Land for sale at White Lotus 1

 (Write Review)
Nong Kae, Hua Hin, Prachuap Khiri Khan
Unit ID: U1057686
3,100 SqM
Plot Size
Chanote
Land Title Deed
City View
View(s)
Feb 9, 2022
Date Listed

About This Land

This property is a 3,100 SqM land plot that is available for sale. It is part of the White Lotus 1 project in Nong Kae, Hua Hin and was completed in Jan 2016. You can buy this land for a base price of ฿12,500,000 (฿4,032/SqM).

Basic Information

Date Listed Feb 14, 2022
Updated 2 years ago
Property Type Land
Location Nong Kae, Hua Hin
Nearest Landmark Takiab Beach -2.2 Km
Plot Size 3,100 SqM
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
View(s) City View
Listed By
Private Owner
Unit ID U1057686

Investment Opportunity: Charges & Yield

Project Details

Project Name: White Lotus 1
Developer: N/A
Construction: Completed (Jan 2016)
Units: 4
Project Area: N/A
Nearest Landmark Takiab Beach - 2.2 Km
Location: Nong Kae, Hua Hin
White Lotus 1 Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Spa Spa
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Frequently Asked Questions

All kind of pets are allowed at White Lotus 1 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee for properties at White Lotus 1 is a fixed amount of ฿5,833. This amount 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.
Takiab Beach is the nearest Beach from White Lotus 1 and it is 2.2 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 White Lotus 1 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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Hua Hin
Nong Kae

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