Dont be put off your dreams

  • 8 months ago
  • 0

Over the past few months, since we began working on this article, I have expressed concerns about buyers who may have misunderstood their purchasing options or have not received the clearest advice. While I’ve received some very positive feedback, most of it comes from buyers who were unsure about the various methods available for purchasing. However, there have also been negative comments on social media platforms regarding this article. Many of these negative remarks stem from individuals who have had negative experiences or made mistakes in the past when dealing with property investments. This can be disheartening for new buyers, casting a shadow over an important chapter in their lives.

Most of these potential buyers are nearing retirement or have already retired. The prospect of living in Thailand becomes a top priority due to its climate, lifestyle, cost of living, and other appealing factors that promise the best years ahead.

On the opposite end of the spectrum, for buyers solely interested in property as an investment with no intention of residing here, there are good options, albeit quite limited. While it’s possible to make money through property investments in various ways, the risks are higher for those solely focused on a straightforward return on investment. Nevertheless, with the right agency support, such opportunities do exist.

This brings me to Hua Hin Property 2009 Co Ltd. Although we are not a legal entity, we possess expertise in this field due to our many years in the business and frequent discussions with knowledgeable lawyers about the buyer’s market. Our goals are straightforward: to assist a small number of buyers in making the most of their experience and to dedicate as much time as necessary to guide them through the entire purchase process until they are ready for their first housewarming party! Whether you are looking to invest, retire, or spend your holidays in Hua Hin, our guidance will always be clear and honest.

My advice is to consider purchasing property here primarily if you are already retired or planning to retire soon. Start by using only the money you need. By that, I mean avoid purchasing something excessively large, impractical, or unsuitable. This way, you’ll have time to settle into your daily life, likely purchase a vehicle and some additional items related to your interests. After you’ve acclimated and established yourself here, you can explore further investment opportunities.

What has become quite common, as I’ve noticed, is that new buyers who lack confidence in the market seek well-priced, secure, and well-managed projects to begin their time in Hua Hin. Once fully committed to Hua Hin, many of these buyers choose to sell or rent out their initial home and opt for something that better suits their needs, whether it’s bigger, smaller, or closer to their requirements.

One common mistake I’ve observed is that some buyers ask for properties close to town when other amenities are more critical. For instance, school runs or frequent golf outings often necessitate a location different from what they initially

desired and lead to frustrating journey’s away for the centre to visit what they enjoy

. The desire to be near town, which might only be visited once or twice a month, can lead them to a noisy village or a community with high rental occupancy, making it challenging for them to settle in and enjoy the communal aspects of livingDont

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