minutes.
Schools
To many people’s surprise, there are plenty of renowned international schools available in Hua Hin. Examples of schools include:
- Hua Hin International School
- Beaconhouse Yamsaard School
- Somtawin School
Hospitals
Hua Hin has many hospitals, including San Paulo International Hospital, Bangkok International Hospital, Hua Hin Government Hospital, and more. There are plenty of dental clinics here as well.
There are many other benefits of staying in Hua Hin, relating to its nightlife, shopping, and many outdoor activities. I’ll save that for another article.
Hua Hin Real Estate Agents
If you want to buy a property in Hua Hin, you first need to find a real estate agent that can help you.
As Hua Hin caters to many foreigners, you’ll have no issues finding real estate agents that are either owned by foreigners, or that have staff that can speak English.
Some of the most popular real estate agents in Hua Hin are:
- Property Solutions Hua Hin
- Hua Hin Property Listing
- Dream Estate Hua Hin
- Property Real Estate Hua Hin
- Acute Realty
There are also plenty of international and local Bangkok-based real estate agencies that can help you buy property in the city.
Conclusion
Hua Hin is popular, not only among foreigners but also locals. Thanks to its proximity (20 km) to Bangkok, many buyers decide to stay in Hua Hin, traveling to Bangkok once in a while.
Prices in Hua Hin are also cheaper in general compared to Bangkok. The number of condos increased much from 2010, but the supply has decreased and will continue to do so for a while.
A benefit of investing in Hua Hin is that it’s not relying as much on foreign investors, compared to places like Pattaya.
If you want to read more about foreign ownership and how to buy a property in Thailand, I recommend you to read this article.
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