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Learn more about the Hua Hin apartment market through trends and average prices.
Hua Hin is located 199km south-west of Bangkok in the Province of Prachuap Khiri Khan and is known as a seaside resort town and has an estimated population of 63,091 people with roughly 3,000-5,000 of those being expats. The resort town has a history dating back to the 20th century when the main visitors were of Royal significance. After a railway was built between Bangkok and Hua Hin the number of visitors began to grow and the once sleepy town became a frequent holiday destination for local Thai people. Today the area has become popular with tourists from around the globe and expats looking to reside in the town.
Just like the rest of Thailand, there are three weather seasons in Hua Hin,
Hua Hin has an estimated 3,000 to 5,000 expats currently residing in the seaside town. The village is home to many high-rise apartment buildings that line the beach area. Many expats choose to reside here as the area has managed to retain its Thai charm, although the number of tourists has increased over the years. There have been several apartment block projects in Hua Hin over recent years, making the market easily available to prospective buyers and remains popular amongst Thai investors, or those looking to invest in a second home.
There are a few different transport options available and getting a tuk-tuk, taxi or motorcycle is easy, and traffic is less than that of other busy tourist areas like Bangkok and Phuket. The town is designed in a way that makes it easy to move around. There is one main road that runs adjacent to the beach and on the other side of the road is the area where most restaurants are situated. There is a large variety of food options from street food to restaurants and prices vary depending on where you go. In general, prices are lower in Hua Hin as the area remains a popular holiday and second home destination for Thai people. The number of expatriates residing in the area is steadily increasing. There are 2 good hospitals, the Bangkok Hospital which has a good reputation and is expensive, and the Hua Hin Hospital which is mainly for the locals but Foreigners can also use this hospital and the costs are very competitive and it also has an excellent reputation.
Thailand can be visited on a 30-day visa exemption that may be extended once before needing to repeat the process of entering the country again. Another option is to obtain the correct tourist visa from your home country. If you are looking for a longer stay visa there are also many options available. There is an immigration office located in Hua Hin, they can process visa extensions and help with long term visa extension applications.
1. The real estate market in Hua Hin is booming as the economy remains stable and prices are affordable.
2. The climate in Hua Hin is popular with people who would like to settle long term as it is more bearable than other parts of Thailand, due to its cooler temperatures.
3. Hua Hin is in a prime location, just 199km from the capital city Bangkok and the main international airport.
4. Although the area has become popular amongst tourists and expats it remains unspoiled by tourism.
5. Many people come to Hua Hin looking to rent long term or for frequent holidays, so the area is an attractive investment prospect for apartments that have good rental yields.