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    3 Bedroom House for sale at Mali Prestige
    Thap Tai, Hua Hin, Prachuap Khiri Khan
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    Sale Price
    $455,000
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    3 Bedroom House for sale at Mali Prestige
    (2 Reviews)
    Unit ID: U1168414
    7% Rental Yield
    Thap Tai, Hua Hin, Prachuap Khiri Khan
    $455,000
    3 Bedrooms
    3
    Bathrooms
    2,766 Sqft
    Indoor Area
    Dec 2017
    Completed
    15
    Sale Price
    $455,000

    About This House

    This property is a 2,766 Sqft house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Thap Tai, Hua Hin and was completed in Dec 2017. You can buy this house for a base price of $455,000 ($164/Sqft).

    Features

    Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Full Western KitchenFull Western Kitchen MicrowaveMicrowave OvenOven TVTV

    Basic Information

    Date Listed Nov 4, 2022
    Updated 2 years ago
    Property Type House (Single Detached)
    Storeys N/A
    Location Thap Tai, Hua Hin
    Bedrooms 3
    Nearest Landmark Khao Takiab Beach -6.1 Km
    Indoor Area 2,766 Sqft
    Price per Sqft $164
    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 16,447 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.

    Leasehold
    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.

    Leasehold
    Land Title Deed N/A
    Construction Completed (Dec 2017)
    Furniture
    Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
    Partly Furnished
    View(s) Pool View, Garden View
    Unit Type N/A
    Parking Spots N/A
    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.
    $583/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1168414

    Investment Opportunity: Charges & Yield

    Sale Price
    $455,000
    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.
    $583/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.
    14
    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 Mali Prestige, and the current sales price.
    7%

    Project Details

    Project Name: Mali Prestige
    Developer: Orchid Palm Homes
    Construction: Completed (Dec 2017)
    Units: 84
    Project Area: 258,334 Sqft
    Nearest Landmark Khao Takiab Beach - 6.1 Km
    Location: Thap Tai, Hua Hin
    Mali Prestige Project Details

    Project Features

    Communal Pool Communal Pool
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Indoor Kids Zone Indoor Kids Zone
    Car Parking Car Parking

    Available Units at Mali Prestige

    For Sale 6 For Rent 4
    • All
    • 3 Beds
    • 4 Beds
    Get notified when new homes are being added to Mali Prestige
    View All (6)

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    Frequently Asked Questions

    All kind of pets are allowed at Mali Prestige including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    The common area maintenance fee is $0 per square meter based on the plot size of the property and is $583 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.
    Khao Takiab Beach is the nearest Beach from Mali Prestige and it is 6.1 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 Mali Prestige you have to follow these steps:

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


    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

    Reviews

    4.6 out of 5
    Based on
    2 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Another beautiful house project suitable for living and renting investment.
    Kanokporn Sangpia, Thailand, Visitor, 4 years ago
    The location of the project on the secondary road near Sam Phan Nam Floating Market, not crowded, not a community area, not crowded, quiet, private, beautiful mountain view. The project comes with a restaurant and a minimart. Beautiful central area with playground Suitable for families, both long-term stays or vacationing.
    Beautiful design and privacy
    Louann Bojorquez, Germany, 5 years ago
    It's a quality villa. I am impressed with every step that the project has given great attention to detail in my villa design's construction and decoration. Mali Prestige is surrounded by a good society. It is also not far from Hua Hin, beaches, and the shops, which is very convenient to live in. I like the project's atmosphere, so I decided to buy a villa from Mali Prestige, which has been very matched to my needs because the villa is close to nature and provides a high level of privacy. Inside my villa is a modern design and comfort. All rooms in the villa are usable. It is very cost-effective as well as the environment around the project is a very quiet and fresh air atmosphere. It gives a feeling of relief, ideal for relaxation. Besides, I can relax in my own beautiful sized private pool in my spare time as well.
    Hua Hin
    Thap Tai

    Neighborhood Overview

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