Unit ID: U1915230
5% Rental Yield
Tenant-Occupied until Mar 31, 2025
Nong Kae, Hua Hin, Prachuap Khiri Khan
฿8,500,000
3 Bedrooms
2
Bathrooms
120 SqM
Indoor Area
1
Storeys
Aug 2011
Completed

About This House

This property is a 120 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Nong Kae, Hua Hin and was completed in Aug 2011. You can buy this house for a base price of ฿8,500,000 (฿70,833/SqM) and it is also available for long term rentals starting from ฿35,000 per month.

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Date Listed Aug 20, 2024
Updated 3 months ago
Property Type House (Single Detached)
Storeys 1
Location Nong Kae, Hua Hin
Bedrooms 3
Nearest Landmark Bluport Shopping Mall -1 Km
Indoor Area 120 SqM
Price per SqM ฿70,833
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 428 SqM
Pets Cats and Dogs (small only)
House Ownership

Foreign nationals can own the building (house) in their own name, but not the land that it stands on.

N/A
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.

Thai Ownership
Land Title Deed Chanote
Construction Completed (Aug 2011)
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) Pool View, Garden View, Unblocked Open View
Unit Type N/A
Parking Spots 1
Pool Size 4*8*130
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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1915230

Investment Opportunity: Charges & Yield

Sale Price
฿8,500,000
Rent
฿35,000/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.
20
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.
5%

Project Details

Project Name: Coconut Grove
Developer: N/A
Construction: Completed (Aug 2011)
Units: 10
Project Area: N/A
Nearest Landmark Bluport Shopping Mall - 1 Km
Location: Nong Kae, Hua Hin
Coconut Grove Project Details

Available Units at Coconut Grove

For Sale 1 For Rent 1
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Frequently Asked Questions

Bluport Shopping Mall is the nearest Shopping Mall from Coconut Grove and it is 1 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 Coconut Grove you have to follow these steps:

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


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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Location and Neighborhood

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