Property Investment in Hua Hin
Hua Hin is not the typical investor’s choice for buying property, but there’s no reason why it should NOT be.
A brief message from SPS Realty Thailand:
SPS Realty Thailand’s hearts go out to all of those who are suffering from the effects that Covid-19 has caused so many around the world.
This truly is the time to stand together (following safe social distancing rules, of course) in terms of supporting those who are less privileged than others.
We all know that global markets will take time to recover and it will take a long time for things to get back to a semblance of the way they were, so we need to be there for those in need when we can.
What are some of the most important things to look at before investing in property?
- Good Deals
We are always believers in looking at the positive side of life, and one thing that is sure to happen is that sellers will have to become more flexible with their prices. Once markets open up and international travel restrictions are eased, it is quite likely that there will be an influx of motivated buyers who will see the huge benefits of owning a property in such an ideal location as Hua Hin.
Far enough away from the big city of Bangkok and with a much smaller population than most tourist destinations / popular expat locations for property purchases – Hua Hin is the ideal place
in paradise for anyone looking to escape their country of origin. Spend time to relax and unwind. Fresh air, clean beaches, picturesque mountain ranges, great food and friendly people make
it a one in a million travel destination. Not to mention all of the great deals currently available in Hua Hin when it comes to pool villas, townhouses, condos and the large abundance of
land for sale where you can build your dream home.
- Market Stability
Over the last 10 years, Hua Hin has consistently been voted as one of the top 10 cities for foreign expats to retire internationally. That means a lot when you think about it. The city has,
for many years, remained a favourite holiday destination for retired and semi retired expats and also young families and continues to do so. Hua Hin has consistently expanded in terms of
infrastructure, services, shopping, facilities, hotels, condominiums, housing developments and yet remains a city with true Thai charm which has been able to withstand the huge eruption and over expansion that has affected other parts of Thailand. Moreover, Hua Hin is without a doubt one of the most popular weekend destinations for wealthy Thais from Bangkok, which has a positive impact on the market and allows Hua Hin to remain a stable market for investment.
- Potential
One of the most important things to consider with a long term property investment is potential. Hua Hin is absolutely bristling with potential. Due to the slow, yet steady expansion of the city and its outskirts, the future potential of Hua Hin is incredible. Picture a city that is only 2.5 hours drive from Bangkok (when you leave at the right time, of course). Picture this city that stretches along the Gulf of Thailand and its beautiful ocean. Picture this city not only with kilometres of beachfront, but also a plethora of stunning mountains and hills rolling into the north, west and south. Picture this city with world class shopping, 5 star health facilities, some of the best golf courses in the world, world class water parks,
top drawer 5 star hotels and loads of authentic tourist attractions. A city with an international airport that is scheduled to fly to not just one but multiple destinations worldwide in the near future. Picture all of this in a city where you can travel from your cozy 3 bedroom private pool villa out of town and drive into the city or to the beach in under 20 minutes.
Now try picture this in any one of the other large cities in Thailand… You come to the conclusion that Hua Hin has to be the best seaside resort town within driving distance from Bangkok.
- Guaranteed Returns
Sivana Hideaway offers a 6% guaranteed rental return over a 5 year period on their fully managed rental program.
There are multiple projects, whether condominiums or housing developments, that offer guaranteed returns in Hua Hin. These returns range from between 5% to 7% guaranteed over a term of 5 years, with some ranging up to 20 years for pure investment properties. Developments and projects are able to offer these guarantees because they know that the market in Hua Hin is always going to be ideal for travelers with money. Travelers who want to spend quality time in a tropical paradise with a slow, relaxed pace of life. Travelers who enjoy the 5 star treatment but wish to spend their time in a luxury private pool villa instead of a hotel. Travelers who come here with families to send their kids to top class international schools.
Rental returns also do not always have to be guaranteed. Some of the best investments in Hua Hin are simply good quality, private pool villas either in a secure development or freestanding.
These types of properties have incredible potential when it comes to renting them out through a reputable agency that offers all services in terms of rentals, check ins, check outs and
cleaning. SPS Realty Thailand has the knowledge and expertise in this market to advise on the best choices for such investment properties plus who to manage the rentals.
- Non Guaranteed Returns
Many people are not comfortable with a developer / project that offers guaranteed rental returns as they don’t want to be locked in for a certain amount of years with minimal usage allowed
annually. SPS Realty Thailand offers specifically catered rental management and rental projection for good rental properties. We will calculate reasonable rental income for specific
properties and provide the rental management to maximize rental income within reason. This way you also have the flexibility to book the holidays you want to spend in your property and
you will still be able to benefit from rental income.
For more information, please visit our website at spsrealtythailand.com or call us on +66987997855 today.
