Are Foreigners Allowed to Buy Property in Thailand? You may have read or heard information that Thai law does not
Thailand Orchid Villas & Houses for Sale in Hua Hin
3 Bedroom | 2 Bathroom | Living area: from 167 m2 | Land from 500 m2
Thailand Properties: Orchid Villas & Houses for Sale in Hua Hin Close to the Beach
The properties are surrounded by magnificent mountain views and enjoy refreshing breezes. A truly perfect location that must be seen.
Close to many good restaurants and world class golf courses, it is truly a fantastic location. Bangkok’s highway is only a short distance from the Orchid Villas residence, making it easier to travel to and from Bangkok than passing through Cha Am & Hua Hin to get home on long weekends and on busy days.
A new real estate development of luxury villas with private pool for sale in Hua Hin, which is located only 10 minutes from the beach and shopping centres.
The Villa Orchid Signature concept offers 167 m2 of living space and the master bedroom has access to the private swimming pool and its own bathroom.
These beautiful new homes for sale in Hua Hin include a dining room and living room, and the kitchen is open plan, providing a great feeling and space to relax and entertain.
The 2nd and 3rd bedrooms share a bathroom. The 51.5 m2 terrace is covered to protect from rain and sun.
If you decide to buy a Hua Hin Orchid villa, we offer you a budget of 700,000 baht (almost 20,000 euros) for the purchase of furniture to choose from at the Beautiful World Hua Hin shop.
All rooms are equipped with air conditioning to keep you cool during the hot weather in Thailand.
The houses have a car port or covered parking area for a car and a motorbike, bicycle or other.
QUALITY MATERIAL & FURNITURE
The kitchens of these homes are supplied by the Danish company Kvik, which offers modern, top-of-the-range appliances.
TROPICAL LANDSCAPED GARDEN
Your Orchid Hua Hin villa comes with a tropical landscaped garden. An exceptional opportunity to buy a new villa close to the beach in Hua Hin, Thailand.
Details of the Property
FEATURES & Facilities
A summary of the process of buying property in Hua Hin.
Payment terms when buying property in Hua Hin:
The majority of new properties in Hua Hin are sold off-plan or under construction. Buyers will always be asked to pay a deposit for the reservation of the unit they have chosen. This ensures that the property is taken off the market. Thereafter, some time (usually 30 days) is allowed to draw up the legal documents before the first payment is made on signing the contract.
Thereafter, the remaining payments are usually spread over the duration of the construction.
Here is an example:
- Signature of the sales contract: 20%.
- Completion of the foundations or base of the villa: 20%.
- Completion of columns, floor slabs and roof frames: 20%.
- Completion of the structure of the villa, including external doors and windows: 20%.
- Substantial completion of the villa and final transfer of ownership: 20%.
In a new villa or condominium development, each owner will pay an initial amount into a sinking fund when ownership is transferred. This amount will be used in the future for major renovations and repairs that are not part of the operating budget.
Common area management costs:
In a villa scheme (note that this also applies to a condo/apartment building), specifically appointed property managers will normally be responsible for managing the common areas.
- 24-hour on-site security.
- Maintenance and watering of all common area landscaping.
- Cleaning and maintenance of all common areas.
- Management office and staffing as well as related costs, accounting and insurance.
- Electricity and water supply in the common areas. Waste collection and pest control.
The property management company reports directly to the owners’ committee on management issues and the financial status of the project.
As a reminder, according to Thai law, foreigners are not allowed to own land outright, so a series of 30-year renewable leases are granted (Leasehold).
However, a foreigner can own the house or villa he buys (the building, not the land).
As for apartments or condominiums, there are no restrictions for foreigners to buy provided that the number of foreign owners owning a flat in the same building does not exceed 49%.
Indeed, the law stipulates that the majority of the owners must be Thai nationals.
Of course, Thai buyers are able to purchase land and house in real estate developments that offer the option of full ownership.
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