3 Bedroom Condo for sale at SeaRidge

(1 Review)
Nong Kae, Hua Hin, Prachuap Khiri Khan
Unit ID: U67816
5% Rental Yield
3 Bedrooms
2 Bathrooms
355 SqM Size
6 Floor
May 2011 Completed

About This Condo

This property is a 355 SqM condo with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the SeaRidge project in Nong Kae, Hua Hin and was completed in May 2011. You can buy this condo for a base price of ฿13,500,000 (฿38,028/SqM) and it is also available for long term rentals starting from ฿52,000 per month.

Features

JacuzziJacuzzi Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Mar 7, 2018
Updated 3 years ago
Property Type Condo
Floor 6
Bedrooms 3
Size 355 SqM
Price per SqM ฿38,028
Pets Not Allowed
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%.

Leasehold
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) Sea View, Mountain View, City View
Unit Type N/A
Building SeaRidge
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.
฿14,200/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U67816

Price Analysis

Great Price
Estimated market value ฿17,050,467
Great
฿19,000,000
Good
Fair
Above
฿19,000,000
Current asking Price: ฿13,500,000 | Advertised rental rate: ฿52,000/mo
This condo is ฿3,550,467 BELOW MARKET (-21%) 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.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿13,500,000
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.
฿14,200/mo
Rent
฿52,000/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.
22
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.
5%

Project Details

Project Name: SeaRidge
Construction: Completed (May 2011)
Floors: 6
Buildings: 1
Units: 56
Project Area: 57,000 SqM
Nearest Landmark Khao Tao Beach - 2.3 Km
Location: Nong Kae, Hua Hin
SeaRidge 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
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area

Popular Facilities at SeaRidge

  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor

Available Units at SeaRidge

For Sale 9 For Rent 11
Get notified when new homes are being added to SeaRidge
View All (9)

Loan Calculator

Frequently Asked Questions

No pets are allowed at SeaRidge 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 ฿40 per square meter based on the size of indoor area of the property and is ฿14,200 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.
Khao Tao Beach is the nearest Beach from SeaRidge and it is 2.3 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.

 

Read more here

After you have found the right property at SeaRidge 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

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

Do you own a property at SeaRidge?

Find out how much your property is worth and start your listing for free.

Reviews

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The second home is a simple condo in the middle of the mountains and beautiful nature.
Sacha Tremaine, United Kingdom, 12 years ago
I bought this condo because I like the atmosphere with the greenery. Wherever you look, it's easy on the eyes. Most importantly, it's a perfect hideaway from the hustle and bustle. Next, I will start reviewing the condo. My first house was in Phuket. I bought it for my parents to live there, but I have to come to work in Hua Hin, so I decided to buy a 3-bedroom unit for this project. In case if my family and my relatives visit me, they will have comfortable accommodation to stay. As for the location, it is great next to the shopping mall, restaurant, and seaside. It is so easy to get around, but the main road is Petchkasem Road. There will be disadvantages here in the matter of parking. There will be insufficient per housing member, so I have to waste time to find a parking space each time quite a bit. Everything else is ok because I like the nature of this place, so I agree with everything.
Hua Hin
Nong Kae

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby SeaRidge

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
Project Name
Eden Garden Home
Location
Nong Kae, Hua Hin, Prachuap Khiri Khan
Number of units
39
Sales Prices
฿7.9M
▼ -12% underpriced
Monthly Rentals
N/A
Year Built
Dec 2011
Completion Status
Completed
Project Name
Villa Vista
Location
Nong Kae, Hua Hin, Prachuap Khiri Khan
Number of units
40
Sales Prices
฿6.99M
▼ -8% underpriced
Monthly Rentals
N/A
Year Built
Mar 2017
Completion Status
Completed
Project Name
The Spirits
Location
Nong Kae, Hua Hin, Prachuap Khiri Khan
Number of units
42
Sales Prices
฿6M - ฿11.9M
▼ -10% underpriced
Monthly Rentals
N/A
Year Built
Jun 2015
Completion Status
Completed
Location
Nong Kae, Hua Hin, Prachuap Khiri Khan
Number of units
39
Sales Prices
฿7.9M
▼ -18.5% underpriced
Monthly Rentals
฿55K
Year Built
Jan 2007
Completion Status
Completed
Project Name
Baan Thai Village
Location
Nong Kae, Hua Hin, Prachuap Khiri Khan
Number of units
51
Sales Prices
฿6.5M
▼ -31% underpriced
Monthly Rentals
N/A
Year Built
Dec 2002
Completion Status
Completed
Location
Nong Kae, Hua Hin, Prachuap Khiri Khan
Number of units
54
Sales Prices
฿5.5M - ฿10.5M
▲ 7% overpriced
Monthly Rentals
฿25K - ฿59K
Year Built
Aug 2016
Completion Status
Completed
Location
Nong Kae, Hua Hin, Prachuap Khiri Khan
Number of units
18
Sales Prices
฿10.5M - ฿18.6M
▼ -4% underpriced
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Made To Order
Location
Nong Kae, Hua Hin, Prachuap Khiri Khan
Number of units
159
Sales Prices
฿5.6M - ฿12.2M
▲ 4.5% overpriced
Monthly Rentals
฿25K - ฿45K
Year Built
Oct 2008
Completion Status
Completed
Project Name
Baan Nub Kluen
Location
Nong Kae, Hua Hin, Prachuap Khiri Khan
Number of units
180
Sales Prices
฿4M - ฿45M
▼ -25% underpriced
Monthly Rentals
฿24K - ฿40K
Year Built
May 2009
Completion Status
Completed
Project Name
Chelona Khao Tao
Location
Nong Kae, Hua Hin, Prachuap Khiri Khan
Number of units
174
Sales Prices
฿4.5M - ฿19M
▼ -1% underpriced
Monthly Rentals
฿28K - ฿70K
Year Built
May 2012
Completion Status
Completed
Back to top
  • Fazwaz Group Sites www.fazwaz.cn www.fazwaz.ru www.fazwaz.fr www.fazwaz.de www.fazwaz.es www.fazwaz.jp www.fazwaz.co.kr