Where do you start?

Ask here about the pleasures and pitfalls of buying, selling or renting property and real estate in Hua Hin. Building, design and construction topics welcome. Commercial or promotional posts for real estate companies or private properties are forbidden.
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derf1
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Where do you start?

Post by derf1 »

I have been to HH about five times, some friends have bought a condo and I would like to look into the ides. I will be in Hua Hin a week from now and would like to do some research on properties, renting versus buying, a house vrs. townhouse vrs. condo. Does anyone recommend people who are knowledgeable in this area, have contact information on them? Many thanks
Gutte
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Post by Gutte »

My recommendation would be:
If you meet someone who has a strong opinion in these matters, you'd better suspect that he has his own agenda.

You really just have to look at many different alternatives, listen to many people (who will tell you totally different stories), and finally decide what you think yourself.

Where to start: Let a few of the real estate agents take you around and show you different objects that are for sale. Try to look more at finished houses or condos than at brochures and drawings of "coming" developments. Later, when you know better what you are looking for, you can start comparing existing objects to those of future developments.

I have bought from drawing in a development myself. After that experience I no longer recommend any of my better friends to do the same. :?
Jaime
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Post by Jaime »

I think I would echo the above virtually word for word. Having said that, if I had delayed at the time I think we would have ended up paying alot more than we did due to the over heating market at the time. Not sure how it is now.
Nomad
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Post by Nomad »

There seems to be some different opinions on the present selling prices of properties. Are they too high, will they fall, will they stay the same? Renting a place for 6 months or a year would give you a chance to appraise the situation.
essbee
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Post by essbee »

I agree with most of the above sentiments however in relative terms the price of property in Hua Hin is like 1970 prices in Spain and many thought they were getting to a state of overheating in late the 70’s, how wrong that view was ! and I wish I had the money then to have invested in Spain.

The matter of buying off plan as compared to complete is an issue as most properties are built to order, certainly on my development that was the case and also all of the other developments that we looked at.

There are some BIG development on plan at the moment, one is on 300 rai and will be developed by a large Bank, so they obviously see room in the market. There are also several other large developments in a planning stage.

I think the rule of thumb is to buy on a development that is well underway and talk to as many owners as you can to see how good the builders were.

We are certainly pleased with what we got and wish you good luck.

:thumb:
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johnnyk
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look, look and look some more

Post by johnnyk »

You wouldn't buy the first car you saw, would you?
Every time you look at houses and developments you learn more so there is no substitute for visiting as many as you can, look carefully, ask questions and see if you get a proper reply or bumpf, take notes etc etc. go over your notes/pics at the end of the day.
Estate agents will take you around for free, its their job and if they don't want to then move on, its a competitive business.
And don't be pushed, its business not friendship.
derf1
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Great advice...any suggestions of people?

Post by derf1 »

:) Thanks for the input above, good advice, seems to run parallel to buying back home as well. Research, research, research.Can anyone recommend some developments to see or agents that you have had success with?
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