Unit ID: U1699884
9% Rental Yield
Hin Lek Fai, Hua Hin, Prachuap Khiri Khan
$224,000
3 Bedrooms
4
Bathrooms
3,272 Sqft
Indoor Area
10 Months
Made To Order

About This House

This property is a 3,272 Sqft house with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Hin Lek Fai, Hua Hin and will be built within 10 months of purchase. You can buy this house for a base price of $224,000 ($68/Sqft).

Features

Wet BarWet Bar Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Dec 1, 2023
Updated 1 year ago
Property Type House
Storeys 0
Location Hin Lek Fai, Hua Hin
Bedrooms 3
Nearest Landmark Hua Hin Beach -15 Km
Indoor Area 3,272 Sqft
Price per Sqft $68
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
N/A
Plot Size 2,669 Sqft
Pets All Kind of Pets Allowed
House Ownership

Foreign nationals can own the building (house) in their own name, but not the land that it stands on.

Thai Ownership, Company
Land Ownership

Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.

Thai Ownership, Company
Land Title Deed N/A
Construction Made To Order (10 Months)
Furniture
Unfurnished
View(s) Pool View
Unit Type Private pool villa
Parking Spots 3
Pool Size 4m x 9m
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.
N/A
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1699884

Investment Opportunity: Charges & Yield

Sale Price
$224,000
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.
11
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 3 bedroom houses at Baan Rabiengkao 2, and the current sales price.
9%

Project Details

Project Name: Baan Rabiengkao 2
Construction: Made To Order (10 Months)
Units: 7
Project Area: 129 Sqft
Nearest Landmark Hua Hin Beach - 15 Km
Location: Hin Lek Fai, Hua Hin
Baan Rabiengkao 2 Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at Baan Rabiengkao 2

For Sale 6 For Rent 1
Get notified when new homes are being added to Baan Rabiengkao 2
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Loan Calculator

Payment Plan

Installment Milestone Payment
1st Installment
On handover
100%

Frequently Asked Questions

All kind of pets are allowed at Baan Rabiengkao 2 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Hua Hin Beach is the nearest Beach from Baan Rabiengkao 2 and it is 15 km away.

The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry, which secures ownership indefinitely of the structure.

In Thailand, non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years, and most developers will offer 3 terms for a total of 90 years.

 

Read more here

A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years.


Prior to purchasing a leasehold property, it is important to secure a copy of the lease agreement or get further clarity on these three points:

  • - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.

  • - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)

  • - Is there a succession clause in the lease agreement that will allow inheritance of the lease?


Read more here

After you have found the right property at Baan Rabiengkao 2 you have to follow these steps:

 

  • - Unit selection and agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - 1st Contract Payment
  • - Payment Installments
  • - Snag List
  • - Transfer

Installment Milestone Payment
1st Installment
On handover
100%

Read more here

 

Reviews

4.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Great place for urban escape
Grace T., Finland, 4 years ago
I want to have a vacation home in Hua Hin because it's just a few hours driving from BKK. I've been looking for many places, but I didn't find what I wanted until I visited this house. It's a made-to-order project, so I can get what I want exactly. I can choose both the plot size and the house's design. Also, I can ask the architect team to customize the place for me. They are very professional and talented. The house model that we chose was Able. It is a two-story house which is spacious. I really like the décor style and the pastel colors, which give minimal and stylish looks. I've slightly changed the house's layout, which comes out exactly what I want to see. Now we just got a final house plan. It's still under construction but can't wait to see it. I'm so glad about it. The location is in the prime area, close to many tourist attractions such as the floating market, Hua Hin Night Market, and Black Mountain Golf Club. Besides, the project has only 7 houses, making it private. If you want to own this house. You have to hurry!
Hua Hin
Hin Lek Fai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Baan Rabiengkao 2

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Baan Rabiengkao
Location
Hin Lek Fai, Hua Hin, Prachuap Khiri Khan
Number of units
7
Sales Prices
$23.88K - $115.34K
Monthly Rentals
N/A
Year Built
Dec 2017
Completion Status
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Project Name
The Grove Villas
Location
Hin Lek Fai, Hua Hin, Prachuap Khiri Khan
Number of units
24
Sales Prices
$573.79K
Monthly Rentals
N/A
Year Built
Jan 2016
Completion Status
Completed
Location
Hin Lek Fai, Hua Hin, Prachuap Khiri Khan
Number of units
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Sales Prices
$106.95K - $143.09K
▼ -18% underpriced
Monthly Rentals
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Year Built
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Hin Lek Fai, Hua Hin, Prachuap Khiri Khan
Number of units
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Sales Prices
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Monthly Rentals
N/A
Year Built
N/A
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Location
Hin Lek Fai, Hua Hin, Prachuap Khiri Khan
Number of units
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Sales Prices
$77.76K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Made To Order
Location
Hin Lek Fai, Hua Hin, Prachuap Khiri Khan
Number of units
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Sales Prices
$368.99K - $612.1K
Monthly Rentals
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Year Built
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Completion Status
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Project Name
Smart Hamlet
Location
Hin Lek Fai, Hua Hin, Prachuap Khiri Khan
Number of units
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Sales Prices
$199.46K - $254.09K
Monthly Rentals
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Year Built
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Completion Status
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Project Name
The Rico Huahin
Location
Hin Lek Fai, Hua Hin, Prachuap Khiri Khan
Number of units
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Sales Prices
$97.13K
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Monthly Rentals
$636 - $723
Year Built
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Completion Status
Completed
Location
Hin Lek Fai, Hua Hin, Prachuap Khiri Khan
Number of units
22
Sales Prices
$401.8K - $430.71K
Monthly Rentals
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Year Built
N/A
Completion Status
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Location
Hin Lek Fai, Hua Hin, Prachuap Khiri Khan
Number of units
22
Sales Prices
$236.11K - $238.54K
Monthly Rentals
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Year Built
N/A
Completion Status
Completed
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