Unit ID: U149381
3% Rental Yield
Wang Phong, Hua Hin, Prachuap Khiri Khan
฿4,390,000
3 Bedrooms
3
Bathrooms
120 SqM
Indoor Area
2
Storeys
Oct 2008
Completed

About This House

This property is a 120 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Wang Phong, Hua Hin and was completed in Oct 2008. You can buy this house for a base price of ฿4,390,000 (฿36,583/SqM).

Features

TerraceTerrace Covered ParkingCovered Parking

Basic Information

Date Listed Dec 14, 2018
Updated 4 years ago
Property Type House
Storeys 2
Location Wang Phong, Hua Hin
Bedrooms 3
Nearest Landmark Khao Tao Beach -2.2 Km
Indoor Area 120 SqM
Price per SqM ฿36,583
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 188 SqM
Pets Not Allowed
House Ownership

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

Thai Ownership
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 N/A
Construction Completed (Oct 2008)
Furniture
Unfurnished
View(s) Garden View
Unit Type N/A
Parking Spots 1
Pool Size 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U149381

Investment Opportunity: Charges & Yield

Sale Price
฿4,390,000
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.
36
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 3 bedroom houses at Ploen City Hua Hin 105, and the current sales price.
3%

Project Details

Project Name: Ploen City Hua Hin 105
Developer: N/A
Construction: Completed (Oct 2008)
Units: 32
Project Area: N/A
Nearest Landmark Khao Tao Beach - 2.2 Km
Location: Wang Phong, Hua Hin
Ploen City Hua Hin 105 Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Ploen City Hua Hin 105

For Sale 3 For Rent 1
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Frequently Asked Questions

Khao Tao Beach is the nearest Beach from Ploen City Hua Hin 105 and it is 2.2 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

After you have found the right property at Ploen City Hua Hin 105 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

Reviews

4.3 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Townhouse with relaxing and good atmosphere
Nutty 118, Thailand, 5 years ago
I love the surrounding atmosphere of this project so much. It's very quiet and private. All around the project, there are many places where I can easily go shopping and find something to eat, like restaurants, convenience stores, and fresh markets. So, I finally decided to buy a house here. It's a 3 bedroom, 3 bathroom townhouse. The interior is well finished, modern, and cozy while seeing the shady and natural view of the common garden area makes me feel relieved and refreshed. Plus, there are common facilities, such as a swimming pool, a garden, a parking lot and security guards to take care of security which makes us confident that we will not have to worry about staying here. Overall, I am delighted with this place.
Hua Hin
Wang Phong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Ploen City Hua Hin 105

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
Project Name
Emerald Heights
Location
Wang Phong, Pran Buri, Prachuap Khiri Khan
Number of units
18
Sales Prices
฿8.9M - ฿10.5M
▼ -12% underpriced
Monthly Rentals
N/A
Year Built
Feb 2014
Completion Status
Completed
Project Name
Baan Hua Hin
Location
Nong Kae, Pran Buri, Prachuap Khiri Khan
Number of units
40
Sales Prices
฿12M - ฿17.5M
Monthly Rentals
฿66K
Year Built
Jan 2019
Completion Status
Completed
Project Name
The Heights 2
Location
Nong Kae, Pran Buri, Prachuap Khiri Khan
Number of units
52
Sales Prices
฿10.9M
▼ -43% underpriced
Monthly Rentals
N/A
Year Built
Dec 2015
Completion Status
Completed
Project Name
Manora Village I
Location
Nong Kae, Pran Buri, Prachuap Khiri Khan
Number of units
50
Sales Prices
฿6.3M - ฿13.9M
▼ -13.2% underpriced
Monthly Rentals
N/A
Year Built
Aug 2009
Completion Status
Completed
Project Name
Manora Village II
Location
Nong Kae, Pran Buri, Prachuap Khiri Khan
Number of units
22
Sales Prices
฿5.9M - ฿11.5M
▼ -20% underpriced
Monthly Rentals
฿45K - ฿60K
Year Built
Nov 2013
Completion Status
Completed
Location
Nong Kae, Pran Buri, Prachuap Khiri Khan
Number of units
27
Sales Prices
฿12M - ฿14.5M
▼ -1.5% underpriced
Monthly Rentals
N/A
Year Built
Oct 2017
Completion Status
Completed
Project Name
The 9 Khao Tao
Location
Wang Phong, Pran Buri, Prachuap Khiri Khan
Number of units
136
Sales Prices
฿3.36M - ฿3.49M
Monthly Rentals
N/A
Year Built
Jan 2013
Completion Status
Completed
Location
Nong Kae, Pran Buri, Prachuap Khiri Khan
Number of units
19
Sales Prices
฿5.95M - ฿17M
▼ -19.5% underpriced
Monthly Rentals
฿111K - ฿120K
Year Built
Jan 2019
Completion Status
Made To Order
Project Name
Turtle Village
Location
Nong Kae, Pran Buri, Prachuap Khiri Khan
Number of units
N/A
Sales Prices
฿52.6M
▲ 20% overpriced
Monthly Rentals
N/A
Year Built
Jan 2002
Completion Status
Completed
Location
Wang Phong, Pran Buri, Prachuap Khiri Khan
Number of units
8
Sales Prices
฿10.9M - ฿14.1M
▲ 19.4% overpriced
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Made To Order
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