Veranda Residence Hua Hin

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Nong Kae, Hua Hin, Prachuap Khiri Khan

Unit ID: U660196
8% Rental Yield
฿4,300,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
42 SqM Size
Floors
2 Floor
Construction
Jun 2020 Completed

1 Bedroom Condo for sale at Veranda Residence Hua Hin

This property is a 42 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Veranda Residence Hua Hin project in Nong Kae, Hua Hin and was completed in Jun 2020. You can buy this condo for a base price of ฿4,300,000 (฿102,381/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 2
Bedroom 1
Size 42 SqM
Price per SqM ฿102,381
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not 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 that is currently below 49%.

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) City View
Unit Type N/A
Building N/A
CAM Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿2,940/mo
Listed By
Private Owner
Date Listed Feb 5, 2021
Last Updated 5 months ago
Unit ID U660196

Price Analysis

Great Price
Estimated market value ฿5,380,223
Great
฿5,070,000
Good
Fair
Above
฿5,990,000
Current asking Price: ฿4,300,000 | Rental estimate: ฿28,600/mo
This condo is ฿1,080,223 BELOW MARKET (-20%) in the Hua Hin area. It is analyzed against similar condos and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿4,300,000
CAM Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿2,940/mo
Est. Rent
฿28,600/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 based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 1 bedroom condos at Veranda Residence Hua Hin, and the current sales price.
8%

Project Details

Construction: Completed (Jun 2020)
Floors: 7
Buildings: 5
Units: 270
Project Area: 17,924 SqM
Nearest Landmark Wat Khao Takiab - 0.1 Km
Location: Nong Kae, Hua Hin, Prachuap Khiri Khan
Veranda Residence Hua Hin Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Spa Spa
Steam Room Steam Room
Reception / Lobby Area Reception / Lobby Area
Walking / Running Track Walking / Running Track
Indoor Games Room Indoor Games Room
Communal Garden Area Communal Garden Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning

Popular Facilities at Veranda Residence Hua Hin

  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor

Available Units at Veranda Residence Hua Hin

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฿102,381
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Thai Quota City View
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฿146,382
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฿172,563
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฿149,171
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2 Beds
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฿149,780
1 Beds
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฿144,862
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2 Beds
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3 Beds
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฿154,663
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2 Beds
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฿147,742
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2 Beds
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฿160,519
2 Beds
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3 Beds
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88 SqM Size
2 Floor
Foreign Quota Partial Sea View
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Studio Beds
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46 SqM Size
4 Floor
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1 Beds
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Get notified when new homes are being added to Veranda Residence Hua Hin

Loan Calculator

Payment Plan

1 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
20%
2nd Installment
On handover
80%
2 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿80,000
1st Installment
Upon contract signing
20%
2nd Installment
On handover
80%
3 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
20%
2nd Installment
On handover
80%
Penthouse
Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
20%
2nd Installment
On handover
30%

Frequently asked questions

No pets are allowed at Veranda Residence 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 ฿70 per square meter based on the size of indoor area of the property and is ฿2,940 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 Veranda Residence Hua Hin the required payment for the sinking fund is ฿700 per square meter based on the size of the indoor area of the property.
Wat Khao Takiab is the nearest Temple from Veranda Residence Hua Hin and it is 0.1 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 Veranda Residence Hua Hin you have to follow these steps:

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

 


1 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
20%
2nd Installment
On handover
80%
2 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿80,000
1st Installment
Upon contract signing
20%
2nd Installment
On handover
80%
3 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
20%
2nd Installment
On handover
80%
Penthouse
Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
20%
2nd Installment
On handover
30%

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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