Baan Mio

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Hin Lek Fai, Hua Hin, Prachuap Khiri Khan

Unit ID: U80873
7% Rental Yield
฿4,200,000 ฿4,500,000
Bedroom
3 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
120 SqM Indoor Area
Stairs
1 Storeys
Construction
Dec 2013 Completed

3 Bedroom Villa for sale at Baan Mio

This property is a 120 SqM villa with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the Baan Mio project in Hin Lek Fai, Hua Hin and was completed in Dec 2013. You can buy this villa for a base price of ฿4,200,000 (฿35,000/SqM) and it is also available for long term rentals starting from ฿25,000 per month.

Are you looking for a holiday home and a place that is easy to rent out with a good return on investment, look no further. This house is located on the so called Pala u road just next to the La Vallee Light.

Small community save and secure.

No maintenance fee

In the area there is convenient stores, restaurants, fishing parks, Big C and so much more.

Drive down to Hua Hin in 5 minutes.

Fully furnished, Air cons, Western kitchen style, Car port, etc., security systems, cameras around the house, nice garden and private pool.

Ready to move in or rent it out.

Transfer fee : Share by seller / buyer

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Full Western KitchenFull Western Kitchen

Basic Information

Property Type Villa
Storeys 1
Location Hin Lek Fai, Hua Hin, Prachuap Khiri Khan
Bedrooms 3
Nearest Landmark Hin Lek Fai Mountain Viewpoint -3.4 Km
Indoor Area 120 SqM
Price per SqM ฿35,000
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 250 SqM
Villa Ownership

Foreign nationals can own the building (villa) 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 (Dec 2013)
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) Garden View
Unit Type N/A
Parking Spots 1
Pool Size 5m x 3m
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.
N/A
Listed By
Private Owner
Date Listed Aug 3, 2018
Last Updated 1 year ago
Unit ID U80873

3D Walkthrough

Investment Opportunity: Charges & Yield

Sale Price
฿4,200,000
Rent
฿25,000/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.
14
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.
7%

Project Details

Project Name: Baan Mio
Developer: N/A
Construction: Completed (Dec 2013)
Units: 20
Project Area: N/A
Nearest Landmark Hin Lek Fai Mountain Viewpoint - 3.4 Km
Location: Hin Lek Fai, Hua Hin, Prachuap Khiri Khan
Baan Mio Project Details

Project Features

CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Loan Calculator

Frequently asked questions

Hin Lek Fai Mountain Viewpoint is the nearest Tourist Attraction from Baan Mio and it is 3.4 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 Mio 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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Hin Lek Fai

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