Unit ID: U157053
6% Rental Yield
Nong Kae, Hua Hin, Prachuap Khiri Khan
฿10,500,000 ฿12,500,000
2 Bedrooms
1
Bathroom
100 SqM
Size
14
Floor
May 2008
Completed

About This Condo

This property is a 100 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Nong Kae, Hua Hin and was completed in May 2008. You can buy this condo for a base price of ฿10,500,000 (฿105,000/SqM) and it is also available for long term rentals starting from ฿50,000 per month.

Features

BalconyBalcony

Basic Information

Date Listed Apr 8, 2019
Updated 3 weeks ago
Property Type Condo
Floor 14
Bedrooms 2
Size 100 SqM
Price per SqM ฿105,000
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) Sea View, Mountain View, City View, Blocked View
Unit Type N/A
Building 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.
฿4,000/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U157053

Investment Opportunity: Charges & Yield

Sale Price
฿10,500,000
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.
฿4,000/mo
Rent
฿50,000/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.
18
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.
6%

Project Details

Project Name: Blue Wave
Developer: N/A
Construction: Completed (May 2008)
Floors: 14
Buildings: N/A
Units: 147
Project Area: N/A
Nearest Landmark Wat Khao Takiab - 0.6 Km
Location: Nong Kae, Hua Hin
Blue Wave Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
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

Available Units at Blue Wave

For Sale 4 For Rent 2
Get notified when new homes are being added to Blue Wave
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Frequently Asked Questions

The common area maintenance fee is ฿40 per square meter based on the size of indoor area of the property and is ฿4,000 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.
Wat Khao Takiab is the nearest Temple from Blue Wave and it is 0.6 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 Blue Wave 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 out of 5
Based on
6 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Good service, quiet accommodation
Kayla Desilva, Brazil, 4 years ago
This condo offers 5-star service from the professional service staff. The price is suitable for the room size. We were warmly welcomed by the lovely staff, who helps and recommends tourist attractions for us. It is a quiet place to stay and far from the hustle and bustle. There are a few bars, making the atmosphere so relaxing. The room was a good size, not too small and not too big. Also, the interior is beautifully decorated. The common area is also clean, comprising an on-site restaurant, a fitness center, and a large communal pool overlooking the fantastic sea view. Overall, it is a nice place to relax and enhance positive energy.
Comfortable condo in Nong Kae
Ngoc Bibbins, Belgium, 5 years ago
For me, Blue Wave is a good vacation rental place, which is clean. The staff is also very attentive. The condo location is excellent because it is close to the beach, relatively quiet, and not crowded. There is also a beach bar for me to sit, chill, and commune with the evening sunset atmosphere. Generally, the condo is ok for the price I paid. The rooms are of a good size with a studio size. It also has complete facilities. Apart from this, the condo is close to the beaches, markets, and tourist attractions in Hua Hin for me to enjoy exploring the condo surrounding comfortably.
14-story condo with 2 swimming pools
Jett Everson, New Zealand, 6 years ago
The condo is 14 floors high, and I stay on the 12th floor, which can see the sea view from the balcony. It is wonderful and peaceful. The common area here is well-equipped, with 2 swimming pools, a fitness room, a restaurant, and a service system in the hotel chain. I think the staff takes good care of the residents. Since moving in, there are still no problems with damaged things, and the security system is excellent. However, the disadvantage is that the parking is not enough!
Located next to the beach
Marlena Arizmendi, Mexico, 6 years ago
The condo is not that bad. Even though it is a bit old, its location is ideal, next to Khao Takiab beach. From the project, you can walk down to the beach. The studio room is just the right size with basic furniture and a large balcony. There is a swimming pool for service. Plus, the price is acceptable.
Condo is close to the beach
Troy Boris, Spain, 6 years ago
My girlfriend and I chose to stay here because the condo is close to the beach. As we are sea lovers, it's the perfect place. Our one-bedroom rooms are spacious and fully furnished with a romantic sea view. There is a gym and a swimming pool for a sea view, so we exercise while admiring a good view. The common area is relatively clean. One thing I have to complain a bit about is the receptionist. They don't smile much. For the restaurant on site, the food taste is average, not good or bad. The average taste is not very good for the food here, but the two of us like to go to seafood restaurants nearby or sip wine at the bars by the sea because the atmosphere is perfect. Besides, it's near Suan Son Pradipat Golf Course too, and we get to play golf often as well.
Most popular condos
Karl Ott, Belgium, 6 years ago
I have a room for renting out at this project. It is considered one of the most popular condos in Hua Hin because you can easily walk to Khao Takiab beach. My 2 bedrooms is fully-furnished with an extensive balcony to a stunning sea view. More importantly, I rent it out at a reasonable price. Also, they can receive 5-star services, so they chose to stay here. I can say this condo is considered worth investing in.
Hua Hin
Nong Kae

Neighborhood Overview

Location and Neighborhood

Street View

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