3 Bedroom Villa for sale at Mali Signature

(1 Review)
Thap Tai, Hua Hin, Prachuap Khiri Khan
Unit ID: U179584
3 Bedrooms
2 Bathrooms
167 SqM Indoor Area
1 Storeys
Dec 2021 Completed

About This Villa

This property is a 167 SqM villa with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the Mali Signature project in Thap Tai, Hua Hin and was completed in Dec 2021. You can buy this villa for a base price of ฿7,340,000 (฿43,952/SqM).

Features

Wet BarWet Bar Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Outdoor ShowersOutdoor Showers Full Western KitchenFull Western Kitchen

Basic Information

Date Listed Sep 25, 2019
Updated 3 years ago
Property Type Villa
Storeys 1
Location Thap Tai, Hua Hin
Bedrooms 3
Nearest Landmark Khao Tao Beach -6.4 Km
Indoor Area 167 SqM
Price per SqM ฿43,952
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 656 SqM
Pets Cats and Dogs (all sizes)
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 Completed (Dec 2021)
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) Pool View, Garden View
Unit Type Orchid Deluxe
Parking Spots 1
Pool Size 4m x 9m
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.
฿8,528/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U179584

Price Analysis

Great Price
Estimated market value ฿8,583,036
Great
฿8,240,000
Good
Fair
Above
฿11,500,000
Current asking Price: ฿7,340,000 | Rental estimate: ฿54,800/mo
This villa is ฿1,243,036 BELOW MARKET (-14%) 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
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.
฿8,528/mo

Project Details

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

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
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Available Units at Mali Signature

For Sale 1 For Rent 2
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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 ฿8,528 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

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

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

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

3.5 out of 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
Cordell Degroot, Belgium, 3 years 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

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