 The property market in Hua Hin has shown that property investment in Thailand is still one of the best investments one could have made in the past 10 years. Even though the financial crisis has now peaked it was not as bad. It is estimated that by 2010 the financial crisis would have passed and that prices in condominium units in Hua Hin would again rise. The latest stats from Thailand shows that on average over the past 5 years the property values in Thailand have increased by an average of 30%. The highest being in Bangkok at 47% and much lower grwoth in property values in Hua Hin of around 33%. If you had invested in property in Hua Hin over the past 5 years you would have seen an increase in value beter than the stock market during the same period. Property in Thailand but especially in Hua Hin is always a good investment as Hua Hin tends to attract your retired couples who have wealth to spend. This makes the property market very liquid and flipping your property becomes a possibility. There is alot of money being poured into enw condominium blocka in Hua Hin as developers are already preparing for a rush for investment property again. Century 21 will soon launch two projects developed by Benz BKK, a luxury car importer. One will be worth 1 billion baht in Hua Hin and the other a mixed-use project worth 4 billion baht near the Bang Na-Sukhumvit intersection. If you are thinking of investing in property in Hua Hin either as an investment or for your retirement, speak to one of our lawyers in Hua hin or at any of our branches in Thailand. Speak to us via our tollfree US or UK telephone numbers right now or speak to a consultant on our main website via live chat. Call Now! |
