2 Bedroom Townhouse for sale at Riviera Pearl Hua Hin

3.85 (4 Reviews)
Nong Kae, Hua Hin, Prachuap Khiri Khan
Unit ID: U74146
฿3,980,000 Great Price
2 Bedrooms
3 Bathrooms
170 SqM Indoor Area
2 Storeys
Oct 2017 Completed

About This Townhouse

This property is a 170 SqM townhouse with 2 bedrooms and 3 bathrooms that is available for sale. It is part of the Riviera Pearl Hua Hin project in Nong Kae, Hua Hin and was completed in Oct 2017. You can buy this townhouse for a base price of ฿3,980,000 (฿23,412/SqM).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen

Basic Information

Property Type Townhouse
Storeys 2
Location Hua Hin, Prachuap Khiri Khan
Bedrooms 2
Nearest Landmark Hua Hin Beach -3.8 Km
Indoor Area 170 SqM
Price per SqM ฿23,412
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 102.40 SqM
Townhouse Ownership

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

Foreign Ownership, Thai 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 N/A
Construction Completed (Oct 2017)
Furniture
Available for ฿520,000
View(s) Garden View
Unit Type 2BR
Parking Spots 2
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.
฿1,750/mo
Listed By
Developer
Date Listed May 11, 2018
Last Updated 3 years ago
Unit ID U74146

3D Walkthrough

Price Analysis

Great Price
Estimated market value ฿4,385,263
Great
฿4,520,000
Good
Fair
Above
฿4,520,000
Current asking Price: ฿3,980,000
This townhouse is ฿405,263 BELOW MARKET (-9%) in the Hua Hin area. It is analyzed against similar townhouses 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
฿3,980,000
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.
฿1,750/mo

Project Details

Project Name: Riviera Pearl Hua Hin
Construction: Completed (Oct 2017)
Units: 27
Project Area: N/A
Nearest Landmark Hua Hin Beach - 3.8 Km
Location: Hua Hin, Prachuap Khiri Khan
Riviera Pearl Hua Hin Project Details

Project Features

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

Available Units at Riviera Pearl Hua Hin

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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
30%
2nd Installment
On handover
70%

Frequently Asked Questions

The common area maintenance fee for properties at Riviera Pearl Hua Hin is a fixed amount of ฿1,750. This amount 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 Riviera Pearl Hua Hin the required payment for the sinking fund is a fixed amount of ฿3,600.
Hua Hin Beach is the nearest Beach from Riviera Pearl Hua Hin and it is 3.8 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 Riviera Pearl Hua Hin you have to follow these steps:

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

Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
30%
2nd Installment
On handover
70%

 

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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Reviews

3.9 out of 5 3.85
Based on
4 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Amazing value
4.3 Verified Visitor, 2 years ago
A high quality, well-furnished villa for an amazing price! After dealing with Bangkok real estate for years, it was so refreshing to see the value we could get in Hua Hin. Huge pool, shared with great neighbours and a quick 10 minutes to the beach and Cicada Market.
Well designed townhouses
4 Verified Visitor, 2 years ago
Well designed townhouses in great location not far from the beach and shopping - nice pool in the back of the houses
A harmonious resort where you can feel home
4.4 Verified Current Resident, 2 years ago
All in all the whole project is very warm and gives you a harmonic feeling. The units are flooded with light and tastefully furnished. The outside and pool area is lovingly cared for and always kept clean. A negative point is maybe that the project is not completed yet, for example, the gym is not 100% finished, but you can already use the equipment.
There is a communal pool behind the house.
2.7 Mark L., Russia, 4 years ago
It is a quiet and luxury housing development. There is a communal pool behind the house. The house I bought is a 2-story house consisting of 2 bedrooms, 3 bathrooms, a large balcony, and 1-2 car parking. I think the project facilities are a little and too small. The traveling is inconvenient because it is far from the main road. This neighborhood is mostly surrounded by residential houses. Therefore, the project provides a good security system and is suitable for people who like privacy.
Hua Hin
Nong Kae

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Riviera Pearl Hua Hin

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