Hua Hin – Investing in Thailand’s Riviera For Luxury Property

Hua Hin is taking the shine away from Phuket, becoming the destination for property investors looking at residences with seafront views.

| By Joe Lim

While Thailand is fighting back against Covid-19, its seafront province of Hua Hin is becoming a fast-growing domestic market for elite properties which are perched on hillsides. Hua Hin is dubbed as Thailand’s Riviera and the city’s modern residences make attractive investment propositions for would-be homeowners whether domestically or regionally.

Hua Hin offers city life and the lure of the oceanfront

Rise of Hua Hin
Lying just 230km southwest of Bangkok, situated in the southern quarter of Thailand’s royal heritage destination near Khao Takiab, this idyllic location is making Hua Hin experience a major uptick in interest because of its laidback charms and close-by infrastructures and amenities for residential living.

Banyan Residences Villas, Hua Hin

In this residential enclaves, one can find bespoke villas, landed homes and condominiums perched perfectly on slopes and inclines where homeowners can admire sweeping views of the Gulf of Thailand from high vantage points.

Surge in Domestic Importance
While the global pandemic wields its stranglehold on many economies, the prospect of Hua Hin fighting the odds is strong because the province has stronger domestic focus and has allowed itself to offset the international downturn and achieve more attention than before. In fact, 2019 tourism figures revealed that Hua Hin experienced 74% in favour of the domestic market, and this number is expected to climb in 2020. In July 2020, Hua Hin witnessed its first exclusive villa transaction where the homeowner is a long-term expatriate Thai resident.

Banyan Residences Villas, Hua Hin

Hua Hin Is Catching Up
Hua Hin is definitely catching up to Phuket as a go-to destination for luxury real estate; appealing to its domestic market. In addition, with the widening of the Bangkok-Hua Hin road to be completed by 2022, this six-lane highway where road users can make a trip from the Thai capital to Hua Hin in two hours, will bode well for Hua Hin’s future trade, commerce and tourism. Not forgetting, a double-track trail system which is set to be completed in the same year, further shortening travel time from Bangkok. Lastly, the upcoming expansion plans of the international airport at the cost of THB 350 million will be completed by 2023, thereby allowing regional legacy aviation carriers to berth in Hua Hin.

Hua Hin is also noticing a seachange in its infrastructure where international schools, hospitality projects and international medical facilities are all in the works to create the once-sleepy destination as Thailand’s Riviera. Read about this other property in Hua Hin.

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BOOK ROOM

27 DECEMBER 2017
27 DECEMBER 2017

Of course, if you would like to make any adjustments to the layout, or even if you would prefer an entirely new layout that keeps within the seamless style of Banyan, then our Project Director will prepare a custom design draft based on your input. Once the designs have been completed and approved, we will then tender them to a number of reliable contractors. Once we’ve gathered their BOQ (Bill of Quality) quotations, you will then be able to make an informed decision as to which contractor you would like to choose.

Additionally, The Banyan Residences can provide you with an exceptional Project management service (for an additional fee of 5% of total construction cost) who will gladly guide you through the entire process of buying your own luxury villa in Hua Hin from start to finish. They will also be able to manage the construction process from A through Z, ensuring that absolutely everything is on point, up to standard, and accounted for.

In any case, our internal project management team will be beside you every single step of the way as you optimize your villa. We will do everything in our power to ensure that your unique Villa feels like home and fits perfectly within your budget, lifestyle, and chosen design preferences.