Moda Residences Hua Hin

4.5 (1 Review)

Thap Tai, Hua Hin, Prachuap Khiri Khan

Unit ID: U475368
Sold Great Price
Bedroom
3 Bedrooms
Bathroom
4 Bathrooms
Indoor Area
170 SqM Indoor Area
Stairs
1 Storeys
Construction
Apr 2020 Completed

3 Bedroom Villa for sale at Moda Residences Hua Hin

This property is a 170 SqM villa with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the Moda Residences Hua Hin project in Thap Tai, Hua Hin and was completed in Apr 2020. You can buy this villa for a base price of ฿7,500,000 (฿44,118/SqM).

Features

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

Basic Information

Property Type Villa
Storeys 1
Location Thap Tai, Hua Hin, Prachuap Khiri Khan
Bedrooms 3
Nearest Landmark Suan Son Pradiphat Beach -5.9 Km
Indoor Area 170 SqM
Price per SqM ฿44,118
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 540 SqM
Villa Ownership

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

Foreign Ownership, Thai Ownership, Company
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, Company
Land Title Deed N/A
Construction Completed (Apr 2020)
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 Classic
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.
฿2,160/mo
Listed By
Developer
Date Listed Apr 17, 2020
Last Updated 5 months ago
Unit ID U475368

Price Analysis

Good Price
Estimated market value ฿7,690,695
Great
฿7,580,000
Good
Fair
Above
฿8,670,000
Current asking Price: ฿7,500,000
This villa is ฿190,695 BELOW MARKET (-2%) 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.
฿2,160/mo

Project Details

Project Name: Moda Residences Hua Hin
Developer: Moda Residences
Construction: Made To Order (9 Months)
Units: 13
Project Area: 9,600 SqM
Nearest Landmark Suan Son Pradiphat Beach - 5.9 Km
Location: Thap Tai, Hua Hin, Prachuap Khiri Khan
Moda Residences Hua Hin Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
25%
2nd Installment
on completion of 2nd stage of construction
20%
3rd Installment
on completion of 3rd stage of construction
10%
4th Installment
on completion of 4th stage of construction
10%
5th Installment
on completion of 5th stage of construction
10%
6th Installment
on completion of 6th stage of construction
10%
7th Installment
on completion of 7th stage of construction
10%
8th Installment
when the home is completed and ready for transfer
5%

Frequently asked questions

The common area maintenance fee is ฿4 per square meter based on the plot size of the property and is ฿2,160 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 Moda Residences Hua Hin and it is 5.9 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

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.

#1 - 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. 

#2 - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)

#3 - Is there a succession clause in the lease agreement that will allow inheritance of the lease?

 

Read more here

After you have found the right property at Moda Residences Hua Hin you have to follow these steps:

 

  • Unit selection and agreement of terms and conditions 

  • Reservation Agreement

  • Reservation Deposit 

  • Sales and Purchase Agreement

  • 1st Contract Payment 

  • Payment Installments

  • Snag List

  • Transfer

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
25%
2nd Installment
on completion of 2nd stage of construction
20%
3rd Installment
on completion of 3rd stage of construction
10%
4th Installment
on completion of 4th stage of construction
10%
5th Installment
on completion of 5th stage of construction
10%
6th Installment
on completion of 6th stage of construction
10%
7th Installment
on completion of 7th stage of construction
10%
8th Installment
when the home is completed and ready for transfer
5%

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
Great house with modern design
4.5 Agela Lunn, Denmark, 2 years ago
I decided to buy this house because this is a very interesting project. Although there are many made-to-order houses in Hua Hin, only a few of them come with modern design. The other projects are mostly contemporary, but this project's design is so innovative that it satisfies me a lot. Besides, the developer is quite reliable because they had experience in developing many renowned projects in Hua Hin. Now the house plan is completed. My house is a two-bedroom house with the perfect sizing and a private swimming pool. It comes out exactly what I like, so I can't wait to see the real house. The location is excellent as it isn't far from Hua Hin town, about 10 minutes drive only and it also comes with a reasonable price based on its quality.

Hua Hin

Thap Tai

Neighborhood Overview

Location and Neighborhood

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