While property prices in Hua Hin stagnated during the past few years due to an oversupply of condo units, this doesn’t mean the market is in the doldrums. It just means it is important to select the right type of property. For example, beachfront condos continue to perform well and increase in value due to a shortage of land by the water.
The same holds true for villas and detached housing in Hua Hin’s nearby hillside. The supply here remains limited and can provide good value for the savvy investor. The key is to select a property that is either in a popular part of Hua Hin or has a rental management programme that will attract guests and provide steady rental yields.
Hua Hin is also proving to be a in demand destination for both Thai and international retirees thanks to its low cost of living. There are a few investment opportunities in this market as well.