Unit ID: U1666596
7% Rental Yield
Nong Kae, Hua Hin, Prachuap Khiri Khan
฿8,850,000
2 Bedrooms
2
Bathrooms
92 SqM
Size
7
Floor
Dec 2013
Completed

About This Condo

This property is a 92 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Nong Kae, Hua Hin and was completed in Dec 2013. You can buy this condo for a base price of ฿8,850,000 (฿96,196/SqM) and it is also available for long term rentals starting from ฿55,000 per month.

 

Features

Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony BathtubBathtub MicrowaveMicrowave TVTV

Basic Information

Date Listed Sep 18, 2023
Updated 1 week ago
Property Type Condo
Floor 7
Bedrooms 2
Size 92 SqM
Price per SqM ฿96,196
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%.

Foreign Quota, 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) Mountain View, Garden View
Unit Type N/A
Building The Sanctuary Hua Hin
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.
฿4,140/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1666596

Investment Opportunity: Charges & Yield

Sale Price
฿8,850,000
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.
฿4,140/mo
Rent
฿55,000/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.
13
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.
7%

Project Details

Project Name: The Sanctuary Hua Hin
Construction: Completed (Dec 2013)
Floors: 8
Buildings: 1
Units: 93
Project Area: 1,879 SqM
Nearest Landmark Khao Takiab Beach
Location: Nong Kae, Hua Hin
The Sanctuary Hua Hin Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
Communal Gym Communal Gym
Bar Bar
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area

Popular Facilities at The Sanctuary Hua Hin

  • Communal Pool
    Rooftop
  • Reception / Lobby Area
    1st Floor

Available Units at The Sanctuary Hua Hin

For Sale 8 For Rent 4
Get notified when new homes are being added to The Sanctuary Hua Hin
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Frequently Asked Questions

No pets are allowed at The Sanctuary Hua Hin 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 ฿45 per square meter based on the size of indoor area of the property and is ฿4,140 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.
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 Sanctuary Hua Hin the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Khao Takiab Beach is the nearest Beach from The Sanctuary Hua Hin and it is 0 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 The Sanctuary Hua Hin you have to follow these steps:

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

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
Down Payment
Upon contract signing
30%
1st Installment
On handover
70%

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

4.5 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Sanctuary Roof Top
Verified Former Resident, 1 year ago
Fantistic View from Roof Top, Fnatistic Quiet Apartment. KhaoTaKiab Beach 3 minites by Walk or 300 Meter.
Condominium near the beach, calm and privacy
Krysten Latour, France, 5 years ago
The condo is very beautiful, and the facilities are perfect with a sea view and mountain range. My friends and I are pleased to be here. My friends and I have been here for a week to relax in this 2 bedroom unit. In terms of comfort and facilities in the rooms, it is modern and complete. So very happy with the room. Also, I can enjoy the beautiful view and relax at the rooftop pool. This condo is accessible to the beach, and it is not very far. Besides, it is close to various amenities that make me and my friends stay here perfectly. Moreover, the staff is very friendly and professional, providing impressive service. Here is very appropriate for those who want to relax at the condominium near Hua Hin Beach with a calm and private atmosphere. If you are interested in a long term vacation, can come and ask the project staff. They are happy to offer advice.
Hua Hin
Nong Kae

Neighborhood Overview

Location and Neighborhood

Street View

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