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The building

Property description:

Large town house with shop & company for sale in Hua Hin. This property is located in the center of Thailand's oldest and finest Beach resort, the Royal city of Hua Hin in the center of Hua Hin's tourist area (Poolsuk road) and not far from the beach.

The House is ideal for the owner to live and run any kind of Tourist oriented business.

It has 4 floors and a roof Terrace with a splendid view over the City. The building is approx 4 meters wide and 10 meters deep. A shop occupies the ground floor (approx. 40 mē) and the 2nd Floor (approx. 25 mē), with a 15 mē opening between the two floors. 3rd and 4th Floor (approx. 40 mē each) which can be used for office or living space.

The 3rd floor has a bathroom with shower, and the 4th floor has a large bathroom with shower and bathtub closed from the rest of the house as an apartment with its own air-conditioner. There is also a bathroom on the ground floor. A kitchen with a covered roof is located at one corner of the roof terrace (approx. 40 mē).

All fixed installations, such as air conditioners, water heaters, fans, lights, bathroom and kitchen equipment are included in the price, as well as a a Thai registered limited company (capitalized at 2 million Baht) which owns the house, enabling a non-Thai to own and buy the property and operate a business.

The house is a very good investment, as prices in Hua Hin, and specially in the tourist area, where this house is located, are constantly rising 10-20 % per year. The house prices in this area rises approx 1 mill./year. This is an increase by more than 35 % in only 3-4 years which makes this a very good investment.

It shouldn't be difficult to rent the house for an annual rental of 700-800,000 Baht per year, which also gives a good annual return on your money.

Contact email: 

talkto@holt-realty.com

Thai Land Measurements

Fees Payable on Property Sale

1 Talang Wah = 4mē
1 Ngan = 400mē
1 Rai = 1600mē
1 Hectare = 6.25 Rai
1 Acre = 2.529 Rai

Property business tax = 3.3%
Transfer fees = 2%
Stamp duty = 0.5%

PROPERTY FEATURES

COMMUNITY FEATURES