Unit ID: U1077406
8% Rental Yield
Nong Kae, Hua Hin, Prachuap Khiri Khan
$490,000
4 Bedrooms
3
Bathrooms
1,819 Sqft
Size
4
Floor
May 2011
Completed

About This Condo

This property is a 1,819 Sqft condo with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Nong Kae, Hua Hin and was completed in May 2011. You can buy this condo for a base price of $490,000 ($269/Sqft) and it is also available for long term rentals starting from $3,460 per month.

Features

Pool AccessPool Access BalconyBalcony BathtubBathtub TVTV Cable TVCable TV Pool Cleaning IncludedPool Cleaning Included

Basic Information

Date Listed Nov 1, 2022
Updated 2 years ago
Property Type Condo
Floor 4
Bedrooms 4
Size 1,819 Sqft
Price per Sqft $269
Pets Not Allowed
Condo Ownership

Foreign nationals can own condominium units as freehold owners in buildings where no more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if it is currently below 49%.

Thai Quota
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) City View
Unit Type N/A
Building Building 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.
$268/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1077406

Investment Opportunity: Charges & Yield

Sale Price
$490,000
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.
$268/mo
Rent
$3,460/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.
12
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
8%

Project Details

Project Name: Marrakesh Residences
Developer: Major Development
Construction: Completed (May 2011)
Floors: 8
Buildings: 2
Units: 339
Project Area: 237,775 Sqft
Nearest Landmark Hua Hin Beach - 0.3 Km
Location: Nong Kae, Hua Hin
Marrakesh Residences Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Direct Beach Access Direct Beach Access

Popular Facilities at Marrakesh Residences

  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor
  • Reception / Lobby Area
    Ground Floor

Available Units at Marrakesh Residences

For Sale 39 For Rent 26
Available Units at Marrakesh Residences
$166,000
$314/Sqft
Beds 1 Beds
Baths 1 Baths
Size 527 Sqft Size
Floor 3 Floor
Thai Quota Fully Furnished Pool View
Updated 2 weeks ago
Available Units at Marrakesh Residences
$317,000
$363/Sqft
Beds 2 Beds
Baths 2 Baths
Size 872 Sqft Size
Floor 4 Floor
Foreign Quota Fully Furnished City View
Updated 4 weeks ago
Available Units at Marrakesh Residences
$158,000
$269/Sqft
Beds 1 Beds
Baths 1 Baths
Size 588 Sqft Size
Floor 6 Floor
Foreign Quota Fully Furnished City View
Updated 4 weeks ago
Available Units at Marrakesh Residences
$158,000$173,000
$294/Sqft
Beds 1 Beds
Baths 1 Baths
Size 538 Sqft Size
Floor 2 Floor
Thai Quota Fully Furnished Pool View
Updated 1 month ago
Available Units at Marrakesh Residences
$156,000
$295/Sqft
Beds Studio Beds
Baths 1 Baths
Size 527 Sqft Size
Floor 2 Floor
Foreign Quota Fully Furnished Garden View
Available Units at Marrakesh Residences
$194,000
$341/Sqft
Beds 1 Beds
Baths 1 Baths
Size 570 Sqft Size
Floor 3 Floor
Foreign Quota Fully Furnished Pool View
Updated 1 month ago
Available Units at Marrakesh Residences
$331,000$403,000
$314/Sqft
Beds 3 Beds
Baths 2 Baths
Size 1,055 Sqft Size
Floor 4 Floor
Thai Quota Fully Furnished City View
Available Units at Marrakesh Residences
$187,000
$339/Sqft
Beds 1 Beds
Baths 1 Baths
Size 552 Sqft Size
Floor Ground Floor Floor
Foreign Quota Fully Furnished Pool View
Updated 1 month ago
Available Units at Marrakesh Residences
$346,000$403,000
$328/Sqft
Beds 3 Beds
Baths 2 Baths
Size 1,055 Sqft Size
Floor 4 Floor
Thai Quota Fully Furnished City View
Updated 2 months ago
Available Units at Marrakesh Residences
$202,000
$343/Sqft
Beds 1 Beds
Baths 1 Baths
Size 588 Sqft Size
Floor 8 Floor
Foreign Quota Fully Furnished Mountain View
Updated 1 week ago
Available Units at Marrakesh Residences
$619,000
$338/Sqft
Beds 4 Beds
Baths 3 Baths
Size 1,830 Sqft Size
Floor 8 Floor
Fully Furnished Sea View
Updated 1 month ago
Available Units at Marrakesh Residences
$576,000
$396/Sqft
Beds 3 Beds
Baths 3 Baths
Size 1,453 Sqft Size
Floor 2 Floor
Foreign Quota Fully Furnished Sea View
Available Units at Marrakesh Residences
$190,000
$333/Sqft
Beds 1 Beds
Baths 1 Baths
Size 570 Sqft Size
Floor 6 Floor
Thai Quota Fully Furnished Partial Sea View
Available Units at Marrakesh Residences
$190,000
$327/Sqft
Beds 1 Beds
Baths 1 Baths
Size 581 Sqft Size
Floor 6 Floor
Thai Quota Fully Furnished Partial Sea View
Available Units at Marrakesh Residences
$227,000
$411/Sqft
Beds 1 Beds
Baths 1 Baths
Size 552 Sqft Size
Floor 3 Floor
Foreign Quota Fully Furnished Pool View
Available Units at Marrakesh Residences
$141,000
$268/Sqft
Beds 1 Beds
Baths 1 Baths
Size 527 Sqft Size
Floor 2 Floor
Foreign Quota Fully Furnished Garden View
Available Units at Marrakesh Residences
$170,000
$322/Sqft
Beds 1 Beds
Baths 1 Baths
Size 527 Sqft Size
Floor 7 Floor
Foreign Quota Fully Furnished City View
Available Units at Marrakesh Residences
$573,000
$394/Sqft
Beds 2 Beds
Baths 3 Baths
Size 1,453 Sqft Size
Floor 4 Floor
Leasehold Pool View
Available Units at Marrakesh Residences
$130,000
$223/Sqft
Beds 1 Beds
Baths 1 Baths
Size 581 Sqft Size
Floor 2 Floor
Foreign Quota Fully Furnished Garden View
Available Units at Marrakesh Residences
$193,000
$366/Sqft
Beds 1 Beds
Baths 1 Baths
Size 527 Sqft Size
Floor 4 Floor
Foreign Quota Fully Furnished Garden View
Available Units at Marrakesh Residences
$605,000$659,000
$296/Sqft
Beds 4 Beds
Baths 4 Baths
Size 2,045 Sqft Size
Floor 8 Floor
Thai Quota Fully Furnished Sea View
Available Units at Marrakesh Residences
$196,000
$350/Sqft
Beds 1 Beds
Baths 1 Baths
Size 560 Sqft Size
Floor 2 Floor
Thai Quota Fully Furnished Partial Sea View
Available Units at Marrakesh Residences
$346,000
$241/Sqft
Beds 1 Beds
Baths 2 Baths
Size 1,432 Sqft Size
Floor 4 Floor
Foreign Quota Fully Furnished Pool View
Available Units at Marrakesh Residences
$145,000
$300/Sqft
Beds 1 Beds
Baths 1 Baths
Size 484 Sqft Size
Floor 2 Floor
Foreign Quota Fully Furnished Pool View
Available Units at Marrakesh Residences
$181,000
$380/Sqft
Beds 1 Beds
Baths 1 Baths
Size 477 Sqft Size
Floor 7 Floor
Thai Quota Fully Furnished Pool View
Available Units at Marrakesh Residences
$490,000
$269/Sqft
Beds 4 Beds
Baths 3 Baths
Size 1,819 Sqft Size
Floor 4 Floor
Thai Quota Fully Furnished City View
Available Units at Marrakesh Residences
$1,580,000
$755/Sqft
Beds 3 Beds
Baths 4 Baths
Size 2,099 Sqft Size
Floor 3 Floor
Thai Quota Fully Furnished Sea View
Available Units at Marrakesh Residences
$156,000$158,000
$295/Sqft
Beds 1 Beds
Baths 1 Baths
Size 527 Sqft Size
Floor 2 Floor
Thai Quota Fully Furnished Garden View
Available Units at Marrakesh Residences
$374,000
$313/Sqft
Beds 2 Beds
Baths 2 Baths
Size 1,195 Sqft Size
Floor 2 Floor
Fully Furnished Garden View
Available Units at Marrakesh Residences
$158,000
$334/Sqft
Beds 1 Beds
Baths 1 Baths
Size 474 Sqft Size
Floor 4 Floor
Thai Quota Fully Furnished Garden View
Get notified when new homes are being added to Marrakesh Residences
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Frequently Asked Questions

No pets are allowed at Marrakesh Residences unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
The common area maintenance fee is $2 per square meter based on the size of indoor area of the property and is $268 for this condo. 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 Marrakesh Residences and it is 0.3 km away.

Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

 

Read more here

After you have found the right property at Marrakesh Residences you have to follow these steps:

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

 


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

4.4 out of 5
Based on
5 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Perfect summer!
Kandace Goss, United States, 4 years ago
The place made our summer even more perfect. The property is located in an excellent location, right next to the beach and close to Cicada market, only 1 kilometer away. The condo has a large beachfront swimming pool. It's suitable for resting, but a lot of people use it on weekends. The big 1 bedroom is beautifully decorated, fully furnished, but the condition is a bit outdated.
I like everything here
Lula F., Brazil, 5 years ago
I rented this place for 3 weeks, and I like everything such as lovely staff, good service, long swimming pool, and a shady atmosphere. My 1-bedroom room has complete kitchen equipment making it convenient to cook. Excellent location near Hua Hin beach in walking distance. It is close to the Petchkasem main road as well, so it's very convenient to travel. You can easily find food and shops around the area. A suitable and worthwhile place to stay. I will come back to visit again.
Impressive honeymoon night
Marianne Arreola, France, 5 years ago
My boyfriend and I came to relax at this condo last week. The staff here welcomed us friendly and advised us about various tourist attractions, restaurants, and traveling to various places, allowing convenience throughout the stay. Our room is 1 bedroom, 1 bathroom, and fully furnished. The condo atmosphere is also quiet, comprising a large communal pool in the center of the condo. There is a garden around it, making the atmosphere look shady, suitable for sunbathing, or relaxing all day long. The location here is next to the beach, matching those who like the beach like us very much. It can also travel to major attractions in Hua Hin, only a few minutes from this condo.
The accommodation is unique, beautiful, and peaceful.
Hilaria Kohan, India, 5 years ago
It is suitable for weekend getaways because of peace and privacy. There are also relatively few people and it is not crowded. The on-site includes a nice swimming pool, which there is a constant cleaning of the pool area. Overall, it is ok. The building is well designed, and the security guard also serves a good job. Besides, many restaurants surrounded the accommodation, very comfortable. The location is very convenient to travel to the main attractions in Hua Hin, such as the night market, water park, bus station, and Blue Port shopping mall. If you don't want to stay in an accommodation or want to do something, various tourist attractions are close to the project. Overall, Marrakesh Residences is a great residence that I have been taken good care of.
Resort condo next to the sea, good atmosphere.
Feng Ja, China, 6 years ago
I've been here for about 6 months. It is a vacation condo with complete facilities. The design is unique, and there is also a walkway down to the beachfront. It is called the best location ever. It is also hotel-managed, which is sometimes too busy, especially during the weekends. Fortunately, the project zones the rooms well; therefore, there are no bothering noises. Besides, the project provides a large swimming pool, and the maintenance is ok. I think staying here is like sleeping in a hotel every day. Plus, the security system is very good. If anyone is looking for a vacation condo in Hua Hin city, I recommend this place.
Hua Hin
Nong Kae

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Marrakesh Residences

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Nong Kae, Hua Hin, Prachuap Khiri Khan
Number of units
265
Sales Prices
$573.06K - $1.3M
▲ 13% overpriced
Monthly Rentals
$2.88K
Year Built
Aug 1997
Completion Status
Completed
Location
Nong Kae, Hua Hin, Prachuap Khiri Khan
Number of units
50
Sales Prices
$37.28K - $40.32K
Monthly Rentals
$346 - $547
Year Built
Jun 1994
Completion Status
Completed
Location
Nong Kae, Hua Hin, Prachuap Khiri Khan
Number of units
60
Sales Prices
$1.12M
▼ -18% underpriced
Monthly Rentals
$5.18K
Year Built
Dec 1998
Completion Status
Completed
Location
Nong Kae, Hua Hin, Prachuap Khiri Khan
Number of units
300
Sales Prices
$178.54K - $431.95K
▼ -45.5% underpriced
Monthly Rentals
$864 - $1.73K
Year Built
May 1997
Completion Status
Completed
Location
Nong Kae, Hua Hin, Prachuap Khiri Khan
Number of units
364
Sales Prices
$51.55K - $124.69K
▼ -6.2% underpriced
Monthly Rentals
$274 - $576
Year Built
Jan 2020
Completion Status
Completed
Project Name
Baan Koo Kiang
Location
Nong Kae, Hua Hin, Prachuap Khiri Khan
Number of units
256
Sales Prices
$42.91K - $129.59K
▼ -22.1% underpriced
Monthly Rentals
$216 - $1.01K
Year Built
Dec 2014
Completion Status
Completed
Project Name
Baan Dao Tem Fah
Location
Nong Kae, Hua Hin, Prachuap Khiri Khan
Number of units
20
Sales Prices
$371.48K
Monthly Rentals
N/A
Year Built
Jan 2013
Completion Status
Completed
Project Name
Baan Kun Koey
Location
Nong Kae, Hua Hin, Prachuap Khiri Khan
Number of units
302
Sales Prices
$41.76K - $158.38K
▼ -17.5% underpriced
Monthly Rentals
$346 - $1.01K
Year Built
Sep 2013
Completion Status
Completed
Location
Nong Kae, Hua Hin, Prachuap Khiri Khan
Number of units
4
Sales Prices
$313.89K - $1.58M
Monthly Rentals
N/A
Year Built
Jan 2015
Completion Status
Completed
Project Name
Baan Chalianglom
Location
Nong Kae, Hua Hin, Prachuap Khiri Khan
Number of units
30
Sales Prices
$1.01M - $2.27M
Monthly Rentals
$1.79K
Year Built
May 2015
Completion Status
Completed
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