Property For Sale in Hua Hin: 5 Interesting New Projects & Launches

Posted on by Editorial Team

hua-hin-property-for-sale

Do you plan to buy property in Thailand?
Click here to get in touch with an experienced agent

Hua Hin is one of the most popular destinations for property buyers in Thailand.

Located along a beautiful shoreline next to the Gulf of Thailand and with 20 km to Bangkok, it’s a perfect retreat for retirees, or to have a second home.

Developers often offer you guaranteed rental incomes here, with an option to live in your property for a couple of weeks every year. This can be a good choice if you want to earn high rental incomes.

In this listing article, you can find some of the most interesting new property projects and launches in Hua Hin, including condominiums, villas, bungalows, and more.

Viewing the projects and surrounding areas in Street View (Desktop Version)

To check the projects and surrounding areas in Google Maps Street View, simply zoom in the area of the marker and pull the orange-colored Pegman to the marker, or nearby areas. You can track the marker/project in Street View as well.

To go back to Google Maps, press the arrow in the top left corner.

Latest Update: 2018-09-25

1. Banyan Residences Hua Hin

[wpgmza id=”25″]

Address: 68/35 Mooban Hua Na, Tambol Nong Gae, Hua Hin, Prachuabkirikhan 77110, Thailand

Banyan Residences Hua Hin is a high-end villa project located in the calm hillside of Hua Hin. The villas are built in a traditional Balinese design, and you have close access to an 18-hole championship golf course, a pool bar, international restaurants, shuttle bus services, and more.

The complex is truly high class and companies like Hyatt and Mercedes hold yearly events here. Buying property here will give you access to various golf events and many modern amenities.

If you ever get bored, you have a mere 5 minutes drive from the central parts of Hua Hin and 20 km to Bangkok.

Project Overview

  • Project: Banyan Residences Hua Hin
  • Developer: Blue Lotus Hua Hin (Thailand) Company Limited
  • Completion date: 2010
  • Prices: From around THB 6.5 million (USD 200,000)
  • Estimated yield: Up to 7.5% guaranteed per year
  • Type: Villas
  • Number of units: 111
  • Amenities: Golf course, gym, spa, shuttle bus services, pool, international cuisines, and more

Unit Types and Sizes

  • 2-Bedroom villa (Bayu): 168 square meters
  • 2-Bedroom (Benua): 196 square meters
  • 3-Bedroom (Kemala): 289 square meters
  • 4-Bedroom villa: 492 square meters

About the Developer

Blue Lotus (Hua Hin) Thailand Co. established in 2006 by a group of Dutch investors, who wished to develop a luxury golf resort and residence.

Learn More About this Project

To know more about this project, simply fill in this form and we’ll connect you with a leading agent in Thailand.

2. Sivana HideAway

[wpgmza id=”26″]

Address: Soi 126 Hua Hin, Phetkasem Road, Hua Hin, Prachuap Khiri Khan, 77110, Thailand

Sivana HideAway is an off-plan villa project to be finished in 2020. The project consist of 3-Bedroom villas with private pools, located 5 minutes away from the nearest beach and 10 minutes to the center of Hua Hin.

The villas have a modern and tasteful interior, big windows, an open island kitchen, and functional designs. The villas come with 24/7 security and a number of amenities.

Project Overview

  • Project: Sivana HideAway
  • Developer: Bangkok Living Development Co Ltd (BLD Co Ltd)
  • Completion date: Q4 2020
  • Price: Starts from THB 12.6 million (USD 389,000)
  • Estimated yield: 6% guaranteed for 5 years
  • Type: Villas
  • Number of units: 40
  • Amenities: Bars, restaurants, gym, a big lagoon pool, and more

Unit Types and Sizes

  • 3-Bedroom (Type A): 141,7 square meters
  • 3-Bedroom (Type B): 165,4 square meters
  • 3-Bedroom (Type C): 165,3 square meters

About the Developer

Bangkok Living Development is a Bangkok based developer and has completed a number of projects. Some include Sivana Gardens (Hua Hin) that’s already been sold out, and Avenue 61 (Sukhumvit 61).

The company has decided to act solely as an agency since 2013, something that can be seen on their website. They currently offer services in property management and interior decorations as well.

Learn More About this Project

To know more about this project, simply fill in this form and we’ll connect you with a leading agent in Thailand.

3. Veranda Residence Hua Hin

[wpgmza id=”27″]

Address: Nong Kae, Hua Hin District, Prachuap Khiri Khan 77110, Thailand

Veranda Residence Hua Hin is a modern condominium that will be located just next to the beautiful Khao Takiab. You’ll find facilities and services similar to luxury hotels. The interior gives you a beachfront feeling, with sand-textured walls and tiles.

The area has much vegetation and a number of swimming pools on the ground floor level.

Project Overview

  • Project: Veranda Residence Hua Hin (External Link)
  • Developer: Veranda Resort Public Co., Ltd
  • Completion date: Q2 2020
  • Price: Starting from THB 4.7 million (USD 145,000)
  • Estimated yield: Unknown
  • Type: Condominium
  • Number of units: 270
  • Amenities: Jogging track, beach pool, family lagoon, sun deck, supercar parking, spa, sky fitness, sauna, and more

Unit Types and Layouts

Unit and Facility Overview

About the Developer

Veranda Resort Public Co., Ltd. is a Thai developer that mainly develops resorts and spas.

Learn More About this Project

To know more about this project, simply fill in this form and we’ll connect you with a leading agent in Thailand.

4. My Resort Hua Hin

[wpgmza id=”28″]

Address: Khao Takieb-Hua Hin Road, Nong Kae, Hua Hin, Prachuab Khiri Khan, Thailand 77110, Khao Takiab, 77110 Hua Hin

My Resort Hua Hin is a big award-winning project, offering small and medium-sized units. It’s suitable for persons who wish to have a vacation retreat and to earn rental incomes.

You have close access to the beach and the compound has many swimming pools located right outside the apartments. My Resort Hua Hin won ‘The Best Residential Development (Hua Hin)’ by Thailand Property Awards in 2014.

Project Overview

  • Project: My Resort Hua Hin (External Link)
  • Developer: My Resort Holding Co., Ltd. and The Villa (Hua-Hin) Co., Ltd.
  • Completion date: Q2 2016
  • Price: Starting from around THB 4.9 million (USD 150,000)
  • Estimated yield: 6-7%
  • Type: Condominium
  • Number of units: 437
  • Amenities: Saltwater swimming pools, water playground, kids fun zone, gym, 24 hours security, and different services

Unit Types and Sizes

  • 2-Bedroom: 76-150 square meters

Unit Overview

About the Developers

My Resort Holding Co., Ltd. My Resort Holding Co., is a Thai developer based in Chachoengsao. The company was founded in 2006 and a subsidiary of Everland Public Company Limited. It managed the first building phase of the project.

The Villa Hua Hin Company Ltd. managed the second phase of the project and based in Thailand as well. The company develops condominiums as well as resorts in Thailand.

Learn More About this Project

To know more about this project, simply fill in this form and we’ll connect you with a leading agent in Thailand.

5. Orchid Paradise Homes

[wpgmza id=”29″]

Address: Hin Lek Fai, Hua Hin District, Prachuap Khiri Khan 77110, Thailand

Orchid Paradise Homes is an off-plan villa project located 5 minutes from Hua Hin’s city center and its beautiful beaches. Orchid Paradise Homes 4 and 5 are under construction and located at the end of project 2 and 3, which are finished and sold out.

The villas have a high quality as the developers are Norwegian and built them with Norwegian standards. The villas have private swimming pools, air conditioners, European kitchens, and equipped bathrooms.

Project Overview

  • Project: Orchid Paradise Homes (External Link)
  • Developer: Orchid Paradise Homes Co., Ltd
  • Handover date: Q2 2019
  • Price: From around THB 4.4 million (USD 135,000)
  • Estimated yield: Unknown
  • Type: Villa
  • Number of units: 58
  • Amenities: Common area (club house) with BBQ, swimming pool with water slide, restaurant, bar, and more

Unit Types and Sizes

About the Developer

Orchid Paradise Homes is a Thai based developer that designed and built Orchid Paradise Villas.

Learn More About this Project

To know more about this project, simply fill in this form and we’ll connect you with a leading agent in Thailand.

FAQ

Below you can find frequently asked questions from property buyers, including our replies.

Can foreigners buy villas with land in Hua Hin?

Yes, preferably the villa (physical structure) should be bought on a freehold basis, while the land is leased during a time period of 30 years.

A good option is to include a clause in the contract stipulating your rights to renew the lease for an additional 30 years, consequently two times.

Hence, the total leasehold period will be 90 years.

Can I open a company to buy property in Hua Hin?

Previously, it was common that foreigners opened local Thai companies, getting 49% of the stakes in that company, and appointing themselves as directors. This gave them the right to buy property under a Thai entity, hence getting freehold ownership of land.

However, things have changed over the years and this has become an outdated practice. Buyers might have succeeded to acquire freehold ownership like this in the past, but the government and the DBD department do their utmost to prevent foreigners from opening companies with the sole purpose to buy property.

As mentioned, a more common way is to own the house and lease the land during a 30+30+30 year leasehold period. It’s fully legal and registered at the Land Office.

You should also consider hiring a solicitor, that can help you to input protective clauses in the sales and lease contracts.

Can I get a local mortgage as a foreigner in Hua Hin?

It’s rare that Thai banks grant foreigners property loans, even if some buyers manage to borrow against properties in their home countries. Some developers can also offer you financing.

If you consider borrowing from a Thai bank, they normally have the following requirements:

  • You’re a (permanent) resident in Thailand
  • You’re working locally and can show proof of income and employment (normally at least 1 year)
  • You’re married to a Thai spouse, and can act as a guarantor

How is the buying process for off-plan property?

  • First of all, you need to reserve the plot which normally costs THB 200,000
  • Find a solicitor and start preparing the contracts (developers often have standardized contracts)
  • Your solicitor will check the title and perform due diligence, for maximum protection
  • Before signing the contract, you pay a down payment of 20-30%
  • You pay in different instalments, to finance the construction of the property

What are the benefits of buying off-plan property?

Buying off-plan can be riskier compared to buying an established property, but it also brings a number of benefits. First of all, you buy the property several years before the construction is completed, hence, you can potentially enjoy a great price appreciation during these years.

As you pay in installments, you can avoid putting a big lump sum on the table, and diversify your portfolio in the meantime.

Developers sometimes offer guaranteed rental incomes, which means that you can enjoy good rental incomes, once the project is finished.

What are the risks of buying off-plan in Hua Hin?

The biggest risks are that the developer defaults, or delay the project over a lengthy period. This can be avoided by checking the track record of the developer, and if they launched other successful projects in the past.

Another risk is that the property might not be according to your expectations, or to the previous plan. It’s difficult to make changes once the project is finished.

Be sure to check if there are other projects or infrastructural investments planned in the area, to assure how these can affect rental incomes and capital appreciations.

Looking at market cycles is also of importance, to confirm what price appreciation that you can expect during the construction.

Why is Hua Hin interesting for real estate purchases?

Hua Hin is a beautiful coastal city with around 65,000 inhabitants. It’s located merely 20 km away from Bangkok giving you the opportunity to reach Bangkok by car.

It’s also famous for being tidier compared to places like Pattaya and the Royal Family frequently visits Hua Hin.

Hua Hin’s property market is less affected by the foreign economic climate, as you have a big diversity of investors from different countries. Pattaya’s property market suffered much during the Ruble crisis, as mainly Chinese and Russians buy property in Pattaya.

Many wealthy Thai nationals from Bangkok buy property in Hua Hin, to keep as weekend retreats. You’ll also find a bunch of Scandinavians, British, Americans, and other nationalities.

Can I rent out my property in Hua Hin?

Foreigners generally don’t have any issues to rent out property in Hua Hin. Just be careful if you plan to rent out on AirBNB.

According to the Hotel Act (2004), you can only rent out your apartment for a minimum period of 30 days at a time. The boards and management of projects often stipulate their own rules as well.

It’s important that you confirm what regulations apply to your specific project before making a big investment.

Are there any investment and long term visas available in Thailand?

Yes, the benefit of buying in Thailand is that you can apply for a long term investment visa.

The visa is called ‘The Thai Investment Visa‘ and you can renew it on a yearly basis. You need to make an investment of, or deposit, at least THB 10 million (around USD 305,000), where the newly built condo needs to cost at least THB 3 million (USD 88,000).

You can deposit your money, or invest, in any of the following asset classes:

  • Newly built condos (minimum THB 3 million)
  • Government or state-enterprise bonds
  • Deposit money into a Thai bank account

If you’re above 50 years old, you also have the option to apply for a retirement visa, which is very popular among foreign retirees.

You can also buy an Elite Card, even if this is less recommended in my view.

Other Thailand Property Guides

Want to learn more about taxes, visas and the buying process? Check out these articles:

  • Want to buy property in Thailand?

    Fill out the form to get in touch with a verified real estate agency specialized in Thailand property

      Disclaimer: The content on this website is provided for general information about buying property in Asia, developments, agencies, regulations, taxes, and other related topics. However, we don't guarantee that we keep the content up to date or that it's free from error. We do make mistakes from time to time. We never provide legal advice and financial advice of any sort.

      AsiapropertyHQ.com is not licensed to deal with any property situated in Hong Kong. We are not an estate agent or salesperson.