The Riviera Monaco

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Na Chom Thian, Pattaya, Chon Buri

Unit ID: U62524
฿9,595,493 Great Price
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
68 SqM Size
Floors
2 Floor
Construction
Oct 2021 Off Plan

2 Bedroom Condo for sale at The Riviera Monaco

This property is a 68 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the The Riviera Monaco project in Na Chom Thian, Pattaya and it is scheduled for completion in Oct 2021. You can buy this condo for a base price of ฿9,595,493 (฿141,110/SqM).

Features

BeachfrontBeachfront JacuzziJacuzzi BalconyBalcony

Basic Information

Property Type Condo
Floor 2
Bedrooms 2
Size 68 SqM
Price per SqM ฿141,110
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if that is currently below 49%.

Thai Quota, Company
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) Sea View
Unit Type 2BR
Building N/A
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.
฿3,400/mo
Listed By
Developer
Date Listed Feb 1, 2018
Last Updated 3 months ago
Unit ID U62524

Price Analysis

Great Price
Estimated market value ฿10,155,285
Great
฿6,580,000
Good
Fair
Above
฿6,720,000
Current asking Price: ฿9,595,493
This condo is ฿559,792 BELOW MARKET (-6%) in the Pattaya area. It is analyzed against similar condos 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
฿9,595,493
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.
฿3,400/mo

Project Details

Project Name: The Riviera Monaco
Developer: The Riviera Group
Construction: Off Plan (Oct 2021)
Floors: 40
Buildings: 1
Units: 412
Project Area: 4,912 SqM
Nearest Landmark Na Jomtien Beach - 0.8 Km
Location: Na Chom Thian, Sattahip, Chon Buri
The Riviera Monaco Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Indoor Games Room Indoor Games Room
Lounge Lounge
Communal Garden Area Communal Garden Area
Attached Market / Shops Attached Market / Shops
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at The Riviera Monaco

  • Communal Pool
    Ground Floor
  • Communal Pool
    21st Floor
  • Communal Garden Area
    32nd Floor

Available Units at The Riviera Monaco

Get notified when new homes are being added to The Riviera Monaco

Loan Calculator

Project Progress

The Riviera Monaco 0%
Expected completion date: October 2021
  • The environmental impact assessment has been approved.
June 202173%

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
20%
2nd Installment
5 Monthly Installments
30%
3rd Installment
On completion
50%
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
20%
2nd Installment
5 Monthly Installments
30%
3rd Installment
On completion
50%
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
15%
2nd Installment
5 Monthly Installments
15%
3rd Installment
On completion
70%
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
15%
2nd Installment
5 Monthly Installments
15%
3rd Installment
On completion
70%

Frequently asked questions

No pets are allowed at The Riviera Monaco unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
The common area maintenance fee is ฿50 per square meter based on the size of indoor area of the property and is ฿3,400 for this condo. 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 The Riviera Monaco the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Na Jomtien Beach is the nearest Beach from The Riviera Monaco and it is 0.8 km away.

Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

Read more here

After you have found the right property you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
20%
2nd Installment
5 Monthly Installments
30%
3rd Installment
On completion
50%
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
20%
2nd Installment
5 Monthly Installments
30%
3rd Installment
On completion
50%
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
15%
2nd Installment
5 Monthly Installments
15%
3rd Installment
On completion
70%
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
15%
2nd Installment
5 Monthly Installments
15%
3rd Installment
On completion
70%

Read more here

 

Sure and with travel restrictions this is becoming a more popular option. We have online immersive tours of a large number of properties so you can see all properties from your home. Our experienced team can also conduct a video tour and once you are ready to go ahead with your purchase, either our team or we can recommend lawyer to manage the entire transfer of the property into your name without you physically being 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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Pattaya

Na Chom Thian

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