Tips For Buying A House In Hua Hin
Hua Hin is a town in Thailand. It is one of the eight districts of Prachuap Khiri Khan Province. It is located in the northern part of Malay Peninsula. It is a beach resort town and it has a population of 84,883 in an area of 911 kilometer squared. Hua Hin has a tropical savanna climate; that is temperatures are warm to hot throughout the year and the year begins with dry seasons. Dry seasons are from December to April while the monsoons arrive in May. Heavy rains begin from September to November.
Demand for houses in Hua Hin is very high because of the beautiful mix of city and sea. The place has lively markets with variety of very affordable items, city services that function fully, cosmopolitan ambiance and tasty and well prepared street foods. Hua Hin is the best place to live and enjoy life to the fullest.
5 Tips For Buying A House In Hua Hin
Buying a house in Hua Hin can be time consuming; this is because there is a variety of good houses to choose from.
Here are tips that you can use when buying a house in Hua Hin and ensure what you buy is the best.
1. Find the right location
Since Hua Hin is a very beautiful place full of many tourist attraction sites, it is good to find the best location to buy your house. The market value of the house you want to buy will depend on the location that the house is built. You can buy houses that are near the beach, golf clubs or the ocean.
2. Convenient Price
The market value of houses in Hua Hin varies with the location of the houses. For example, a house in the more developed parts of Hua Hin have more market sale value than the houses on less developed parts. Consider a price that will be convenient for you.
3. Define Your Lifestyle
Before buying or searching for a house to buy, you should be able to know what you need. Decide whether you want a bungalow, a villa, a small apartment or a townhouse which is within what you are able to pay. Your lifestyle should also be put into consideration. Choose a house that suits your lifestyle best.
4. Determine your financial possibilities
When you start looking for a house for sale Hua Hin, the most important thing to do is to determine your budget. Buy a house that will not leave you bankrupt after buying it. Try to discuss with your financial advisor and ask for his advice before buying a house. Buy a house that will not turn out to be expensive than what you cannot afford. Don’t just look at the mortgage rates; also consider the expenses that will come after buying the house.
5. Compare the new and the re-sale property
You may find some re-sale houses that are still in good condition and shape. Before you buy a new house and there is a re-sale house available, first check how it is and if it fits what you wanted you can go for it. If you find a re-sale house that needs renovation first, compare the price of the new house to that one and go for the best option.
What to look for when buying a house Hua Hin
Before buying any house, there are things that you should look for in the house for you to make a decision on whether you will buy or not. Here are some of the things that you should look for before buying a house.
Confirm if the roads to where the house is located are good, or is there access to shopping centers, hospitals and schools if you have school going children.
How is the security in that place? Are you and your family safe if you buy the house there? Those are the questions that you should ask yourself. If the answer is no then consider buying the house somewhere else and if yes then go ahead and buy the house.
Check if there is direct access to internet connection and direct lines.
Check the supply of water in that house; does it have any water supply problems? Check the available supplementary water facilities.
Electricity is very important in a house, check the main connection and confirm if there are any backup generators available.
6. Hot water facilities
Most of the houses in Hua Hin have instant hot water facilities. Confirm if the house has that facility before buying.
7. Air conditioner
An air conditioner in Hua Hin is a necessity because of the weather there. Make sure that the house that you are buying has an air conditioner.
Ways of buying a house in Hua Hin
Since foreigners are not allowed to own land in Hua Hin, here are ways that he can own one House Hua Hin.
Nominee with lease and option to buy
A foreigner can use a Thailand nominee to by a land or house and have a 30 year old lease from that nominee. In order for the lease to be valid, it must be registered. The re
gistration includes payment of stamp duty and registration fee, the fee is based on the percentage of the rental fee for the term.
Limited Liability Company
As a foreigner, this root is the best for you to use, in order to get that dream home in Hua Hin that you have always wanted. Thailand’s law states that the majority of shareholders in a company should be Thai. Any company that wants to buy a land and the shareholder that owns over 40% of the shares is a foreigner; investigation will have to be done by the central land office. Foreign shareholders should own up to a maximum of 39%, with this, the foreign shareholder can only be the director of the company and an officer with the responsibility of undertaking contractual dealings on the company’s behalf. With this power, the foreigner can have control over the company.
Have Your Dream Home
Foreigners need not to be afraid of buying properties in Hua Hin, just use the ways illustrated above and you can have properties in Hua Hin. Go ahead and have that Hua Hin House as the dream home that you have always wanted; a Foreigners House in Hua Hin.