The Clouds property development

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Chichi
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The Clouds property development

Post by Chichi » Tue Dec 19, 2017 10:50 pm

Hello,

Can anybody give me some advice on the Clouds or the developer? It is near Palm Hills Golf Resort on Cholprathan Road, Cha Am. I don't know Cha Am and Hua Hin very well but have been coming here on holiday for several years. I usually stay in the Khao Tao area though. I have heard that there are no floods but water supply can be an issue in Cha Am and North Hua Hin.

I am worried about the prices at the Clouds ie losing money if we have to sell, as nobody knows what the future brings. 11-13MB is too high for a holiday home. Based on your experiences, do developers give much discounts or freebies? Also I am concerned with the noises from the railway and roads. If I am honest, I would prefer a pre-owned property.

A bit more info:
My BF (English and very impulsive) and I (Thai) are looking for a holiday home in Hua Hin. We are going to split the cost (50/50), buying it in my name and having usufruct to register his interest. His view is to leave it to me if he dies first. I have no children and heir and will make a will allowing him to live in the property until his death or to sell it if he needs to. Any better ideas?

What do you think about the Orchid Palm Homes projects especially the current one called Mali near the floating Market?

What areas to avoid in Hua Hin and Cha Am please? Any good and reasonable solicitors?

Thank you in advance for your advice. Choke dee ka!

dundrillin
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Re: The Clouds

Post by dundrillin » Wed Dec 20, 2017 12:29 pm

Hi

I have no knowledge of the Clouds and I'm sure plenty of people will advise you to rent before you buy. That may not be a bad idea especially if your partner is impulsive. He may find that a longer visit is different than a short holiday. But as regards buying I would recommend a buying a 2/3 year old house in a COMPLETED development. Any faults will be apparent or will have been fixed. Many sellers are keen to move and will price accordingly. Be aware when talking to estate agents that they will want to steer you in the direction of new developments.

hhinner
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Re: RE: The Clouds property development

Post by hhinner » Wed Dec 20, 2017 5:49 pm


Chichi wrote: <snip>... I have no children and heir and will make a will allowing him to live in the property until his death or to sell it if he needs to. Any better ideas? ... <snip>
Hi Chichi, not sure how you would do that. You say you and BF going 50/50. Are you setting up a company to buy the house? You must be aware that your BF cannot own any land in his own right, so even if you will the property to him (and is approved by the Land Department) he will have to sell within one year and would probably have to give up the usufruct anyway in order to sell. Not sure what would happen if the house wasn't sold after a year though.


perfectvolley
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Re: The Clouds property development

Post by perfectvolley » Wed Dec 20, 2017 6:42 pm

Hello,
I do know these two resorts a bit. At the clouds i was looking for a sofa which was on offer there and I was invited to take a look at his home. It was very nice house with a huge pool and good in material and finishing but whatever I asked him about he said thats not standard, not the pool, not the tiles not the kitchen not the doors not the windows not the moskito sceens...So i believe he paid much more then the mentioned 13 mil. But when we left the place we were thinking what this place will be like when they will open the airport for bigger planes. That is not 100 m off there grounds. So it could get loud in the near future.
I have a friend of mine living in Mali and he is happy with his decision to buy there. He bought the house halfe year ago and the biggest issue is he has to pump of the water from his toilet tank already two times and that is not what is used to be. But besides of this the house in superb with 10 m pool and big covered terrass and he paid only 10 mio.

Chichi
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Re: The Clouds property development

Post by Chichi » Fri Dec 22, 2017 1:07 pm

Thankyou Dundrillin, Hhinner and Perfectvolley for your advice.

My BF and I have been to see several properties. Fortunately he reads your replies and becomes more cautious. Anyhow he now thinks he wants to spend more time in Thailand each year because he can work from home.

Take care everyone!

AJBangkok
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Re: The Clouds property development

Post by AJBangkok » Sun Dec 24, 2017 9:58 am

Consider buying an existing property on Palm Hills. There are a few priced at 10-12 million, it’s got great security and facilities and frankly at those prices I doubt you’ll lose money

dundrillin
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Re: The Clouds property development

Post by dundrillin » Sun Dec 24, 2017 12:33 pm

AJBangkok wrote:
Sun Dec 24, 2017 9:58 am
Consider buying an existing property on Palm Hills. There are a few priced at 10-12 million, it’s got great security and facilities and frankly at those prices I doubt you’ll lose money
Yes,especially now that maintenance fee issue has been resolved.

hhinner
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Re: The Clouds property development

Post by hhinner » Sun Dec 24, 2017 1:40 pm

And it seems that Air Asia won't be passing overhead quite as soon as was thought.

Chichi
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Re: The Clouds property development

Post by Chichi » Sun Dec 31, 2017 2:32 pm

Thanks again guys for the advice. Happy New Year.

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