Unit ID: U1941925
Nong Kae, Hua Hin, Prachuap Khiri Khan
$589,000
3 Bedrooms
4.5
Bathrooms
1,345 Sqft
Indoor Area
1
Storeys
Off Plan

About This Villa

This property is a 1,345 Sqft villa with 3 bedrooms and 4.5 bathrooms that is available for sale. It is part of the project in Nong Kae, Hua Hin. You can buy this villa for a base price of $589,000 ($437/Sqft).

Features

Wet BarWet Bar Private PoolPrivate Pool TerraceTerrace Full Western KitchenFull Western Kitchen

Basic Information

Date Listed Sep 30, 2024
Updated N/A
Property Type Villa
Storeys 1
Location Nong Kae, Hua Hin
Bedrooms 3
Nearest Landmark Khao Tao Beach -1.2 Km
Indoor Area 1,345 Sqft
Price per Sqft $437
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 5,397 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.

Thai Ownership, Company, 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.

N/A
Land Title Deed N/A
Construction Off Plan
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
Unit Type B
Parking Spots 2
Pool Size 12m 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.
$222/mo
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1941925

Investment Opportunity: Charges & Yield

Sale Price
$589,000
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.
$222/mo

Project Details

Project Name: The Sky (Khao Tao)
Construction: Off Plan
Units: 6
Project Area: N/A
Nearest Landmark Khao Tao Beach - 1.2 Km
Location: Nong Kae, Hua Hin
The Sky (Khao Tao) Project Details

Project Features

24H Security 24H Security

Available Units at The Sky (Khao Tao)

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Payment Plan

The Sky (Khao Tao)
Installment Milestone Payment
Deposit
Immediately
$14,800
1st Installment
Sign contract & before start of foundation
25%
2nd Installment
BEFORE START OF ROOF (3-4 MONTHS AFTER START CONSTRUCTION
25%
3rd Installment
BEFORE START OF INTERIOR ( 7-8 MONTHS AFTER START CONSTRUCTION )
25%
4th Installment
COMPLETION OF UNIT ( 12-13 MONTHS AFTER START CONSTRUCTION)
20%
5th Installment
TRANSFER OF UNIT AT LAND REGISTRY
5%

Frequently Asked Questions

All kind of pets are allowed at The Sky (Khao Tao) 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 $222 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.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At The Sky (Khao Tao) the required payment for the sinking fund is $3 per square meter based on the size of the plot size of the property.
Khao Tao Beach is the nearest Beach from The Sky (Khao Tao) and it is 1.2 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

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

After you have found the right property at The Sky (Khao Tao) you have to follow these steps:

 

  • - Unit selection and agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - 1st Contract Payment
  • - Payment Installments
  • - Snag List
  • - Transfer

The Sky (Khao Tao)
Installment Milestone Payment
Deposit
Immediately
$14,800
1st Installment
Sign contract & before start of foundation
25%
2nd Installment
BEFORE START OF ROOF (3-4 MONTHS AFTER START CONSTRUCTION
25%
3rd Installment
BEFORE START OF INTERIOR ( 7-8 MONTHS AFTER START CONSTRUCTION )
25%
4th Installment
COMPLETION OF UNIT ( 12-13 MONTHS AFTER START CONSTRUCTION)
20%
5th Installment
TRANSFER OF UNIT AT LAND REGISTRY
5%

Read more here

 

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