Unit ID: U1934877
7% Rental Yield
Hin Lek Fai, Hua Hin, Prachuap Khiri Khan
$150,000
3 Bedrooms
2
Bathrooms
1,510 Sqft
Indoor Area
1
Storeys
Jul 2024
Completed

About This House

This property is a 1,510 Sqft house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Hin Lek Fai, Hua Hin and was completed in Jul 2024. You can buy this house for a base price of $150,000 ($100/Sqft).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking

Basic Information

Date Listed Sep 17, 2024
Updated 2 months ago
Property Type House
Storeys 1
Location Hin Lek Fai, Hua Hin
Bedrooms 3
Nearest Landmark Black Mountain Water Park -3.6 Km
Indoor Area 1,510 Sqft
Price per Sqft $100
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 3,862 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.

N/A
Land Title Deed N/A
Construction Completed (Jul 2024)
Furniture
Unfurnished
View(s) Garden View
Unit Type BSE
Parking Spots 3
Pool Size 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
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1934877

Investment Opportunity: Charges & Yield

Sale Price
$150,000
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.
15
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 La Vallee Village Town 2 , and the current sales price.
7%

Project Details

Developer: LHM Property Group
Construction: Completed (Jul 2024)
Units: 111
Project Area: 438,780 Sqft
Nearest Landmark Black Mountain Water Park - 3.6 Km
Location: Hin Lek Fai, Hua Hin
La Vallee Village Town 2 Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Reception / Lobby Area Reception / Lobby Area
Outdoor Kids Zone Outdoor Kids Zone
Communal Garden Area Communal Garden Area

Popular Facilities at La Vallee Village Town 2

  • Communal Pool
    1st Floor

Available Units at La Vallee Village Town 2

For Sale 6 For Rent 1
Get notified when new homes are being added to La Vallee Village Town 2
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Loan Calculator

Payment Plan

A and BT
Installment Milestone Payment
Reservation Deposit
Immediately
$199
1st Installment
Upon contract signing
10%
2nd Installment
On handover
90%
B, BD and BS
Installment Milestone Payment
Reservation Deposit
Immediately
$285
1st Installment
Upon contract signing
10%
2nd Installment
On handover
90%
AT
Installment Milestone Payment
Reservation Deposit
Immediately
$141
1st Installment
Upon contract signing
10%
2nd Installment
On handover
90%

Frequently Asked Questions

All kind of pets are allowed at La Vallee Village Town 2 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is $1 per square meter based on the plot size of the property and is $279 for this house. 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.
Black Mountain Water Park is the nearest Tourist Attraction from La Vallee Village Town 2 and it is 3.6 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

After you have found the right property at La Vallee Village Town 2 you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
A and BT
Installment Milestone Payment
Reservation Deposit
Immediately
$199
1st Installment
Upon contract signing
10%
2nd Installment
On handover
90%
B, BD and BS
Installment Milestone Payment
Reservation Deposit
Immediately
$285
1st Installment
Upon contract signing
10%
2nd Installment
On handover
90%
AT
Installment Milestone Payment
Reservation Deposit
Immediately
$141
1st Installment
Upon contract signing
10%
2nd Installment
On handover
90%


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

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

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Hua Hin
Hin Lek Fai

Neighborhood Overview

Location and Neighborhood

Street View

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