Unit ID: U1972105
5% Rental Yield
Thap Tai, Hua Hin, Prachuap Khiri Khan
$257,000
3 Bedrooms
2
Bathrooms
2,185 Sqft
Indoor Area
1
Storeys
Sep 2023
Completed

About This Villa

This property is a 2,185 Sqft villa with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Thap Tai, Hua Hin and was completed in Sep 2023. You can buy this villa for a base price of $257,000 ($117/Sqft).

Features

Private PoolPrivate Pool Pool AccessPool Access Private GardenPrivate Garden Garden AccessGarden Access TerraceTerrace Covered ParkingCovered Parking Outdoor ShowersOutdoor Showers

Basic Information

Date Listed Nov 27, 2024
Updated 1 day ago
Property Type Villa (Single Detached)
Storeys 1
Location Thap Tai, Hua Hin
Bedrooms 3
Nearest Landmark Khao Takiab Beach -5.6 Km
Indoor Area 2,185 Sqft
Price per Sqft $117
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
3,251 Sqft
Plot Size 5,436 Sqft
Pets All Kind of Pets Allowed
Villa Ownership

Foreign nationals can own the building (villa) 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 N/A
Construction Completed (Sep 2023)
Furniture
Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
Negotiable
View(s) Mountain View, Pool View, Garden View
Unit Type N/A
Parking Spots 1
Pool Size 9m x 4m
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.
$189/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1972105

Investment Opportunity: Charges & Yield

Sale Price
$257,000
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.
$189/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.
21
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 villas at Mali Lotus Villas, and the current sales price.
5%

Project Details

Project Name: Mali Lotus Villas
Developer: Orchid Palm Homes
Construction: Completed (Dec 2023)
Units: 57
Project Area: 447,262 Sqft
Nearest Landmark Khao Takiab Beach - 5.6 Km
Location: Thap Tai, Hua Hin
Mali Lotus Villas Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Popular Facilities at Mali Lotus Villas

  • Communal Pool
    1st Floor
  • Communal Gym
    1st Floor

Available Units at Mali Lotus Villas

For Sale 3 For Rent 1
Get notified when new homes are being added to Mali Lotus Villas
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Frequently Asked Questions

Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at Mali Lotus Villas.
The common area maintenance fee is $0 per square meter based on the plot size of the property and is $189 for this villa. 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 Lotus Villas and it is 5.6 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 Mali Lotus Villas you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
Payment Schedule
Installment Milestone Payment
Reservation Deposit
Immediately
$205,000
1st Installment
Construction starts
$20,500
2nd Installment
First Monthly Payment - Foundation, beam, floor & columns
$20,500
2nd Installment
Second Monthly Payment - Roof structure & tiled roof
$20,500
3rd Installment
Third Monthly Payment - Masonry & blockwork
$20,500
4th Installment
Fourth Monthly Payment - Exterior rendering complete
$20,500
5th Installment
Fifth Monthly Payment - Interior rendering complete
$20,500
6th Installment
Sixth Monthly Payment - Windows & doors installed
$20,500
7th Installment
Seventh Monthly Payment - Swimming pool complete
$20,500
8th Installment
Eighth Monthly Payment - Garden installation commences
$10,200
9th Installment
Final payment - Completed property
$10,200
Payment Schedule
Installment Milestone Payment
Reservation Deposit
Immediately
$23,700
1st Installment
Construction starts
$23,700
2nd Installment
First Monthly Payment - Foundation, beam, floor & columns
$23,700
3rd Installment
Second Monthly Payment - Roof structure & tiled roof
$23,700
4th Installment
Third Monthly Payment - Masonry & blockwork
$23,700
5th Installment
Fourth Monthly Payment - Exterior rendering complete
$23,700
6th Installment
Fifth Monthly Payment - Interior rendering complete
$23,700
7th Installment
Sixth Monthly Payment - Windows & doors installed
$23,700
8th Installment
Seventh Monthly Payment - Swimming pool complete
$23,700
9th Installment
Eighth Monthly Payment - Garden installation commences
$11,900
10th Installment
Final payment - Completed property
$11,900
Payment Schedule
Installment Milestone Payment
Reservation Deposit
Immediately
$27,100
1st Installment
Construction starts
$27,100
2nd Installment
First Monthly Payment - Foundation, beam, floor & columns
$27,100
3rd Installment
Second Monthly Payment - Roof structure & tiled roof
$27,100
4th Installment
Third Monthly Payment - Masonry & blockwork
$27,100
5th Installment
Fourth Monthly Payment - Exterior rendering complete
$27,100
6th Installment
Fifth Monthly Payment - Interior rendering complete
$27,100
7th Installment
Sixth Monthly Payment - Windows & doors installed
$27,100
8th Installment
Seventh Monthly Payment - Swimming pool complete
$27,100
9th Installment
Eighth Monthly Payment - Garden installation commences
$13,500
10th Installment
Final payment - Completed property
$13,500


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
Thap Tai

Neighborhood Overview

Location and Neighborhood

Street View

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