I have lived here for nearly 7 yrs and know quite a bit about the property market, I have not heard of Labua in Hua Hin, there is a Labua tower block in Bangkok, it's possibly the same company ! First of all I made a lot of mistakes when I first bought property here, I'd been coming here on holiday for 25 yrs and thought I knew it all, I was so wrong, there are so many pitfalls buying here, I would need a week to tell you them all, everybody tells you this but nobody listens, you must come and rent for a year before buying, there is no way you can buy on a flying visit or from a web site, if you do, you will live to regret it, don't even think about buying on a development that has not even been started, 80% of them never get finished, a lot never get started, you see signs going up all the time, new houses here, they take a dozen deposit's, possibly build a show House, then disappear, the sign's fall down, the show House starts to rot and you never see your money again, there's no come back here, as a foreigner you cannot take a Thai company to court, even if you could find them. Why not buy secondhand, there are thousands for sale, from 2 million to 200 million, some stunning Houses, that way you can see how the development works, is it secure and safe, is it kept clean and tidy, can they get water all year round,( a lot can't ) are there disputes over communal charges etc etc ....the list goes on, non of this you can do with a new development. As for renting out, Hua Hin has the shortest tourist season of any resort in Thailand, from mid Dec to mid April, that's it, the rest of the year you get a few odd rentals, but you can't count on them, just like all the Hotels are empty for most of the year, just remember the developers can promise you anything, because they know there is nothing you can do if they don't deliver. Sorry to sound so negative it's just a fact, once you've lived here a while you stop seeing things through rose tinted spectacles.