thegreglowe.com

While Phuket and Pattaya´s property markets have boomed over the past few years, with high-rise condominiums and luxury villas projects dotting the respective landscapes, something more moderate has been taking place along the Gulf of Thailand´s western coast.

Hua Hin, which was established as the country´s first beach resort by King Rama VII in the 1920s, has been undergoing its own cycle of growth. But unlike the breakneck pace of construction at the more popular, better-developed seaside destinations, on the surface the town´s property sector appears to be something of a slow-burner.

Property experts say this helps create a more sustainable market. While the town has not experienced the boom of its cousins, the risk of any corresponding bust is much reduced. A less developed infrastructure and longer travel times from Bangkok has created a smaller but more loyal stream of tourists and buyers. Read more…