Banyan Residences

4.5 (1 Review)

Nong Kae, Hua Hin, Prachuap Khiri Khan

Unit ID: U164959
3% Rental Yield
฿10,500,000
Bedroom
3 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
250 SqM Indoor Area
Stairs
1 Storeys
Construction
Dec 2011 Completed

3 Bedroom Villa for sale at Banyan Residences

This property is a 250 SqM villa with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the Banyan Residences project in Nong Kae, Hua Hin and was completed in Dec 2011. You can buy this villa for a base price of ฿10,500,000 (฿42,000/SqM).

Features

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

Basic Information

Property Type Villa
Storeys 1
Location Nong Kae, Hua Hin, Prachuap Khiri Khan
Bedrooms 3
Nearest Landmark Suan Son Pradiphat Beach -1.5 Km
Indoor Area 250 SqM
Price per SqM ฿42,000
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 800 SqM
Villa Ownership

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

Leasehold
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.

Leasehold
Land Title Deed N/A
Construction Completed (Dec 2011)
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) Park View, Pool View, Garden View, Blocked View
Unit Type N/A
Parking Spots N/A
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.
฿1,600/mo
Listed By
Private Owner
Date Listed Aug 7, 2019
Last Updated 4 months ago
Unit ID U164959

Investment Opportunity: Charges & Yield

Sale Price
฿10,500,000
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.
฿1,600/mo
Est. Rent
฿25,700/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.
34
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 villas at Banyan Residences, and the current sales price.
3%

Project Details

Project Name: Banyan Residences
Developer: Banyan Thailand
Construction: Completed (Dec 2011)
Units: 102
Project Area: 150,000 SqM
Nearest Landmark Suan Son Pradiphat Beach - 1.5 Km
Location: Nong Kae, Hua Hin, Prachuap Khiri Khan
Banyan Residences Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
Bar Bar
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Spa Spa
Reception / Lobby Area Reception / Lobby Area

Popular Facilities at Banyan Residences

  • Clubhouse
    Ground Floor

Loan Calculator

Frequently asked questions

No pets are allowed at Banyan Residences 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 ฿2 per square meter based on the plot size of the property and is ฿1,600 for this villa. 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.
Suan Son Pradiphat Beach is the nearest Beach from Banyan Residences and it is 1.5 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 Banyan Residences 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

4.5 out of 5 4.5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
In addition to luxury villa is also very quiet
4.5 Marva Pacelli, Italy, 2 years ago
The luxury village is peaceful and surrounded by nature, along with many golfers' privileges as the project is one of the Banyan Golf Club Group. The property is in a good location. It's huge, quiet, and private. The land area of each villa is well-designed and neat. The residents can customize their houses to their lifestyles. The villa features start from 2 bedrooms with a living area of 120 sq.m. Inside, it's very airy with a high ceiling decorated in Thai styles inspired by wood and Thai arts. The facilities include a massive swimming pool around the village, the club, and a reliable security system. Every time I come back, I feel so secured, and I trust all the management and the guards at the entrance.

Hua Hin

Nong Kae

Neighborhood Overview

Location and Neighborhood

Street View

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