Mali Residence

4.31 (4 Reviews)

Thap Tai, Hua Hin, Prachuap Khiri Khan

Unit ID: U274663
Sold Great Price
Bedroom
3 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
166 SqM Indoor Area
Stairs
1 Storeys
Construction
Mar 2016 Completed

3 Bedroom Villa for sale at Mali Residence

This property is a 166 SqM villa with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the Mali Residence project in Thap Tai, Hua Hin and was completed in Mar 2016. You can buy this villa for a base price of ฿7,900,000 (฿47,590/SqM).

3 Bedroom Villa for sale at Mali Residence

 

Located off soi 112, Mali Residence is a stunning gated community in the seaside resort town of Hua Hin.
Completed in 2018 by the top-rated development company, Mali Residence is conveniently located 9 km from Hua
Hin center, 6 km to the beach, and 3 km to the express by-pass to Bangkok.


The established development is comprised of 68 villas, with a friendly community of residents from many countries
including the UK, Europe, Australia, and North America. For those interested in connecting with others, there is an
active social media group created by residents to share information, organize social events, and for easily getting to
know others in the community.


List price THB 7,900,000. (approx. € 230,000.)


Completed in 2016, the villa is located on a large corner plot with mature trees & tropical landscaped garden, open
green space and uninterrupted southward views.

 3 full bedrooms with fitted wardrobes & granite-topped desks, plenty of storage space
 2 full bathrooms inside the home, plus pool side bathroom & outdoor shower
 8 x 4 m pool with feature water fountain, easy stairs access & salt chlorination system, maintained by OPH
and PoolRUs. Warranty until 2025.
 Plot size: 676 m2 ... 30% larger than the standard Orchid Villa plot of 525m2
 Built-up area (interior home): 167 m2

Features:
 Kvik fully-equipped European kitchen, including soft-close drawers, granite tops and quality Hafele
appliances (dishwasher, built-in oven & microwave, and 4 burner gas hob)
 Quality Hafale faucets throughout the home
 LG Direct drive (quiet) washing machine, 7kg capacity
 Saijo Denki inverter air conditioning units (5) throughout the home, regularly serviced and professionally
cleaned
 Winfavor ceiling fans in all rooms and outdoor terraces, with adjustable speeds
 Wireless security alarm system
 High-speed internet connection ready, with LAN/AV connections throughout the home
 Energy-efficient LED lighting

This turnkey villa comes complete with:
 New furniture & household goods from Beautiful World furniture gallery: solid wood bed frames & bed side
tables, new mattresses & sheets, full array of towels.
 Outdoor dining table, chairs (6), sofa set, lounge chairs (2)
 Large leather sofa, with low-height coffee table
 Flatscreen TV, atop a TV bench with drawers
 Full assortment of kitchen utensils, plates, cups, etc.

 

Maintenance fee of THB 7,578 per month (2020 rate), inclusive of:
 On-site OPH management team
 Garden service, 90 minutes daily, 6x per week, Mo-Sa, inclusive of complete garden maintenance & lawn
care
 Pool cleaning & service 3x per week, including maintained pH levels
 24/7 security at both entrances to the development
 Shuttle service to BluPort & Market Village shopping centers, 4x daily, Mon-Sun
 Garbage collection, weekly
 Maintenance of roads, hedges & common areas throughout the community
 Communal BBQ area with kiddies playground in the center of the development
 Optional: Floating fund, worry-free handling of all your utility payments in your absence

Features

Private PoolPrivate Pool Private GardenPrivate Garden Corner UnitCorner Unit Outdoor ShowersOutdoor Showers Full Western KitchenFull Western Kitchen

Basic Information

Property Type Villa
Storeys 1
Location Thap Tai, Hua Hin, Prachuap Khiri Khan
Bedrooms 3
Nearest Landmark Khao Takiab Beach -6.6 Km
Indoor Area 166 SqM
Price per SqM ฿47,590
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 675 SqM
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.

Leasehold
Land Title Deed Nor Sor 3 Gor
Construction Completed (Mar 2016)
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) Pool View, Garden View
Unit Type N/A
Parking Spots 1
Pool Size 8m x 4m
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.
฿7,425/mo
Listed By
Private Owner
Date Listed Jan 11, 2020
Last Updated 1 year ago
Unit ID U274663

Price Analysis

Great Price
Estimated market value ฿8,421,028
Great
฿8,260,000
Good
Fair
Above
฿11,400,000
Current asking Price: ฿7,900,000
This villa is ฿521,028 BELOW MARKET (-6%) 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.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

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.
฿7,425/mo

Project Details

Project Name: Mali Residence
Developer: Orchid Palm Homes
Construction: Completed (Jun 2018)
Units: 66
Project Area: 43,200 SqM
Nearest Landmark Khao Takiab Beach - 6.6 Km
Location: Thap Tai, Hua Hin, Prachuap Khiri Khan
Mali Residence Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
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Frequently asked questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Mali Residence.
The common area maintenance fee is ฿11 per square meter based on the plot size of the property and is ฿7,425 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.
Khao Takiab Beach is the nearest Beach from Mali Residence and it is 6.6 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 Mali Residence 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

4.3 out of 5 4.31
Based on
4 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Good quality project Suitable for both living and renting
4.4 Kanokporn Sangpia, Thailand, Visitor, 1 year ago
Beautiful project, the common area has a playground, suitable for families And an indoor area for organizing activities of the residents The house is a 3 bedroom pool villa style. With a private garden, pleasant atmosphere, good atmosphere, surrounding atmosphere, quiet project, suitable for jogging or cycling
Beautiful house with private pool, inexpensive, with shuttle bus to town.
4.2 Verified Visitor, 1 year ago
Have been visiting Mali Project since The project has just begun to start selling. Favorite since seeing a model house That can allocate a living space suitable for small and medium families Beautiful furniture and living space in the kitchen area, spacious and comfortable, the project may not be near the main road. Or walk to the shops But you can drive into Hua Hin town within 10 minutes, including the project's own shuttle. For people who do not have their own car Or have to rent The central fee is the middle price. Not considered too cheap and expensive Because including common areas with a private pool and a private garden After entering the project Also liked the greenery of the central area and the overall project There is a 24-hour security too for those who want privacy and security. I recommend this project. Plus a big project The company has been in operation for many years. It is very reliable.
Beautiful development in Hua Hin
4.7 Verified Former Resident, 1 year ago
Very well maintained development and the houses have great layouts, high quality finishings and the area is very peaceful
Very beautiful and neat
4 Young Gateley, United States, 1 year ago
The project's master plan is neat and tidy, and the villa is well-designed with a large living area. I can customize the villa as I like. The materials and furniture are of high quality. The place is flawless and suitable for a long weekend or retirement life. The townhouse segment comes with common areas where you can find a swimming pool, a playground, and a spacious parking space. When you have a problem, the staff is ready to help immediately. The property is in the suburban area, so it's quite tranquil and private, but you can drive to Hua Hin city, just 10 kilometers. The area seems potential for investors these days, as many foreigners move in. So, it's perfect for both long-term investment or living. Plus, the developer's successful experience makes me feel confident that I can gain the highest benefits.

Hua Hin

Thap Tai

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