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Learn more about the Hua Hin property market through trends and average prices.
Hua Hin has been one of the most popular places for foreign expats to retire internationally for many years. Situated only about two and a half hours’ drive south of Bangkok, surrounded not only by the stunning Gulf of Thailand on the eastern shore but also by beautiful mountain ranges on the border of Burma to the west, it brings a fine balance between nature and civilization. While being one of Thailand’s best-kept secrets, the popularity of Hua Hin is rising steadily, predominately by word of mouth from people who fell in love with the sheer chilled vibes of the city and its people.
One key aspect I want you to keep in mind is that the majority of people who purchase property in Hua Hin is because they want to be there. While there are some great investment opportunities, it remains one of the best cities for families and those who are in search of peace, quiet and relaxation with the benefit of having all modern facilities at your fingertips.
Properties in the center of Hua Hin are mostly focused around a reasonable amount of beachfront condos that stretch along the main street, Petchkasem Road. Reasonable because it is a vivid contrast between the high concentration of high rise condos in Pattaya or Phuket, where the building restrictions in Hua Hin became much stricter around 15 – 20 years ago, prohibiting the construction of high rise beachfront condos.
Most of our valued FazWaz clients who are in search of their dream home in Hua Hin are in search of reasonably priced private pool villas. Due to the layout of the city and the fact that any type of construction on the side of or on top of a mountainside is prohibited – the majority of housing developments and private villas are north, northwest, west, south or south west of the main city and as a general rule – travel time from point A to point B practically anywhere in Hua Hin takes no longer than 15 to 20 minutes. Some of the areas with the highest concentrations of villas or villa developments are: Bor Fai in the north, Hin Lek Fai west of town, Thap Tai west and southwest of town, Khao Tao south of city centre and Nong Kae closer to the centre of town slightly west, and lastly Khao Takiap which still forms part of the south-central city area and is a favourite holiday destination for families in the myriad of different condos for rent and sale that are available.
Hua Hin district, consisting of all the shopping centers, hospitals, and restaurants, is certainly the most popular area. Many local residents refer to The Hilton Hotel as the center of town, where you have the Hua Hin Walking Street, or locally known as Soi Bintabaht, right at your doorstep. The nightlife is just vibrant enough to satisfy the urge to pop out for a few drinks and not as overly vibrant as some other areas in Thailand, where there is a very clear lack of that which other areas are more (in)famous for.
Khao Takiap is a really trendy, jazzy area with one of the best night markets in Thailand, the Cicada Market, with Tamarind Market right next door offering some delicious food options over and above the plethora that is available at its favorite neighbor, Cicada.
North of town, close to the Summer Palace of the late King Bhumibol Adulyadej, is the ever-chic beach club, Sundance Lounge, which offers a very Phuket-style beach club with stunning foodie attractions and an azure 25-meter long swimming pool on the beach.
On the southern end of town in Khao Tao is a much more Hua Hin style beach club that offers a truly spectacular beach alcove with chill music, fantastic food and one of the best beach destinations in Hua Hin at Sanae Beach Club.
Going back to our earlier statement – Hua Hin remains one of the best-kept secrets in Thailand and is worth exploring. The fact that it has been one of the best destinations for foreign expats to retire for so many years has not detracted from attracting those who seek adventure of a different accent. As a matter of fact, the author of this article has personally found through experience and interaction with other expats from different areas around Thailand that Hua Hin must be one of the few places where the cost of living and standard of living has reached such equilibrium that is seemingly unattainable elsewhere in Thailand.
An overwhelming comment by those who visit these tranquil shores is how ‘laid back’ the town and its inhabitants are. It’s as if you have dialed back the rat race of life and dialed into the vein of it.
With the combination of being so centrally located in Thailand, enabling easy travel around the country, with having an international airport where there are direct flights between Kuala Lumpur and Hua Hin multiple times a week (plus a confirmed budget of 2.3 Billion Thai Baht to further upgrade and expand said airport) Hua Hin is in an absolutely ideal location.
Overall – the lifestyle in Hua Hin is one where you are removed from stress, pollution, aggression and the intensity that has infected the modern world. A lifestyle of some of the best food you can find in Thailand at some of the best prices available, with friendly Thai smiles to boot. For those who wish to settle here, there is a very buoyant job market to be taken advantage of.
Sales Price Trends for Property in Hua Hin- The average price per square meter for a Property For Sale in Hua Hin is ฿62,159, which is 47% below the average price per square meter in Thailand that is ฿111,359
There really are a lot of reasons why foreigners and Thais both would choose to purchase property in Hua Hin. The top 6 reasons are the following:
Regarding Hua Hin being a beautiful beach town in Thailand that has become increasingly popular with foreign buyers in recent years, the property cost depends on a number of factors, including the size and location of the property. However, as a general rule, prices in Hua Hin start at around ฿2 million (US$65,000) for a small condo near the town center and can go up to ฿10 million (US$325,000) or more for a luxury villa with ocean views. Of course, the actual price you pay will also depend on whether you are buying outright or taking out a mortgage. Overall, however, Hua Hin is a relatively affordable place to buy property when compared to other popular expat destinations such as Phuket and Bangkok.
Property ownership in Hua Hin is open to foreigners, and there are many properties available for sale. However, it is important to note that there are some restrictions on foreign ownership. For example, foreigners are not allowed to own more than 49% of the total land area of a condominium. In addition, foreigners must obtain permission from the Ministry of Interior before purchasing land in Thailand. As a result, it is advisable to seek legal advice before making any purchase. With that said, Hua Hin is a beautiful place to live, and there are many opportunities for foreigners to find their perfect home.
When considering purchasing property in Hua Hin, it is essential to consult with a professional real estate agent to learn about the current market conditions. The real estate market in Hua Hin can be quite volatile, and prices can fluctuate rapidly. However, there are several factors that make Hua Hin an attractive place to purchase a property. Property values in Hua Hin have historically been quite stable, and the town is a popular tourist destination. As a result, there is a high demand for rental properties. Hua Hin is also located close to Bangkok, making it a convenient place to live for those who work in the city. Overall, Hua Hin is a safe place to purchase property, but it is important to do your research before making any decisions.
Hua Hin is a complex city with many different types of neighborhoods. The best neighborhood to buy property in Hua Hin will depend on your budget, desired amenities, and preferred location. Many people prefer to be close to the beach, while others prefer a more central location near the city center. There are also a number of developments that cater to ex-pats and retirees, offering a wide range of amenities and services. If you're looking for a bargain, it's worth checking out properties that are for sale outside of Hua Hin's city center. These areas often have lower prices and offer good value for money. Whatever your preferences, there's sure to be a neighborhood or development in Hua Hin that's perfect for you.