Malibu Kao Tao

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Nong Kae, Hua Hin, Prachuap Khiri Khan

Unit ID: U775766
7% Rental Yield
฿7,600,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
90 SqM Size
Floors
2 Floor
Construction
Feb 2012 Completed

1 Bedroom Condo for sale at Malibu Kao Tao

This property is a 90 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Malibu Kao Tao project in Nong Kae, Hua Hin and was completed in Feb 2012. You can buy this condo for a base price of ฿7,600,000 (฿84,444/SqM) and it is also available for long term rentals starting from ฿43,000 per month.

Chic corner unit for sale

This 2nd floor upmarket modern chic apartment is situated on a very quiet corner with a very classy interior design and a fully equipped western high glossy kitchen with German Häfele appliances including top quality built-in microwave, multifunction oven, induction ceramic stove, fridge and washing machine. This complex features numerous pools, a fitness room with sauna, meeting room, reception, gardens, direct beach access, undercover parking, 24H security. This prestigious beachfront complex is extremely quiet and tranquil making it the perfect spot to enjoy the peace or to explore the nearby attractions. Driving distance to: Pranburi Forest Park — 10 minutes. Sam Roi Yot, National Park — 45 minutes. Floating market — 17 minutes. Kao Takiab pier (ferry to Pataya) — 7 minutes. Kao Tao lake — 3 minutes. Banyan Golf — 7 minutes. Pranburi — 10 minutes. Hua Hin city centre — 10 minutes (Blúport).

Features

BeachfrontBeachfront Beach AccessBeach Access OceanfrontOceanfront Ocean AccessOcean Access Corner UnitCorner Unit BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub Washing MachineWashing Machine MicrowaveMicrowave OvenOven TVTV Cable TVCable TV

Basic Information

Property Type Condo
Floor 2
Bedroom 1
Size 90 SqM
Price per SqM ฿84,444
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not 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 that is currently below 49%.

Foreign Quota, Thai Quota, Company
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
Building 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.
฿3,600/mo
Listed By
Private Owner
Date Listed Apr 13, 2021
Last Updated 6 days ago
Unit ID U775766

Price Analysis

Great Price
Estimated market value ฿8,600,000
Great
฿5,240,000
Good
Fair
Above
฿12,200,000
Current asking Price: ฿7,600,000 | Advertised rental rate: ฿43,000/mo
This condo is ฿1,000,000 BELOW MARKET (-12%) in the Hua Hin area. It is analyzed against similar condos and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

Sale Price
฿7,600,000
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.

฿3,600/mo
Rent
฿43,000/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.

15
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.

7%

Project Details

Project Name: Malibu Kao Tao
Developer: M TALAY CO., LTD.
Construction: Completed (Feb 2012)
Floors: 7
Buildings: N/A
Units: 159
Project Area: N/A
Nearest Landmark Khao Tao Beach -0.3 Km
Location: Nong Kae, Hua Hin, Prachuap Khiri Khan
Malibu Kao Tao Project Details

Project Features

Hotel Managed Hotel Managed On Site Restaurant On Site Restaurant Communal Pool Communal Pool Jacuzzi Jacuzzi Communal Gym Communal Gym Bar Bar 24H Security 24H Security CCTV (Video Surveillance) CCTV (Video Surveillance) Indoor Kids Zone Indoor Kids Zone Car Parking Car Parking Direct Beach Access Direct Beach Access Sauna Sauna Reception Lobby Area Reception Lobby Area

Available Units at Malibu Kao Tao

For Sale 9 For Rent 3
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Frequently asked questions

The common area maintenance fee is ฿40 per square meter based on the size of indoor area of the property and is ฿3,600 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 Malibu Kao Tao the required payment for the sinking fund is ฿550 per square meter based on the size of the indoor area of the property.
Khao Tao Beach is the nearest Beach from Malibu Kao Tao and it is 0.3 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.

 

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After you have found the right property at Malibu Kao Tao you have to follow these steps:

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

 


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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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