2 Bedroom House for sale at Baan Klang Muang 88

(1 Review)
Thap Tai, Hua Hin, Prachuap Khiri Khan
Unit ID: U667560
5% Rental Yield
2 Bedrooms
1 Bathroom
20 SqM Indoor Area
1 Storeys
May 2017 Completed

About This House

This property is a 20 SqM house with 2 bedrooms and 1 bathroom that is available for sale. It is part of the Baan Klang Muang 88 project in Thap Tai, Hua Hin and was completed in May 2017. You can buy this house for a base price of ฿1,312,500 (฿65,625/SqM) and it is also available for long term rentals starting from ฿5,500 per month.

Basic Information

Date Listed Mar 4, 2021
Updated 3 years ago
Property Type House (Single Detached)
Storeys 1
Location Thap Tai, Hua Hin
Bedrooms 2
Nearest Landmark Hua Hin Beach -5.4 Km
Indoor Area 20 SqM
Price per SqM ฿65,625
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 30 SqM
Pets Cats and Dogs (all sizes)
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 Chanote
Construction Completed (May 2017)
Furniture
Unfurnished
View(s) Mountain View, Unblocked Open 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 U667560

Investment Opportunity: Charges & Yield

Sale Price
฿1,312,500
Rent
฿5,500/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: Baan Klang Muang 88
Developer: N/A
Construction: Completed (Feb 2018)
Units: 214
Project Area: 64,000 SqM
Nearest Landmark Hua Hin Beach - 5.4 Km
Location: Thap Tai, Hua Hin
Baan Klang Muang 88 Project Details

Project Features

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

Available Units at Baan Klang Muang 88

For Sale 6 For Rent 7
Get notified when new homes are being added to Baan Klang Muang 88
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Frequently Asked Questions

Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at Baan Klang Muang 88.
Hua Hin Beach is the nearest Beach from Baan Klang Muang 88 and it is 5.4 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 Baan Klang Muang 88 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

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Reviews

3.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Living here with family, very happy!
Kanokwan S., Thailand, 4 years ago
It's a big village with more than 200 units, which occupies ​​approximately 40 rai where the project's area is connected. The facilities include a clubhouse, swimming pool, garden, and a gym. The project's road is wide. The house is in a modern design, and the residents can customize the layout to their needs. For example, if you need a pool, you can request to add in. The materials used are suitable for the price. The house space is well laid out. I moved in at the same time as the other two cousins, and our house connected. So, we can hang out and help each other, and we can be less stressed when our parents stay at home alone. The location is quite nice, easy traveling because it is downtown, near my kid's school. Plus, it's not far from Bypass to Bangkok. I also love that the project always holds activities which the residents can join. So nice as we can make more friends!
Hua Hin
Thap Tai

Neighborhood Overview

Location and Neighborhood

Street View

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