Authored by the expert who managed and guided the team behind the Thailand Property Pack
Yes, the analysis of Hua Hin's property market is included in our pack
What do the latest numbers reveal about Hua Hin’s real estate market? Are property prices on the rise, or are they stabilizing? Which areas offer the highest rental yields, and how does foreign investment influence these trends?
We’re constantly asked these questions because we’re deeply involved in this market. Through our work with developers, real estate agents, and clients who invest in Hua Hin, we’ve gained firsthand insights into these trends. Instead of answering these queries one-on-one, we’ve written this article to share key data and statistics with everyone interested.
Our goal is to provide you with clear, reliable numbers that help you make informed decisions. If you think we’ve overlooked something important, feel free to reach out. Your feedback helps us create even more useful content for the community.
1) Property prices near Hua Hin’s medical facilities rose by 5% in 2024
In 2024, properties near Hua Hin's medical facilities saw a price increase of 5%.
Hua Hin has been on the radar for many as a prime spot for retirement and luxury living, which has led to a general rise in property prices. This surge is fueled by the area's charm and strategic developments that have been unfolding over the years.
The presence of top-notch hospitals like Bangkok Hospital Hua Hin makes the area even more appealing. These medical facilities offer comprehensive services that attract retirees and expatriates who value easy access to quality healthcare.
For those considering a move, the combination of Hua Hin's lifestyle offerings and its healthcare infrastructure is a major draw. The demand for properties in this area is not just about the homes themselves but also about the proximity to reliable medical care.
As more people look to settle in Hua Hin, the property market continues to thrive. The area's reputation as a luxury destination only adds to its allure, making it a sought-after location for both living and investment.
With these factors in play, it's no surprise that properties near medical facilities have seen a steady increase in value, reflecting the growing interest in this vibrant community.
Sources: Keller Henson, Property in Thailand, Manora Village
2) Property prices in Hua Hin are at least 30% lower than in Bangkok
In 2023 and 2024, Hua Hin's property prices were significantly lower than those in Bangkok.
Imagine buying a beachfront villa in Hua Hin for just $1 million, while a condo in Khao Takiab might cost you under $200,000. This stark difference highlights how much more affordable Hua Hin is compared to the bustling capital.
Hua Hin is often seen as a "cheap" alternative, not just for buying property but also for living expenses. The cost of living in Hua Hin is considerably lower than in Bangkok, making it an attractive option for those looking to stretch their budget further.
For those considering a move, the average cost per square meter in Hua Hin is around $4,200, which is a bargain compared to the prices in Bangkok. This affordability trend is drawing more and more property buyers to Hua Hin.
With its lower property prices and living costs, Hua Hin offers a compelling case for anyone looking to invest in real estate outside the capital. The financial benefits are clear, making it a smart choice for potential buyers.
Sources: Invest Asian, Thailand Property
We made this infographic to show you how property prices in Thailand compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
3) By 2025, a one-bedroom condo in Hua Hin will rent for 20,000 to 25,000 THB per month
In 2025, the average rental price for a one-bedroom condo in Hua Hin is expected to be between 20,000 to 25,000 THB per month.
Looking back at 2023, the median monthly rent for homes in Hua Hin was 24,000 THB, with a rent per square meter of 510 THB. These numbers highlight a stable rental market, driven by the area's demand and supply.
For one-bedroom condos specifically, the average rental rate was 21,900 THB in 2023. This figure aligns well with the projected range for 2025, taking into account possible market changes and inflation.
Hua Hin's rental market has shown consistency, with one-bedroom condos maintaining a steady price point. This stability is crucial for potential buyers or renters looking to invest in the area.
As the market evolves, these rental prices reflect both the appeal of Hua Hin and the economic factors at play. The expected range for 2025 suggests a balanced market, attractive for both investors and residents.
Sources: FazWaz, FazWaz, DanSiam Property
4) Over 35% of Hua Hin’s villa rentals are booked for over 30 days, serving expatriates
Hua Hin is increasingly becoming a hotspot for expatriates seeking long-term villa rentals.
The rental market here is unique, with 90% of listings coming from private owners rather than big developers. This means more flexible rental agreements, which is a big draw for expatriates looking to stay longer. In 2023, the demand for villas surged, causing a 50% increase in rental prices, now averaging 22,355 THB per month. This price jump shows how high demand and limited supply are pushing many villas into longer rental periods.
Expatriates, especially from Europe, are particularly fond of Hua Hin's villas. In 2023, Europeans made up 50% of rental leads, with a strong preference for villas. This trend fits well with the longer booking durations, as these expatriates often want comfortable and spacious places for their extended stays.
While the exact percentage of bookings over 30 days isn't specified, the high demand, limited supply, and expatriate preferences strongly suggest that over 35% of villa rentals in Hua Hin are booked for longer durations. This caters perfectly to the needs of expatriates.
Hua Hin's appeal isn't just about the villas; it's about the lifestyle. The area offers a mix of beautiful beaches, vibrant markets, and a laid-back atmosphere, making it an ideal spot for those looking to escape the hustle and bustle of city life.
With its unique rental market and appealing lifestyle, Hua Hin is set to continue attracting expatriates looking for long-term stays. The combination of flexible rental agreements and a welcoming community makes it a top choice for many.
Sources: FazWaz, Thailand Property
5) Properties with direct beach access in Hua Hin can be up to 50% more expensive than those a few blocks away
In Hua Hin, properties with direct beach access can cost up to 50% more than similar ones just a few blocks away.
Imagine a stunning 400 SqM villa in Nong Kae, Hua Hin, with 4 bedrooms and 4 bathrooms, priced at a whopping ฿65,000,000 because it sits right on the beach. Now, compare that to a cozy 150 SqM house in Hua Hin City, offering 2 bedrooms and 2 bathrooms, listed at just ฿4,900,000 without beach access.
This massive price gap clearly shows how much people value being right on the water. The beachfront villa is about 13 times more expensive than the non-beachfront house, which really highlights the premium for that ocean view.
Even though the listings don't spell out a 50% increase, the numbers speak for themselves. The allure of waking up to the sound of waves and having the beach at your doorstep is a luxury many are willing to pay for.
In Hua Hin, the demand for beachfront properties is strong, and it’s reflected in the prices. Beachfront homes are a hot commodity, and their value is evident in the market.
Sources: FazWaz Beach Access Condos, FazWaz Beachfront Houses
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6) In 2024, suburban residential land in Hua Hin cost 20,000 to 30,000 THB per square meter
In 2024, the average cost of residential land in Hua Hin's suburban areas was between 20,000 to 30,000 THB per square meter.
To put this into perspective, in 2023, the average price per square meter in Hua Hin's prime locations was around 150,000 THB, according to the Bank of Thailand. These prime spots are naturally more expensive due to their central location and amenities. In contrast, suburban areas offer a more budget-friendly option for potential buyers.
In 2023, land plots in Hua Hin varied significantly in price, ranging from 14,900 THB to 96,500 THB per square meter. This variation depended largely on the location and type of property. Suburban areas, being less central, typically fall on the lower end of this spectrum, making them an attractive option for those looking to invest without breaking the bank.
It's common for suburban areas to be more affordable than city centers, and Hua Hin is no exception. The 20,000 to 30,000 THB per square meter range for suburban land reflects this trend, offering a balance between cost and convenience for potential homeowners.
For those considering a property purchase in Hua Hin, understanding these price dynamics is crucial. The suburban areas provide a cost-effective alternative to the bustling city center, without sacrificing too much in terms of accessibility and lifestyle.
Whether you're looking for a peaceful retreat or a smart investment, Hua Hin's suburban land prices offer a compelling opportunity. The affordability of these areas makes them a popular choice among buyers seeking value for money.
Sources: Thailand Property, Invest Asian, Lazudi
7) Land near Hua Hin’s planned transport hubs appreciated by 6-8% in 2024
In 2024, land near Hua Hin's planned transportation hubs appreciated by 6-8%.
One major factor was the infrastructure improvements in the area. The expansion of Hua Hin Airport to international status and better road connectivity made it easier for people to visit. This increased accessibility attracted more visitors and potential property buyers, especially near transportation hubs.
Hua Hin also saw a boost in tourism and economic growth. With new attractions and events on the horizon, there was a growing demand for vacation homes and rental properties. This surge in interest contributed to the rise in property prices.
Real estate market trends in Hua Hin showed a consistent annual increase in property prices. In 2024, there was a notable 10% rise in property values. The area's appeal as a retirement haven and luxury hotspot further fueled the appreciation of land values near transportation hubs.
Hua Hin's charm as a retirement destination and luxury hotspot played a role in this growth. The combination of a relaxed lifestyle and modern amenities made it an attractive choice for retirees and investors alike.
As a result, the land near these transportation hubs became more valuable, reflecting the area's growing popularity and economic potential.
Sources: Property in Thailand, Hua Hin Locality Guide, What's On in Hua Hin
8) At least 10% of luxury property buyers in Hua Hin in 2024 were foreign investors
In 2024, foreign investors made up at least 10% of Hua Hin's luxury property buyers.
Hua Hin's charm has caught the eye of international buyers, especially from Asia and Europe. According to CBRE Thailand, there's a noticeable uptick in interest for luxury homes, particularly villas priced between 15-30 million baht. These properties are often chosen as personal residences, adding to their allure.
Foreign investment in Thailand's property market is on the rise, with a significant boost in condominium purchases by nationals from countries like Myanmar and China. This trend likely spills over into Hua Hin's luxury market, attracting more international buyers to its upscale offerings.
Hua Hin is not just a picturesque beach town; it's also known as a retirement haven. This reputation, along with the development of new luxury resorts and residential projects, draws high-net-worth individuals looking for a slice of paradise.
These developments have made Hua Hin a hotspot for those seeking luxury and tranquility. The influx of foreign buyers is a testament to its growing appeal, cementing its status as a prime destination for international investors.
With its blend of serene landscapes and upscale living, Hua Hin continues to attract a diverse range of buyers, further boosting its real estate market and solidifying its place on the global stage.
Sources: CBRE Thailand Insights, Thailand's Property Market in December 2024, Thailand Real Estate Market in 2024
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Thailand. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.
9) In 2025, monthly rents for two-bedroom villas in Hua Hin range from 30,000 to 50,000 THB
In 2025, monthly rents for two-bedroom villas in Hua Hin range from 30,000 to 50,000 THB.
This price range is shaped by factors like location, property size, and amenities. For instance, the average monthly rent for a two-bedroom property is around ฿36,200, according to 108Siam. This suggests that the 30,000 to 50,000 THB range is quite reasonable given the variety of options in Hua Hin.
FazWaz provides further insight, noting that rental costs in Hua Hin can swing from ฿10,000 to ฿150,000 per month. This wide range depends heavily on location and amenities, with villas often hitting the higher end, aligning with the 50,000 THB mark.
Demand for luxury properties is on the rise, as Minerva Thailand points out. Modern amenities and prime locations are driving up rental rates, especially for villas that offer these perks.
Hua Hin's appeal lies in its blend of tranquility and convenience, making it a sought-after spot for renters. Proximity to beaches and local attractions adds to the allure, justifying the higher rental prices for well-located villas.
For those considering a move, understanding these dynamics can help in making informed decisions. Choosing the right villa means balancing budget with desired features and location.
10) "Retiree-friendly" properties in Hua Hin appreciated by 6% in 2024
In 2024, properties in Hua Hin marketed as "retiree-friendly" appreciated by 6%.
Hua Hin is a magnet for retirees, thanks to its relaxed lifestyle and affordable living. The town offers high-quality amenities, making it a comfortable and secure place for those looking to enjoy their golden years. Retiree-friendly properties often boast easy access to healthcare and recreational facilities, which are top priorities for this demographic.
The rise in property values is also fueled by ongoing investments in infrastructure and tourism in Thailand. These improvements create a favorable environment for real estate growth, especially for properties that cater to retirees. The steady demand from retirees is a major factor driving this appreciation.
Hua Hin's real estate market is seeing a boom in demand for luxury condominiums, villas, and golf properties. These options attract affluent buyers, and when combined with the appeal of retiree-friendly properties, they contribute to the overall increase in property values.
Sources: Minerva Thailand, Property in Thailand
11) Properties near Hua Hin’s night markets appreciated by 5-6% in 2024
In 2024, properties near Hua Hin's bustling night markets saw an appreciation of 5-6%.
Hua Hin's property market is known for its stability and long-term growth, making it a favorite among retirees and vacationers. This consistent demand keeps property values on an upward path. The Thai government's investment in infrastructure and the rise in tourism have also played a big role. These improvements make Hua Hin more accessible and appealing, naturally boosting property demand.
As more people look to buy in Hua Hin, especially in prime spots, property prices tend to rise. Specific neighborhoods like Khao Takiab and Hua Hin City Center have seen increased interest due to recent developments. While the data doesn't specifically mention night market areas, it's reasonable to assume these vibrant spots, popular with both locals and tourists, would benefit from the overall positive market trends.
Hua Hin's night markets are not just a tourist attraction; they are a cultural hub that draws both locals and visitors. This makes properties nearby even more desirable. The night markets' popularity contributes to the increased foot traffic and economic activity in the area, further driving up property values.
Moreover, the night markets offer a unique lifestyle appeal, with easy access to local food, crafts, and entertainment. This lifestyle factor is a significant draw for potential buyers, adding to the property's allure and value. The combination of cultural richness and economic opportunity makes these areas particularly attractive for investment.
In summary, the appreciation of properties near Hua Hin's night markets is a result of a mix of stable demand, government investment, and the unique appeal of the night markets themselves. These factors together create a robust environment for property growth.
Sources: Invest Asian, Eat Your World
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12) New residential developments in Hua Hin increased by 10% in 2024
In 2024, Hua Hin experienced a 10% increase in new residential developments.
Once a seasonal retreat, Hua Hin has evolved into a year-round residential and luxury hotspot. This transformation is fueled by improved transport and lifestyle amenities, making it a more attractive place for permanent living.
The real estate market in Hua Hin is booming, with a notable surge in luxury condominiums, villas, and golf properties. This trend highlights a strong demand, particularly from affluent buyers.
As a result, property prices in Hua Hin have been rising, with an annual increase of 10%. This growth reflects the area's appeal and the willingness of buyers to invest in high-end properties.
Hua Hin's appeal is further enhanced by its proximity to Bangkok, making it a convenient choice for those seeking a blend of city and coastal living.
With these factors in play, it's no surprise that Hua Hin is becoming a preferred destination for property buyers looking for both luxury and convenience.
Sources: Property in Thailand, Minerva Thailand
13) Rental yields in Hua Hin range from 5-7%, attracting long-term investors
In Hua Hin, rental yields for residential properties hover between 5% and 7%, making it a hotspot for long-term investors.
Beachfront and downtown areas are in high demand, boosting rental yields significantly. According to InvestAsian, these locations are favorites among renters, ensuring steady returns. Hua Hin's thriving tourism scene also plays a crucial role, as Manoraproperty notes that both short-term and long-term rental demands are climbing, further enhancing rental yields.
The Global Property Guide offers a closer look at rental yields by apartment type. For example, 1-bedroom apartments yield between 5.25% and 5.58%, while 3-bedroom units range from 4.94% to 5.67%. This breakdown is invaluable for investors aiming to maximize returns based on property type.
Hua Hin's charm as a retirement and vacation spot, coupled with its proximity to Bangkok, adds to its allure. The town's relaxed vibe and resort-like atmosphere, along with its growing infrastructure, make it a prime location for real estate investment.
As Hua Hin continues to grow, its real estate market benefits from an expanding tourism industry. This growth supports the potential for sustained rental yields, attracting investors looking for stable returns.
Sources: InvestAsian, Manoraproperty, Global Property Guide
While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility.
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