Unit ID: U1932844
8% Rental Yield
Tenant-Occupied until Apr 30, 2025
Nong Kae, Hua Hin, Prachuap Khiri Khan
$233,000
3 Bedrooms
3
Bathrooms
5,296 Sqft
Indoor Area
1
Storeys
7 Months
Made To Order

About This House

This property is a 5,296 Sqft house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Nong Kae, Hua Hin and will be built within 7 months of purchase. You can buy this house for a base price of $233,000 ($44/Sqft).

Features

Beach AccessBeach Access Ocean AccessOcean Access Private PoolPrivate Pool TerraceTerrace Covered ParkingCovered Parking Outdoor ShowersOutdoor Showers Renovated KitchenRenovated Kitchen (2024) Renovated BathroomRenovated Bathroom (2024)

Basic Information

Date Listed Sep 13, 2024
Updated 3 months ago
Property Type House
Storeys 1
Location Nong Kae, Hua Hin
Bedrooms 3
Nearest Landmark Hua Hin Beach -5 Km
Indoor Area 5,296 Sqft
Price per Sqft $44
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
10,979 Sqft
Plot Size 5,296 Sqft
Pets Cats and Dogs (small only)
House Ownership

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

Thai Ownership
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
Land Title Deed Chanote
Construction Made To Order (7 Months)
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) Mountain View, City View
Unit Type N/A
Parking Spots 2
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.
$143/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1932844

Investment Opportunity: Charges & Yield

Sale Price
$233,000
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.
$143/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.
13
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 We By SIRIN, and the current sales price.
8%

Project Details

Project Name: We By SIRIN
Developer: WE by Sirin
Construction: Made To Order (7 Months)
Units: 37
Project Area: 223,889 Sqft
Nearest Landmark Hua Hin Beach - 5 Km
Location: Nong Kae, Hua Hin
We By SIRIN Project Details

Project Features

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

Available Units at We By SIRIN

For Sale 8 For Rent 6
Get notified when new homes are being added to We By SIRIN
View All (8)

Loan Calculator

Frequently Asked Questions

All kind of pets are allowed at We By SIRIN 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 $143 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.
Hua Hin Beach is the nearest Beach from We By SIRIN and it is 5 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 We By SIRIN you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
All types
Installment Milestone Payment
Reservation Deposit
Immediately
$8,740
Deposit
Upon contract signing
$11,700
Down Payment
"Down Payment per month (for 6 months)"
$7,280
7th Installment
On handover
$3


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

3.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A private pool villa
Chau Saltz, China, 5 years ago
I'm looking for a house to spend on holiday with my family because we are a big family. It is the reason that we need to look for a big house. This villa matches our needs a lot because it is convenient, whether shopping or traveling. It is 6 kilometers close to Hua Hin city and takes only 10 minutes. Generally, the project location is good, easily accessible. The villa includes a private pool, a car parking, 3 bedrooms, and 2 bathrooms. It is fully furnished and equipped with furniture. The villa is clean, tidy, and tranquil. My family members and I are happy and very impressed with this trip. We want to recommend to those looking for a villa close to Hua Hin Town, clean and cozy, and we'll recommend here and believe that you won't be disappointed!
Hua Hin
Nong Kae

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby We By SIRIN

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Location
Nong Kae, Hua Hin, Prachuap Khiri Khan
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Location
Nong Kae, Hua Hin, Prachuap Khiri Khan
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Sales Prices
$492.43K - $872.68K
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Monthly Rentals
N/A
Year Built
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Completion Status
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Project Name
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Location
Nong Kae, Hua Hin, Prachuap Khiri Khan
Number of units
N/A
Sales Prices
$288.47K - $574.02K
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Monthly Rentals
N/A
Year Built
Jan 2016
Completion Status
Completed
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