3 Bedroom House for sale at The Rico Huahin

5 (1 Review)
Hin Lek Fai, Hua Hin, Prachuap Khiri Khan
Unit ID: U262647
฿3,360,000 Great Price
3 Bedrooms
2 Bathrooms
130 SqM Indoor Area
1 Storeys
Jan 2019 Completed

About This House

This property is a 130 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the The Rico Huahin project in Hin Lek Fai, Hua Hin and was completed in Jan 2019. You can buy this house for a base price of ฿3,360,000 (฿25,846/SqM).

Features

Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony

Basic Information

Property Type House
Storeys 1
Location Hua Hin, Prachuap Khiri Khan
Bedrooms 3
Nearest Landmark Wat Huay Mongkol -4.9 Km
Indoor Area 130 SqM
Price per SqM ฿25,846
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 300 SqM
House Ownership

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

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.

Thai Ownership
Land Title Deed N/A
Construction Completed (Jan 2019)
Furniture
Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
Negotiable
View(s) Garden View
Unit Type N/A
Parking Spots N/A
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.
N/A
Listed By
Private Owner
Date Listed Dec 16, 2019
Last Updated 2 years ago
Unit ID U262647

Price Analysis

Great Price
Estimated market value ฿5,629,776
Great
฿4,470,000
Good
Fair
Above
฿6,480,000
Current asking Price: ฿3,360,000
This house is ฿2,269,776 BELOW MARKET (-40%) in the Hua Hin area. It is analyzed against similar houses 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
฿3,360,000

Project Details

Project Name: The Rico Huahin
Developer: N/A
Construction: Completed (Jan 2019)
Units: 1
Project Area: N/A
Nearest Landmark Wat Huay Mongkol - 4.9 Km
Location: Hua Hin, Prachuap Khiri Khan
The Rico Huahin Project Details

Project Features

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

Available Units at The Rico Huahin

Loan Calculator

Frequently Asked Questions

Wat Huay Mongkol is the nearest Temple from The Rico Huahin and it is 4.9 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 The Rico Huahin 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

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

5 out of 5 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
t has a large space with a quiet environment.
5 Tassanee R., Thailand, 3 years ago
Last year, I had an opportunity to rent this project. It has a large space with a quiet environment. I have 5 people in my family that is very suitable for us because there are 3 bedrooms, 2 bathrooms with good furniture, and good service security. However, this project is close to the road, but it is not annoying and also it is convenient to go to various locations, especially Tesco Lotus Huay Mongkol.
Hua Hin
Hin Lek Fai

Neighborhood Overview

Location and Neighborhood

Street View

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