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Land size is 103 Rai near the sea (1.4 km), mountain view, near the attractions such as Santorini Water Park / Swiss Sheep Farm / Camel Republic etc., near Cha-am beach and city. So I think foreign or thai investors might be interested in purchasing land near the sea (Cha-am/Hua Hin) in Thailand for a project such as Nursing Home, Resort or Golf course, etc.
Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.