The City 88

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Thap Tai, Hua Hin, Prachuap Khiri Khan

Unit ID: U967244
8% Rental Yield
฿4,990,000
Bedroom
3 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
179 SqM Indoor Area
Stairs
1 Storeys
Construction
Nov 2017 Completed

3 Bedroom Villa for sale at The City 88

This property is a 179 SqM villa with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the The City 88 project in Thap Tai, Hua Hin and was completed in Nov 2017. You can buy this villa for a base price of ฿4,990,000 (฿27,877/SqM) and it is also available for long term rentals starting from ฿35,000 per month.

Features

Private PoolPrivate Pool

Basic Information

Property Type Villa
Storeys 1
Location Thap Tai, Hua Hin, Prachuap Khiri Khan
Bedrooms 3
Nearest Landmark Hua Hin Floating Market -4.5 Km
Indoor Area 179 SqM
Price per SqM ฿27,877
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 400 SqM
Villa Ownership

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

N/A
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.

N/A
Land Title Deed N/A
Construction Completed (Nov 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) Garden View
Unit Type N/A
Parking Spots 2
Pool Size N/A
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 Jun 1, 2021
Last Updated 1 month ago
Unit ID U967244

Investment Opportunity: Charges & Yield

Sale Price
฿4,990,000
Rent
฿35,000/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.
12
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.
8%

Project Details

Project Name: The City 88
Developer: N/A
Construction: Completed (Nov 2017)
Units: 200
Project Area: N/A
Nearest Landmark Hua Hin Floating Market - 4.5 Km
Location: Thap Tai, Hua Hin, Prachuap Khiri Khan
The City 88 Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at The City 88

For Sale 2 For Rent 3
Get notified when new homes are being added to The City 88

Loan Calculator

Frequently asked questions

All kind of pets are allowed at The City 88 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Hua Hin Floating Market is the nearest Market from The City 88 and it is 4.5 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 The City 88 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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Hua Hin

Thap Tai

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