Sivana HideAway 2

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Nong Kae, Hua Hin, Prachuap Khiri Khan

Unit ID: U661142
6% GUAR. RETURN FOR 5 YEARS
฿9,950,000 ฿10,600,000 Great Price
Bedroom
3 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
141.70 SqM Indoor Area
Stairs
1 Storeys
Construction
10 Months Made To Order

3 Bedroom Villa for sale at Sivana HideAway 2

This property is a 141.70 SqM villa with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Sivana HideAway 2 project in Nong Kae, Hua Hin and will be built within 10 months of purchase. You can buy this villa for a base price of ฿9,950,000 (฿70,219/SqM).

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking

Basic Information

Property Type Villa
Storeys 1
Location Nong Kae, Hua Hin, Prachuap Khiri Khan
Bedrooms 3
Nearest Landmark Khao Tao Beach -1.5 Km
Indoor Area 141.70 SqM
Price per SqM ฿70,219
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
124.75 SqM
Plot Size 482.65 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 Made To Order (10 Months)
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 Type AS
Parking Spots 2
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.
฿4,827/mo
Listed By
Developer
Date Listed Feb 8, 2021
Last Updated 2 months ago
Unit ID U661142

Price Analysis

Great Price
Estimated market value ฿14,222,042
Great
฿11,000,000
Good
Fair
Above
฿13,000,000
Current asking Price: ฿9,950,000
This villa is ฿4,272,042 BELOW MARKET (-30%) 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.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿9,950,000
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.
฿4,827/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.
17
Guaranteed Rental Return
6%
Guarantee Duration
5 Years

Project Details

Project Name: Sivana HideAway 2
Construction: Made To Order (10 Months)
Units: 11
Project Area: 7,700 SqM
Nearest Landmark Khao Tao Beach - 1.5 Km
Location: Nong Kae, Hua Hin, Prachuap Khiri Khan
Sivana HideAway 2 Project Details

Available Units at Sivana HideAway 2

Get notified when new homes are being added to Sivana HideAway 2

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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
25%
2nd Installment
Before start of roof (3-4 Months after construction)
20%
3rd Installment
Start of Interior (7-8 Months after construction)
25%
4th Installment
Completion of unit (12-13 Months After Construction)
20%
5th Installment
On handover
10%

Frequently asked questions

Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at Sivana HideAway 2.
The common area maintenance fee is ฿10 per square meter based on the plot size of the property and is ฿4,827 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.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Sivana HideAway 2 the required payment for the sinking fund is ฿80 per square meter based on the size of the plot size of the property.
Khao Tao Beach is the nearest Beach from Sivana HideAway 2 and it is 1.5 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 Sivana HideAway 2 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

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
25%
2nd Installment
Before start of roof (3-4 Months after construction)
20%
3rd Installment
Start of Interior (7-8 Months after construction)
25%
4th Installment
Completion of unit (12-13 Months After Construction)
20%
5th Installment
On handover
10%

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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