Mali Signature

3.5 (1 Review)

Thap Tai, Hua Hin, Prachuap Khiri Khan

Unit ID: U655394
Sold Great Price
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
115 SqM Indoor Area
Stairs
1 Storeys
Construction
Dec 2021 Off Plan

2 Bedroom Villa for sale at Mali Signature

This property is a 115 SqM villa with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Mali Signature project in Thap Tai, Hua Hin and it is scheduled for completion in Dec 2021. You can buy this villa for a base price of ฿3,150,000 (฿27,391/SqM).

Features

Garden AccessGarden Access TerraceTerrace

Basic Information

Property Type Villa
Storeys 1
Location Thap Tai, Hua Hin, Prachuap Khiri Khan
Bedrooms 2
Nearest Landmark Khao Tao Beach -6.4 Km
Indoor Area 115 SqM
Price per SqM ฿27,391
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 115 SqM
Villa Ownership

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

Foreign Ownership, Thai Ownership, Company, Leasehold
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.

Thai Ownership, Company, Leasehold
Land Title Deed N/A
Construction Off Plan (Dec 2021)
Furniture
Available for ฿338,600
View(s) Garden View
Unit Type Townhouse
Parking Spots N/A
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.
฿1,495/mo
Listed By
Developer
Date Listed Jan 19, 2021
Last Updated 3 days ago
Unit ID U655394

Price Analysis

Good Price
Estimated market value ฿3,160,000
Great
฿3,020,000
Good
Fair
Above
฿4,220,000
Current asking Price: ฿3,150,000
This villa is priced at the current market value in the Hua Hin area. It is analyzed against similar villas 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

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.

฿1,495/mo

Project Details

Project Name: Mali Signature
Developer: Orchid Palm Homes
Construction: Off Plan (Dec 2021)
Units: 50
Project Area: 36,874 SqM
Nearest Landmark Khao Tao Beach -6.4 Km
Location: Thap Tai, Hua Hin, Prachuap Khiri Khan
Mali Signature Project Details

Project Features

24H Security 24H Security CCTV (Video Surveillance) CCTV (Video Surveillance)
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Payment Plan

Orchid Deluxe
Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
10%
2nd Installment
Construction Start
10%
3rd Installment
Foundation, Beam, Floor & Columns
10%
4th Installment
Roof Structure & Tiled roof
10%
5th Installment
Masonry & Blockwork
10%
6th Installment
Windows & Doors installed
10%
7th Installment
Exterior rendering complete
10%
8th Installment
Interior rendering complete
10%
9th Installment
Swimming pool complete
10%
10th Installment
Garden Installation begins
5%
11th Installment
On handover
5%
Orchid Signature
Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
10%
2nd Installment
Construction Start
10%
3rd Installment
Foundation, Beam, Floor & Columns
10%
4th Installment
Roof Structure & Tiled roof
10%
5th Installment
Masonry & Blockwork
10%
6th Installment
Windows & Doors installed
10%
7th Installment
Exterior rendering complete
10%
8th Installment
Interior rendering complete
10%
9th Installment
Swimming pool complete
10%
10th Installment
Garden Installation begins
5%
11th Installment
On handover
5%

Frequently asked questions

Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at Mali Signature.
The common area maintenance fee is ฿13 per square meter based on the plot size of the property and is ฿1,495 for this villa. 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.
Khao Tao Beach is the nearest Beach from Mali Signature and it is 6.4 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

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.

#1 - 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. 

#2 - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)

#3 - Is there a succession clause in the lease agreement that will allow inheritance of the lease?

 

Read more here

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

 

  • Unit selection and agreement of terms and conditions 

  • Reservation Agreement

  • Reservation Deposit 

  • Sales and Purchase Agreement

  • 1st Contract Payment 

  • Payment Installments

  • Snag List

  • Transfer

 


Orchid Deluxe
Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
10%
2nd Installment
Construction Start
10%
3rd Installment
Foundation, Beam, Floor & Columns
10%
4th Installment
Roof Structure & Tiled roof
10%
5th Installment
Masonry & Blockwork
10%
6th Installment
Windows & Doors installed
10%
7th Installment
Exterior rendering complete
10%
8th Installment
Interior rendering complete
10%
9th Installment
Swimming pool complete
10%
10th Installment
Garden Installation begins
5%
11th Installment
On handover
5%
Orchid Signature
Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
10%
2nd Installment
Construction Start
10%
3rd Installment
Foundation, Beam, Floor & Columns
10%
4th Installment
Roof Structure & Tiled roof
10%
5th Installment
Masonry & Blockwork
10%
6th Installment
Windows & Doors installed
10%
7th Installment
Exterior rendering complete
10%
8th Installment
Interior rendering complete
10%
9th Installment
Swimming pool complete
10%
10th Installment
Garden Installation begins
5%
11th Installment
On handover
5%

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

3.5 out of 5 3.5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
It is a beautifully designed sitting area
3.5 Cordell Degroot, Belgium, 1 year ago
The village is well-organized, and the atmosphere is good. The common area provides a large garden and playground. Able to do the activities with family. The swimming pool in the house is also very large. It is a beautifully designed sitting area. The furniture provided is a fair grade, and I think it's worth the money. However, the disadvantage is that it is too far from the city and difficult to travel to. Also, there are no convenience stores nearby at all. It's about 5-6 kilometers away from the market and the city center, suitable for a vacation home or ideal for speculative purchases for investment.

Hua Hin

Thap Tai

Neighborhood Overview

Location and Neighborhood

Street View

Prachuap Khiri Khan House / Villa Market insight