ENJOY A LARGER LAND
PLOT
Larger land plots are another
advantage in buying pre-owned. In Hua
Hin, land prices have and will continue
to rise. It’s not unusual now to see new
homes in the 8+ million baht category
sitting on land plots of 550 square meters
or less. Only just three years ago if you
were paying that much for a home you
could expect at least 800 square meters of
land. New projects now face ever higher
land prices and those costs are shared by
all of the new buyers in that project.
ENJOY THE
DEVELOPMENT’S
AMENITIES WITHOUT
WAITING
It’s not true of all new developments
but a lot of new projects will build
the amenities at the end of the project
cycle instead of at the beginning. That
communal swimming pool, club house
and fitness center you bought into is
expensive and developers tend to wait
until they have made the majority of
their profit before they invest in those
big ticket items, which helped sell their
project to begin with. With a resale home
all those amenities are already in place.
NEW HOME SNAGS ARE
ALREADY TAKEN CARE OF
A new home consists of tens of
thousands of parts and with any new
home you are going to have a few
problems or snags. If a home has been
lived in for a few years then all those
initial snags should have been taken
care of by the builder before the original
owner accepted the home.
ENJOY THE CONVENIENCE
OF BEING CLOSER TO TOWN
As mentioned earlier, land prices
continue to increase in Hua Hin. To
make homes affordable developers are
having to buy their land further away
from Hua Hin’s center where land prices
aren’t as high. Older homes were built
when land prices close to Hua Hin
weren’t as expensive. That’s why you’ll
find older homes closer to Hua Hin
center. This can be quite important to
older people looking for a home in Hua
Hin.
July 15 - August 15 , 2015
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