3 Bedroom Villa for sale at Sira Sila

(2 Reviews)
Nong Kae, Hua Hin, Prachuap Khiri Khan
Unit ID: U150929
8% Rental Yield
3 Bedrooms
4 Bathrooms
450 SqM Indoor Area
1 Storeys
May 2009 Completed

About This Villa

This property is a 450 SqM villa with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the Sira Sila project in Nong Kae, Hua Hin and was completed in May 2009. You can buy this villa for a base price of ฿25,000,000 (฿55,556/SqM) and it is also available for long term rentals starting from ฿160,000 per month.

Luxury Living in Nong Kae: 450 SqM Villa in Sira Sila

Prospective purchasers or users of this captivating 450 SqM villa will be enticed by its illustrious existence within the exclusive Sira Sila project in Nong Kae, Prachuap Khiri Khan. Completed in May 2009, the three bedroom, four bathroom building stands as a superbly presented opportunity for either purchase or long-term rental.Buyers can take advantage of the competitive base price of ฿24,900,000 (which equates to ฿55,333/SqM). Coincidentally, there is also an option of renting the villa at a fee of ฿160,000 per month, sufficient to cover the costs of monthly ownership without the personal commitment of full purchase.The build of the property is impressive, boasting a contemporary construction built to stand the test of time. Its modern, sophisticated styling is complemented by a high-end finish, achieving a sense of premium quality throughout. Branded sanitary ware and kitchen appliances have been used to finish its chic interiors, fully justifying its price tag.Bathing in natural light and elevated in prestige, the villa is a sheer delight for the prospective buyer. Its tantalising potential is owed to the foundations of Sira Sila project, located close to an abundance of local amenities and public transport. From purchase or rental, the potential claimant of this inspiring villa is secure in the knowledge of a stunning purchase offering luxurious, yet smart, living.

Features

Media Room/CinemaMedia Room/Cinema Private PoolPrivate Pool JacuzziJacuzzi Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit Maids QuartersMaids Quarters Wifi IncludedWifi Included Outdoor ShowersOutdoor Showers Full Western KitchenFull Western Kitchen MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Oct 9, 2019
Updated 3 years ago
Property Type Villa (Single Detached)
Storeys 1
Location Nong Kae, Hua Hin
Bedrooms 3
Nearest Landmark Suan Son Pradiphat Beach -1 Km
Indoor Area 450 SqM
Price per SqM ฿55,556
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 1,200 SqM
Pets Not Allowed
Villa Ownership

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

Foreign 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.

Company
Land Title Deed Chanote
Construction Completed (May 2009)
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) Lake View, Mountain View, Pool View, Garden View
Unit Type N/A
Parking Spots 2
Pool Size 8x4x1.6
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.
฿2,955/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U150929

Price Analysis

Great Price
Estimated market value ฿28,800,433
Great
฿16,900,000
Good
Fair
Above
฿33,900,000
Current asking Price: ฿25,000,000 | Advertised rental rate: ฿160,000/mo
This villa is ฿3,800,433 BELOW MARKET (-13%) in the Hua Hin area. It is analyzed against similar villas and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

Sale Price
฿25,000,000
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.
฿2,955/mo
Rent
฿160,000/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.
8%

Project Details

Project Name: Sira Sila
Developer: N/A
Construction: Completed (May 2009)
Units: 35
Project Area: N/A
Nearest Landmark Suan Son Pradiphat Beach - 1 Km
Location: Nong Kae, Hua Hin
Sira Sila Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area

Available Units at Sira Sila

For Sale 1 For Rent 1
Get notified when new homes are being added to Sira Sila
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Frequently Asked Questions

No pets are allowed at Sira Sila unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Suan Son Pradiphat Beach is the nearest Beach from Sira Sila 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 Sira Sila 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

4.2 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Houses around a lake in best location
Verified Visitor, 3 years ago
Houses around a lake in the best location of Khao Takiab - really unique and in walking distance to the beach
Convenient location, luxury pool villa, very private, surrounded by mountains and nature.
Chris Toscano, Australia, 5 years ago
I bought this 3-bedroom and 2-bathroom villa as a vacation home for my family. The surrounding area is spacious, with a garden and a large private swimming pool. Plus, the location is near Khao Takiab Beach, and it takes only a few mins to the city center, which is so convenient, especially when going shopping. The villas are beautiful and very private, surrounded by green mountains with many trees. It makes me feel fresh, comfortable with nature. Most importantly, the villa I bought is near the lake, so it isn’t really hot during the day. Also, the project comes with full facilities, including swimming pools, fitness centers. For those who look for a relaxing vacation home, I would recommend this place. I would say that you won’t be disappointed for sure.
Hua Hin
Nong Kae

Neighborhood Overview

Location and Neighborhood

Street View

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