An Ownership of Property in Hua Hin

With the continuous rising of the world’s land of 10,000 Smiles, most of Thailand’s cities are also getting popular as destinations not only for travel and leisure but also in lots of opportunities for growth even in the economic aspect. Hua Hin is one of those cities.

The different places anyone can visit are just one factor that makes this city a “second home” especially to the foreign people. Along with the infrastructures it has, Hua Hin is also seen as one of the places with booming growth in the real estate sector. Almost every week, more and more real estate agents are coming in and exerting more efforts to expand property purchasing in a convenient way to its potential clients. Also, many houses and properties are always for sale, which assures the investors can freely choose from. 

If you are one of those people looking for a property to own in this city, knowing what do you really want is very important. For one thing, foreigners are not allowed to have their own land in Thailand. According to WWW.THAILANDFLAT.COM/CITY/HUA-HIN/  the only option that is allowable is to give a 30-year lease of the property. However, it has become one of the setbacks since technically, the property is legally not owned. Fortunately, there is legislation in purchasing condominium units which is more convenient for foreigners since there is more assurance in terms of ownership.

With regards to property ownership and leasing, seeking the help of a legitimate and local real estate agent and lawyer is needed because they will surely guide you both in the legal and property marketing aspects so that you can ensure that you have the best property.

Things to Consider in Ownership

Budget

Knowing how much are you willing to spend is the first thing to ponder in purchasing a property in Hua Hin. Aside from the price of the property, other expenses such as government charges, taxes, and other fees to be collected must be included so it is essential to have an extra to cover these. 

Location of the Property

Hua Hin is not the same small rural town in Thailand. With its expanding and urbanized place nowadays, new development projects may be present. You have to choose the location depending on your lifestyle and routine. You can check the following in considering the location:

• Shopping centers and places to enjoy and have a nightlife
• Transportation
• Location to the workplace, if applicable
• Beaches and other tourist spots
• Schools
• The quietness and convenience to the area

Property Type

Besides condominiums, there are also villas, apartments, and townhouses to choose from, also depending on its location. However, this can be determined by the budget because the location, like in beachfront, depends on this. Also, there are new and second-hand properties that you can take a look at.

Negotiation

Once that you want that particular property, the real estate agent will continue to assist you in the negotiation process. However, remember that this can happen everywhere. In doing this, be as unemotional as possible and provide the impression that you do not bother much about the purchase. One agreed on the price, be sure to have a purchase agreement prepared by your agent, the seller/developer.  

Harper Harrison

Harper Harrison is a reporter for The Hear UP. Harper got an internship at the NPR and worked as a reporter and producer. harper has also worked as a reporter for the Medium. Harper covers health and science for The Hear UP.