excellent private house in hua hin

Hua Hin City, Hua Hin, Prachuap Khiri Khan
Unit ID: U1042908
3 Bedrooms
3 Bathrooms
450 SqM Indoor Area
2 Storeys
Jan 2004 Completed

About This House

This property is a 450 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is located in Hua Hin City, Hua Hin and was completed in Jan 2004. You can buy this house for a base price of ฿12,500,000 (฿27,778/SqM).

This two story private villa sits on a total of 792 sqm of land and consists of a living area covering 450 sqm of space. It is situated in the ever growing area of Soi 102 where land prices have sky rocketed the last 10 – 15 years due to the close location to town and Bluport International Shopping Mall which is only 4 minutes away by drive. The home features two floors with a wide and open living area perfect for a restaurant or pub on the ground floor and it is already fitted with all required restaurant furniture, tables and chairs, high quality pool table, dedicated drinks bar, good lighting, TVs, fans and all other appliances and items you would need to set up your own bar and restaurant. Outside you have a large covered terrace with lots of space for tables and seating to accommodate multiple customers, as well as an uncovered seating area which is already fitted with frames for installing a retractable roof to accommodate yet even more seating. The 2nd floor consists of 3 vevry large bedrooms and 3 bathrooms. Some of the rooms have large balconies with city and mountain views. The tropical Thai garden also as additional seating with traditional wooden Thai tables for more private customers. There is space for car parking in front of the restaurant and on the side. With land prices in the area of between 5 million to over 15 million Baht per Rai for land only, this property is an absolute steal at only 12,500,000 Baht for both land and house. This is the perfect opportunity for an entrepreneur to set up their own business, restaurant, bed and breakfast or anything along those lines for when the city and country will eventually open up to tourists again and there will most definitely be a huge demand for well located holiday rentals and restaurants.

Features

Private GardenPrivate Garden Garden AccessGarden Access TerraceTerrace BalconyBalcony

Basic Information

Date Listed Nov 18, 2021
Updated 2 years ago
Property Type House (Single Detached)
Storeys 2
Location Hua Hin City, Hua Hin
Bedrooms 3
Nearest Landmark Hua Hin Beach -1.6 Km
Indoor Area 450 SqM
Price per SqM ฿27,778
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 792 SqM
Pets N/A
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 Chanote
Construction Completed (Jan 2004)
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) Garden View
Water Price Government Rate
Electricity Price Government Rate
Unit Type N/A
Parking Spots 4
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
Broker Network
Unit ID U1042908

Price Analysis

Above Average
Estimated market value ฿10,867,626
Great
฿13,600,000
Good
Fair
Above
฿13,600,000
Current asking Price: ฿12,500,000
This house is ฿1,632,374 ABOVE MARKET (15%) 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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