3 Bedroom Villa for sale at Waterside Residences by Red Mountain

(3 Reviews)
Thap Tai, Hua Hin, Prachuap Khiri Khan
Unit ID: U1097968
7% Rental Yield
3 Bedrooms
2 Bathrooms
170 SqM Indoor Area
1 Storeys
Nov 2015 Completed

About This Villa

This property is a 170 SqM villa with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Thap Tai, Hua Hin and was completed in Nov 2015. You can buy this villa for a base price of £164,000 (£967/SqM).

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Full Western KitchenFull Western Kitchen Washing MachineWashing Machine MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed May 26, 2022
Updated 1 year ago
Property Type Villa (Single Detached)
Storeys 1
Location Thap Tai, Hua Hin
Bedrooms 3
Nearest Landmark Hua Hin Beach -5 Km
Indoor Area 170 SqM
Price per SqM £967
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 537 SqM
Pets Not Allowed
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 (Nov 2015)
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 N/A
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.
£77/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1097968

Investment Opportunity: Charges & Yield

Sale Price
£164,000
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.
£77/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.
15
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 3 bedroom villas at Waterside Residences by Red Mountain, and the current sales price.
7%

Project Details

Construction: Completed (May 2016)
Units: 15
Project Area: N/A
Nearest Landmark Hua Hin Beach - 5 Km
Location: Thap Tai, Hua Hin
Waterside Residences by Red Mountain Project Details

Project Features

24H Security 24H Security

Available Units at Waterside Residences by Red Mountain

For Sale 3 For Rent 1
Get notified when new homes are being added to Waterside Residences by Red Mountain
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Frequently Asked Questions

No pets are allowed at Waterside Residences by Red Mountain unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Hua Hin Beach is the nearest Beach from Waterside Residences by Red Mountain and it is 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 Waterside Residences by Red Mountain 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

Reviews

3.6 out of 5
Based on
3 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
For a wonderful holiday and a peaceful life
Iurii Sidorov, Israel, Current Resident, 2 months ago
If you value peace and quiet and have your own transport, then this is the place for you. The city is nearby (5 min drive), shopping centers and the beach are also not far away (10 min). Good service, high-quality built houses with high-quality furniture and equipment, with beautiful gardens and large swimming pools. A very quiet and peaceful area for wealthy foreigners.
Popular developer - nice layouts
Verified Visitor, 4 years ago
Nice villas in a quiet community from a well-known developer in Hua Hin - good location only 10 mins away from city center.
The atmosphere here is good for relaxing !!
Jaque Erskine, France, 5 years ago
The project is well-organized and maintained. We do not regret buying a house here because the atmosphere is good and suitable for relaxing days. Inside the house, there is a burglar alarm and CCTV cameras installed around the project, so we feel safe. Although the project is located in a quiet location, there are various support services available. The staff is very helpful, but the project still has some disadvantages: Travel is not convenient because it is too far from the city and the project's entrance is quite lonely. Many foreigners are living here. I think that it is suitable for a vacation home.
Hua Hin
Thap Tai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Waterside Residences by Red Mountain

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Thap Tai, Hua Hin, Prachuap Khiri Khan
Number of units
42
Sales Prices
£126K - £363K
Monthly Rentals
N/A
Year Built
May 2010
Completion Status
Completed
Location
Thap Tai, Hua Hin, Prachuap Khiri Khan
Number of units
24
Sales Prices
£331K - £457K
▼ -15% underpriced
Monthly Rentals
£1.37K
Year Built
May 2010
Completion Status
Completed
Location
Thap Tai, Hua Hin, Prachuap Khiri Khan
Number of units
42
Sales Prices
£153K - £224K
Monthly Rentals
N/A
Year Built
Sep 2015
Completion Status
Completed
Location
Thap Tai, Hua Hin, Prachuap Khiri Khan
Number of units
25
Sales Prices
£249K - £257K
▼ -10% underpriced
Monthly Rentals
N/A
Year Built
Dec 2010
Completion Status
Completed
Location
Thap Tai, Hua Hin, Prachuap Khiri Khan
Number of units
11
Sales Prices
£199K
▼ -13.5% underpriced
Monthly Rentals
N/A
Year Built
Oct 2010
Completion Status
Completed
Location
Thap Tai, Hua Hin, Prachuap Khiri Khan
Number of units
10
Sales Prices
£97K - £103K
▼ -0.8% underpriced
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Made To Order
Location
Thap Tai, Hua Hin, Prachuap Khiri Khan
Number of units
4
Sales Prices
£135K
Monthly Rentals
N/A
Year Built
May 2024
Completion Status
Completed
Project Name
Hua Hin The Gold
Location
Thap Tai, Hua Hin, Prachuap Khiri Khan
Number of units
5
Sales Prices
£148K - £176K
▼ -21% underpriced
Monthly Rentals
£1.14K - £1.26K
Year Built
Dec 2013
Completion Status
Completed
Project Name
Natthanan Village
Location
Thap Tai, Hua Hin, Prachuap Khiri Khan
Number of units
2
Sales Prices
£84.5K
Monthly Rentals
N/A
Year Built
Jan 2022
Completion Status
Completed
Project Name
THE PYNE HUAHIN
Location
Thap Tai, Hua Hin, Prachuap Khiri Khan
Number of units
17
Sales Prices
£194K - £249K
Monthly Rentals
£1.71K
Year Built
Dec 2023
Completion Status
Completed
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