1 Bedroom Condo for sale at Marvest

(5 Reviews)
Hua Hin City, Hua Hin, Prachuap Khiri Khan
Unit ID: U974636
8% Rental Yield
Tenant-Occupied until Feb 26, 2025
1 Bedroom
1 Bathroom
31 SqM Size
4 Floor
Dec 2019 Completed

About This Condo

This property is a 31 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Hua Hin City, Hua Hin and was completed in Dec 2019. You can buy this condo for a base price of £65,000 (£2,100/SqM) and it is also available for long term rentals starting from £411 per month.

Features

Beach AccessBeach Access BalconyBalcony BathtubBathtub Fully RenovatedFully Renovated MicrowaveMicrowave TVTV Cable TVCable TV

Basic Information

Date Listed Jun 8, 2021
Updated 2 days ago
Property Type Condo
Floor 4
Bedroom 1
Size 31 SqM
Price per SqM £2,100
Pets Not Allowed
Condo Ownership

Foreign nationals can own condominium units as freehold owners in buildings where no more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if it is currently below 49%.

Thai Quota
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) City View
Unit Type N/A
Building Building 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.
£35/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U974636

Investment Opportunity: Charges & Yield

Sale Price
£65,000
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.
£35/mo
Rent
£411/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.
13
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: Marvest
Construction: Completed (Dec 2019)
Floors: 8
Buildings: 2
Units: 336
Project Area: 4,800 SqM
Nearest Landmark Hua Hin Beach - 0.5 Km
Location: Hua Hin City, Hua Hin
Marvest Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area

Popular Facilities at Marvest

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor

Available Units at Marvest

For Sale 17 For Rent 19
Updated 2 days ago
Available Units at Marvest
£65,000
£2,100/SqM
Beds 1 Beds
Baths 1 Baths
Size 31 SqM Size
Floor 4 Floor
Thai Quota Fully Furnished City View
Updated 1 week ago
Available Units at Marvest
£235,000
£2,530/SqM
Beds 3 Beds
Baths 2 Baths
Size 93 SqM Size
Floor 8 Floor
Foreign Quota Fully Furnished City View
Available Units at Marvest
£61,600
£1,990/SqM
Beds 1 Beds
Baths 1 Baths
Size 31 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished City View
Available Units at Marvest
£70,700
£2,250/SqM
Beds 1 Beds
Baths 1 Baths
Size 31.40 SqM Size
Floor 4 Floor
Thai Quota Fully Furnished Pool View
Updated 2 weeks ago
Available Units at Marvest
£75,300
£2,510/SqM
Beds 1 Beds
Baths 1 Baths
Size 30 SqM Size
Floor 2 Floor
Foreign Quota Fully Furnished Garden View
Updated 5 days ago
Available Units at Marvest
£66,200
£2,170/SqM
Beds 1 Beds
Baths 1 Baths
Size 30.45 SqM Size
Floor 3 Floor
Thai Quota Fully Furnished City View
Available Units at Marvest
£97,000
£2,420/SqM
Beds 1 Beds
Baths 1 Baths
Size 40 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished Pool View
Updated 1 month ago
Available Units at Marvest
£135,000
£2,240/SqM
Beds 2 Beds
Baths 2 Baths
Size 60 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished City View
Available Units at Marvest
£97,000
£2,420/SqM
Beds 1 Beds
Baths 1 Baths
Size 40 SqM Size
Floor Ground Floor Floor
Foreign Quota Fully Furnished Garden View
Updated 1 week ago
Available Units at Marvest
£210,000
£2,840/SqM
Beds 2 Beds
Baths 2 Baths
Size 74 SqM Size
Floor 8 Floor
Foreign Quota Fully Furnished Pool View
Updated 1 month ago
Available Units at Marvest
£180,000
£2,440/SqM
Beds 2 Beds
Baths 2 Baths
Size 74 SqM Size
Floor 7 Floor
Thai Quota Fully Furnished
Updated 3 weeks ago
Available Units at Marvest
£59,300
£1,980/SqM
Beds 1 Beds
Baths 1 Baths
Size 30 SqM Size
Floor 3 Floor
Thai Quota Fully Furnished Garden View
Updated 5 days ago
Available Units at Marvest
£52,300£59,900
£1,740/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 30 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished City View
Updated 5 days ago
Available Units at Marvest
£65,000
£2,170/SqM
Beds 1 Beds
Baths 1 Baths
Size 30 SqM Size
Floor 6 Floor
Foreign Quota Fully Furnished City View
Available Units at Marvest
£68,200
£2,270/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 30 SqM Size
Floor 2 Floor
Foreign Quota Fully Furnished Pool View
Available Units at Marvest
£157,000
£2,620/SqM
Beds 2 Beds
Baths 2 Baths
Size 60 SqM Size
Floor 8 Floor
Foreign Quota Unfurnished Mountain View
Available Units at Marvest
£157,000
£2,620/SqM
Beds 2 Beds
Baths 2 Baths
Size 60 SqM Size
Floor 8 Floor
Foreign Quota Unfurnished City View
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Frequently Asked Questions

No pets are allowed at Marvest 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 ฿50 per square meter based on the size of indoor area of the property and is ฿1,550 for this condo. 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.
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 Marvest the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Hua Hin Beach is the nearest Beach from Marvest and it is 0.5 km away.

Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

 

Read more here

After you have found the right property at Marvest you have to follow these steps:

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

 


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

Reviews

4.5 out of 5
Based on
5 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Best location in all of Hua Hin if you want to be in the mix
Joon Kim, Visitor, 9 months ago
Great amazing facility with friendly staff. Place is modern and clean. Really enjoyed this place and it is in the heart of downtown Hua Hin.
Great place, services, personnel and infrastructure
Verified Visitor, 2 years ago
The best thing about this building, is maybe the huge pool located in the middle of the city. Walking you can go literally everywhere in Hua Hin, the beach, shopping mall, night market, railway station it is uniquely located in the middle of all attractions. Also it is new and the facilities are top notch. The personnel is friendly and helpful. It is an amazing place!
Condo in the heart of Hua Hin
Verified Visitor, 4 years ago
Condo in the heart of Hua Hin within walking distance to everywhere. Rooms that face the street might be a bit noisy
Located on the mainroad - petkasem
Marciano brewster, Netherlands, Visitor, 4 years ago
This project is located on the main road, the units are standard and have no decorations. Small sized and perfect for singles with a low budget. Major development does deliver good construction quality , so therefore its worth an investment. This project is in the heart of Hua hin city, conveniently surrounded by all the landmarks and venues
Condominium suit for vacation house, located in the city
Natcha J., Thailand, 4 years ago
I am looking for a second home or a vacation house that can act as my shelter from Bangkok's hustle. It shouldn't be far and safe for living alone, and I don't pay much attention to the view. I visited this condo, and it's recently built and affordable, without a sea view. The location is good; you can walk to the beach, yet it's still in the town where you can find food at the night market. This condo is new and not very high, with many facilities available such as a pool, a gym, a jacuzzi, a big garden. I live in a 1-bedroom unit, about 40 sq.m. It's beautiful and furnished. I love that they separated the kitchen area from the bedroom and the living room with the wall. Parking seems to be a problem here. It's not enough, but if you don't stay here on a long weekend, it's still possible to find one.
Hua Hin
Hua Hin City

Neighborhood Overview

Location and Neighborhood

Street View

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Dec 2009
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£114 - £411
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Mykonos Condo
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