Unit ID: U1828422
6% Rental Yield
Nong Kae, Hua Hin, Prachuap Khiri Khan
$232,000
2 Bedrooms
2
Bathrooms
2,583 Sqft
Size
7
Floor
May 2011
Completed

About This Condo

This property is a 2,583 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Nong Kae, Hua Hin and was completed in May 2011. You can buy this condo for a base price of $232,000 ($90/Sqft).

Features

BalconyBalcony BathtubBathtub OvenOven TVTV

Basic Information

Date Listed May 7, 2024
Updated 6 months ago
Property Type Condo
Floor 7
Bedrooms 2
Size 2,583 Sqft
Price per Sqft $90
Pets Not Allowed
Condo Ownership

Foreign nationals can own condominium units as freehold owners in buildings where no more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if it is currently below 49%.

Thai Quota
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) Sea View
Unit Type N/A
Building N/A
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
$279/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1828422

Investment Opportunity: Charges & Yield

Sale Price
$232,000
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
$279/mo
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
17
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 2 bedroom condos at SeaRidge, and the current sales price.
6%

Project Details

Project Name: SeaRidge
Construction: Completed (May 2011)
Floors: 6
Buildings: 1
Units: 56
Project Area: 613,543 Sqft
Nearest Landmark Khao Tao Beach - 2.3 Km
Location: Nong Kae, Hua Hin
SeaRidge Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area

Popular Facilities at SeaRidge

  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor

Available Units at SeaRidge

For Sale 10 For Rent 13
Get notified when new homes are being added to SeaRidge
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Frequently Asked Questions

No pets are allowed at SeaRidge unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
The common area maintenance fee is $1 per square meter based on the size of indoor area of the property and is $279 for this condo. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
Khao Tao Beach is the nearest Beach from SeaRidge and it is 2.3 km away.

Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

 

Read more here

After you have found the right property at SeaRidge you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Read more here

Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

Read more here

Reviews

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The second home is a simple condo in the middle of the mountains and beautiful nature.
Sacha Tremaine, United Kingdom, 12 years ago
I bought this condo because I like the atmosphere with the greenery. Wherever you look, it's easy on the eyes. Most importantly, it's a perfect hideaway from the hustle and bustle. Next, I will start reviewing the condo. My first house was in Phuket. I bought it for my parents to live there, but I have to come to work in Hua Hin, so I decided to buy a 3-bedroom unit for this project. In case if my family and my relatives visit me, they will have comfortable accommodation to stay. As for the location, it is great next to the shopping mall, restaurant, and seaside. It is so easy to get around, but the main road is Petchkasem Road. There will be disadvantages here in the matter of parking. There will be insufficient per housing member, so I have to waste time to find a parking space each time quite a bit. Everything else is ok because I like the nature of this place, so I agree with everything.
Hua Hin
Nong Kae

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby SeaRidge

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
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Number of units
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Completion Status
Project Name
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Location
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▼ -8% underpriced
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Completion Status
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Project Name
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Location
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Completion Status
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Year Built
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Monthly Rentals
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Year Built
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Completion Status
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Project Name
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Sales Prices
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▼ -33% underpriced
Monthly Rentals
$867
Year Built
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Completion Status
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Project Name
The Sky 126
Location
Nong Kae, Hua Hin, Prachuap Khiri Khan
Number of units
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Sales Prices
$268.65K - $410.2K
Monthly Rentals
N/A
Year Built
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Completion Status
Off Plan
Location
Nong Kae, Hua Hin, Prachuap Khiri Khan
Number of units
54
Sales Prices
$150.21K - $303.32K
▲ 4% overpriced
Monthly Rentals
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Year Built
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Completion Status
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Location
Nong Kae, Hua Hin, Prachuap Khiri Khan
Number of units
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Sales Prices
$401.53K - $566.19K
▼ -6.3% underpriced
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Made To Order
Location
Nong Kae, Hua Hin, Prachuap Khiri Khan
Number of units
159
Sales Prices
$158.88K - $353.58K
▲ 2% overpriced
Monthly Rentals
$722 - $1.3K
Year Built
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Completion Status
Completed
Project Name
Baan Nub Kluen
Location
Nong Kae, Hua Hin, Prachuap Khiri Khan
Number of units
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Sales Prices
$109.77K - $1.3M
▼ -20% underpriced
Monthly Rentals
$693 - $1.44K
Year Built
May 2009
Completion Status
Completed
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