Unit ID: U278313
6% Rental Yield
Nong Kae, Hua Hin, Prachuap Khiri Khan
$141,000 $153,000 Great Price
3 Bedrooms
2
Bathrooms
1,722 Sqft
Indoor Area
3
Storeys
Jan 2014
Completed

About This Townhouse

This property is a 1,722 Sqft townhouse with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Nong Kae, Hua Hin and was completed in Jan 2014. You can buy this townhouse for a base price of $141,000 ($82/Sqft).

Three Storey Loft Style Townhouse-Soi 94

Large open plan living with a garden in Soi 94 at the front of Glory House 2 development, a secure family friendly area with a communal pool, 5 minutes walk to Yamsaard school. This 3 storey end house comes is fully furnished with over 500,000 Baht spent with Beautiful World to create this 3 bedroom family home.(Available through separate negotiation) Would also be suitable for office space such as lawyers or accountants, or a business shop house such as a salon as there are very few shops in this rapidly expanding area of Hua Hin.

Features

Rooftop TerraceRooftop Terrace Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony

Basic Information

Date Listed Feb 3, 2020
Updated 2 years ago
Property Type Townhouse
Storeys 3
Location Nong Kae, Hua Hin
Bedrooms 3
Nearest Landmark Hua Hin Beach -2.1 Km
Indoor Area 1,722 Sqft
Price per Sqft $82
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
1,453 Sqft
Plot Size 2,939 Sqft
Pets All Kind of Pets Allowed
Townhouse Ownership

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

Foreign 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.

Leasehold
Land Title Deed Chanote
Construction Completed (Jan 2014)
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, Garden View, Unblocked Open View
Unit Type N/A
Parking Spots 4
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.
$19/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U278313

Investment Opportunity: Charges & Yield

Sale Price
$141,000
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.
$19/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.
16
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 townhouses at Glory House 2, and the current sales price.
6%

Project Details

Project Name: Glory House 2
Developer: N/A
Construction: Completed (Aug 2017)
Units: 203
Project Area: N/A
Nearest Landmark Hua Hin Beach - 2.1 Km
Location: Nong Kae, Hua Hin
Glory House 2 Project Details

Project Features

Communal Pool Communal Pool
Clubhouse Clubhouse
24H Security 24H Security

Available Units at Glory House 2

For Sale 7 For Rent 6
Get notified when new homes are being added to Glory House 2
View All (7)

Loan Calculator

Frequently Asked Questions

All kind of pets are allowed at Glory House 2 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Hua Hin Beach is the nearest Beach from Glory House 2 and it is 2.1 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 Glory House 2 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

3.6 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Good location in Soi 94
Verified Visitor, 4 years ago
Cheap townhouses in central location in Soi 94 close to school and shops, restaurants. They have security and communal pool
Good village, good location project
Tianna S., Thailand, 5 years ago
The house is specially designed for the family. The living area suits the family well. I have bought a two-story detached house from Glory House 2 for a while. Project security is good, and the environment is also pleasant. However, the project facilities are not enough, such as the swimming pool is relatively small. If anyone likes a single house or townhouse with high privacy surrounded by a potential environment in Hua Hin. It is a good project here.
Hua Hin
Nong Kae

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Glory House 2

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Project Name
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Nong Kae, Hua Hin, Prachuap Khiri Khan
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Project Name
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Nong Kae, Hua Hin, Prachuap Khiri Khan
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Hua Hin City, Hua Hin, Prachuap Khiri Khan
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Completed
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Nong Kae, Hua Hin, Prachuap Khiri Khan
Number of units
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Sales Prices
$48.63K
Monthly Rentals
N/A
Year Built
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Completion Status
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Project Name
Hua Hin Laguna
Location
Nong Kae, Hua Hin, Prachuap Khiri Khan
Number of units
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Sales Prices
$267.61K - $284.87K
▼ -3.5% underpriced
Monthly Rentals
$806 - $1.29K
Year Built
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Completion Status
Made To Order
Location
Nong Kae, Hua Hin, Prachuap Khiri Khan
Number of units
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Sales Prices
$63.3K
Monthly Rentals
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Project Name
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Location
Nong Kae, Hua Hin, Prachuap Khiri Khan
Number of units
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Sales Prices
$120.85K - $178.4K
▼ -12% underpriced
Monthly Rentals
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Year Built
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Completion Status
Completed
Project Name
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Location
Hua Hin City, Hua Hin, Prachuap Khiri Khan
Number of units
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Sales Prices
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Monthly Rentals
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Year Built
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Completed
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