Manora Village III

4.08 (2 Reviews)

Nong Kae, Hua Hin, Prachuap Khiri Khan

Unit ID: U73394
6% Rental Yield
฿13,750,000 ฿18,000,000 Great Price
Bedroom
3 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
279 SqM Indoor Area
Stairs
2 Storeys
Construction
Oct 2017 Completed

3 Bedroom Villa for sale at Manora Village III

This property is a 279 SqM villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Manora Village III project in Nong Kae, Hua Hin and was completed in Oct 2017. You can buy this villa for a base price of ฿13,750,000 (฿49,283/SqM) and it is also available for long term rentals starting from ฿70,000 per month.

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen

Basic Information

Property Type Villa
Storeys 2
Location Nong Kae, Hua Hin, Prachuap Khiri Khan
Bedrooms 3
Nearest Landmark Khao Tao Beach -1.4 Km
Indoor Area 279 SqM
Price per SqM ฿49,283
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 616 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 (Oct 2017)
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) Mountain View, Garden View
Unit Type Villa Royale F
Parking Spots 1
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.
฿1,891,062/mo
Listed By
Developer
Date Listed Apr 27, 2018
Last Updated 6 months ago
Unit ID U73394

Price Analysis

Great Price
Estimated market value ฿19,851,261
Great
฿12,800,000
Good
Fair
Above
฿14,100,000
Current asking Price: ฿13,750,000 | Advertised rental rate: ฿70,000/mo
This villa is ฿6,101,261 BELOW MARKET (-31%) 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

Sale Price
฿13,750,000
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.
฿1,891,062/mo
Rent
฿70,000/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.
16
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.
6%

Project Details

Project Name: Manora Village III
Developer: Manora Co., Ltd
Construction: Completed (Oct 2017)
Units: 27
Project Area: 24,800 SqM
Nearest Landmark Khao Tao Beach - 1.4 Km
Location: Nong Kae, Hua Hin, Prachuap Khiri Khan
Manora Village III Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Popular Facilities at Manora Village III

  • Communal Pool
    Ground Floor

Available Units at Manora Village III

For Sale 6 For Rent 6
Get notified when new homes are being added to Manora Village III

Loan Calculator

Payment Plan

Normal plan
Installment Milestone Payment
Deposit
Immediately
10%
1st Installment
On handover
90%
0 Interest for 5 years
Installment Milestone Payment
1st Installment
Upon contract signing
40%
2nd Installment
2nd year
15%
3rd Installment
3rd year
15%
4th Installment
4th year
15%
5th Installment
On handover
15%

Frequently asked questions

No pets are allowed at Manora Village III unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
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 Manora Village III the required payment for the sinking fund is a fixed amount of ฿50,000.
Khao Tao Beach is the nearest Beach from Manora Village III and it is 1.4 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 Manora Village III you have to follow these steps:

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

Normal plan
Installment Milestone Payment
Deposit
Immediately
10%
1st Installment
On handover
90%
0 Interest for 5 years
Installment Milestone Payment
1st Installment
Upon contract signing
40%
2nd Installment
2nd year
15%
3rd Installment
3rd year
15%
4th Installment
4th year
15%
5th Installment
On handover
15%

 

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

Do you own a property at Manora Village III?

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Reviews

4.1 out of 5 4.08
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A villa in a great and pleasant
4 Bula Heady, Australia, 2 years ago
If anyone is looking for a private villa surrounded by good surroundings and located in a potential community, I recommend Manora Village 3. It is very responsive to modern people or large families because there is a spacious space with 3 bedrooms. The size that I bought, it's worth it. The villas are clearly and appropriately divided into different rooms. Moreover, there are complete facilities such as a swimming pool, a fitness center, jacuzzi, a restaurant, and a relaxation garden. It makes everyday convenient.
The house here is wonderful
4.2 Tony Coulston, Australia, 3 years ago
The house here is wonderful and sold out so fast in the previous phase. When I bought the 3-bedroom house from this project, I understand why. The house area is extremely spacious with a private garden. There is a lot of space inside the house with a well-organized house plan and looks modern. The facilities here are everything you need, including a swimming pool, gym, garden, and restaurant project. The surrounding area is shady and is very quiet, suitable for living. So I don't hesitate to bring happiness to everyone in my family, including my wife's dog. As for the price, it is considered okay. If you ask me about the location, it is very close to Khao Tao Beach, just a few minutes away. There is a golf course nearby as well. Shops and restaurants are easy to find. It is a very livable project in terms of living.

Hua Hin

Nong Kae

Neighborhood Overview

Location and Neighborhood

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Projects Nearby Manora Village III

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Project Name
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Project Name
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Location
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Number of units
22
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฿6.3M - ฿8M
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Monthly Rentals
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Year Built
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Project Name
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Location
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Number of units
50
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Completed
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Completed
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Number of units
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